Maximizing ROI: How apexanalytix Delivered a 168% Return on Investment

Drive Cost Savings, Boost Efficiency, and Increase ROI for Your Business.

 

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Real-World Results: Transforming Supplier Management Across Industries

apexanalytix commissioned Forrester Consulting to conduct a Total Economic Impact™ (TEI) study to examine the return on investment (ROI) and financial benefits enterprises may realize by deploying apexanalytix’s supplier management solutions.  

By providing greater visibility into vendor transactions and automating critical processes, apexanalytix empowered these organizations to optimize their supplier relationships and mitigate financial risks. Forrester synthesized these findings to develop a composite organization for their analysis. 
 

Impact Delivered: Streamlined processes, enhanced fraud detection, and significant financial savings, culminating in a 168% ROI and a net present value (NPV) of $2.19 million. 

Key Findings from the Forrester TEI Study 

  • 168% ROI
  • Net Present Value (NPV) of $2.9M
  • Payback Period: Under 6 Months

Organizations that have implemented apexanalytix’s solutions have seen substantial benefits.

Key takeaways include: 

01 Duplicate Payments

Recovered Duplicate Payments and Refunds

apexanalytix’s platform allowed customers to recover 70% of previously missed duplicate payments, enhancing financial visibility and control. Benefit: $2.1M in savings.

02 Discover Suppliers

Faster Vendor Discovery, Onboarding, and Banking Validation

Automated and streamlined the vendor discovery and onboarding process, cutting manual effort and saving up to 60% of time spent on these tasks. Benefit: $637,600 in savings over 3 years.

03 Automation

Improved Productivity with Ongoing Vendor Management

apexanalytix’s automation of vendor management tasks saved time and reduced administrative overhead, allowing customers to focus on more strategic tasks. Benefit: $703,000 in savings over 3 years.

04 Regulatory

Reduced Effort in Legal and Compliance Activities

With streamlined compliance management, teams can resolved vendor issues in under two days, improving efficiency across departments. Benefit: $60,000 in savings over 3 years.

The apexanalytix Advantage

apexanalytix offers a customizable, robust supplier management platform that empowers businesses to gain deeper visibility into their supplier transactions, reduce fraud, and recover lost payments. By automating time-consuming tasks and providing real-time data, our solutions allow your team to operate more efficiently and prevent future financial issues. 

"One of the things that made us choose apexanalytix is that it gave us the flexibility to build the workflows and the approval path that was based on our policies." 

- Global Process Owner, Manufacturing 
DETAILS

Ready to See the Impact on Your Business? 

Download the full Forrester TEI study and see how apexanalytix can help you reduce costs, improve efficiency, and increase ROI. 

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A commissioned study conducted by Forrester Consulting on behalf of apexanalytix, January, 2025.