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Serrala Wins TMI Award for the Sixth Time

23-04-2021 7 min read

TMI Award 2020 for Best AP/AR Goes to Serrala

After an unprecedented year 2020, we are proud to have been honored again with a TMI Award for Innovation & Excellence. The TMI Award recognizes leading solutions that drive best practices for treasury. For the first time since its launch, the award ceremony took place virtually, which pays heed to the current pandemic situation.

As a vendor of finance and treasury solutions that go beyond boundaries, Serrala enables highest process efficiency and cash visibility for organizations around the globe. In 2020, Serrala won again in the category “Best Accounts Payable & Receivables Technology Solution 2020” for two new cloud-based solutions that digitize AR/AP processes and support remote working perfectly: Serrala Alevate AP and Serrala Alevate RTP. 

Serrala Alevate AP is a flexible and secure cloud solution that intelligently automates accounts payable processing including the capture, validation and processing of vendor invoices from start-to-finish. The solution creates a global hub to quickly standardize and automate invoice processing across multiple, disparate enterprise systems and can be flexibly deployed as a full-cloud or hybrid-cloud solution. Companies can use the solution to achieve complete transparency and control over accounts payable processes and meet their current and future invoice processing needs from both a business and IT perspective.

On the receivables side, Serrala Alevate RTP offers an easy, fast and frictionless payment experience for customers. Highly automated, cloud-based, and completely digital, the solution pulls payment details from the accounts receivable system, packages them in a personalized link to an organization’s customers and offers a large range of online payment options (ACH, PayPal, Klarna etc.) to settle the open invoice in a matter of seconds. Nothing to download, no registration, no login, no typing, no mistakes, no touch – delivering reliable data for cash forecasting. 

Interested in finding out more about these solutions enabling touchless payables and receivables to accelerate and enhance cash visibility for your treasury.

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