Case Study: Largest Automaker Company achieves $180M+ in recovery audit savings with apexanalytix

Automotive Manufacturing Keeping recoveries high with technology-enabled audit services

Largest Automaker Company, one of the world’s largest automakers with dozens of plants worldwide, partnered with apexanalytix to improve payment audit controls in North America. The company relied heavily on evaluated receipts settlements (ERS) instead of invoices and needed help identifying overpayments, missed credits, and pricing compliance issues.

apexanalytix placed resident audit experts onsite and used its firststrike® technology to monitor ERS transactions, evaluate contract pricing, mine electronic records, and ensure accurate payments. The program helped the company recover more than $180 million over nine years, including about $30 million in the most recent year alone, while also identifying root causes, improving controls, and strengthening collaboration between purchasing and accounts payable.