Eliminate manual statement reconciliation
FlexTrap.AI automates statement reconciliation processes to identify missing invoices and credits.
FlexTrap makes supplier statement
reconciliation effortless
Use AI and advanced matching technology to request, receive, and process statements.
Automated supplier outreach
Automated supplier outreach
Send supplier and vendor statement requests in real time. Use reports to scale outreach and reduce efforts with greater visibility into supplier compliance.
AI-Enabled Data Capture
AI-Enabled Data Capture
Save time inputting data with a platform that recognizes statement formats over time. Ensure accurate data capture with a team experienced in handling exceptions.
Intelligent Statement Matching
Intelligent Statement Matching
Detect duplicate payments with smart matching technology. Know when a statement item is posted to the wrong vendor.
Seamless Invoice and Credit Report Delivery
Seamless Invoice and Credit Report Delivery
Ensure timely processing with automated workflows. Send copies of open credits and invoices to your team in real time.
Streamlined Supplier Communications
Streamlined Supplier Communications
Collect supplier reconciliation details in one place. Account for all statement items, such as payment status, due dates, missing items, etc.
Complete Visibility
Complete Visibility
See inside the black box. Access supplier communications, copies of statements, reconciliation details past and present, and an audit trail of all work performed on one dashboard.