Reconcile 100% of statements, 10x faster
An end-to-end workflow automating the tedious task of reconciling supplier statements.
- Get valuable time back to move on to high-impact tasks
- Automate your supplier statement reminders and auto-reconcile them in minutes
- Catch missing credit notes
- Say goodbye to audit anxiety and cut audit time in half
Download your Statements brochure today
Reconciling statements in Xelix is a breeze
Completing vendor statement reconciliations at scale has always been a major challenge given the manual and time-consuming process. As a result, this task is often de-prioritised or only completed for the largest vendors. However, with Xelix you can fully automate this process and reconcile 100% of vendor statements in no time at all.
On average, our customers experience a 10x faster reconciliation process, a 25% drop in vendor queries and a much more efficient external audit process - usually completed in less than half the time.
Xelix delivers ROI on day one for Liberty Shared Services
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33x
more statements reconciled
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£18m
surfaced in missing credit notes
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£240k
msaved in duplicate payments in one month
"Xelix changed the way our AP team worked. Now, we process almost 33 times the volume of supplier statements.We’re more proactive with our supplier communications too.
Every month, we provide them with the information they need. It’s definitely reducing the number of queries we handle, which is great because this is really distracting for the team."
Chloe Wood, Director of Payment Operations