Xelix, which uses AI to automate businesses’ accounts payable workflows by connecting with ERP systems, raised a $160M Series B led by Insight Partners (Ryan Lawler/Axios)

Ryan Lawler / Axios:
Xelix, which uses AI to automate businesses' accounts payable workflows by connecting with ERP systems, raised a $160M Series B led by Insight Partners  —  Xelix, a software company specializing in accounts payable controls, has raised $160 million in Series B funding led by Insight Partners.