About FlexTrap
Your AP Intelligence Platform — Built on Decades of Recovery Audit Experience.
FlexTrap is built by FlexTecs, a leading recovery audit firm with some of the largest enterprise organizations around the globe as clients. FlexTrap is an AP Intelligence Platform — built on FlexTecs' 30+ years of audit heritage and the deepest domain expertise in payment accuracy. We know exactly what payment errors look like because we've seen them all.
Through three integrated modules, FlexTrap prevents payment errors, automates statement reconciliation, and streamlines supplier communications — all in effort to ensure supplier payment accuracy.
30-day deployment. Flat fee — no contingency, no percentage of recoveries.
$1T+
In transactions reviewed
$1B+
Errors recovered & prevented
600+
Employees globally
Founder Story
From Recovery Audit Pioneer to Prevention Innovator
John Cook, along with a handful of partners, founded FlexTecs in 2011 after a decades-long career in the recovery audit industry. John previously founded a recovery audit firm in the '80s that grew to become the largest recovery audit firm in the industry and listed on the NASDAQ. FlexTecs was founded years later on the belief that there was a better way to protect company spend that could include error prevention — the conviction that deep understanding of payment errors in combination with purpose-built technology could transform how enterprises protect their AP spend.
The same conviction led to FlexTrap. Everything FlexTecs learned in recovery — the patterns, the red flags, the cross-system errors — we encoded into an AP Intelligence Platform that catches errors before payment, automates statement reconciliation, and streamlines supplier communications. As data flows through FlexTrap's three modules, the platform surfaces decision-ready intelligence — what happened, why it happened, and what to do next.
This isn't a tech company guessing at finance problems — it's a finance company deploying technology. Under experienced executive leadership, FlexTecs has built the deepest database of payment error patterns in the industry — spanning $1T+ in reviewed transactions and $1B+ in errors caught across its client base. That domain depth is the moat no competitor can replicate.
We didn't pivot away from recovery, We evolved to include prevention.
Social Mission
Technology and Opportunity - Connected
For over 30 years, John Cook provided scholarship opportunities for underprivileged children in Thailand and Nepal. After John Cook's death in 2018, the John M. Cook Opportunity Initiatives non-profit (known as JMC) was formed to carry on the scholarship activity of its namesake.
When FlexTecs was formed in 2011, Nepal was intentionally selected as the site for the shared service facility to provide much-needed job opportunities in Kathmandu. What started as a personal commitment has become integral to how FlexTecs operates.
Our journey
Three decades of audit heritage, four years of prevention
2011
FlexTecs Founded
John Cook and his son Tom Cook co-founded FlexTecs, bringing decades of recovery audit expertise — starting with PRGX Global (NASDAQ: PRGX), the recovery audit firm John founded. From day one, FlexTecs had the deepest database of payment error patterns in the industry.
2020
FlexTrap Conceived
After three decades of recovering errors after the fact, the team concluded the same thing every CFO eventually does: prevention beats recovery. Engineering began on AI trained on 30+ years of real error data.
2024
Payment Error Prevention Launched
FlexTrap shipped the first module of the AP Intelligence Platform: real-time duplicate detection, cross-ERP analysis, and vendor verification — preventing errors before payment.
2025
Statement Reconciliation + AP Inbox Assist
Two new modules ship. Statement Reconciliation automates supplier statement acquisition and matching across 100% of suppliers — 90% reduction in reconciliation time. AP Inbox Assist classifies supplier email and drafts replies using live ERP context.
2026
Cohere Capital Investment
Cohere Capital invested in FlexTecs to accelerate the AP Intelligence Platform roadmap — announced January 2026.
Our values
What we operate on
Intelligence over alerts
The best AP team isn't the one catching the most errors — it's the one seeing them coming. The intelligence layer turns AP data into the dashboards a CFO can run the function from.
Data over hypotheticals
Every claim is grounded in $1T+ of reviewed transactions. Our AI learns from real payment error patterns we've recovered in the field — not lab examples. We show our work.
Enterprise-grade trust
Read-only ERP integration — no middleware, no rip-and-replace. 30-day deployments across SAP, Oracle, NetSuite, D365, and 80+ other systems. EU-U.S. Data Privacy Framework certified.
Customer outcomes first
We measure success by client outcomes. Aspen Dental prevented $675K+ in six months. A $10B+ grocery retailer recovered or prevented $2M+ in a single year. That's the scoreboard.
Leadership
Led by the people who built the recovery audit playbook — now building the intelligence layer
FlexTecs is led by a team that has reviewed $1T+ in enterprise transactions, backed by Cohere Capital, and trusted by some of the largest enterprise finance organizations in the world.
Global presence
Three offices. One mission.
600+ employees globally, serving enterprise finance teams across retail, energy, manufacturing, healthcare, pharmaceutical, financial services, and education.
FAQ
Frequently asked questions
See 30 years of payment error patterns, surfaced as an intelligence layer
Book a 30-minute walkthrough. We'll show you the exception, vendor, and process signals your AP data already contains — using your industry's context. Read-only ERP access. 30-day deployment.
$1B+
Errors Recovered & Prevented
$1T+
Transactions Reviewed
600+
FlexTecs Employees