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Average Ratings 0 Ratings

Total
ease
features
design
support

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Write a Review

Description

FiniFi seamlessly integrates your cash cycles—Payables and Receivables—into a single, intelligent platform that enhances financial management. In the realm of Accounts Payable, the system streamlines vendor onboarding, employs AI for invoice processing, automates advance and debit note adjustments, conducts GSTR checks, and simplifies payment ticket automation, effectively minimizing revenue leakage by 2-3%. On the Accounts Receivable side, it automates customer onboarding, manages customer orders, and matches payments to invoices while generating credit notes for any deductions, thus eliminating the manual processes that typically lead to 5-8% leakage across teams. Furthermore, the procurement module facilitates user requests, RFQs, and vendor order creation, all within a unified automated framework, making it easier for businesses to manage their procurement needs efficiently.

Description

FlexTrap is a cloud-based platform that leverages artificial intelligence to enhance payment accuracy and automate accounts payable processes, enabling finance teams to avoid payment mistakes, identify inconsistencies, and streamline the reconciliation of supplier statements, thereby minimizing financial losses and boosting operational efficiency. The system employs over 300 validation checks and machine learning techniques to continuously scrutinize invoices and accounts payable transactions, proactively identifying potential issues like duplicate payments, incorrect vendor payments, and unclaimed credits, while providing real-time alerts and insights for immediate corrective measures by accounts payable professionals. Furthermore, it transforms the traditionally tedious and labor-intensive task of supplier statement reconciliation through AI-driven data capture and intelligent matching with accounts payable records, resulting in a rapid and scalable workflow that not only captures open credits but also enhances supplier engagement and management. This innovative approach significantly reduces the time and resources typically required for manual reconciliation, allowing finance teams to focus on strategic initiatives. Ultimately, FlexTrap empowers organizations to maintain tighter financial control and build better relationships with their suppliers.

API Access

Has API Yes 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

Epicor Kinetic Yes 
Infor CloudSuite ERP Yes 
LOGIC ERP Yes 
Microsoft Dynamics 365 Yes 
Odoo Yes 
Oracle Fusion Cloud ERP Yes 
RISE with SAP Yes 
Ramco ERP Yes 
SAP Business One Yes 
SAP HANA Yes 
SAP HANA Cloud Yes 
Tally Yes 
Vin WMS Yes 
Zoho Books Yes 

Integrations

Epicor Kinetic No 
Infor CloudSuite ERP No 
LOGIC ERP No 
Microsoft Dynamics 365 No 
Odoo No 
Oracle Fusion Cloud ERP No 
RISE with SAP No 
Ramco ERP No 
SAP Business One No 
SAP HANA No 
SAP HANA Cloud No 
Tally No 
Vin WMS No 
Zoho Books No 

Pricing Details

INR 15,000/Month
Modular plans for enterprises looking to automate P2P &O2C Cycles with base plan starting @ INR 15,000/Month
Free Trial No 
Free Version No 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App Yes 
Windows No 
Mac No 
Linux No 
Chromebook No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours Yes 
Live Rep (24/7) Yes 
Online Support Yes 

Customer Support

Business Hours No 
Live Rep (24/7) No 
Online Support Yes 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) Yes 
In Person Yes 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) Yes 
In Person No 

Vendor Details

Company Name

Finifi

Founded

2024

Country

India

Website

finifi.io

Vendor Details

Company Name

FlexTecs

Country

United States

Website

flextrap.flextecs.com

Product Features

Accounts Payable

Approval Process Control Yes 
Bank Reconciliation Yes 
Cash Management Yes 
Check Writing No 
Duplicate Payment Alert Yes 
Fraud Detection Yes 
General Ledger Entry Yes 
Vendor Management Yes 

Procure to Pay

Billing & Invoicing No 
Budgeting / Forecasting Yes 
Compliance Management Yes 
Contract Lifecycle Management Yes 
Financial Reporting Yes 
Integration Management No 
Inventory Management No 
Order Management Yes 
Vendor Management Yes 

Product Features

Alternatives

SnapAP Reviews

SnapAP

Snap Accounts Payable Corporation

Alternatives