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.
Benefits of using our cash application solution
High automation
End-to-end cash application for straight through processing without time-consuming and error-prone manual activities
Intelligent integration
Endless connectivity with banks, Payment Service Providers, Customers and Portals as well as accounting systems, ensure a completely digital experience.
Speed up process times
Automated data and file retrieval – easy and fast exception handling to reduce costs
Standardized Processes
Accurate and high quality cash application process across different ERP systems
Facilitating digital transformation
Paperless, digital accounts receivables processing, empowering teams to work from anywhere – offices, home, remote
Tight end-to-end security
Meet regulatory compliance and fraud protection requirements with precise anti-money laundering screening
Future-Proof Technology for Best-in-Class Cash Application
Plug & Play
Software as a Service (SaaS) with fast implementation times, no hardware required, scalable solution
Compelling user experience
Modern user interface with flexible dashboards, AI matching and chatbot support
Secure and realiable hosting
State-of-the art cloud technology and maintenance, ensuring your data is safe at all times
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:
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Achieve up to 99% automation rates
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Reduce unallocated cash 90+ % and update customer accounts first thing in the morning
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Monitor important KPIs and gain up to 100% transparency of the process
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Reduction in manual activity across the board
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Less bad debt and improved pre- and follow-up processes in order to cash
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Posititve impact on DSO and working capital – getting in cash faster
Our expert is here to solve your problem
Nils Strachanowski
Director Solution Success
Are you interested to learn more? Request a complimentary demo and contact our expert.
