2 days a week in office (Hoxton, London)
GenAI-powered Control Centre for Accounts Payable teams
Be an early applicant
GenAI-powered Control Centre for Accounts Payable teams
21-100 employees
Be an early applicant
2 days a week in office (Hoxton, London)
21-100 employees
To automate and enhance the financial control processes of Accounts Payable teams.
Xelix helps enterprise finance teams to detect high risk transactions and prevent financial losses driven by error or fraud. The solution also provides a deep analytics capability in the areas of cash management & supply chain performance.
Currently, 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. When trying to maximize the profitability of a company a 1% difference in net spending can make an immense difference, therefore the software that Xelix is developing has huge potential.
As evidence to its power, Xelix claims that it typically saves companies 6-figures within the first 3 months of going live and drive a positive ROI within one month. Additionally, its analytics capability provides in-depth analysis & insights on supply chain activity - including payment performance, procurement trends & working capital management. Ultimately, Xelix has the first-mover advantage in its market and if keeps progressing at its current pace - with $5 million in Series A as of 2022 - it could easily grow rapidly.
Steph
Company Specialist at Welcome to the Jungle
Some candidates hear
back within 2 weeks
29% female employees
48% employee growth in 12 months
Jul 2022
$5m
SERIES A
London, UK
Paul Roiter
(CEO)Paul has degree in Political Science and Government and an MBA. He previously co-founded Dingo App, a peer-to-peer ticketing app.
Phil Watts
(Co-Foundeŗ / CǷO)Phil has degree in Maths and Economics, and he's a qualified chartered accountant. He previously co-founded Dingo App, a peer-to-peer ticketing app.
Maddy joined Xelix as an SDR in 2022, before joining the Partnerships team in October 2023.
Miki joined Xelix in 2019 as a Software Engineer, before being promoted to Lead Data Engineer. He is now a Staff Software Engineer.
Having joined Xelix in April 2023 as an SDR, Hannah is now a Customer Success Manager.
Eltje Lange (Head of People)
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