FlexTecs

Based in the US, FlexTecs provides technology-enabled recovery audit services and payment accuracy solutions, enhancing financial performance and minimizing payment errors for clients across various industries. Founded in 2011, FlexTecs is located in Atlanta, US, specializing in recovery audit services. The company was established with a focus on improving financial accuracy and was founded by a team of experts in financial technology. Their operational strategy has remained consistent since inception, focusing on providing advanced solutions to clients in the retail sector.

In January 2026, FlexTecs completed a funding deal, which was aimed at bolstering its business development efforts. FlexTecs specializes in technology-enabled recovery audit services and payment accuracy solutions designed to enhance financial performance and mitigate payment errors. Their core offerings include FlexTrap, a robust software solution that automates supplier statement reconciliation, identifies payment errors, fraud, and overpayments. The company targets industries seeking to improve audit activity and enforce contract compliance, aiming to protect the value of negotiated agreements.

Their clientele primarily comprises retailers and businesses that require immediate cash recoveries and insights into their financial operations. FlexTecs serves various geographical markets, focusing on regions with a substantial retail presence and a demand for advanced audit solutions, ensuring a broad reach in the competitive landscape. FlexTecs generates revenue primarily through its subscription-based model for its flagship product, FlexTrap, which provides ongoing payment accuracy services to clients. Transactions typically occur between FlexTecs and businesses, such as retailers, that require comprehensive recovery audit services and payment error prevention.

Clients engage with FlexTecs by subscribing to their services, which may involve tiered pricing structures based on the level of service required, ensuring scalability for different business sizes. The company’s revenue is further supplemented by partnerships with clients who leverage their solutions for increased operational efficiency and financial accuracy. Overall, FlexTecs is positioned as a vital partner in enhancing financial controls and optimizing audit activities for its client base. In January 2026, Cohere Capital invested in FlexTecs, with financial terms not disclosed.

This investment will allow FlexTecs to enhance its business development. The company is currently focused on refining its product offerings, including the development of new features for FlexTrap aimed at expanding its functionality. Additionally, FlexTecs plans to enter new markets in North America and Europe by the end of 2026, seeking to establish a presence in regions with growing demand for payment accuracy solutions.