MILTON KEYNES, England, March 8, 2011 /PRNewswire/ --
During this week's "Shared Services & Outsourcing" Conference in Krakow, Poland, experts from APEX Analytix will share best practices for identifying high-risk vendors and protecting a company's profits from fraud.
APEX Analytix is a leading global provider of services and software for performance improvement, error prevention and fraud detection in procure-to-pay. The company is sponsoring the March 9-10 event, which is produced by the Shared Services & Outsourcing Network.
"Fraud is a significant problem for today's corporations," said Albert Peynsaert, APEX Analytix managing director for Europe. "Fraudulent vendors can drain a company's profits and even damage its brand name. We plan to demonstrate ways to reduce fraud risks across the procure-to-pay cycle - from the time a vendor is set up to the time an invoice is paid."
At 11 a.m. Thursday, March 10, Jon Kohler, VP of sales and marketing, Europe, will deliver a presentation on fraud detection and will showcase FirstStrike(R) Fraud Detect, a software solution that identifies high-risk vendors and fraudulent transactions. Attendees visiting the APEX Analytix booth at the Sheraton Krakow Hotel will be offered a free, customized calculation of their organization's fraud risk.
FirstStrike(R) Fraud Detect is part of a broad suite of APEX Analytix software that has delivered more than $2 billion in documented savings to date. Clients often realize a total return on investment within days or weeks.
For more information on the event, visit: http://www.sharedservicescee.com.
About APEX Analytix
APEX Analytix helps companies unlock their potential by maximizing their profitability and safeguarding disbursements globally. Our innovative people, processes and technology have transformed the audit recovery industry - led by FirstStrike(R), our family of standards-based software. For more than 15 years, FirstStrike(R) has been used by some the largest accounts payable teams on the planet to detect and prevent errors, halt fraud in its tracks and improve procure-to-pay performance. APEX Analytix also is the world's leading provider of recovery audit and risk analysis services for the manufacturing, retail, government, services, healthcare and insurance sectors, where we help firms recapture lost profits and protect trillions of disbursements each year. The company's European headquarters is based in Milton Keynes, U.K. For more information, visit http://www.apexanalytix.eu or call +44-1908-306270. In the U.S., visit http://www.apexanalytix.com or call +1-800-284-4522.
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SOURCE APEX Analytix