Case Study: CH&CO achieves 90% cost savings with Xelix

CH&CO drives 90% cost savings with Xelix

CH&CO, a UK and Ireland-based catering and contract events company, faced a manual and highly tedious supplier statement reconciliation process. This challenge resulted in low coverage, limited visibility, and high costs as they had to outsource most of the work. They turned to the vendor Xelix and implemented its Statements module to increase their reconciliation coverage.

By using Xelix's automated statement workflow, CH&CO was able to process nine times more statements per month, bringing the outsourced work back in-house. This resulted in a 90% cost saving and provided the team with much greater visibility over their payables. The team at Xelix was also praised for being collaborative and receptive to feedback throughout the implementation.

CH&CO