FlexTrapFlexTecs
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ReconXpertSydel Corporation
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Related Products
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About
FlexTrap is a cloud-based, AI-powered payment accuracy and accounts payable automation platform that helps finance teams prevent payment errors, detect discrepancies, and automate supplier statement reconciliation to reduce financial leakage, improve operational efficiency, and safeguard margins. It continuously analyzes invoices and AP transactions with 300+ validation checks and machine learning algorithms to flag potential issues such as duplicate payments, wrong vendor payments, unclaimed credits, and other error types before they occur, sending real-time alerts and insights that help AP professionals take immediate action. It also automates supplier statement reconciliation workflows, using AI-enabled data capture and smart matching against AP records to turn a traditionally manual, resource-intensive process into a fast, scalable workflow that captures open credits and optimizes supplier coverage.
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About
Although ReconXpert was originally created to reconcile the Federal Reserve accounting information to the financial institution’s general ledger, the application has evolved to eliminate all time-consuming manual reconciliation processes while ensuring that accurate and timely information is available to the financial institution’s management in order to make crucial business decisions on a daily basis. ReconXpert contains two distinct modules that work together to create an advanced reconciliation tool that has unparalleled soft-coded matching rules for rapid set-up and reconciling. The Operations Module is a Web-based application that allows your organization to perform multiple reconciliations based on the business rules defined in the Administration Module. The results are displayed and the users have the ability to review automatic matches, create manual matches and manual journal entries, track open items and investigate items.
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Platforms Supported
Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook
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Platforms Supported
Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook
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Audience
Accounts payable and finance teams in medium to large enterprises that need AI-assisted payment error prevention and automated supplier reconciliation to protect revenue and streamline financial operations
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Audience
Companies looking for a powerful Reconciliation solution
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Support
Phone Support
24/7 Live Support
Online
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Support
Phone Support
24/7 Live Support
Online
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API
Offers API
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API
Offers API
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Pricing
No information available.
Free Version
Free Trial
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Pricing
No information available.
Free Version
Free Trial
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Reviews/
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Reviews/
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Training
Documentation
Webinars
Live Online
In Person
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Training
Documentation
Webinars
Live Online
In Person
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Company InformationFlexTecs
United States
flextrap.flextecs.com
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Company InformationSydel Corporation
Founded: 1998
United States
www.sydelcorp.com
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Integrations
No info available.
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Integrations
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