This is not the case in general. Consider the $k$-algebra $A = k[t,t^{-1}]$ of Laurent polynomials. Then $A^e = k[t,t^{-1},s,s^{-1}]$ is the algebra of Laurent polynomials in two commuting variables. Let $N=k$ with the trivial action of $t$, $s$ and their inverses. In terms of group rings $ A = k[\mathbb{Z}]$ and $A^e = k[\mathbb{Z} \times \mathbb{Z}]$. On the other hand, since your action on $\text{Hom}_k(A,N)$ is only on $N$, we have
$$ \text{Hom}_k(A,N) \cong \prod_{\mathbb{Z}} k $$
as a $k$-module and the corresponding action on the right is again the trivial action of $t$, $s$ and their inverses. Of course $k$ acts by multiplication on each component. This $A^e$-module is not flat because
$$ \text{Tor}_1^{A^e}\left(k,\prod_{\mathbb{Z}} k\right) = \text{Tor}_1^{k[\mathbb{Z} \times \mathbb{Z}]}\left(k,\prod_{\mathbb{Z}} k\right) = H_1 \left(\mathbb{Z} \times \mathbb{Z};\prod_{\mathbb{Z}} k\right) $$
where the first $k$ in the Tor terms again has the trivial action of $t$, $s$ and their inverses, the last term is group homology, and therefore
$$ H_1 \left(\mathbb{Z} \times \mathbb{Z};\prod_{\mathbb{Z}} k\right) = H_1 \left( S^1 \times S^1;\prod_{\mathbb{Z}} k \right) \cong \prod_{\mathbb{Z}} k \times \prod_{\mathbb{Z}} k \neq 0 $$
If you are not familiar with group homology, this may seem a bit magical, but if you want a concrete computation to see that tensoring with this module does not preserve monomorphisms consider the short exact sequence of $A^e$-modules
$$ 0 \to \text{Ker} \to A^e \to k \to 0 $$
where the map $A^e \to k$ is the augmentation map, that is, it sends all the powers of $t$ and $s$ to $1$. Tensoring this with $\prod_{\mathbb{Z}} k$ over $A^e$ will not give you an exact sequence.