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The Future of Supplier Payment Accuracy
Save time and reduce risk with AI-enabled error prevention and statement reconciliation software.
Challenges in Today's Accounts Payable Environment
Heavy Workload
- Invoices to pay
- statements to reconcile
- suppliers to manage
Operational Complexity
- Multiple systems
- Inefficient processes
- Supplier payment variance
Constant Transformation
- AP invoice automation
- System migration/ERP upgrades
- Outsourcing
Leads To
Financial Loss
- Duplicate payments
- Wrong vendor payments
- Unapplied statement credits
Wasted Time
- Inefficient manual reviews
- Correcting errors after payment
- Delays in recovering funds
Constant Transformation
- AP invoice automation
- System migration/ERP upgrades
- Outsourcing
We Understand the Pressure of Achieving 100% Payment Accuracy
FlexTrap combines powerful AI technology with decades of AP audit expertise to relieve the pressure and make you #FutureReady.
$1T+
in transactions reviewed each year
$700M
recovered or prevented annually
600
employees globally
ReImagine
What’s Possible
Stop worrying about supplier payment risks. Automate manual tasks and let your team focus on higher-value activities.
Payment Error Prevention
- Eliminate manual error detection methods
- Monitor incoming invoices for entry errors in real time
- Detect hard-to-catch duplicates before payment
- Prevent payments to the wrong vendors
- Gain insights to address the root cause
Statement Reconciliation
- Automate supplier statement workflow
- Capture statement data electronically
- Auto-match statement items to AP history
- Capture open invoices and credits faster
- Increase total supplier statements reconciled
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Getting Started With FlexTrap Is Easy
Prevent errors and achieve payment perfection in 30 days or less.
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Proof of Concept
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Uncover hidden errors and gain insights into historical transactions using FlexTrap to review your data.
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