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Average Ratings 0 Ratings

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ease
features
design
support

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Write a Review

Description

FlexTrap is a cloud-based platform that leverages artificial intelligence to enhance payment accuracy and automate accounts payable processes, enabling finance teams to avoid payment mistakes, identify inconsistencies, and streamline the reconciliation of supplier statements, thereby minimizing financial losses and boosting operational efficiency. The system employs over 300 validation checks and machine learning techniques to continuously scrutinize invoices and accounts payable transactions, proactively identifying potential issues like duplicate payments, incorrect vendor payments, and unclaimed credits, while providing real-time alerts and insights for immediate corrective measures by accounts payable professionals. Furthermore, it transforms the traditionally tedious and labor-intensive task of supplier statement reconciliation through AI-driven data capture and intelligent matching with accounts payable records, resulting in a rapid and scalable workflow that not only captures open credits but also enhances supplier engagement and management. This innovative approach significantly reduces the time and resources typically required for manual reconciliation, allowing finance teams to focus on strategic initiatives. Ultimately, FlexTrap empowers organizations to maintain tighter financial control and build better relationships with their suppliers.

Description

In just a matter of hours, you can convert years' worth of financial documents, including statements, checks, deposit slips, and accounting transactions, into evidence suitable for court with ease. Valid8 stands out as the sole cloud-based Verified Financial Intelligence (VFI) platform, meticulously crafted by forensic accountants who utilize cutting-edge AI technology. This platform is specifically designed to enable teams to trace the movement of funds both swiftly and with precision, allowing for faster analysis and greater assurance. By simply uploading your bank statements, images of checks and deposit slips, accounting system extracts, and transaction lists to Valid8, you can obtain thoroughly verified financial evidence in a matter of hours. Discover how Valid8’s VFI platform greatly outpaces traditional OCR solutions that necessitate manual adjustments. With the integration of AI and machine learning, Valid8’s VFI platform effortlessly extracts transactions from any type of statement or system. Say goodbye to the headaches and hold-ups: upload your PDFs and receive organized, reconciled data within hours, transforming the way financial evidence is processed. This efficiency not only streamlines your workflow but also enhances the reliability of the financial insights you receive.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

No details available.

Integrations

No details available.

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours No 
Live Rep (24/7) No 
Online Support Yes 

Customer Support

Business Hours No 
Live Rep (24/7) No 
Online Support Yes 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) Yes 
In Person No 

Types of Training

Training Docs Yes 
Webinars Yes 
Live Training (Online) Yes 
In Person No 

Vendor Details

Company Name

FlexTecs

Country

United States

Website

flextrap.flextecs.com

Vendor Details

Company Name

Valid8

Website

www.valid8financial.com

Product Features

Product Features

Audit

Alerts / Notifications No 
Audit Planning No 
Compliance Management No 
Dashboard No 
Exceptions Management No 
Forms Management No 
Issue Management No 
Mobile Access No 
Multi-Year Planning No 
Risk Assessment No 
Workflow Management No 

Investigation Management

Contact Management No 
Data Management No 
Incident Management No 
Reporting & Statistics No 
Subject Profiles No 

Alternatives

Alternatives

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