# FlexTecs

> FlexTecs combines enterprise recovery audits and contract compliance services with FlexTrap, its accounts payable software for preventing payment errors, reconciling supplier statements, and managing supplier email. Its approach moves reviews closer to transactions and uses audit findings to improve payment controls.

- **Founded:** 2011
- **Headquarters:** Atlanta, United States
- **Founders:** John Cook (Co-founder; previously founded PRGX Global), Tom Cook (Co-founder and CEO)
- **Products:** Retail Recovery Audit, Accounts Payable Recovery Audit, Contract Compliance, FlexTrap Payment Error Prevention, FlexTrap Statement Reconciliation
- **Notable:** January 2026 announcement reports over $1 trillion in annual transactions reviewed and over $1 billion in incorrect payments recovered or prevented., Company reported 25% revenue CAGR since 2020 and doubling the business in the preceding three years in January 2026., FlexTrap publishes a customer testimonial from Aspen Dental reporting over $675,000 in erroneous payments prevented in six months.

## Products & services

- **Retail Recovery Audit** — Reviews retail trading transactions for missed recoveries; supports accelerated and secondary audits.
- **Accounts Payable Recovery Audit** — Finds overpayments, missed credits, and unapplied cash; provides documented claims and root-cause findings.
- **Contract Compliance** — Tests supplier billing against negotiated agreements, with supplier risk assessment and continuous monitoring options.
- **FlexTrap Payment Error Prevention** — Checks invoice and vendor data across systems to flag duplicates, incorrect amounts, currencies, and other exceptions before payment.
- **FlexTrap Statement Reconciliation** — Automates supplier outreach, statement capture, matching, and exception workflows.
- **FlexTrap AP Inbox Assist** — Classifies supplier email and drafts responses using transaction context, with human oversight.

## Achievements

- January 2026 announcement reports over $1 trillion in annual transactions reviewed and over $1 billion in incorrect payments recovered or prevented.
- Company reported 25% revenue CAGR since 2020 and doubling the business in the preceding three years in January 2026.
- FlexTrap publishes a customer testimonial from Aspen Dental reporting over $675,000 in erroneous payments prevented in six months.
- Company-published education case study reports growth from 50 to 201 supplier statements monthly with the same one-person team.

## Latest updates

- **2026-01** — Announced strategic investment from Cohere Capital to support services and FlexTrap expansion.
- **2025-12** — Privacy policy updated on December 16 to address EU-U.S. Data Privacy Framework and UK Extension compliance.

## Links

- Website: https://flextecs.com/
- LinkedIn: https://www.linkedin.com/company/flextecs/
- Facebook: https://facebook.com/audittools

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Profile page: https://yespress.io/flextecs
Published by YesPress — https://yespress.io
Last updated: 2026-10-17