Xelix

Xelix adds AI to accounts payable by bolting onto a company's ERP to capture invoices, catch duplicate payments and fraud, reconcile supplier statements and answer vendor queries. It is used by large finance teams that want fewer errors and less manual AP work.

Capture extracts and validates invoices in any layout to raise straight-through processing rates. Transactions checks each pay run for duplicates, overpayments and suspicious invoices, while Statements reconciles supplier statements automatically to find missing credits.

Helpdesk handles vendor emails with automated replies, SLA tracking and workflows, and custom reports show where money leaks. Implementation is designed to sit on top of existing ERPs with little IT effort, and the London-based company raised a $160M Series B.