Case Study: Global Electronics Company recovers £750K and uncovers disbursement errors with apexanalytix

Global Electronics Industry Using technology to uncover disbursement errors

Global Electronics Company, a multinational electronics manufacturer with more than 130,000 employees and annual revenues over £47 billion, faced five years of un-audited disbursements in its Europe-based division. Executives suspected unrecovered losses were hurting profitability, so the company turned to apexanalytix for a technology-enabled recovery audit and benchmarking against industry peers.

apexanalytix analyzed nearly 400,000 invoices covering £4 billion in spend and reviewed about 1,300 supplier statements to uncover unclaimed credits. The audit recovered more than £500,000 from duplicate payments and nearly £250,000 from statement recoveries, while also highlighting issues such as vendor master duplication, coding errors, and control overrides. The project also provided metrics to support sourcing decisions and process improvements.