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Average Ratings 0 Ratings

Total
ease
features
design
support

No User Reviews. Be the first to provide a review:

Write a Review

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.

Description

RynohLive is an innovative, patented web application that has transformed the management of escrow accounts. By seamlessly integrating with agents' escrow accounting software and providing read-only access to their online banking, RynohLive stands out as the premier solution for escrow and financial security in the industry. Our platform offers continuous end-to-end auditing, daily reconciliation, transaction oversight, advanced anti-fraud algorithms, and automated reporting features. Utilizing RynohLive enables users to conduct daily account reconciliations, aligning with the American Land Title Association’s Best Practices Pillar #2. This solution is noteworthy for its capability to electronically verify reconciliations, an essential feature for adhering to Best Practices. The included Reconciliation Wizard further simplifies the process by identifying discrepancies and highlighting issues that hinder reconciliation, making it an indispensable tool for escrow account management. In addition, RynohLive ensures that agents can maintain the highest level of financial integrity with minimal effort.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

Easysoft Legal Software No 

Integrations

Easysoft Legal Software Yes 

Pricing Details

No price information available.
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 No 
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 No 
Live Rep (24/7) No 
Online Support Yes 

Customer Support

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

Types of Training

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

Types of Training

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

Vendor Details

Company Name

FlexTecs

Country

United States

Website

flextrap.flextecs.com

Vendor Details

Company Name

Rynoh

Founded

2007

Country

United States

Website

rynoh.com/how-it-works/

Product Features

Product Features

Accounting

Accounts Payable No 
Accounts Receivable No 
Bank Reconciliation Yes 
Billing & Invoicing No 
CPA Firms No 
Cash Management No 
Cryptocurrency Support No 
Expense Tracking No 
Fixed Asset Management No 
Fund Accounting No 
General Ledger No 
Government No 
Multi-Currency No 
Nonprofits Yes 
Payroll Management No 
Project Accounting No 
Purchase Orders Yes 
Tax Management No 

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