Case Study: a global manufacturer of network equipment recovers $10M in overpayments with apexanalytix

Global Manufacturer of Network Equipment recovers $10M with apexanalytix

The customer, a global manufacturer of network equipment, faced a challenge where purchase orders were frequently and mistakenly coded as taxable. This led its payment system to automatically pay use tax even when suppliers had not charged it, resulting in years of accumulated overpayments that were not caught by normal AP checks. To address this, the company partnered with apexanalytix to add a sales and use tax review to its existing AP recovery audit.

apexanalytix conducted the sales and use tax audit by leveraging the data already being collected for the AP audit, requiring no new data pulls or system access. The solution identified where use tax had been applied in error, primarily due to purchase order coding mistakes. As a result, apexanalytix helped the manufacturer recover more than $10 million in tax overpayments, contributing to a total recovery exceeding $15 million across the full partnership.