Empowering Accounts Payable Perfection

FlexTrap runs alongside your ERP to catch errors it doesn’t prevent. Most ERPs have some level of duplicate prevention, but they are designed to allow your teams to push through large volumes of invoices. As a result, ERPs miss cases like wrong vendor payments or more complex duplicates resulting from different invoice data or data entry errors.

Absolutely. Our team can set up a proof of concept (POC) using historical data (at least 6 months' worth) to show you the types of errors that may be slipping through and getting paid. Most companies recover lost funds before starting with FlexTrap by attending the POC review sessions.

Beyond duplicate payments and wrong vendor payments, our software identifies inconsistencies based on vendor payment history, such as unusual amounts, wrong currencies, payments to stale vendors, potential fraudulent payments, etc. FlexTrap can also be configured to check for customer-specific and vendor rules to ensure invoices are entered with all the proper fields completed.

The easiest way to get started is with a proof of concept (POC), which can be done without any IT support time. If you then decide to move forward, we’ll work directly with your technical teams to provide guidance for setting up data extraction. Implementation can be done in as little as 30 days, depending on complexity.

Technical support required from your team is minimal. We provide scripts and support for data extraction for major ERPs and will work with different formats and delivery scenarios to ensure the process is easy for you. Your technical team will need to set up an initial data transfer and schedule automatic transfers for new and updated invoices. Once in place, your technical team is finished with their effort.

We advise companies working toward a major AP transformation to implement FlexTrap ahead of the transformation. The reason is simple. AP transformation creates unknown risks when controls, processes, people, and systems change. These changes create control gaps that can take months or years to notice and correct. FlexTrap uses best-in-class recovery audit technology to provide consistent checks on your invoice data regardless of your transformation specifications. Whether you are merging with another company, outsourcing your AP department, or migrating to a new ERP, FlexTrap reduces the risk and keeps you focused.

FlexTrap is ERP agnostic and works with any ERP or AP data set.