Xelix
Xelix is an agentic AI Accounts Payable platform that bolts onto any ERP, using ML models and LLMs to prevent duplicate payments, reconcile supplier statements, and automate vendor query management for 200+ global enterprises across pharma, healthcare, retail, energy and industrials.
- Company typePrivate
- Founded2018
- HeadquartersLondon, United Kingdom
- Headcount101–250
- GTM typeB2B
- OfferingSoftware
What Xelix does
Xelix is an agentic AI platform for Accounts Payable, founded in 2018 in London and operating under the legal entity GSPV Ltd. The platform combines proprietary Machine Learning models trained on each customer's historic invoicing data with Large Language Models running on AWS foundation models, deployed as 20+ autonomous AI agents that analyse 500+ data points per invoice. It is sold as a five-module Accounts Payable Control Centre — Transactions (real-time duplicate and incorrect payment prevention), Statements (LLM-driven supplier statement reconciliation), Helpdesk (Gen AI vendor query management with ServiceNow integration), Vendors (master vendor data cleansing), and Reports (P2P analytics) — that bolts onto existing ERP, P2P and email systems via SFTP file transfer, Outlook/Microsoft Graph, and the ServiceNow App Store.
The company's commercial model is quote-based SaaS subscription (annual billing) scaling with spend under audit and invoice volume, supplemented by professional services delivered by an in-house Services team. Go-to-market combines direct enterprise field sales in the UK and US (Enterprise AE and SDR/BDR functions), a structured partner programme with BPOs, consultancies and global SIs (including BDO, Capgemini, Genpact, OJC Consulting, YCP Consus, SoftCo, Infosys, WNS), and marketplace distribution via ServiceNow. Xelix reports 200+ global enterprise customers across pharma, healthcare, FMCG, retail, energy, industrials and telecoms (anchor logos include AstraZeneca, GSK, BAT, Kraft Heinz, GE, Merck, Amgen, Abbott, UPMC, Energy Transfer, Liberty Global and Virgin Media), $750B+ in audited spend annually, 115M-220M invoices processed annually, 98% stated retention, and a typical 5x year-one ROI.
The company is privately held, raised a $5M Series A from FINTOP in 2021/2023 and a $160M Series B led by Insight Partners in July 2025 with participation from Passion Capital and LocalGlobe. It holds AICPA SOC 2 Type II and ISO 27001 certifications, operates on AWS with EU/US/UK data residency, and has published a Responsible AI framework.
Xelix firmographics
Firmographics- Name
- Xelix
- Legal name
- GSPV Ltd.
- Website
- https://xelix.com
- Company type
- Private
- Founded year
- 2018
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Xelix is an agentic AI Accounts Payable platform that bolts onto any ERP, using ML models and LLMs to prevent duplicate payments, reconcile supplier statements, and automate vendor query management for 200+ global enterprises across pharma, healthcare, retail, energy and industrials.
- Ownership category
- akta.pro rank
Xelix industry classification
Industry- Product category
- Accounts Payable Automation Software
- NAICS
- Computer Systems Design and Related Services (54151), Custom Computer Programming Services (541511)
- SIC
- Services-Prepackaged Software (7372), Services-Computer Programming Services (7371)
- akta.pro primary industry
- End-to-End Enterprise AI Platforms (MLOps & Model Lifecycle Management) (HDAEANAA)
- akta.pro secondary industry
- Model Transparency, Explainability & Interpretability (XAI) (HDAAAMAB)
Keywords
Where Xelix is headquartered
LocationHeadquarters
- HQ city
- London
- HQ country
- United Kingdom
- HQ region
- Europe
Offices2 records
Markets served
Xelix business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure
Revenue model
- SaaS subscription for Xelix AP Control Centre: Recurring software subscription revenue from the Xelix Accounts Payable Control Centre platform (Transactions, Statements, Helpdesk, Vendors, Reports modules). Pricing is quote-based and not publicly disclosed; deployment typically scales with the customer's invoice volume and spend under audit, with implementation reported to be operational within 4-6 weeks and typical payback within months and a 5x return in the first year.
- ServiceNow App Store distribution of Helpdesk: Helpdesk module is sold and installed via the ServiceNow App Store, generating subscription revenue through the marketplace channel in addition to direct sales.
