In an environment where teams are asked to do more with less, Serrala is a great business tool.
A+E Networks Finance Team
A+E Networks’ Success with Serrala’s AR Automation Solution
Company
A+E Networks
Industry
Media & Entertainment
Headquarters
United States
“Scaling operations without increasing headcount required automation and efficiency.”
A+E Networks is a leading global media and entertainment company headquartered in New York, USA. Since its founding in 1984, A+E Networks has built a diverse portfolio of television channels and digital platforms, including A&E, History Channel, and Lifetime, reaching audiences worldwide with engaging content spanning documentaries, scripted dramas, and reality TV.
With rapid growth and upcoming M&A activities, A+E Networks faced significant challenges in managing their accounts receivable (AR) processes, including:
- 0% automation in EBS payments, leading to manual, repetitive tasks that hindered productivity
- Low automation levels in AR, resulting in processing delays and errors
- Lack of real-time visibility into AR data, making decision-making difficult
- Integration challenges with SAP, limiting operational efficiency
- Data inconsistencies due to the absence of a single source of truth
- Scalability issues, as their existing financial processes could not keep pace with company growth
To address these challenges, A+E Networks evaluated multiple solutions before selecting Serrala’s FS² AutoBank for its:
- SAP-Embedded Functionality – Seamless integration with SAP, providing real-time data insights
- Future-Proof Technology – Adaptable to evolving financial needs
- Proven Success in AR Automation – A strong track record of delivering measurable efficiency gains
- Customization & Flexibility – Ability to create and adjust rules based on specific business requirements
With a strategic focus on automation, A+E Networks chose not to hire additional FTEs but instead invested in an intelligent AR automation solution to optimize efficiency and future-proof financial operations.
A+E Networks’ success with Serrala’s FS² AutoBank showcases the impact of AR automation in driving operational excellence. By eliminating manual tasks, enhancing data visibility, and seamlessly integrating with SAP, they have streamlined financial operations and positioned themselves for continued growth.
As their finance team puts it:
“The fact that it is embedded into SAP makes it feel like it is a part of SAP.” – A+E Networks Finance Team
Just 10 days after implementation, A+E Networks began experiencing noticeable improvements, with significant transformations achieved within 60 days:
92% Automation in AR Processing
- 60% increase in automation for EBS payments (ACH and wires)
- 7% increase in automation for check/lockbox processing
Single Source of Truth
- Real-time visibility into key financial metrics
- Certified SAP integration ensuring data accuracy and consistency
Faster Change Management & Adoption
- The SAP-like interface ensured a smooth transition, reducing errors and accelerating adoption across finance teams
Business Need
“Scaling operations without increasing headcount required automation and efficiency.”
A+E Networks is a leading global media and entertainment company headquartered in New York, USA. Since its founding in 1984, A+E Networks has built a diverse portfolio of television channels and digital platforms, including A&E, History Channel, and Lifetime, reaching audiences worldwide with engaging content spanning documentaries, scripted dramas, and reality TV.
With rapid growth and upcoming M&A activities, A+E Networks faced significant challenges in managing their accounts receivable (AR) processes, including:
- 0% automation in EBS payments, leading to manual, repetitive tasks that hindered productivity
- Low automation levels in AR, resulting in processing delays and errors
- Lack of real-time visibility into AR data, making decision-making difficult
- Integration challenges with SAP, limiting operational efficiency
- Data inconsistencies due to the absence of a single source of truth
- Scalability issues, as their existing financial processes could not keep pace with company growth
Solution Implemented
To address these challenges, A+E Networks evaluated multiple solutions before selecting Serrala’s FS² AutoBank for its:
- SAP-Embedded Functionality – Seamless integration with SAP, providing real-time data insights
- Future-Proof Technology – Adaptable to evolving financial needs
- Proven Success in AR Automation – A strong track record of delivering measurable efficiency gains
- Customization & Flexibility – Ability to create and adjust rules based on specific business requirements
With a strategic focus on automation, A+E Networks chose not to hire additional FTEs but instead invested in an intelligent AR automation solution to optimize efficiency and future-proof financial operations.
Results Achieved
A+E Networks’ success with Serrala’s FS² AutoBank showcases the impact of AR automation in driving operational excellence. By eliminating manual tasks, enhancing data visibility, and seamlessly integrating with SAP, they have streamlined financial operations and positioned themselves for continued growth.
As their finance team puts it:
“The fact that it is embedded into SAP makes it feel like it is a part of SAP.” – A+E Networks Finance Team
Just 10 days after implementation, A+E Networks began experiencing noticeable improvements, with significant transformations achieved within 60 days:
92% Automation in AR Processing
- 60% increase in automation for EBS payments (ACH and wires)
- 7% increase in automation for check/lockbox processing
Single Source of Truth
- Real-time visibility into key financial metrics
- Certified SAP integration ensuring data accuracy and consistency
Faster Change Management & Adoption
- The SAP-like interface ensured a smooth transition, reducing errors and accelerating adoption across finance teams
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