Xelix

‍WhyXelix?

Most companies still use manual processes and simple systems to manage their Accounts Payable (AP) processes. This inefficiency often leads to significant financial losses and increased fraud risk; a burden on AP teams. With the latest developments in Machine Learning and Artificial Intelligence, Xelix redesigned the core audit and control processes within AP. The result: a system that better protects the bottom line, hedges risk, improves vendor relationships and relieves AP teams of their workload. With Xelix, you tackle these 4 Accounts Payable processes:

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• Transactions | Prevent overpayments and fraud:
  Proactive real-time monitoring of your accounting and master data identifies and addresses risks - even before payments are made.
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• Vendors | Master vendor data management:
  Xelix provides proactive cleansing and monitoring of your vendor database, keeping your vendor database accurate, complete and risk-free.
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• Statements | Automated supplier statement reconciliation:
  Xelix includes an end-to-end workflow that automates the tedious task of reconciling supplier statements.
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• Reports | Efficient reporting and analytics:
  Xelix delivers easy-to-use self-service reporting and analytics for all your Procure-to-Pay (P2P) needs.

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Who use Xelix?

Xelix is designed for innovative finance teams looking to improve their AP processes. From mid-sized companies to multinational corporations. Xelix is an advanced software solution designed to streamline business processes, improve efficiency and optimize financial management. The platform offers a suite of tools that integrate seamlessly with existing systems and provide real-time insights and analytics to make informed decision making.

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Finext & Xelix

At Finext, we understand the challenges financial teams face on a daily basis. That's why, with Xelix, we offer our clients the best AI-driven Account Payable solutions to transform financial processes, minimize risk and increase efficiency. Xelix consolidates data from different systems and business units and allows you to create historical and predictive reports in areas such as expenses, payment performance, team productivity and working capital. A valuable addition to your current ERP system.