Apex Analytix
Apex Analytix provides a configurable platform for supplier management, risk management, and recovery solutions, featuring AI-driven tools and secure authentication methods.
Services
Apex Analytix provides a wide range of services including supplier management, risk management, and recovery solutions. Their platform is configurable to meet different business needs, and they offer advanced tools like the apex Neural Engine, an AI-driven tool for procure-to-pay (P2P) processes. They also feature Passkeys User Authentication for secure, passwordless login. Apex Analytix's services also extend to supplier onboarding, bank account validation, invoice and payment visibility, and fraud prevention. They provide comprehensive audit and recovery services, including AP recovery audit, overpayment prevention, and contract compliance audit.
Products
Apex Analytix offers several key products designed to optimize financial processes. The apex Neural Engine is an AI-driven tool for P2P processes, while their fraud detection solution leverages AI and machine learning for enhanced security. They provide a supplier portal for touchless onboarding and management, and their bank account validation service is integrated with global banking and government databases. Apex Analytix also offers early payment programs, dynamic discounting, and supply chain financing options to improve working capital.
Industry Recognition
Apex Analytix has received significant industry recognition, including being named a Customer Favorite and receiving the Top Tech Score in SpendMatters Spring 2024 Solution Map. The company's innovative solutions and comprehensive suite of services have garnered attention from industry analysts and clients alike.
Icon Conference
Apex Analytix hosts the Icon Conference, an exclusive event for leaders in financial shared services and procurement. This annual event brings together global financial leaders to discuss industry trends, challenges, and innovations. They also organize regional events such as the Icon Americas and Icon EMEA Summit conferences, providing a platform for networking and knowledge sharing among top professionals.
Data Management and Protection
Apex Analytix manages an extensive database with over 100 million supplier records and analyzes and protects $9 trillion in annual spend. Their solutions include continuous monitoring and risk assessment for suppliers, fraud detection leveraging AI and machine learning, and intelligent data solutions for data validation and enrichment. Annually, they prevent or recover $9 billion in overpayments, showcasing their robust capabilities in financial data management and protection.