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Xelix

by Xelix · Since 2018
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ActiveAvailable globallyCloud
Quick facts
VendorXelix
Year launched2018
StatusActive
LocationSenna Building, Gorsuch Pl, London, E2 8JF
Countries servedGlobal
Languages1
Integrations11+
Free tierN/A
Free trialN/A
Contact salesYES

About Xelix

Xelix is an AI-powered accounts payable software from Xelix that bolts onto the ERP and Accounts Payable systems to improve controls, drive cost savings, and automate manual tasks. It includes custom AP reports, integration and setup, and a comprehensive platform overview so organizations can maintain a high level of efficiency in their financial processes. Xelix serves as a control center for accounts payable, providing insights and automation capabilities that support informed decision-making. The software is designed to help businesses effectively manage their accounts payable functions while minimizing risks and errors. Key capabilities: integration with existing ERP systems custom reporting automated workflows real-time insights risk management features Best for: finance teams that need to improve their accounts payable processes.

Xelix is an advanced AI-powered accounts payable (AP) automation platform designed to help enterprises streamline financial operations, strengthen internal controls, and reduce the risk of payment errors. The platform overlays existing ERP and P2P systems, providing intelligent transaction auditing that identifies duplicates, overpayments, posting errors, and other anomalies that can result in financial loss. It also offers supplier statement reconciliation, vendor master-data cleansing, and AI-driven query management, allowing finance teams to proactively manage vendor relationships and respond quickly to discrepancies. Users have reported significant benefits, including faster audits of historic transactions, recovery of substantial overpayments, reduced manual workloads, and improved accuracy and compliance in payables processes. Xelix is particularly well-suited for large organizations with high invoice volumes and complex AP workflows, providing enterprise-grade security with ISO 27001 and SOC2 compliance and supporting global operations. Implementation is designed to be relatively rapid, with many clients reportedly going live within four to six weeks, though success depends on clean data, well-aligned internal processes, and active change management.

Pros & Cons

Pros
  • Specialist tool built for high-value AP process automation, with strength in duplicate and overpayment detection.
  • Strong ROI potential: identifies and prevents significant overpayments and recoveries.
  • Rapid deployment: designed to integrate with existing systems with minimal IT overhead.
  • AI/ML-driven approach reduces manual effort and escalates exceptions intelligently.
  • Vendor query automation reduces burden on AP teams and improves vendor satisfaction.
Cons
  • Focused on AP/finance automation—organizations with simpler AP needs may find it more than required or costly.
  • Implementation requires data integration, historic invoice loading, and change-management of AP teams.
  • Operating in geographies or regulatory regimes not covered in standard deployment may require additional checks.
  • Value depends on data quality and extent of workflow adoption by teams.

Features

Key features

AI-powered Transactions Module

Monitors AP transactions in real time to flag duplicates, posting errors, overpayments, and suspicious activity before pay runs.

Supplier Statement Reconciliation

Automates and scales the process of reconciling supplier statements and identifying discrepancies.

Vendor Master Data Optimisation

Cleanses, secures, and optimises vendor records to improve AP efficiency and reduce risk.

Vendor Query Help-desk

Uses AI to manage vendor queries, automate email responses, ticket creation, and SLA tracking.

Reporting & Analytics Module

Provides self-service dashboards and reports for Procure-to-Pay (P2P) performance, overpayments, vendor behaviour, and cost savings.

Additional features

Access Controls / Permissions

Role-based access for finance teams, with audit trail and governance over AP workflows.

Workflow & Task Management

Manages exceptions, investigations, query resolution, and AP process tasks.

Data Integration & Management

Integrates with existing ERPs/AP systems, ingests invoice data, vendor files, and email/tracking information.

Reporting & Analytics

Real-time dashboards, KPIs, root-cause analytics, and historical overpayment audits.

Supplier/Client Portal & Communications

Vendor help-desk interface, query tracking, multilingual support, and centralized vendor communication.

Pricing

Free trial
Free version
Request a quote
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Countries & Languages

Global
Countries served
1
Interface languages
10
Billing currencies

Interface languages

English

Billing currencies

🇺🇸USD🇪🇺EUR🇬🇧GBP🇦🇺AUD🇨🇦CAD🇯🇵JPY🇨🇳CNY🇮🇳INR🇷🇺RUB🇲🇽MXN

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