Serrala Announces New Features for Payments as Part of its Managed Services Portfolio 

New Features Empower Companies to Focus on Core Business with Automated “Set it and Forget it” Features for Payments 

Hamburg, Germany – September 25, 2018 – Serrala, the international leading provider of solutions for inbound and outbound payments and related finance processes, today announced innovative extensions of its Managed Services Portfolio. Besides the existing managed services for cash application, Serrala now also offers services that allow organizations to outsource complex payment functions so they can react faster to corporate or industry challenges and changes. Ongoing changes in the banking relationships, emerging payment methods and standards, and continuously evolving regulatory requirements are just a few examples of the dynamic pace of the payments industry. Serrala’s Managed Services enable customers to accelerate payments innovation while providing peace of mind. With the strong growth of cloud solutions and services, Serrala’s Managed Services portfolio combines the benefits of the cloud with the ability to outsource a complex process to an expert provider. 

“Outsourcing the operational tasks and functions around inbound and outbound payments frees up time for business-wide, value-added activities,” said Mickey Vonckx, VP Managed Services of Serrala. “Serrala’s Managed Services offering provides modular services addressing treasury’s pain-points within the entire accounts payable, accounts receivable, treasury, data analytics and document management functions helping organizations to improve operations and cut costs.” 

“Market forces are driving the need for increased agility of organizations to manage their payments and related finance processes in a global market. Building on our extensive experience in providing powerful global financial software solutions, managed services is a strategic initiative for Serrala to extend and enhance the support options for our clients. With our managed services offering we empower clients to respond quickly to changing demands and to benefit from the deep knowledge of Serrala.” said Sven Lindemann, CEO of Serrala.  

Serrala’s Managed Services Portfolio is continuously enhanced and provides specialized functionality including:
•    Conversion – transforming data or documents into required target formats
•    Connectivity – to banks, services, storage areas, enterprise systems
•    Optimization – rationalizing information and validates it against master data; improved with AI
•    Matching – using intelligent robotic automation to auto-post invoices, auto-match receivables and payments, remittance advice information etc.
•    Fraud & Compliance – preventing fraud, ensuring data privacy
•    Archiving – regular archiving and purging data according to best practices
•    Analytics – detailed reports and analytics that ensure compliance and provide global transparency

To learn more about the benefits of Serrala’s Managed Service offerings, please visit us here. For further information about other Serrala solutions, visit www.serrala.com.

About Serrala
Serrala is an international provider of solutions for inbound and outbound payments and related finance processes. Serrala optimizes the universe of payments for organizations that seek efficient cash visibility and secure financial processes. With a suite of future-proof end-to-end payment solutions we provide efficient and secure optimization of financial processes partnered with experienced first-class cash visibility and treasury consulting services. Serrala supports over 2,500 companies worldwide with advanced technology and personalized consulting to optimize all processes that manage the universe of payments: from order-to-cash, procure-to-pay and treasury to data and document management. The robust solutions offer a flexible range of technological diversity including cloud and hybrid deployment options and managed services, for both SAP and multiple ERP systems. Represented on three continents with 16 regional offices in Europe, North America and Asia, over 600 employees are dedicated to service companies of all industry sectors and all sizes – from medium-sized companies to global players. Over 30 years of industry experience provide us with the necessary knowledge and understanding to be trustworthy partners. 
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For press inquiries and more information contact:
Loren Guertin
Matter on behalf of Serrala
+1 401-351-9504
serrala@matternow.com 

Jessica Manu
Global Director Marketing
Serrala 
+49 40 514808-0
j.manu@serrala.com