- Implementation and onboarding services: Professional services delivered by an in-house Services team (led by VP of Services Aliya Jabbar) covering implementation, configuration, and ongoing customer success for enterprise deployments.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Quote-based subscription across five core modules (Transactions, Statements, Helpdesk, Vendors, Reports) |
Go-to-market motion5 records
Distribution channels6 records
Marketing channels9 records
Xelix product offering
Product offeringCore offering
Xelix provides an agentic AI Accounts Payable (AP) Control Centre that bolts onto existing ERP, P2P and email systems to deliver five core modules: Transactions (real-time duplicate and incorrect payment prevention), Statements (automated supplier statement reconciliation), Helpdesk (Gen AI vendor query management), Vendors (master vendor data management and cleansing), and Reports (interactive AP/P2P analytics). The platform is sold as enterprise SaaS to Accounts Payable, P2P and Shared Services teams inside mid-market and large enterprises, with deployment typically live within 4–6 weeks.
Product overview
Xelix is a platform-plus-modules architecture delivered as a single AI-powered Accounts Payable Control Centre that bolts onto existing ERP, P2P and email systems. The core platform integrates data from any ERP/AP system into a cloud-based environment and offers five core modules that work together: Transactions (real-time duplicate and incorrect payment prevention), Statements (automated supplier statement reconciliation), Helpdesk (Gen AI vendor query management, including a ServiceNow integration), Vendors (master vendor data management and cleansing), and Reports (interactive AP/P2P analytics and dashboards). Together these modules automate AP audit and control processes to prevent fraud, recover overpayments, reconcile supplier statements, resolve vendor queries, and surface spend insights.
Differentiator
Problem solved
Functional benefit
Brands
- Xelix Protect: Duplicate and incorrect payment protection module (Transactions module) — AI monitoring of Accounts Payable data to flag duplicate invoices, posting errors, overpayment risks and suspicious activity before the pay run.
- Xelix Insight
- Xelix Supplier Statement Reconciliation
- Xelix Helpdesk
- Xelix Master Vendor Data
Products and services
- Xelix Transactions (Xelix Protect) Real-time AI-powered duplicate and incorrect payment protection module that monitors Accounts Payable data to flag duplicate invoices, posting errors, overpayment risks and suspicious activity before the pay run. Analyses 500+ data points per invoice, audits 100% of transactions, and runs a free historic payments audit on day one. Sold to enterprise AP and P2P teams.
- Xelix Statements (Supplier Statement Reconciliation) End-to-end agentic workflow that automates supplier statement reconciliation regardless of size or format (Excel, PDF). Uses Large Language Models to read and standardise statements, reconciles to ERP/AP records, highlights discrepancies, and shares reconciliation summaries internally and externally. Sold to enterprise AP teams.
- Xelix Helpdesk Agentic AI Accounts Payable ticketing tool that understands vendor emails, creates tickets, and generates responses to relieve AP teams of inbox stress. Auto-categorises emails, pulls ERP context, generates GenAI replies, and includes a native ServiceNow integration available on the ServiceNow Store. Handles 70+ languages. Sold to enterprise AP teams.
- Xelix Vendors (Master Vendor Data Management) Daily monitoring and cleansing of the master vendor file. Alerts users to missing data, changes and potential threats; enriches vendor records, identifies inactive, duplicate and suspicious vendors, and consolidates the vendor base to stop incorrect payments and fraud. Sold to enterprise AP and procurement teams.
- Xelix Insight (AP & P2P Reports) Interactive, self-serve business intelligence and custom analytics reports for Accounts Payable and P2P. Users can build AP performance charts, monitor team productivity, track payment performance, drill into spend trends, and replace Excel-based reporting with automated dashboards. Sold to enterprise AP and P2P teams.
Quantifiable outcome
- Audits 100% of AP transactions in real time with 98% accuracy in duplicate detection
- +10 more outcomes
Companies that use Xelix
Customer profileNamed customers40 records
Segments4 records
Ideal customer profiles3 records
Xelix technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration13 records
AI capability3 records
Feature9 records
Xelix partnerships and signals
Strategic signalPartnerships
19 partnerships are on record, tiered core (financial technology consulting partner), advisor (strategic advisor to xelix), strategic (global accounting and advisory partner), core (procurement and supply chain consulting partner), core (business transformation partner), core (p2p technology peer partner), flagship (global si partner), flagship (bpo / gbs partner), minor (logo partner), minor (bpo logo partner), minor (consulting partner logo), minor (global si logo partner), flagship (technology / marketplace partner), flagship (cloud and ai infrastructure partner), flagship (erp integration partner), core (erp integration partner), core (erp and email integration partner) and core (p2p / erp integration partner).
