Case Study: FM Conway cuts 12 weeks of audit time with Xelix

FM Conway cuts 12 weeks of audit time with Xelix

FM Conway, a leading infrastructure company in transportation, the built environment and open spaces, was processing 80,000 to 90,000 invoices a year with heavily manual AP processes. Their team struggled to spot duplicates, overpayments and unapplied credit notes, and internal audit work took weeks each year, leaving limited time for supplier statement reconciliations and other controls. FM Conway turned to Xelix’s Transactions and Statements modules to improve visibility and reduce the risk of human error.

With Xelix, FM Conway now runs proactive transaction auditing every day, flagging issues before payment and giving the internal audit team 100% assurance that transactions are accurate. The company estimates Xelix saves 10 to 12 weeks of audit time, has enabled the AP team to reconcile at least five times more supplier statements, and helped maintain 100% Prompt Payment Code compliance.

FM Conway

Martin Wicks

Head of Internal Audit