Serrala announces their participation at SAPPHIRE NOW® to showcase solutions for optimizing the Universe of Payments

Visitors learned how to benefit from current megatrends to improve and automate finance processes, reduce fraud, and gain efficiencies

HAMBURG / ORLANDO, FL – May 7, 2019 – Serrala, an SAP Silver partner and global B2B fintech software company, today announced their participation at SAPPHIRE NOW^® and ASUG Annual Conference on May 7-9 in Orlando, Florida booth #1555. Serrala will present their end-to-end approach for optimizing the Universe of Payments, covering all processes related to inbound and outbound payments. Visitors have the unique opportunity to gain insights in automation processes that make their financial IT landscape future-proof. Serrala innovates its solutions continuously using AI and blockchain technologies. In four speaker sessions, Serrala demonstrates, together with clients, how innovation has been implemented to improve finance processes, reduce risk and benefit from efficiencies.

“The latest IT and Business Intelligence technologies are rapidly changing the financial landscape. As a result, fraud risks increase, but also opportunities for new automated and seamless payment processes arise. We make use of these new technologies, creating end-to-end solutions that provide answers to today’s challenges in finance,” says Sven Lindemann, CEO at Serrala. 

Serrala’s solutions integrate with SAP S/4HANA^® and multi-ERP systems and can be deployed flexibly in the cloud or as hybrid models, creating one seamless IT landscape. This enables a wide range of customer benefits. For fraud prevention, for example, Serrala offers a Fraud Monitor, which checks payments and indicates irregularities. Users benefit from increased security of company-wide payments and can effectively prevent losses. The SAP Fiori^® app-based Fraud Monitor can be integrated into central SAP systems, allowing users to manage all processes from one single platform, increasing productivity and efficiency. 

During four speaker sessions visitors can learn more about fraud prevention and other use cases of end-to-end finance process automation. The sessions will focus on examples of how breaking down silos within the IT infrastructure creates transparency and holistic cash visibility across multiple locations and enterprise systems:

•    Excel Zero to SAP Hero: A Phased Approach to Implementing SAP Treasury 
Learn how TDS replaced its Excel-based cash management process with SAP Cash and Liquidity Management and SAP Treasury and Risk Management applications. The project broke down silos between treasury, accounting and IT to deliver on time & on budget and our core team is excited to be involved in future enhancements.
Speakers: Patricia Hocker, Manager, Treasury Operations, TDS Inc., Brooke McCullick, Senior Treasury Analyst, TDS Inc.. This session will take place May 7th at 11:00 a.m. in room 320G.

•    Finding the Cure for an Increased Volume of Invoices
Learn how the Johns Hopkins Accounts Payable Shared Services team automated processing and posting of invoices across two very different organizations: the university and its medical centers. Discover how it works with the healthcare procurement process and third-party invoice scanning provider. 
Speaker: Renee Genco, Assistant Director, Accounts Payable Shared Services, Johns Hopkins Enterprise. This session will take place May 8th at 11:00 a.m. in room 320F.

•    Streamline Cash Management & Liquidity Forecast with SAP S/4HANA^®
Learn how Freeport LNG addressed its cash management, reporting, and analysis challenges by transforming its treasury system using SAP S/4HANA Treasury and Risk Management as a side‐car workstation. Hear about the project experience and challenges and learn about the benefits of SAP Cash and Liquidity Management. 

•    Megatrends Reshaping Finance: New Universe of Payments Arising 
Technology and data-driven innovations like AI, blockchain, and cloud services are disrupting the financial landscape. As a result, money is moving into and out of organizations faster than ever. Learn how organizations take advantage of these megatrends to effectively manage the new Universe of Payments by improving processes and reducing fraud. 
Speakers: Sven Lindemann, CEO, Serrala, and Brian Shannon, SVP Americas, Serrala. This session will take place May 9th at 11:30 a.m. in Partner Theater 2.

SAPPHIRE NOW^® and ASUG Annual Conference are the world’s premier business technology event and largest SAP customer-run conference, offering attendees the opportunity to learn and network with customers, SAP executives, partners, and experts across the entire SAP ecosystem.