How to centralize, harmonize, and standardize payment processes across a company with 540 entities and 1,500 bank accounts in 107 countries?
Lufthansa, the major German airline, chose to implement a payment factory to increase cash visibility and control over group liquidity. The company chose the payments and cash management solutions by Serrala specifically because of their full integration with SAP S/4HANA.
Diverse internal systems, electronic banking systems, processes and file formats were the key challenges Lufthansa needed to overcome. Lufthansa has implemented the solutions to help build a central payment platform that is flexible and can be adjusted easily whenever needed and the whole solution can grow with the company approach.
Download the case study – published by TMI magazine – and discover how Lufthansa went about the project and solved its challenges.
Read the Success Story
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