Serrala Supercharges AR with AI-Powered Cash Application for Any ERP
Serrala Unveils AI Cash App Tech to Slash Manual AR Tasks—Regardless of ERP
Serrala, a heavyweight in finance process automation, has officially launched its next-gen Cash Application capabilities within its cloud-native Alevate AR platform—promising to do for accounts receivable what AI has already begun doing for customer service and fraud detection: automate the tedious, kill the inefficiencies, and give humans back their time.
Tailored for modern finance teams stuck navigating messy, manual payment matching across siloed ERP systems, Alevate AR now delivers a clean, AI-powered fix: fully automated, ERP-agnostic cash application with real-time visibility.
It’s not just faster—it’s transformative. Early adopters are clocking:
- Up to 85% straight-through processing
- 90% fewer manual interventions
- 75% faster cash application cycles
- 40% fewer FTEs needed for remittance work
That’s not a marginal gain. That’s a full-on rewire of how cash moves inside large enterprises.
“Finance leaders can’t afford fragmented systems anymore,” said Nils Strachanowski, VP of Product, Order to Cash, at Serrala. “Alevate AR breaks ERP silos and delivers full transparency and intelligent automation.”
Manual Matching Is Dead. Long Live AI.
At the heart of this launch is AI that actually understands remittance data—no matter the format—and automatically reconciles it with payment records. The platform is designed to plug into any ERP, making it especially valuable for global enterprises juggling multiple systems after years of acquisitions or decentralization.
Finance professionals used to spend days slogging through spreadsheets and PDFs. With Alevate AR, they’re matching payments in minutes, not days.
“Before Serrala, a remittance took four days. Now it’s done in an hour,” reported one customer. “I caught up on five days of remittances in one day—something that used to take weeks.”
More Than Automation—It’s Real-Time Strategy
Beyond just saving time, Alevate AR gives users live KPI dashboards to track DSO, working capital, and payment exceptions. That turns AR from a back-office chore into a forward-looking function that supports better decision-making across finance.
Deduction management is also built-in, helping reduce error rates, misapplied payments, and the endless “he said, she said” between AP and AR teams.
And unlike legacy cash application modules bolted onto ERP systems—often clunky and rigid—Serrala’s solution lives in the cloud and plays nice with everything, from SAP to Oracle to Microsoft Dynamics. That makes upgrades and scaling much easier.
The Broader Fintech Landscape
Serrala’s move comes as AI continues its quiet revolution in enterprise finance, from BlackLine’s AI bots to Tesorio’s predictive cash flow modeling. But what sets Serrala apart is its modular, ERP-agnostic infrastructure—meaning companies don’t have to overhaul their tech stack to start seeing results.
For finance leaders under pressure to boost efficiency and improve cash visibility without hiring armies of analysts, Alevate AR is a direct shot of modernization.
“Just click a button and go,” said another finance head. “No more manual entry, no more back-and-forth.”
Stay Ahead of the Curve with GlobalFinTechEdge — Your Daily Edge in Fintech Intelligence. Subscribe Now.
