Retail Recovery Audit. Made better.
FlexTecs provides retail recovery audit services and proven new ways to help retailers
accelerate cashflow, strengthen internal audit processes, and reduce financial leakage.
Recovery Audit Services - Internal Audit Enablement - Error Prevention
We deliver a fundamentally different retail recovery audit experience. Prevent the
preventable, accelerate the rest. And do it all at a lower cost.
Catch - Correct - Prevent
Recovery auditing is a retail industry best practice…
For decades, retailers have looked to recovery audit providers for help recovering the financial leakage that all retailers inevitably face due to the volume and complexity within their environment.
But the traditional recovery audit business model needs fixing.
The problem is that retailers’ needs have evolved, but the recovery audit industry has
not…
…so, retailers
continue to
experience:
-
Delayed recoveries, collected 1-3 years after the fact, causing a negative impact on retailers’ cashflow
-
Errors that persist year after year, without improvement
-
Supplier aggravation and margin erosion, leading to disruption in current year funding negotiations
We built FlexTecs a little differently.
FlexTecs was founded with a vision to move beyond the traditional recovery audit business model and serve clients better.
Recovery Audit Services
Catch more with a
FlexTecs full-scope
merchandise audit, while
accelerating your overall
recovery audit program.
Internal Audit Enablement
Maximize internal
recoveries before releasing
to external teams by
leveraging FlexTecs tools
and on-demand staff
augmentation.
Error Prevention
Proactively prevent errors
prior to payment with
flexible technology
solutions that realign
your organization.
How We Help
Every day, we're creating, iterating, and disrupting the recovery audit industry to better serve the needs of retailers.
01.
We don't just talk about prevention, we make prevention a reality.
Because true prevention goes beyond identification. It's all about prevention - striving to eliminate claim categories any and every way we can.
02.
We don't just correct payment errors, we protect against margin erosion.
Every engagement includes a continuous capture roadmap that drives real process improvement.
03.
We don't just reach budget for recoveries, we maximize time value of money (TVM).
Our 24/7 global delivery model means faster recoveries and more money returned to your bottom line, sooner.
We understand how frustrating it must be to see the same recoveries year afteryear, with little to no improvement.
You want to align with an audit partner that truly helps you improve internal processes and prevent errors, but the thought of changing your current program is daunting ….
“In the past, we had two of the largest recovery audit firms as our providers, but they fell short of our expectations... so we switched to FlexTecs, and it’s been a night-and-day difference. They truly exceed all other auditors.”
Senior Finance Manager at a GlobalRetailer
With FlexTecs, you get a deeply knowledgeable retail audit team, experienced and
skilled in seamlessly onboarding new retail clients quickly and efficiently.
$1T+
$500M+
500+
20% CAGR
In Transactions
Reviewed Each Year
In Payment Errors
Prevented or Recovered Annually
Employees Globally, Serving Many of The Worlds Largest Enterprises
Growth Rate over
the Past 5 Years
Getting Started: How FlexTecs engages with Clients
It's time to rethink your retail recovery audit. FlexTecs can help.
Step One Workshop
Contact FlexTecs to schedule a collaborative session with your
key stakeholders to discuss your needs and determine which
service and/or solution will help you meet your objectives.
Step Two Implementation Plan
Co-develop a comprehensive transformation workplan with a
migration timeline and detailed onboarding steps to mitigate any
costs associated with switching audit providers.
Step Three Catch. Correct. Prevent.
Parter with FlexTecs to start accelerating cash and improving
processes, so you can protect retail margin, maximize
profitability, and improve your overall P2P experience.
Every day, we’re creating, iterating, and disrupting the recovery audit industry to better
serve your business.