auditview by apexanalytix is a comprehensive audit and recovery solution designed to protect companies from payment errors and hidden procure-to-pay risks. Leveraging over 35 years of experience and industry-leading AI technology, auditview helps organizations recover overpayments, improve financial processes, and ensure compliance.

Features

• Post-Audit Insights: Provides deep dives into issues like hidden credits, duplicate payments, and returns to improve processes and prevent future losses.
• ERP Integration: Facilitates quick data transfer to all major ERPs, saving time and resources.
• AI-Powered Recovery: Identifies suppliers likely to have hidden credits and enhances recovery efforts through meaningful conversations.
• 24/7 Progress Tracking: Offers online access to track the progress of audits and funds recovery.
• Global Shared Services Experts: Provides skilled, certified experts fluent in over 20 languages and experienced in various industries and regions.
• Supplier Relationship Preservation: Minimizes the time impact on suppliers while pursuing recoveries, maintaining strong supplier relationships.

Benefits

• Cost Savings: Prevents or recovers $9 billion in overpayments annually, protecting the bottom line from payment errors.
• Process Improvement: Enhances operational efficiency and compliance through detailed insights and process improvements.
• Risk Mitigation: Reduces the risk of overpayments and non-compliance by identifying and addressing hidden financial risks.
• Optimized Working Capital: Improves cash flow and financial health by ensuring every dollar owed is recovered.
• High Recovery Rates: Achieves the highest recovery rates in the industry through a combination of supplier relations skills and advanced technologies.
• Vendor-Approved Deductions: Ensures claims are validated with suppliers, maximizing results and minimizing disputes.