- The Recon Groupcore (financial technology consulting partner)Xelix announced a strategic partnership with The Recon Group, a leading financial technology consulting firm, to drive end-to-end automation in P2P for joint clients.
- Andy Walteradvisor (strategic advisor to xelix)Andy Walter, former Procter & Gamble CIO, joined Xelix as a Strategic Advisor in April 2025 to provide strategic guidance to the leadership team.
- BDO LLPstrategic (global accounting and advisory partner)Xelix announced a strategic partnership with BDO LLP, a global tax, audit, advisory and business services firm, to drive digital transformation in P2P for clients. BDO is also featured as a partner logo and contributes to Xelix-led content (e.g., UK SOx webinar).
- YCP Consuscore (procurement and supply chain consulting partner)YCP Consus, a global leader in procurement and supply chain transformation, entered a strategic partnership with Xelix to transform business operations and AP processes for joint clients.
- OJC Consultingcore (business transformation partner)OJC Consulting, a global leader in business transformation, partnered with Xelix to change the digital P2P landscape and implement Xelix as part of finance transformation programmes.
- SoftCocore (p2p technology peer partner)SoftCo, a leading global Procure-to-Pay (P2P) automation technology company, entered a strategic P2P partnership with Xelix.
- Capgeminiflagship (global si partner)Capgemini is featured as a partner and quoted on the partners page: 'our collaboration with Xelix is a powerful testament to our shared vision of driving digital innovation in the P2P space'. Capgemini's logo appears prominently on the partners page alongside Xelix.
- Genpactflagship (bpo / gbs partner)Genpact is featured as a strategic partner; Genpact CEO Tiger Tyagarajan and Xelix CEO Paul Roiter jointly discussed how Xelix and Genpact help enterprise finance teams harness AI to deliver real business outcomes.
- Finextminor (logo partner)Finext is listed as a partner logo on the Xelix partners page as part of the broader partner ecosystem.
- WNSminor (bpo logo partner)WNS is listed as a partner logo on the Xelix partners page as part of the broader BPO partner ecosystem.
- Proservartnerminor (consulting partner logo)Proservartner is listed as a partner logo on the Xelix partners page as part of the broader consulting partner ecosystem.
- Infosysminor (global si logo partner)Infosys is listed as a partner logo on the Xelix partners page as part of the broader implementation/SI partner ecosystem.
- ServiceNowflagship (technology / marketplace partner)Xelix Helpdesk is published on the ServiceNow App Store and embeds AP vendor query management directly into ServiceNow, letting teams triage and resolve AP queries using ServiceNow as their system of record.
- Amazon Web Services (AWS)flagship (cloud and ai infrastructure partner)Xelix hosts its platform on AWS (data encrypted, GDPR compliant, EU/US/UK residency) and uses AWS foundation models for Helpdesk translations. AWS has publicly identified Xelix as an AI trailblazer in fintech.
- SAP (S/4HANA and SAP ECC)flagship (erp integration partner)Xelix pre-built integrations with SAP S/4HANA and SAP ECC are featured on the Setup & Security page; Xelix has published analysis showing SAP S/4HANA duplicate controls are insufficient and offers Xelix as a bolt-on during S/4 migrations.
- Oracle (Oracle Fusion and Oracle PeopleSoft)core (erp integration partner)Xelix pre-built integrations with Oracle Fusion and Oracle PeopleSoft are listed on the Setup & Security page as part of its universal ERP bolt-on architecture.
- Microsoft (Dynamics 365 and Outlook / Microsoft Graph)core (erp and email integration partner)Xelix pre-built integration with Microsoft Dynamics 365 for ERP and with Outlook / Microsoft Graph API for Helpdesk email integration.
- Coupacore (p2p / erp integration partner)Coupa logo appears as a supported P2P system on the Setup & Security page, indicating a pre-built Xelix integration with Coupa for invoice and AP data ingestion.
- Workdaycore (erp integration partner)Workday logo appears as a supported ERP system on the Setup & Security page, indicating pre-built Xelix integration with Workday.
Scale indicators12 records
Recent moves6 records
Expansion highlights6 records
Xelix competitors and assessment
Company assessmentDirect peers
- Tipalti: Tipalti is a leading AI-powered accounts payable automation platform serving mid-market and enterprise finance teams with invoice processing, supplier management, and payment workflows. It is a direct competitor to Xelix in the AP automation category, targeting similar CFO/AP buyer personas with a comparable SaaS bolt-on model.
