SoftCo, the leading global Procure-to-Pay (P2P) Automation technology company, and Xelix, an award winning AI-powered Control Centre for Accounts Payable teams, are pleased to announce their strategic partnership.
This global partnership will enable both companies to leverage their respective strengths to enhance their product offerings and provide additional AP-centric solutions to their clients. Under this new partnership, SoftCo and Xelix will collaborate to promote each other’s products across their extensive client bases, facilitating access to cutting-edge technologies that will drive further efficiency and enable growth.
“We are thrilled to partner with Xelix to bring expanded offerings to our clients,” said Daragh Byrne, CMO of SoftCo. “Xelix have proven themselves to be leaders in AI-powered software, including automated Supplier Statement reconciliation, that intelligently uncovers payment risks and delivers meaningful insights. We look forward to working with the Xelix team on bring our respective market-leading technologies to a much broader audience.”
Paul Roiter, CEO of Xelix, commented: “We are excited to partner with SoftCo and leverage their extensive expertise in Procure-to-Pay transformation. Xelix’s AP control suite perfectly complements SoftCo’s invoice automation capability. Together, we can offer clients an end to end AI-powered solution for accounts payable automation and financial control.”
Pictured: Daragh Byrne, SoftCo CMO and Paul Roiter, Xelix CEO.
About SoftCo:
SoftCo is a fast-growing global Procure-to-Pay (P2P) and Compliance technology company. SoftCo’s smart technology with unique AutoML delivers unrivalled straight through PO invoice processing rates in excess of 90%, ensuring industry leading ROI. With 34 years’ experience, SoftCo ranks highest in independent customer satisfaction surveys. Operating from the US, Finland, the UK and Ireland, SoftCo has over a million users worldwide with customers including PwC, Volkswagen, Primark, Logitech and the Finnish Government. SoftCo is ISO27001 certified, SOC 1 & 2 audited, a Microsoft Co-Sell Certified Partner, an AWS Advanced Technology Partner, and is integrated with over 200 ERP systems.
About Xelix:
Xelix is an enterprise software company offering an AI-powered Control Centre for Accounts Payable teams. We work with some of the largest global companies to automate and enhance their financial control processes.
Our AP Control Centre takes the pain out of five core AP processes: overpayment and fraud prevention, master vendor data management, supplier statement reconciliation, vendor query management and AP/P2P reporting. Xelix is easy-to-use, cloud-based and flexible, making it suitable for large organisations across all sectors. We pride ourselves on providing 10/10 customer support and love to co-develop functionality with our customers.
