[company_age]6.0[/company_age][employees]51-200 employees[/employees][funding]Series A[/funding][description]Xelix is a London-based company that revolutionizes Accounts Payable (AP) processes for large global companies through its AI-powered Control Centre. The platform automates and enhances financial control across four key areas: overpayment and fraud prevention, vendor statement reconciliation, master vendor data cleansing, and AP/P2P reporting. Xelix's unique approach leverages AI to analyze invoices, statements, emails, and master vendor data, acting as a virtual assistant for AP teams. This automation streamlines workflows, reduces errors and fraud, and frees up teams to focus on strategic tasks. Xelix's cloud-based platform integrates seamlessly with existing finance systems and boasts a rapid deployment time of four weeks. Customers typically experience ROI within the first month, demonstrating the platform's immediate impact. Xelix prioritizes exceptional customer support and actively co-develops functionalities with its clients, fostering a collaborative and responsive approach. The company's diverse network of partners includes multinational BPOs, global and boutique consultancies, and independent P2P advisors, further expanding its reach and expertise.[/description][ps]AI-powered Accounts Payable Control Centre, invoice processing, vendor management, statement reconciliation, reporting, overpayment and fraud prevention, master vendor data cleansing[/ps]