Serrala Alevate CashApp – the Cloud based Cash Application Solution by Serrala
Driving Success in Accounts Receivables
Automated and accurate cash applications drive success in accounts receivables. But, too often finance organizations are wasting time and energy due to complex, manual and repetitive tasks, lack of transparency, and fragmented processes.
Serrala Alevate CashApp improves your cash application process for bank statements, remittance advices, settlement and lockbox files. The cloud based solution integrates with your ERP system, improving automation, accuracy and transparency of your cash application process and is easily scalable across your entire organization.
How our solution optimizes your cash application process
Serrala Alevate CashApp intelligently retrieves payment information from various sources in different formats, automatically captures, optimizes and enriches the data and matches the incoming payments against open posts in the organizations' ERP systems. Highly automated and cloud-based, the solution help you to:
Achieve up to 99% automation rates
Reduce unallocated cash 90+ % and update customer accounts first thing in the morning
Monitor important KPIs and gain up to 100% transparency of the process
Reduction in manual activity across the board
Less bad debt and improved pre- and follow-up processes in order to cash
Posititve impact on DSO and working capital – getting in cash faster
Our expert is here to solve your problem
Director Solution Success
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