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APEX Analytix, UK, Shared Services, Accounts Payable

APEX Analytix opens U.K. headquarters to serve shared service centers

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07 Feb 2006 | (News)
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APEX Analytix, the fastest growing provider of accounts payable software for error prevention and fraud detection, recovery audit services, and productivity and performance management solutions to the Fortune 500, today announced the opening of its U.K. headquarters. Located in the city of Milton Keynes, a thriving business center in the southeast of England, APEX Analytix’s newest location represents a targeted expansion into a key growth market. Keith Button, a seasoned finance executive with deep experience in the recovery audit industry, will lead APEX Analytix’s U.K. team as Managing Director.

APEX Analytix’s new headquarters will serve U.K.- and Ireland-based companies that have shared services centers throughout EMEA. “Over the past decade, Europe has seen significant growth of shared services driven by competitive pressures, globalization, speed of communication, and access to information,” said Ian Malcolm, founder of Score Research, a leading consultancy for benchmarking and performance management in finance and accounting. “Moreover, increased compliance demands witnessed during the last two to three years have reinforced both process standardization and the shared services model.”

“APEX Analytix is ready to capitalize on this trend as the only recovery audit company providing software that automates error and fraud prevention, as well as solutions focusing on the entire procure-to-pay business cycle,” added Managing Director Keith Button.

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