Serrala Recognized in The Hackett Group® Digital World Class® Matrix for Cash Application Software 

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Hamburg, Germany, 13 August 2025

Read time 3 min

Serrala, a global leader in finance process automation, today announced that its Alevate Cash Application solution has been recognized by The Hackett Group®, a leading generative artificial intelligence (Gen AI) consultancy, executive advisory, and industry analyst firm, in the Digital World Class® Matrix for Cash Application Software as a Top Performer for Business Case/Financial Impact. Read The Hacket Group® press release here. 

Serrala believes that this independent industry recognition reflects the strength and completeness of Serrala’s cloud-based Accounts Receivable solution. Alevate Cash Application is designed to automate and optimize the cash application process, empowering finance teams to accelerate cash flow, reduce manual effort, and increase efficiency across the enterprise. 

This recognition from The Hackett Group® highlights Serrala as a relevant vendor in the Cash Application software market.” said Prashant Kumar, VP of Alevate AR at Serrala. “Our Alevate Cash Application module, while newer to market, is already helping companies worldwide transform their accounts receivable operations with advanced automation and cloud-native capabilities. We are proud to be recognized in this important space and of the measurable impact we deliver to organizations every day.” 

The Hackett Group® evaluated vendors based on a comprehensive set of criteria across ten critical capabilities for cash application software. Serrala’s inclusion reflects its long-standing expertise in cash application, built on over 40 years of industry leadership, combined with innovative cloud-based technology. 

Serrala’s Alevate suite offers a full range of advanced Accounts Receivable solutions designed to simplify and optimize the entire order-to-cash process. This latest recognition from The Hackett Group® adds to the growing momentum of the Alevate suite, particularly in the U.S. market, where organizations are increasingly seeking to automate and streamline cash application processes. 

For more information about Serrala’s Cash Application solutions, visit Cash Application Automation Software & Solutions | Serrala

Media
Contacts

For press inquiries
please contact:

Sarah Albrecht-Fuhrmann
Senior Corporate Communications Manager
s.albrecht-fuhrmann@serrala.com
+49 170 3825794

About Serrala

Serrala is the global market leader and pioneering innovator in finance process automation. Our award-winning suite of applications gives finance leaders the power to evolve, optimize their working capital and streamline all workflows, planning, and compliance, by automating all operational processes across Order to Cash, Procure to Pay, Cash Flow Management, and Treasury.  Serrala’s AI-powered finance automation suite is trusted by thousands of organizations worldwide to gain real-time insights and create operational excellence through high performance engineering and seamless integration. Serrala has been advancing the office of the CFO for over 40 years with solutions that accelerate growth, enhance decision-making, and achieve sustainable finance success.

Media
Contacts

For press inquiries
please contact:

Sarah Albrecht-Fuhrmann
Senior Corporate Communications Manager
s.albrecht-fuhrmann@serrala.com
+49 170 3825794

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