Company Market Research Report: FlexTecs

Company Overview

• Name: FlexTecs

• Mission: To equip businesses to mitigate financial risk and reduce profit leakage with innovative recovery audit, contract compliance, and error prevention technologies.

• Founded: Founded in 2011 by the pioneers of the recovery auditing industry.

• Key People:

• Brad Roos, Co-Chief Executive Officer

• Tom Cook, Co-Chief Executive Officer

• Tony Massanelli, Chief Operating Officer

• William Moyland, Chief Financial Officer

• John Kidd, Chief Technology Officer

• Neal Cung, Chief Information Officer

• Ash Lidster, Director and Practice Lead, Contract Compliance

• Dan Duggan, SVP, Business Development

• Other key figures include SVPs of various operational and business development areas.

• Headquarters: 1201 Peachtree Street, Suite 1110, Atlanta, GA 30361

• Number of Employees: Over 400 professionals

• Revenue: No information is available

• Known For: FlexTecs is known for its margin assurance solutions, distinctive approach to recovery audits, and custom technology solutions through its platform FlexTrap and other proprietary tools.

Products

Recovery Audit Services

• Description: Offers recovery audit services for retail and non-retail, focusing on accelerating the audit process and driving operational efficiency.

• Key Features:

• Post Audit Recovery

• Retail Merchandise Audit

• Accounts Payable (AP) Audit

• Flexible service delivery options

FlexTrap | AP Assurance Platform

• Description: A platform designed to prevent payment errors and enhance cash flow by seamlessly integrating AI and ML algorithms.

• Key Features:

• Payment Accuracy Module for error prevention

• Statement Monitoring and Reconciliation Module for automating unclaimed credit recovery

• High efficiency compared to other tools

FTLabs + Custom Technology

• Description: Offers tailored technology solutions aimed at connecting disparate data streams for better operational insights and business decisions.

• Key Features:

• FlexEmail for automating and enhancing email communication processes

• FlexTools for enhancing data processing and recovery capabilities

• Custom technology development tailored to client needs

Recent Developments

• New Vice Presidents:

• Sismai Vazquez appointed as Vice President of Sales, North America.

• Dawn Corosa welcomed as Vice President of Product.

• Amy Andrade added as Senior Vice President of Retail Business Development.

• Dan White joined as Vice President of Business Development.

• New Products & Features:

• Introduction of complimentary Proof of Concept for FlexTrap.

• Enhanced visibility and operational improvement strategies through innovative modules of FlexTrap.

• Partnerships and Initiatives:

• Expansion of leadership team to support operational excellence.

• Launch of global client engagement strategies through newly appointed SVPs.

• Commitment to Community:

• Philanthropic contributions in support of education and development initiatives in Nepal and Thailand through the John M. Cook Opportunity Initiatives.

By maintaining a dynamic and proactive approach to recovery auditing, FlexTecs is continuously evolving, both its leadership and its product offerings, to better serve its growing client base and uphold its mission of reducing financial leakage and enhancing operational efficiencies.