Serrala Announces New Features for Payments as Part of its Managed Automation 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 Automation 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 Automation enable customers to accelerate payments innovation while providing peace of mind. With the strong growth of cloud solutions and services, Serrala’s Managed Automation 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 Automation 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 Automation 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
Serrala is a global financial automation and B2B payments software company creating more secure payment capabilities worldwide for enterprises of all sizes. We are a leading fintech pushing the boundaries of finance software by integrating finance and treasury into one central ecosystem for corporate payments – the “Universe of Payments”.
We support our customers automating and digitizing their financial processes to save costs, minimize fraud risks and gain real-time insights into their world of payments.
Serrala is a fast-growing innovator with more than 2,800 global customers including more than 100 of the S&P 500 companies and more than 700 employees.
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