Case Study: Global Financial Services Company prevents $20M+ in overpayments with apexanalytix firststrike

How a market leader prevents millions in overpayment errors

Global Financial Services Company, a top 10 global financial services firm with more than 200 million accounts in 150+ countries, was struggling to manage supplier and intracompany payments across multiple ERPs in 60+ countries. Its manual, reactive controls made it difficult to catch discrepancies, prevent fraud, and consolidate reporting across currencies and locations.

To address this, apexanalytix implemented its firststrike® overpayment prevention solution to identify potential overpayments before payment was made. In just 12 months, apexanalytix helped the customer prevent or recover more than 500 overpayments totaling over $20 million, while also simplifying global reporting, reducing manual effort to just 2–3 hours per day, and tightening controls across the procure-to-pay process.