Management Assessment We Share Our Findings To Help You Prevent Future Overpayments APEX Analytix® provides a complete evaluation of your Accounts Payable function as part of every audit. Our professional staff, assisted by our proprietary software, performs a highly focused review to identify recoverable overpayments and uncover their cause. As part of our audit process, we learn as much as possible about our client's spending in a very brief time frame. We use a variety of reporting capabilities in our audit tools to provide management reports that detail cash management feedback, monitor cash discount capture, and identify vendors as potential EDI candidates. Our management report provides an assessment of Accounts Payable “best practices” (imaging, EDI, procurement card, positive pay), recommendations to prevent future overpayments; specific cash flow, cash discount opportunities, and other recommendations to strengthen your financial function. Our audit findings provide a detailed testing analysis and recommendation section containing an analysis of overpayments by underlying reasons. For many clients, we provide ad hoc reporting throughout the review based on client needs. Our capabilities include, but are not limited to insight into: Cash flow Financial analysis to ensure compliance with payment terms Credit percentage analysis Duplicate vendors, inactive vendors and one-time vendors Days payable outstanding Top “X” vendors by invoice and spending Processing efficiencies Purchase order stratification Financial analysis by vendor to determine the cost impact of not taking discounts Analysis of accurate unit costs and calculations matched to purchase order and more Contact us for more information or request a copy of a sample management assessment report. Additional Resources FirstStrike Overpayment Prevention Technology Contact Us Meet Our Team Connect with us Call: North America: +1 (336) 272-4669 Toll-Free: (800) 284-4522 EMEA: +44 (0) 1908 306035 site mapprivacysupplier faqsdisclaimercopyright Copyright © 2014 APEX Analytix, LLC Category Map blog join our team contact us Audit Services FirstStrike Software Industry Solutions Expert Resources Your Global Partner