SAP-embedded cash application automation software
Our cash application solutions let you apply cash instantly and automate up to 99% of day-to-day tasks
Automate your cash application processes in SAP
FS² AutoBank solves some of the biggest challenges facing modern AR teams. Including misapplied and unapplied cash that blocks strategic investment. Poor visibility and missing data that impedes workflows and makes accurate forecasting impossible. And nonstandard manual processes that introduce further delays and errors thanks to matching difficulties and data siloes.
It automates up to 99% of cash application workflows – leading to up to 90% reductions in unapplied cash. And provides real-time visibility of all incoming payments, open invoices, and remittance advices. Enabling complete transparency and facilitating AI-powered auto-matching to streamline every aspect of cash application while eliminating human error.
What can you achieve with Serrala cash application solutions?
What our cash application solutions bring to the table
Apply cash instantly
Automates the entire cash application process globally – from data entry, format processing, and payment matching all the way to reconciliation and reporting.
Next-generation matching
Powered by AI and Machine Learning, human created rules and technology work together for best possible matching results
Smart data capture
Intelligently automated process for data input, classification and recognition, extraction, posting, and exception handling.
Optimizing the receivables management in a global shared services landscape
Our users worldwide are very satisfied, because the usability of Serrala´s Automatic Cash Application is high and the system is robust. Thanks to that, we are gradually coming close to our goal of achieving high automatic processing rates and better processes in order to save time and costs.
Nico Mueller
Portfolio and Process Management, Siemens AG
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Download the Alevate Accounts Payable brochure to discover the benefits of using the same automated invoice process across multiple ERP systems, locations, and business units.