Case Study: Global Communications Provider protects billions in disbursements with apexanalytix firststrike

Global Communications Provider Using the power of prevention to protect billions in annual disbursements

Global Communications Provider, a publicly traded mobile communications company, needed stronger protection against duplicate payments across more than $15 billion in annual disbursements. Although it already used internal software and an ERP platform to catch some errors, costly duplicate payments were still slipping through. To add a more comprehensive layer of control, the company turned to apexanalytix and its firststrike® software.

apexanalytix implemented firststrike to continuously review pending payments for errors and fraud, and also used it to audit past disbursements. The solution helped recover $9 million in historical duplicate payments and prevented $20 million in duplicates within the first two years, while delivering almost 100% ROI on day one. apexanalytix also helped identify control gaps and gave the business better reporting and data for decision-making.