About apexanalytix

Ultimate Supplier Management

apexanalytix is a pioneer in the supply chain software, data, and analytics markets with data-powered software and services for supplier management, fraud prevention, and overpayment recovery. Today, apex serves over 300 Fortune 1000 companies, including brands like Starbucks, Delta Airlines and Kimberly-Clark, protecting more than $9 trillion of annual spend across the world’s most complex supply chains.

 

The supplier ecosystem is a complex and high-risk network, but apex simplifies the management process with its comprehensive suite of industry-leading solutions, including its supplier management platform, which fully automates supplier onboarding, master data management, and continuous monitoring of supplier and supply chain risk, throughout the supplier life cycle.

 

In 2023, Gartner released an updated market guide for supplier risk management solutions which designated apex as one of the only vendors that supports all seven types of major risk (risk event monitoring, financial, sustainability/ESG, performance, compliance, capacity, and cyber risk monitoring). Rather than taking a siloed approach, apex differentiates itself by offering a comprehensive platform that addresses all aspects of risk.

 

The apex platform brings together the most comprehensive supplier intelligence for unprecedented protection. Organizations can now integrate supply chain risk management from the earliest stages of the supplier lifecycle to identify, address, and protect against risks. The apex platform establishes compliance and risk management best practices through an easy-to-use, self-service supplier portal. In its mission to revolutionize global supply chain processes, apex builds technology that gives enterprises the power and flexibility to run their business their way.

apexanaltyix launched the apex Neural Engine, an AI-powered solution poised to shape the future of the supplier management landscape, earlier this year. The apex Neural Engine represents a significant step forward in how businesses collaborate and interact with suppliers through layers of automated technologies.

apex Neural Engine leverages cutting-edge technology to swiftly grasp all your supplier requirements, offering conversational support for all queries. Whether a supplier seeks information on early payment options or a procurement manager is onboarding a new supplier, apex Neural Engine provides prompt answers on your company’s documentation or third-party vendor management tools. By eliminating phone calls, call center hours, and email exchanges, organizations are empowered to provide everyone with the answers they need, precisely when needed.

More than just a chatbot or copilot, the apex Neural Engine is a comprehensive platform that ensures a holistic approach to supplier support and business collaboration, allowing users to address queries from any third party and internal team, deliver every compliance requirement in easy-to-understand answers, establish public, private and segment-specific knowledgebases to answer questions according to an organization’s specific security requirements and build private knowledge bases by applying generative AI to any supplier documentation: general policies, sustainability practices, child labor policies, etc.

To support our commitment to innovation, they have built a highly experienced team of associates in key markets around the globe. Together they value performance, honor a diversity of perspectives, experiences and cultures, nurture candor, give back to the communities where we live and work, and have fun working together. 

Capabilities - Level 1

Data, Analytics & Visualisation Supplier Relationship Management & Collaboration Third-Party Risk Management

Capabilities - Level 2

Analytics Approvals & Workflow Audit Recovery Collaboration & Communication Dynamic Discounting Master Data Management Risk Monitoring & Reporting Supplier Communications Supplier Information Management Supplier Portal Supplier Risk Tiering Vendor/Workforce Onboarding & Offboarding

Technologies

AI Conversational AI Cyber GenAI Machine Learning

Key Impact

Compliance Productivity Risk & Resilience Sustainability

Languages

English

Industries

Advanced Electronics Aerospace & Defence Automotive & Mobility Chemicals Consumer Products Energy Financial Services Healthcare Systems & Services Hospitality & Leisure Industrial Manufacturing Retail Technology Telecommunications Transportation & Logistics

Customer Size

A. Enterprise (1,000+ Employees)

Team

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