Xelix, the world’s first Accounts Payable Control Centre, completed a $5 million Series A investment round led by Fintop Capital, with participation from existing investors Passion Capital and Localglobe.
Xelix, the world’s first Accounts Payable Control Centre, completed a $5 million Series A investment round led by Fintop Capital, with participation from existing investors Passion Capital and Localglobe.
Xelix’s Accounts Payable (AP) solution enables companies to automate manual and time-consuming processes, whilst delivering huge savings to the bottom line. The company’s rapid growth has been fuelled by CFOs rushing to adopt new technology to transform their financial operations.
The Xelix SaaS application bolts-on to ERP and procure-to-pay systems, providing deeply enriched functionality to supercharge the AP function. Key benefits include the prevention of incorrect payments and fraud, and automation of key AP processes enhancing team productivity. The solution aggregates data from different systems, providing a consolidated view of AP across a business.
