Xelix

Up to 1% of company spend is lost due to Accounts Payable errors. This can be caused by simple manual errors (e.g. keying mistakes), technology mishaps (e.g. OCR failures) or intentional fraud from inside or outside the company. Xelix has built a cutting-edge AI platform to detect & surface these high-risk transactions, alerting finance teams prior to money leaving the door. We typically save companies 6-figures within the first 3 months of going live and drive a positive ROI within one month.