Serrala provides cash application automation software designed to streamline accounts receivable (AR) processes. The solution offers comprehensive features from data capture to reporting, utilizing artificial intelligence to achieve payment matching rates up to 99%. Available for SAP environments and as cloud-based services, Serrala's software aims to eliminate manual effort and improve AR automation.

Key Features

Automated Payment Processing Efficiently handles payment data in various formats

• Automatic reconciliation within SAP systems
• Cloud-based SaaS offering for flexible deployment

AI-Powered Matching Utilizes artificial intelligence for high automation rates

• Achieves up to 99% global cash application automation
• Same-day matching capabilities

Format Processing Streamlines remittance advice data aggregation

• Processes up to 100% of remittance advice data
• Eliminates lockbox fees

Benefits

Increased Efficiency Significantly reduces manual tasks and improves cash application speed

• Reduces DSO by up to 10 days
• Lowers manual and repetitive tasks by 85% on average

Improved Cash Flow Management Enhances visibility and control over accounts receivable

• Eliminates unapplied cash through automated matching
• Provides real-time data updates in SAP environments

Flexible Deployment Options Offers various implementation approaches to suit business needs

• Available for SAP, cloud, or hybrid cloud environments
• Combines on-premise solutions with optional cloud services