Serrala offers AI-enabled AP automation software that digitizes and streamlines the accounts payable process. The solution captures vendor invoices digitally, enables touchless invoice processing, approval, and posting within the accounts payable department. It enhances global visibility and control over vendor payments while driving continuous process improvements through real-time invoice information.

Key Features

Digital Invoice Capture Intelligent capture and extraction of invoice information

• Cloud-based processing for faster AP operations
• Supports various invoice formats and sources

Automated Invoice Processing Streamlined workflow for invoice handling

• Touchless processing, approval, and posting
• Configurable rules and machine learning for intelligent processing

SAP Integration Seamless integration with SAP systems

• Increased speed and accuracy in AP invoice processing
• Journal entry automation for faster financial close

Cloud-based Solution Flexible and scalable AP automation

• Company-wide visibility and control
• Consolidation of information from multiple enterprise systems

Benefits

Increased Efficiency Streamlined AP processes for faster operations

• Reduction in manual tasks and errors
• Higher volume of invoices processed in less time

Cost Savings Reduced operational expenses in AP department

• Lower labor costs associated with invoice processing
• Minimized late payment fees and duplicate payments

Enhanced Visibility and Control Improved financial oversight and management

• Real-time information for global invoices
• Better cash flow management and vendor relationship optimization

Improved Compliance and Security Enhanced auditability and fraud prevention

• Secure end-to-end workflows and consistent approvals
• Digital audit trail for easier compliance management