About APEX Analytix, Inc
Apex Analytix is an audit recovery firm located in Greensboro, North Carolina. In 1988 Apex Analytix was founded as JBA Consulting in Greensboro, North Carolina by James Arnold. Apex works with clients to identify any overpayments to vendors, including fraudulent transactions. The company provides audit recovery services, spend analysis software, spend compliance analytics tools, industry focused analytics, and services to help with Sarbanes-Oxley compliance. The company’s clients include large private enterprises, public companies, and government agencies such as the US Department of Labor. By 2004, Apex’s client list included 40% of the US’s fifty largest corporations. The CEO of the company is Steve Yurko. In 2004, Apex first produced its payment error software. It also previously provided real estate lease audit services. The main software that Apex provides is the FirstStrike Supplier Portal, which monitors “pricing trends and changes, missed discounts and price-related payments for goods purchased”. It checks incoming invoices from a companys supply chain against purchasing-contract discounts to measure the price paid against the real market price. The 2014 version of the software was available in thirteen languages, about 5,000 configurable rules, and bi-directional integration with a client’s SAP database. Apex also publishes the FirstStrike Fraud Detect software. The software is sold on an annual subscription basis.