CONTRACT COMPLIANCE AUDITS
Identify gaps and recover leakage across various contract pricing structures.
From overpayments to under-deductions and missed savings, our contract compliance audit expertise spans two decades, helping you identify and eliminate gaps, mitigate risk, and recover revenue leakage.
Reduce financial risk, set a tone of transparency with suppliers, and protect your vendor relationships with a Contract Compliance audit from FlexTecs.
Expense Audits
Royalty + Licensing Audits
Companies turn to FlexTecs when they need more from their recovery auditing partner…
Speed to Claim
When speed to claim production takes too long and money is not being cycled back into the business.
Maximize Recoveries
When they see the same recoveries made by their current firm year after year and want to enlist a secondary recovery auditing partner in order to maximize recoveries made.
Accelerated Recoveries
When their current recovery auditing partner is reviewing transactions one or even two years behind the transaction and is struggling to make recoveries as a result.
Staff Augmentation
When they want to bring their recovery audit function in-house and don’t yet have the internal team or processes to support it.
Dedicated Partner
When they want a partner who will actually help them drive towards true error prevention and better business outcomes.
How we help you identify and eliminate gaps, mitigate risk, and recover revenue leakage:
Maximize cash flow. Mitigate risk.
Even the most vigilant contract management process can’t catch all non-compliance, risking lost value that you’ve worked so diligently to negotiate. With a contract compliance audit from FlexTecs, you can rest assured knowing that you’re maximizing cash flow, minimizing operational errors internally and externally, securing future saving opportunities, and laying a foundation for stronger supplier relationships.
Contract Compliance Audits represent a low-risk, low-effort route for clients to protect against:
Overpayments
Under-Deductions
Missed Discounts and more…
Continuously optimizing processes while reducing errors.
Our audit insights help your business strengthen contract language, verify third-party data, and continuously assess and improve your internal controls. This ensures greater data integrity while illuminating the path to more effective communications, more accurate cost calculations, and future savings.
Protect your supplier relationships.
At the end of the day, it’s about more than just creating a culture of compliance... it’s about clarity and transparency — which makes for stronger, more productive supplier relationships. Through intelligent audit planning, audit acceleration, and clear communication, our experienced auditors minimize disruption for our clients and their suppliers.
Catch errors before they happen with customized, flexible technology:
Immediately eliminate the issue and not allow the claim to occur in the first place
When a mistake has happened, we catch the error within payment terms (i.e. net 30)
Client Testimonial
“FlexTecs has incredible technology.”
“FlexTecs has incredible recovery audit technology and tools. Their 24/7 global production schedule accelerated ALL our audits and grew our recoveries by 71%.”
Martin Grove | The Very Group
Every day, we’re creating, iterating, and disrupting the recovery audit industry to better serve your business.
01. Catch
Catch yesterday and today’s errors.
Identify and understand the root cause behind payment errors.
Our team helps align your suppliers and ensure compliance with agreements regarding product pricing and promotions.
02. Correct.
Correct those errors + bring your recovery audit function up-to-date.
Accelerate your recovery audit function to real-time and recover more of what you miss.
Our tools are custom-fit to your unique environment and help you make sense of your transactional data, bridge operational gaps and streamline the claim production process.
03. Prevent.
Prevent tomorrow’s errors with custom tech.
We build custom technology solutions that streamline processes through automation and stop errors before they happen, all while working alongside your internal team to continuously tune our approach to meet the unique needs of your business.
Our Promise
Secure
Security is paramount to us. We’re constantly investing in the security of our systems.
Team of Experts
Get access to a dedicated team of senior-level auditors who apply their decades of experience to elevate your financial processes.
Contextual Approach
Sometimes, we have to operate in the grey area — FlexTecs has extensive experience protecting relationships while negotiating with suppliers.
High Catch Rates
We perform regular self-audits to ensure we’re maximizing efficiency and effectiveness.
Meet Time-Bar Requirements
Our in-house IT development capabilities and global delivery model ensure that you make claims within time-bar clause requirements.
High-Quality Assurance
We protect your existing vendors by producing highly accurate claims.
eBook
Reducing Risk with
Contract Compliance Audits
Learn how Contract Compliance Audits can strengthen your financial operations.