Case Study: Leading Financial Services Company achieves global supplier data management with apexanalytix

Financial Services Using a portal to transform supplier information management

Leading Financial Services Company, a global financial services leader with more than 250,000 employees across nearly 60 countries and over 70,000 suppliers, was struggling with cumbersome manual vendor onboarding and maintenance processes. Using multiple standalone tools and forms to register vendors, validate data, and keep information current was hurting efficiency and accuracy, prompting the company to seek a better onboarding solution from apexanalytix.

Apexanalytix implemented apexportal for touchless supplier registration and compliance management, allowing suppliers to enter and upload tax, banking, address, and insurance information with automated validation and ERP updates. The solution now syncs approved records to the company’s Oracle and SAP systems, supports 18 languages and location-specific regulations, and has delivered significant time and resource savings, reduced fraud risk, improved compliance with 180,000 business rules, and created a scalable global supplier data management platform.