Protect your company’s reputation and revenue from the first time you engage with a supplier and throughout the supplier lifecycle.
Gartner lists finance as one of seven supplier risks to manage.
Read their Market Guide To Supplier Risk Management.
When suppliers face financial hardship, your operations could be directly impacted.
Understand the financial health of every supplier. Indicators, including financial risk ratings from Equifax, warn you when trouble is on the horizon.
Worried about supplier fraud? We’ve been protecting against it since 1988. Learn more about our Fraud Prevention solution.
Ask the important questions. Best-practice questionnaires in a user-friendly portal.
Measure every supplier with the trusted standard maintained by Equifax.
Ensure suppliers are insured. Gain alerts if it's cancelled or lapses.
Identify (and act on) indicators of supplier fraud, powered by machine learning.
Collect financial data through questionnaires, then enrich it from verified sources. Monitor changes in bank accounts, credit ratings and insurance coverage.
Integrate supplier financial risk information with your ERP(s) and other finance systems. Every stakeholder can utilize supplier financial risk in their workflows.
The AI Risk Resolution Engine identifies emerging financial risks among suppliers - including indicators of fraud - and can halt payments until issues are resolved.
Embed your existing data sources alongside other supplier risks. You'll get a clearer picture of risk without disrupting your experts' processes.
Fraud, duplicate payments and unapplied credits could be costing your business millions. With apexanalytix, you can identify and prevent these overpayments before they leave your business.
- Shared Services Accounts Payable Manager
Prevent duplicate payments that your ERP doesn't catch (in real time). For every $1B in spend, $2M in overpayments slip through normal ERP controls.
Detect and block fraudulent payments before the go out the door. Evaluate every invoice against a long list of risk factors associated with fraud.
Recover money to your bottom line and identify gaps in your controls. apexanalytix is the largest commercial accounts payable recovery audit firm in the world.
Discover (and recover) overpayments due to unenforced contract clauses. Includes missed discounts, price protection deals, cancellations and non-compliance.
apexanalytix protects $9T spend annually for the world's largest companies.
We might already work with your finance team. Speak with us to learn more.
Gain a unified view of all 7 key supplier risk factors identified by Gartner.
Then, add the industry-specific risks that threaten your business.