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Serrala Customers Honored by Treasury Today’s Adam Smith Awards

London – June 27, 2018 – Serrala, the international provider of solutions for inbound and outbound payments and related finance processes, today announced that five of its customers were recently recognized in multiple categories by Treasury Today’s Adam Smith Awards. In its eleventh year, the Adam Smith Awards showcase the best of corporate treasury achievement of Treasurers, CFOs and Finance Directors. This year, hundreds of submissions from 35 countries globally were received, making the competition stronger than in previous years. Serrala customers, Adient Slovakia S.R.O, Alghanim Industries, Baloise Group, Merck Business Services/Business Technology, and Thyssenkrupp AG were recognized. 

Alghanim Industries won Best in Class Treasury Solution in the Middle East, with their achievements in managing corporate finance and funding, risk management, governance, and cash management. There were also four companies that received the highly commended honor, including Adient Slovakia S.R.O, a global leader in automotive seating in the Best AP Solution category; Baloise Group, known for their insurance services that provide individuals and businesses with security, safety and service, for Best Working Capital Management Solution; Merck Business Services, a prominent healthcare, life science and performance materials technology company for Best Risk Management Solution; and Thyssenkrupp AG, an industrial engineering and steel production company that is using Serrala’s SAP S/4HANA-integrated solutions, for First Class Relationship Management. 

“We are honored to work with each of these innovative brands and their leadership teams and congratulate each organization on this well-deserved recognition,” said Serrala’s Chief International Officer, Kevin Grant, “Serrala’s customers have proven themselves as best in class within their respective industries as they continue to drive innovative financial solutions.” 

For more information about the customer projects, please visit our awards page. 

Adient Slovakia and Serrala

Adient Slovakia was honored by Adam Smith Award for its Highly Recommended Best AP Solution

On the photo from left to right:

  • Peter Luttman, Senior Solution Architect US at Serrala
  • Peter Kováč, Director Bratislava Business Center at Adient, Slovakia 

For more information: Adient Success Story

Merck and serrala risk management image

Merck Business Services was honored by Adam Smith Awards for its Highly Recommended Best Risk Management

On the photo from left to right: 

  • Kevin Grant, Chief International Officer at Serrala
  • Salvatore LoBosco, Team Lead of ERP Finance CoE at Merck Business Services

For more information: Merck Success Story

working capital management solution baloise and serrala award

Baloise Group received an Adam Smith Award for its Highly Recommended Best Working Capital Management

On the photo from left to right:

  • Kevin Grant, Chief International Officer at Serrala 
  • Christoph Börlin, Head of Treasury at Baloise Group

For more information: Baloise Group Success Story

thyssenkrupp and serrala relationship management award

Thyssenkrupp AG was recognized by Adam Smith Award for its Highly Recommended First Class Relationship Management

On the photo from left to right: 

  • Marcus Kiene, Senior Consultant at Serrala 
  • Ridoaune El Azizi at thyssenkrupp AG
  • Arkadius Stroda, Global Shared Services IT at thyssenkrupp AG

For more information: Thyssenkrupp Success Story

bnp paribas serrala award for treasury solution

Alghanim Industries was honored by Adam Smith Award as Winner Best in Class Treasury Solution in the Middle East

On the photo: 

  • Robert Etman, Chief Financial & Chief Support Services Officer at Alghanim Industries
  • Kevin Grant, Chief International Officer at Serrala
  • plus representatives of BNP Paribas

About Serrala
Serrala is a leading global innovator in financial software solutions that enable organizations to optimize their financial processes. With nearly 40 years of experience in the industry, Serrala's solutions automate, reduce costs, and improve visibility into cash flow. The company serves over 2,500 clients in over 70 countries around the world. For more information, visit


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