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Protect the Negotiated Value in Your Supplier Contracts

Identify compliance gaps, recover supplier overpayments, and prevent future billing errors.

Learn How
Contract auditor reviewing inventory against supplier agreements in a warehouse as part of a contract compliance audit.

Ensuring the Full Value of Supplier
Contracts Is Delivered Is Difficult

Complex Commercial Terms and Conditions
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Two contract auditors reviewing complex supplier agreement terms on a tablet in a warehouse setting.
Complex Commercial Terms and Conditions
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Vague contract language, discounts, rebates, and pricing mechanisms are hard to match in ERP systems.

Decentralized Operations and Ownership
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Team analyzing supplier shipments in a warehouse to identify contract compliance issues tied to decentralized ownership.
Decentralized Operations and Ownership
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Negotiated items slip through the cracks when billing compliance responsibility is unclear.

Limited Visibility
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Finance team member reviewing supplier contract compliance data on a tablet.
Limited Visibility
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Validating contract agreements like pricing, labor rates, and freight costs is difficult when supplier invoice details are lacking.

FlexTecs Contract Compliance
Solutions Makes It Easy

Recover lost profits with a clear path to better contract provisions, more accurate supplier billing, and
future savings with our FlexTrap solution.

Female procurement employee reviewing warehouse inventory for gaps and potential supplier billing errors.

Contract Compliance Audit Program

Use AI-enabled supplier contract risk assessments to identify supplier contracts and spend patterns with the highest risk of profit loss.

  • Catch. Test risk categories to spot billing errors.

  • Correct. Find the root cause of billing errors to clarify expectations and contract language.
  • Prevent. Enhance controls with audit learnings to eliminate future billing errors.
See How

Continuous Compliance Monitoring

Find and correct billing errors prepayment with real-time invoice monitoring for high-risk suppliers.

Learn More
Female procurement employee reviewing real-time invoice data to monitor and identify high-risk supplier billing issues.

Be Confident That Hard-Negotiated
Agreements Are Upheld

Achieve superior financial outcomes with greater speed and accuracy
with our proven business model and technology. 

Contract compliance audit partner showcases impact of audit services to procurement client.
$1T
transactions audited annually
1-5% of Spend
common error rate for audited suppliers
100%
probability you’re overpaying suppliers
10x Future Savings
each recovery can yield up to 10x in future savings

“FlexTecs has a global presence yet is incredibly nimble, with the ability and resources to handle massive amounts of data. They empower people through data.”

Finance Leader
Multinational Retailer

Expertise Across Any Spend Category

Employee reviewing purchase data across procurement spend categories.
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Equipment and Supplies

Tools, Equipment, Consumables, Supplies, Machinery, Furniture

Facilities Management

Repair and Maintenance, Construction, Real Estate, HVAC, Janitorial, Environmental Services, Waste and Recycling

Information Technology

Services, Hardware, Software, Special Projects, Co-Location, Development, E-Commerce

Logistics and Transportation

Shipping and Freight, Warehousing, Automation, Equipment, Fleet Management, Materials, Packaging

Outsourced and Professional Services

Marketing, Sales, IT Management, Administration, Accounting and Payroll, Manufacturing, Advertising, Printing

How It Works

Step 1

Evaluate

Icon representing the evaluation phase of contract compliance audit.
Step 1
We evaluate your needs and goals to create a roadmap for your compliance program.
Step 2

Design

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Step 2
Our team of proven compliance experts designs a comprehensive audit program tailored to your objectives and supplier spend profile.
Step 3

Develop

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Step 3
A careful risk assessment is conducted to develop a proposed list of supplier candidates for audit.
Step 4

Audit

Icon representing the audit phase of contract compliance audit.
Step 4
Audits are conducted carefully to avoid disrupting critical supplier relationships. We provide insights and technology solutions to address the root cause and ensure future billing compliance after audit completion.

Resources to Perfect Contract Compliance

eBook
Reducing Risk With Contract Compliance Audits
Blog
5 Tips for Better Contracts
Blog
Preventing Financial Leakage With Effective Contract Compliance Audits

Are You Realizing the Full Value of Your Contracts?

Find Out