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APEX Analytix Releases Newest Versions of FirstStrike Software

APEX Analytix has announced the release of the newest versions of the company's flagship software, FirstStrike. FirstStrike 6.3 and FirstStrike Retail 6.2 feature significant enhancements for the automated detection and recovery of overpayments and fraud for global shared services organizations.

FirstStrike 6.3 boasts robust international capabilities and pricing enhancements allowing users to quickly analyze multi-sourced products, products purchased in multiple currencies and products purchased in multiple units of measure. The software offers an enhanced Vendor Risk Analysis module providing detailed matching analysis for vendor listings against prison addresses, organizations prohibited by the Office of Foreign Assets Control and company employees.

FirstStrike Retail 6.2 features an intuitive, browser-based user interface which provides auditors, managers and executives enhanced access to application modules and actionable data. This latest interface further increases user work space and improves visibility of detailed reports, data and graphics. As part of the FirstStrike Continuous Monitoring System, the FirstStrike Retail 6.2 framework provides added support for implementing customized alerts to provide users with critical system information, including warnings and errors.

FirstStrike captures and analyzes contracts and deals in order to validate transactional compliance and to detect and prevent overpayments, noncompliance and fraud. The newest version of FirstStrike Retail enables users to manually enter and track modified deals in the contract repository. FirstStrike Retail 6.2 users are able to schedule the execution of overpayment exception routines based on the timing of audit cycles. These functions provide greater flexibility, time savings and efficiency for users performing real-time audits.



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