Flextract Updates 60+ Fields in PreciseFP from Documents
New integration turns files into clean data for PreciseFP, no rekeying required.
Holmdel, NEW JERSEY, September 2nd, 2025 – Flextract, an AI-powered platform for managing financial documents and data, has launched an integration with PreciseFP, the award-winning client engagement and data-gathering software from Docupace. This partnership helps advisors turn uploaded client documents into structured data and push updates directly into PreciseFP, all with full control.
The Flextract integration analyzes documents like tax forms, pay stubs, insurance statements and investment statements. Based on document content, it suggests updates to client profiles in PreciseFP. Advisors can then approve which values to sync and push them directly into the appropriate fields, preserving clean records across their CRM and planning platforms.
“This solves a huge pain point,” said Richard Thoeny, EVP Product Strategy at PreciseFP. “Whether it’s extracting values from a 1040 or updating insurance coverage from a policy document, Flextract gives firms a smarter way to update PreciseFP, without starting from scratch.”
“We’re thrilled to integrate Flextract with PreciseFP’s industry-leading client engagement platform,” said Rajesh Jayaraman, Founder and CEO of Flextract. “Through PreciseFP’s robust integrations, advisors can now keep their entire wealthtech stack current with data extracted by Flextract.”
How it works:
- Flextract extracts structured data from uploaded documents
- Detects existing clients in PreciseFP
- Suggests field-level updates (e.g. address, employer, account values)
- Highlights source documents for each suggestion
- Only approved values are synced
The integration supports more than 60 fields today, including:
- Personal and contact details
- Employment and salary data
- Investment accounts and contributions
- Insurance policies and beneficiaries
- Liabilities and debt management
Flextract offers full visibility into data source and document origin such as pay stubs, W-2s and warranty deeds. Advisors remain in control of what syncs and can use this automation to supplement data gathering processes, reduce time spent on manual entry and improve accuracy.
To learn more about the integration, join Flextract and PreciseFP for a webinar on Thursday, September 18, 2025, at 1:00 PM CDT: https://attendee.gotowebinar.com/register/6675309264348791903?source=marketing
For more information about Flextract and the PreciseFP integration, visit https://www.flextract.io or https://precisefp.com/partners/flextract.
About Flextract
Flextract helps financial firms automate the maintenance of client records and reduce data discrepancies across systems. With smart field-matching and selective updates, Flextract empowers advisors and operations teams to maintain complete and accurate profiles in their CRMs, financial planning tools and data hubs.
To learn more or request a demo, visit www.flextract.com.
About Docupace
PreciseFP was acquired by Docupace in September 2021 to advance the company’s mission of delivering an end-to-end wealthtech ecosystem for advisors to engage clients and prospects. Docupace is a software solutions provider focused on digitizing and automating operations in the financial advice and investment industry. Financial services firms use the company’s platforms (Docupace, Hubly and PreciseFP) to reduce back-office expenses, improve efficiency, strengthen recruiting and enhance the experience of advisors and investors.
For more information, visit www.docupace.com.
Flextract Media Contact
Rajesh Jayaraman
Founder & CEO
rajesh@flextract.com
PreciseFP Media Contact
Ryan George
Chief Marketing Officer
ryan_george@docupace.com
