Apex Analytix is an audit recovery firm located in Greensboro, North Carolina. ^[1]

In 1988 Apex Analytix was founded as JBA Consulting ^[2] in Greensboro, North Carolina ^[3] by James Arnold. ^[4] Apex works with clients to identify any overpayments to vendors, including fraudulent transactions. ^[1] The company provides audit recovery services, spend analysis software, spend compliance analytics tools, industry focused analytics, ^[5] and services to help with Sarbanes-Oxley compliance. ^[3] The company’s clients include large private enterprises, public companies, and government agencies such as the US Department of Labor. ^[6] By 2004, Apex’s client list included 40% of the US’s fifty largest corporations. ^[7] The CEO of the company is Steve Yurko. ^[8]

In 2004, Apex first produced its payment error software.

^[9] It also previously provided real estate lease audit services.

^[10] The main software that Apex provides is the FirstStrike Supplier Portal, ^[11] which monitors “pricing trends and changes, missed discounts and price-related payments for goods purchased”. ^[12] It checks incoming invoices from a company's supply chain against purchasing-contract discounts to measure the price paid against the real market price. ^[13] The 2014 version of the software was available in thirteen languages, about 5,000 configurable rules, and bi-directional integration with a client’s SAP database. Apex also publishes the FirstStrike Fraud Detect software. ^[11] The software is sold on an annual subscription basis. ^[14]

In 2003, Apex raised $7 million from Noro-Moseley Partners and the Wakefield Group.

^[15] In May 2009, the Apex was acquired by Pittsburgh-based PNC Equity Partners, upon which PNC stated Apex’s revenues were about $50 million per year.

^{[1] [16]} Incline Equity Partners, an offshoot of PNC, then completed a dividend recapitalization of Apex in 2012. ^[17] Incline then sold its shares in 2014 ^[18] to Carousel Capital. ^[18]