Xelix AP Platform

Xelix, with legal name GSPV Ltd, sells AI software for accounts payable from offices in London and Wilmington, Delaware. It aims to add controls and savings on top of a company's ERP and AP systems by detecting payment errors and fraud.

The platform adds modules for invoice capture, duplicate, overpayment and invoice fraud detection, supplier statement reconciliation, vendor helpdesk, vendor master data cleansing and AP reporting. It integrates with SAP S/4HANA, Microsoft Dynamics, Oracle NetSuite, Oracle Fusion and Workday, and the site lists logos such as GSK, Kraft Heinz and AstraZeneca.

• Capture: extracts, corrects and validates invoice data.
• Transactions: detects duplicates, overpayments and invoice fraud.
• Statements: reconciles supplier statements automatically.
• Helpdesk: manages vendor queries.
• Vendors: cleanses and optimises vendor master data.
• Reports: custom AP reporting and insight.

A Vietnamese manufacturer on SAP could detect duplicate and overpaid supplier invoices. A retail chain could automate supplier statement reconciliation. A shared-service centre could manage vendor queries through one helpdesk.

The company claims 220M+ invoices processed annually and $200M+ saved annually by customers (vendor figures). Bolts onto the existing ERP without replacing it. Supplier statement reconciliation and vendor helpdesk reduce manual AP workload. Duplicate and overpayment detection limits financial leakage.

Large companies are looking to AI to curb payment leakage and duplicate payments, and AP automation vendors drew sizeable rounds in 2025. Vietnamese manufacturers and retailers running SAP or Oracle with high invoice volumes face similar leakage risk.

Offices in London and Wilmington, Delaware (footer). $160M Series B announced 21 July 2025, led by Insight Partners with Passion Capital and LocalGlobe. Financial Leakage Report 2026 published on the site.