FLEXI SOFTWARE

Enterprise accounting software for insurance carriers, agencies, and financial institutions

Core Administration Established PE-Backed

Overview

Flexi Software is an enterprise financial management platform built for insurance carriers, agencies, banking institutions, and credit unions. The company has focused on accounting software tailored to regulated financial environments since 1992, serving the unique reporting and compliance demands of these industries rather than the broader commercial ERP market.

The core product, FlexiFinancials, delivers general ledger management, accounts payable and receivable, fixed assets, project accounting, and financial planning tools in a multi-entity, multi-book architecture. The platform supports statutory, GAAP, and IFRS reporting simultaneously, with specific NAIC reporting capabilities for insurance organizations. Integration connectors link the accounting layer to policy administration, claims, core banking, payroll, and billing systems.

Flexi serves approximately 2,000 insurance and healthcare companies, with customers including Pharmacists Mutual Insurance Company, Merchants Bonding Company, and Glacier Bancorp. In July 2025, the company received a strategic investment from Quality Standard, a New York-based private equity firm, marking a leadership transition with co-founder Stefan R. Bothe retiring and Jason Gilliland taking over as CEO.

Products & Services

FlexiFinancials

Enterprise accounting platform designed for multi-entity insurance organizations requiring simultaneous statutory, GAAP, and IFRS reporting. The system handles the full accounting cycle from general ledger through financial close, with insurance-specific features for NAIC compliance and regulatory reporting.

Key Features

Multi-entity, multi-book general ledger with support for statutory, GAAP, and IFRS
NAIC regulatory reporting with customizable chart of accounts
Accounts payable, accounts receivable, purchasing, and fixed assets modules
Financial planning and analysis (FP&A) with budgeting, forecasting, and analytics
Workflow automation across accounting processes and departments

Target Users: Insurance carriers, agencies, credit unions, and financial institutions

Integration Layer

API-based connectivity linking the FlexiFinancials platform to external systems used by insurance organizations, enabling a unified financial record across the operational technology stack.