Curing Accounts Payable headaches with five core modules
Xelix supercharges the essential audit and control processes within Accounts Payable. Our customers achieve major cost savings, safeguard against fraud risk and develop best-in-class teams by automating manual processes and focusing on the good stuff.
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Transactions
Detect transactional risks
Proactive, real-time monitoring of your payables to flag duplicates, posting errors, overpayment risks and suspicious activity before your pay run.
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Statements
Automate supplier statement reconciliations
An end-to-end workflow automating the tedious task of reconciling supplier statements.
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Vendors
Manage master vendor data
Daily monitoring of your master vendor file - alerting you to missing data, changes, and potential threats.
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NEW
Helpdesk
Intelligently resolve vendor queries
An intelligent ticketing tool that understands vendor emails, creates tickets and generates AI responses to relieve your team of major inbox-stress.
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Reports
Build Accounts Payable reports
Easy to use, self-serve analytics and customised reporting dashboards for all things Procure-to-Pay.
CH&CO drives down process costs by 90% with Xelix's Statements module
Due to the speed and coverage of Xelix's Statements module, the CH&CO team is now reconciling 9x the volume of statements than they were previously and paying 90% less to run this process. Becci Smith, AP & AR Controller at CH&CO shares a little around her experience working with the Xelix team.
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5x
ROI in year one
Through our free retrospective payment audit, ongoing overpayment prevention, optimisation of FTE resource and replacing recovery audits (and their fees), our customers enjoy upwards of 5x ROI in their first year.
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10x
faster processes
Using AI and automation, Xelix speeds up heavily manual, time-consuming and error-prone processes. Teams are no longer wasting time correcting mistakes or enduring spreadsheet misery. On average, Xelix is 10x faster than our customers' previous processes.
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Priceless...
happier teams
By automating the tasks Accounts Payable teams hate, Xelix enables teams to focus on higher-impact, more engaging tasks. Our customers see their investment in Xelix as an investment in their people.
A new approach to old Accounts Payable problems
Xelix uses the latest in AI to analyse invoices, statements, emails, and master vendor data - acting as a supercharged assistant to your finance team. Xelix learns your invoicing patterns, can read all statement formats, looks for suspicious activity and understands the context of your vendors emails. The system does the heavy lifting, so your team doesn’t have to. Because Xelix is trained on your historic data, the accuracy and sophistication work out of the box. Xelix is your team's essential co-pilot.
- 60+ ALGORITHMS
- 40+ MACHINE LEARNING MODELS
- 10,000+ SEPARATE DECISION TREES
- 400+ DATA POINTS PER INVOICE