TrustRadius: an HG Insights company

apexanalytix

Score8.3 out of 10

4 Reviews and Ratings

What is apexanalytix?

The apexanalytix platform protects a company’s reputation and revenue from the first engagement with a supplier and throughout the supplier lifecycle.

AP Recovery Audit Review

Use Cases and Deployment Scope

apexanalytix is our partner for Accounts Payable Recovery Audit. This is a great service to bring valuable insights to our accounts payable business processes and realize potential working capital recoveries as a result.

Pros

  • Brings a long term history of industry expertise in recovery audits
  • Provides user friendly interfaces for their clients and related tools

Return on Investment

  • Realizing working capital recovery
  • Provides root cause analysis to provide areas of improvements for business processes

Usability

Other Software Used

SAP Ariba, Serrala

Great products and support

Use Cases and Deployment Scope

Supplier Management onboarding and validations along with Risk review and Inquiry for suppliers.

Pros

  • Validations on supplier details
  • Meets business needs
  • Scalability
  • Eliminates manual processes

Cons

  • Integration files
  • Banking verifications and scores
  • Data ingestion - reducing redundancy

Return on Investment

  • We have been able to onboard more properties and their suppliers in efficient manners.
  • We have reduced the number of manual touchpoints for vendor approvals and setup.
  • We have created a foundation for our procurement team and contract negotiations.

Usability

Alternatives Considered

PaymentWorks and Coupa

apexanalytix iCon 2026

Use Cases and Deployment Scope

Used for Supplier Master Data. One stop shop for supplier registration.

Pros

  • SmartVM+
  • Supplier Onboarding
  • Bank validations
  • Insights

Cons

  • Expanding bank validations in LATAM region

Return on Investment

  • Transitioning suppliers from proxy to self serve

Usability