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You spoke and we listened. We asked Xelix customers what would be truly transformative for their overstretched Accounts Payable teams. And they said ‘automated supplier statement reconciliation’.
Read more - The age of AI: Automated statement reconciliation
Here at Xelix we never make a claim that we can’t prove. Our clients typically uncover six-figures in unknown overpayment losses when they ...
Read more - Surface unknown AP losses with Xelix's Free Recovery Audit
You don’t have to be a doctor to know that prevention is better than cure. From car maintenance, to vaccination and even wrinkle control, ...
Read more - Prevention is better than cure: why it’s time to replace your AP recovery audit
With an avalanche of invoices to pay, processes to keep on top of, and demanding workloads, measuring Accounts Payable metrics might be a ...
Read more - Top Accounts Payable KPIs to go after in 2024
If you’re an efficiency-obsessed AP manager, we think you deserve a raise. Because Accounts Payable process improvements deliver huge ...
Read more - Six reasons efficiency-obsessed AP staff deserve a raise: the real-world value of Accounts Payable process improvements
On 23rd March 2021, G2 named Xelix a high performer in the Spring Grid Report for Fraud Protection Software. Xelix achieved a high score ...
Read more - Xelix tops G2’s Spring Report for best fraud protection software solutions
On 23rd March 2021, G2 named Xelix one of three high performers in the Enterprise Grid Report for Procure to Pay Software. Xelix received ...
Read more - Xelix tops G2’s Spring Report for highest performing Procure to Pay software solutions
Outlining the Overpayment Story Last week saw the Southern District of New York release their judgement on one of the largest payment ...
Read more - Citibank’s $900 million dollar overpayment error
The Prompt Payment Code sets the standard in payment terms and is the driving force in bringing change in payment practices. In 2008, the ...
Read more - The Prompt Payment Code: 2021 updates
Your Master vendor file (MVF) exists in a constant state of change. Names, phone numbers, addresses, bank details and payment terms are not ...
Read more - 6 risks of working with a dirty Master Vendor File
Remote working has become the new normal for many P2P professionals, and it’s fair to say that working from home elicits mixed emotions. ...
Read more - What does Remote Working mean for Accounts Payable?
We spend a lot of time thinking about ‘Invoice Intelligence’. It’s a term we’ve thought up to describe the technology that sits right at ...
Read more - What is Invoice Intelligence?
Despite the marketing headlines, most – if not all – players in the duplicate invoice prevention market use rules-based tools to detect ...
Read more - Using AI to build world-leading duplicate invoice prevention software
For too long, Accounts Payable teams have relied on standard controls to spot risks and avoid costly payment errors. But these traditional ...
Read more - The problem with Accounts Payable – and how to fix it
To alleviate cash flow concerns for SMEs, the Australian government has passed a public Payment Times Reporting Scheme. Both businesses and ...
Read more - Everything you need to know about the Australian Payment Reporting Bill
There’s no doubt that Enterprise Resource Planning (ERP) software is invaluable to many businesses operating around the world today, and ...
Read more - Why your ERP system can no longer ride solo
Check out three of the hottest P2P trends we’ve spotted this year. 1) Adoption of AI P2P teams deal with masses of data which is usually ...
Read more - The hottest Procure-to-Pay trends of 2020
In 2019, UK Finance issued data that indicated 26% of large businesses have fallen victim to invoice fraud, despite 84% not fully ...
Read more - The Worst Invoice Fraud Cases in 2019/2020
The Prompt Payment Code sets the standard in payment terms and is the driving force in bringing change in payment practices. In 2008, the ...
Read more - Understanding the Prompt Payment Code