apexanalytix
34 Case Studies
A apexanalytix Case Study
Global Transportation Company, a global airline serving more than 160 million passengers annually, needed a better way to control duplicate payments and protect cash from disbursement errors. Its accounts payable team was processing about $15 billion in annual disbursements, but the ERP-based duplicate payment reports were too long and full of false positives to be useful. The company turned to apexanalytix and its firststrike® software to improve visibility and reduce waste.
apexanalytix implemented firststrike® to proactively identify duplicate payments, overpayments, and other disbursement errors before payments were released, while also supporting historical audits. The solution delivered reporting and analytics that gave the airline better insight into its data, helped improve internal controls through root cause analysis, and supported performance monitoring and benchmarking. Results included a full return on investment in 30 days and prevention of $2 million in duplicate payments over the first two years.
Global Transportation Company