Cash Application Cloud Software: Driving Speed and Success in AR Automation
Cash Application in the Cloud
A Powerful Cash Application Cloud Solution
Alevate CashApp – Your Best Choice for Cloud based Cash Application Automation
Is your finance organization wasting too much time and energy handling complex, manual and repetitive tasks? Are you suffering from lack of transparency and fragmented processes? Then you need to automate your cash application process to drive success – in order to cash in general and accounts receivables in particular.
Achieve automation rates of up to 99% with our cash application cloud solution for customer payment reconciliation: Alevate CashApp.
Uniting many years of experience in cash application business process design with the latest cloud computing technology, Alevate CashApp provides you with a future-proof solution for agile and scalable cash application in the cloud.
Cash Application Cloud Technology
Alevate CashApp improves your cash application process and integrates with your ERP system, improving automation, accuracy and transparency of your accounts receivable process – and it is easily scalable across your entire organization:
- Reduce unapplied cash and update customer accounts first thing in the morning
- Monitor important KPIs and gain full transparency of the process
- Standardize and centralize your cash application process on a global scale for more quality, security, and compliance
- Apply cutting-edge cloud technology with a responsive user interface that works with any ERP
Speed up cash application with our agile and highly flexible AR cloud solution
Allocating and matching customer payments has never been easier and faster. Our cash application cloud based solution enables you to intelligently automate your cash application and easily process, payment information from various formats, including bank statements, remittance advice, lockbox, checks, and PSP settlement files.
Our highly automated and cloud based solution Alevate CashApp helps you to:
- Achieve up to 99% automation rates
- Reduce unallocated cash by up to 90+ %
- Minimize bad debt and improve pre- and follow-up processes in your order to cash cycle
- Improve your DSO and optimize your working capital by getting in cash faster
Benefits
See what our cash application cloud solution can do for you
Still have questions?
Serrala optimizes the Universe of Payments
for organizations that seek efficient cash visibility and secure financial processes.
Key Features
Plug & Play
Fast implementation times, no hardware required, scalable to your business needs
Standardized processes
Accurate and high quality cash application process integrating with different ERP systems
Secure and reliable hosting
State-of-the art cloud technology and maintenance, ensuring your data is safe at all times
24/7/365
Mobile and web access enabling capability around the clock
FAQ
Cloud users will benefit from a highly standardized, secure and scalable cash application solution. Working with any ERP system, our cloud-based “Alveate Cash App” solution is a corner stone of your AR Automation, providing more accuracy and transparency paired with a compelling user experience.
Moving more and more business to the cloud is one of the main trends for corporates. Key financial processes will still remain on-premise for quite some time. But there is no contradiction: you can easily combine cloud solutions with on-premise systems. Using a hybrid cloud setting you can benefit from multi-ERP capabilities, a centralized view across all enterprise systems, secure end-to-end processes, and scalability to individual requirements.
Such regulations are actually made for the digital era. To be sure that they are adhered to, look for certified providers – e.g. for ISO 27001 – that are compliant with privacy regulations.
As the KPMG Cloud Threat Report 2020 has revealed, the majority considers public clouds as more secure and resilient environments. 75 % of the respondents said that they view public clouds as ‘much more secure’ or ‘more secure’ than what they can deliver with their on-premises environment. The reason may be that cloud vendors have the specialized resources and experience to stay ahead of cyber threats. Companies benefit from best practices of which are incorporated into cloud solutions. In addition, security patches to protect software from cyber-attacks are much easier to deploy with cloud solutions.
