GREENSBORO, N.C. (PRWEB) December 11, 2017
APEX Analytix, the industry leader in technology and services to support the global financial supply chain, today announced that independent auditors have confirmed the company’s continued compliance with international SSAE 16 SOC standards governing the security of customer data.
The SOC audits were conducted by one of the nation’s leading audit firms in accordance with standards established by the American Institute of Certified Public Accountants.
APEX Analytix software was found in compliance with SOC 1 Type II and SOC 2 Type II controls.
The APEX Portal supplier portal software is a 100% touchless solution for supplier onboarding and vetting, global regulatory compliance, and continuous monitoring and management of vendor master data. The same platform powers 24/7 supplier tracking of invoices and payments, e-invoicing, dynamic discounting, supply chain financing, supplier risk management and supplier statement audits.
APEX Analytix FirstStrike controls and analytics software is used by businesses worldwide to protect against overpayments and fraud, establish global controls, analyze large data sets and predict outcomes. FirstStrike is also used by APEX Analytix auditors to deliver a wide range of industry-leading recovery audit services.
“In 2016, APEX Analytix software solutions became the first of their type to achieve both SOC 1 and SOC 2 compliance, and we are proud to build on that commitment today,” says Walt Kristick, CIO of APEX Analytix. “We continue to invest in and maintain stringent security controls that govern everything we do – from how we run our operating environment to how we develop and deploy our industry-leading software.”
About APEX Analytix
APEX Analytix is the world’s leading provider of supplier portals; software-based controls, audit and analytics; and recovery audit services. We help companies on six continents hyper-optimize procure-to-pay and safeguard more than $4.6 trillion in disbursements annually. Our supplier portal is the fastest growing in history, with over 3M suppliers in three years. And our proprietary SmartVM database continuously perfects scored supplier records with contacts for 20M+ suppliers to the Global 2000. For more information, visit http://www.apexanalytix.com or call 800-284-4522.