apexanalytix

The target: your payments to suppliers. The criminals: bad actors that make fraud their full-time focus. The strategy: diverting legitimate payments to fraudulent bank accounts. Your weakness: manual processes. The solution: automated bank account validation. One large private company was sick and tired of tens of millions of attempted fraud. When they lost $500K forever, the CFO got mad. Procure-to-pay leadership got busy. Today, they have 0 fraud. Read the full story here: https://hubs.ly/Q02HZKx20

Only 24 hours left to secure your spot for our next webinar with Institute of Finance and Management (IOFM). Join us tomorrow July 23rd at 2 PM EST as Matthew Morookian shares actionable strategies to: -Stay Compliant: Learn how to ensure compliance with regulations enforced by authorities like OFAC, FBI, UN, and more. Detect Fraud: Gain insights into identifying fraudulent activities currently taking place within your supply base. -Prevent Fraud: Discover methods to prevent fraudulent changes to bank account information. -Monitor Suppliers: Understand how to continuously monitor suppliers for critical changes in their risk and compliance profiles. Don’t miss this opportunity to stay ahead in the ever-changing world of risk and compliance. Register now! https://hubs.ly/Q02HqPHK0

At apexanalytix, our BeWell@apex program encourages our associates to give back to our community. Last weekend we participated in the Relay for Life, a charity event by the American Cancer Society to honor cancer patients, survivors, and their caretakers. Learn more about Relay for Life here: https://hubs.ly/Q02HjjWt0 #communityservice #BeWell #employervalues

No organization ever wants to overpay its suppliers. But during uncertain economic times, overpayments can have a huge impact on working capital. Join me and apexanalytix for this Institute of Finance and Management (IOFM) webinar and learn how preventing overpayments can be the fastest way to increasing working capital. #accountspayable #apautomation #quality

According to the FBI, fraudsters pocketed $2.9 billion from businesses in 2023 using a payment fraud method called business email compromise (BEC). Process improvements and technology investments are essential in today's risk and compliance environment. If you want to learn how to strengthen your compliance strategy and mitigate financial risks, register today for apexanalytix's upcoming webinar with IOFM! In this webinar, Matthew Morookian will discuss practical ways to:  -Ensure compliance with regulations enforced by OFAC, FBI, UN, and more -Identify fraudulent activity currently happening in your supply base -Prevent fraudulent bank account changes -Continuously monitor suppliers for critical changes in their risk and compliance Register today! https://hubs.ly/Q02GY2cK0

In this interview, apexanalytix CPO Danny Thompson discusses how companies can get started with supply chain risk management, which is a more difficult task than it might seem. “Just finding all of the data sources to assess risk, and then having the bandwidth to digest all of that risk data in order to take action, is pretty overwhelming for these groups.” To begin, Danny recommends identifying the most important, high priority risk information—which, for most companies, is usually cyber risk. At apexanalytix, we help businesses start assessing risk in this category through our apexanalytix | Cyber Risk offering. ▶️ Learn more by watching the video now: https://hubs.ly/Q02GDBLW0

We're halfway through our summer intern program, and we're incredibly proud of the dedication and hard work shown by all our interns here at apex! Get to know more about these talented individuals.

Exciting news! VENDOR iQ, the industry leader in supply chain optimization for financial services, has entered into a strategic partnership with apexanalytix 🤝 apexanalytix | Cyber Risk's cutting-edge cyber intelligence data is now seamlessly integrated into the VENDOR iQ platform. This collaboration enhances our multifaceted surveillance alerts and oversight intelligence, benefiting UK financial institutions that rely on our technology. Cyber breaches pose serious risks to business operations and reputations. Shockingly, most breaches go undetected for an average of 212 days! With third-party breaches on the rise (up 49% year-on-year), timely responses are critical. Our new partnership empowers UK financial institutions to identify and address concerns within their supplier network efficiently. apexanalytix | Cyber Risk scours the dark web and other sources for signs of cyber attacks or data breaches worldwide. Through this collaboration, VENDOR iQ clients gain real-time visibility into potentially harmful incidents affecting any supplier. Our innovative approach combines cyber risk expertise and proprietary technology from both apexanalytix and VENDOR iQ. Read the full press release here: https://hubs.ly/Q02GjkrP0 #VENDORiQ #apexanalytix #SupplyChainSecurity #CyberIntelligence #Partnership #supplierriskmanagement

We are excited to announce our next webinar hosted by Institute of Finance & Management (IOFM) will be on Tuesday July 23rd at 2 PM EST. In the past four years, business operations have been significantly impacted by a myriad of disruptions: global pandemics increasing operational costs, geopolitical conflicts leading to swift sanctions, and a rise in Business Email Compromise (BEC) resulting in payment fraud. This evolving risk and compliance landscape has emphasized the importance of process improvement. During this session, Matthew Morookian, Director of Product Marketing at apexanalytix, will discuss the pivotal role of vendor management in fortifying your business from doing business with a sanctioned entity, avoiding costly fines, and preventing fraudulent payments. Join us to learn practical ways to: ✅ Ensure compliance with regulations enforced by OFAC, FBI, UN, and more 🔎 Identify fraudulent activity currently happening in your supply base 🛑 Prevent fraudulent bank account changes 🔁 Continuously monitor suppliers for critical changes in their risk and compliance Register now: https://hubs.ly/Q02FzGF00

At apexanalytix, our "why" is to positively impact the lives and careers of our associates, customers, and partners. Our associates extend this why statement further by adding on ‘so that’ to personalize it for them. For Jody, she finishes our why statement with – “so that I can make a difference in my colleagues’ lives”. What is your “why” behind the work you do? #employeetestimony #whystatement #motive #employee #workculture