APEX Analytix.

• Position: FRAUD DETECTION - Brief article

APEX Analytix, a leading provider of audit recovery services and software for performance management, error prevention and fraud detection in the procure-to-pay cycle, has released enhanced versions of its Vendor Risk Analysis services and FirstStrike[TM] Fraud Detect software.

To help companies stem their losses, Greensboro, N.C.-based APEX Analytix offers enhanced Vendor Risk Analysis services that combine a manual evaluation by trained fraud prevention forensic analysts with the use of sophisticated software to flag high-risk transactions and vendors. Once potential problems are detected, auditors review documentation, public and proprietary databases and other resources to identify both fraudulent vendors and employees who sidestep internal controls.

APEX Analytix has also introduced an enhanced version of FirstStrike Fraud Detect, a comprehensive software solution that provides the continuous monitoring companies need to fight fraud in the accounts payable disbursement process. APEX has partnered with ATTUS Technologies, a leader in regulatory compliance, to incorporate the...