Alevate TMS is the new cloud-based solution for treasury management that further enhances Serrala’s portfolio in cash and treasury management for companies and banks
Hamburg/Frankfurt, Germany - October 18, 2018 - On the first day of the Annual Serrala User Meeting, Serrala, the international provider of solutions for inbound and outbound payments and related finance processes, and Trinity Management Systems GmbH, the provider of cloud-based treasury management systems, officially announced their strategic partnership.
Trinity's comprehensive treasury management system is among the leading cash and treasury management solutions in the market serving more than 3,000 treasury experts in global operating companies such as Volkswagen and BASF as well as mid-sized companies from different industries. Serrala will white-label the Trinity TMS solution and offer it globally as Alevate TMS. Serrala and Trinity TMS will work together on further expanding and enhancing the functional scope of the product, including features catering to regional specificities globally. Serrala will make Alevate TMS available globally, implement the solution and provide global support for it. The solution will be available to both corporations and banks. Banks will be able to white-label the solution and sell it to their own corporate customers as part of the BCrest offering that was recently launched by Serrala.
"We are thrilled to have won Trinity, the long-standing TMS provider with over 20 years' experience, as a new strategic partner. Jointly, we are launching Alevate TMS, the new cloud-based Treasury Management System powered by Trinity. With Alevate TMS we further complement and enhance Serrala's solution portfolio in the area of cash, liquidity and treasury management. The extended solution offering empowers customers worldwide to benefit from a truly holistic approach to managing all financial and treasury processes within one corporate system environment. The cloud solution can be easily combined with any enterprise system and will be an interesting new asset for our customers" says Sven Lindemann, CEO of Serrala.
"Working closely together with Serrala, a leading global financial technology provider with regards to product development is a great opportunity for us and our customers. Through the partnership customers of both companies will gain access to further solutions along the whole financial supply chain enabling them to achieve integrated and automated processes for their inbound and outbound ecosystem" says Henning von Tresckow, CEO of Trinity Management Systems GmbH.
Serrala's solution offering stretches along all financial processes within a company, from inbound and outbound payments to treasury processes and managing data and documents. With the new partnership, Serrala, a strong provider of SAP-based software, expands its growing footprint in the cloud-based solution space further giving customers the technological flexibility needed, ranging from on-premise to cloud solutions, hybrid models and managed services.
To learn more about Serrala's new portfolio of cloud solutions, please visit www.serrala.com.
For further information about Trinity Management Systems and their solutions for managing global liquidity and risk positions across the enterprise, visit www.trinitytms.com.
Serrala is the globally leading provider of a comprehensive portfolio of financial technology for companies and banks. The solutions for order-to-cash, procure-to-pay, cash and treasury management complemented by data and document management solutions enable organizations to benefit from a truly holistic approach to managing all financial and treasury processes within one corporate system environment. Serrala supports the technological diversity of enterprise systems, from SAP to multiple ERP, and offers the solutions as on-premise and cloud solutions that can also be deployed in hybrid models and flexibly combined with Serrala's managed services. Represented on three continents with 16 regional offices in Europe, North America and Asia, over 600 employees are dedicated to service over 2,500 customers of all industry sectors and all sizes - from medium-sized companies to global players. Over 30 years of industry experience are the foundation of Serrala's sustainable growth.
About Trinity Management Systems
Trinity Management Systems GmbH is one of the leading software companies with a clear focus on the enterprise-wide optimization and automation of treasury processes of international companies in all sectors. Trinity gives customers the security and safety of a high-performance, high-security treasury system for managing global liquidity and risk positions across the enterprise. The triad "your treasury - your way - our software" underlines the company's philosophy of significantly automating treasury with excellent software and a strict focus on customer benefits. Compliance and regulatory requirements are met and documented in an audit-proof manner. Financial risks on both the foreign exchange and interest sides are identified, valued and reduced to an absolutely necessary minimum. More than 3,000 treasury experts in DAX companies such as Volkswagen or BASF, and mid-sized companies from different industries can focus through comprehensive reporting and custom treasury dashboards on their core mission: ensuring global liquidity and risk minimization to make a noticeable contribution to added value of the treasury.