Protect the Negotiated Value in Your Supplier Contracts
Identify compliance gaps, recover supplier overpayments, and prevent future billing errors.
Ensuring the Full Value of Supplier
Contracts Are Delivered Is Difficult
Complex Commercial Terms and Conditions
Complex Commercial Terms and Conditions
Vague contract language, discounts, rebates, and pricing mechanisms are hard to match in ERP systems.
Decentralized Operations and Ownership
Decentralized Operations and Ownership
Negotiated items slip through the cracks when billing compliance responsibility is unclear.
Limited Visibility
Limited Visibility
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.
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.
Continuous Compliance Monitoring
Find and correct billing errors pre-payment with real-time invoice monitoring for high-risk suppliers.
Be Confident That Hard-Negotiated
Agreements Are Upheld
Achieve superior financial outcomes with greater speed and accuracy
with our proven business model and technology.
Expertise Across Any Spend Category
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
Step 1
We evaluate your needs and goals to create a roadmap for your compliance program.
Step 2
Design
Step 2
Our team of proven compliance experts design a comprehensive audit program tailored to your objectives and supplier spend profile.
Step 3
Develop
Step 3
A careful risk assessment is conducted to develop a proposed list of supplier candidates for audit.
Step 4
Audit