- Stampli: Stampli is an AP automation platform that uses AI to streamline invoice processing, approvals, and vendor management, directly competing with Xelix's Transactions and Statements modules. Both companies position as best-of-breed AP bolt-ons sitting alongside the ERP for enterprise finance teams.
- AvidXchange: AvidXchange is a long-established AP and payment automation platform for mid-market and enterprise customers, offering invoice processing, bill payment, and supplier management. It is one of the largest direct competitors to Xelix in the AP automation category.
- Medius: Medius (formerly MediusFlow) provides AP automation and P2P solutions with AI-driven invoice capture, approvals, and supplier management, serving European and global enterprises. It is a direct competitor to Xelix with overlapping AP automation functionality and similar enterprise customer profiles.
- Basware: Basware is a global AP automation and P2P platform offering invoice management, e-invoicing, and supplier enablement, with strong presence in European enterprises. It is a direct peer to Xelix in the AP automation and P2P software category.
- Yooz: Yooz is a cloud-based AI-powered AP automation solution focused on invoice capture, approval workflows, and supplier management for mid-market and enterprise customers. It competes directly with Xelix in the AI-led AP automation category, particularly in the US and European markets.
Broad incumbents
- HighRadius: HighRadius is an AI-powered Order-to-Cash and treasury platform that has expanded into AP automation, serving large global enterprises. It overlaps with Xelix in AP automation but operates as a broader finance automation incumbent with significant scale and funding.
- Coupa: Coupa is a broad business spend management (BSM) platform offering P2P, AP automation, and supplier management as part of a wider portfolio. It is a broad incumbent comparable to Xelix in the AP and P2P category but spans sourcing, expenses, and treasury as well.
- SAP Ariba: SAP Ariba is the P2P and procurement platform from SAP, providing AP automation, supplier management, and invoice processing for global enterprises. It is a broad incumbent peer to Xelix that natively integrates with SAP ECC and S/4HANA, the same ERP systems Xelix bolts onto.
Emerging players
- SoftCo: SoftCo is a P2P automation technology provider that has entered a strategic partnership with Xelix. It is an emerging peer in AP and P2P automation with overlapping product functionality and similar enterprise customer targets, particularly in the UK and European mid-market.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks5 records
Key highlights7 records
Customer concentration
Xelix social profiles
Digital presenceXelix compliance and trust
Trust signalCompliance4 records
Xelix financial estimates
Financial estimateRevenue estimate
Valuation estimate
Xelix leadership team
Management profileNumber of profiles
Profiles8 records
Xelix subsidiaries and ownership
Company hierarchySubsidiaries1 record
Xelix funding detail
Funding detailFunding overview
Funding rounds4 records
Investors4 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Xelix M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Xelix
What does Xelix do?
Xelix provides an agentic AI Accounts Payable (AP) Control Centre that bolts onto existing ERP, P2P and email systems to deliver five core modules: Transactions (real-time duplicate and incorrect payment prevention), Statements (automated supplier statement reconciliation), Helpdesk (Gen AI vendor query management), Vendors (master vendor data management and cleansing), and Reports (interactive AP/P2P analytics). The platform is sold as enterprise SaaS to Accounts Payable, P2P and Shared Services teams inside mid-market and large enterprises, with deployment typically live within 4–6 weeks.
Is Xelix a public or private company?
Xelix is a private company. It is classified as venture growth investor backed and is currently operating.
When was Xelix founded?
Xelix was founded in 2018. It employs 101 to 250 people.
Where is Xelix based?
Xelix is headquartered in London, United Kingdom, in the Europe region.
How does Xelix make money?
Three revenue lines are on record. SaaS subscription for Xelix AP Control Centre is the primary driver. The others are serviceNow App Store distribution of Helpdesk and implementation and onboarding services.
Who are Xelix's main competitors?
Direct peers on record are Tipalti, Stampli, AvidXchange, Medius, Basware and Yooz. Broad incumbents are HighRadius, Coupa and SAP Ariba. SoftCo is listed as an emerging player.
Does Xelix have an API?
No public API is recorded for Xelix.
What industry is Xelix in?
Xelix's product category is Accounts Payable Automation Software. Its primary akta.pro industry code is HDAEANAA, End-to-End Enterprise AI Platforms (MLOps & Model Lifecycle Management), with a secondary code of HDAAAMAB, Model Transparency, Explainability & Interpretability (XAI). Its NAICS code is 54151 and its SIC code is 7372.