At A Glance
Bringing Clarity to Complexity
Corporates & Financial Institutions
Supply Chain Processes:
all inbound and outbound payment processes, payment factory, treasury & cash visibility, credit & collections, management of archived data and documents
Serrala is a global B2B fintech software company that empowers organizations to create a new and future-proof ecosystem of payments and move their financial processes into the digital age. Customers in both the banking and corporate sector benefit from end-to-end, holistic processes as well as sophisticated user experience. Serrala is the only provider of an integrated portfolio of solution suites that help seamlessly manage inbound and outbound payments, treasury processes as well as data & documents. This leads to transparent cash visibility, secure financial processes and fraud protection based on market leading innovation such as intelligent automation and machine learning.
Today, Serrala is a fast-growing global player with 600+ employees in 18 offices in Europe, North America, Asia and the Middle East. 25 of German DAX-30 companies are amongst the 2,500+ customers of Serrala.
What We Do & How We Do It
Serrala provides finance and data management software that enable treasurers, finance professions and IT decision-makers to optimize and automate many of their daily processes – ranging from order-to-cash to procure-to-pay, treasury as well as data and document management. Corporates benefit from greater process efficiency, cost savings, central cash visibility, and fraud risk prevention. Advanced technologies that are innovative and easy to use empower users on their journey to a new ecosystem of corporate payments.
Serrala helps corporates to build a modern, multi-connected, and scalable IT infrastructure to digitize and optimize finance processes company-wide. The goal is to make these processes as easy as pouring water in a glass. This is why Serrala works on creating great user experience by combining technologies such as AI, ML or RPA with digital assistants. The next generation of financial software with intuitive UI, including intelligent bots and assistants, enables clients to move money simply, quickly and securely.
As a fintech, Serrala also collaborates with banks enabling them to white label the solutions and offer their corporate clients a central payment platform. The solutions integrate easily into the enterprise landscape, enabling end-to-end processes. Any of the solutions of the broad portfolio can be white labeled.
Serrala is an innovation driver with 30+ years of experience, and yet transformational changes in strategy, business model and organization. Founded in 1984 as a family owned company, Serrala constantly invested in the development of its solutions and has transformed itself into a leading fintech in the B2B payments space. With these strong investments Serrala proactively leverages market leading innovations such as RPA, AI, ML, BI etc.
As a reliable expert, Serrala supports their customers with strong partners to stay ahead of the innovation curve (e.g. SWIFT, PayPal, Microsoft (Azure), SAP).
The product portfolio includes software, Managed Automation and consulting services – with multiple advantages for companies and banks: A holistic approach instead of single products helps to overcome silos with seamless IT processes. Limitless connectivity simplifies implementation and/or adoption of new technology (e.g. APIs and PSPs), and easy-to-use analytics provide ready-to-use dashboards & reports with 500+ available KPIs.
In scope of its growth strategy, Serrala is constantly developing new markets. In June 2019, the company opened a Center of Excellence in Pune, India. The office will offer solutions and services in the fields of Managed Automation, global support and development.
Recently, Serrala introduced the comprehensive cloud offering Serrala Alevate. Since fall 2019, Serrala Alevate AP complements the solution suite. The easy-to-integrate ERP-agnostic solution for managing the capture, validation and processing of vendor invoices allows users to benefit from a 100 percent digitized invoice process.
In spring 2019, Deutsche Bank and Serrala launched the first API interface for SEPA instant payments in the market. The joint initiative is an important first step facilitating real-time treasury and allowing payments to be processed 24/7/365 within less than ten seconds.
Serrala further extended its solution offering in 2019 with its Managed Automation services. Customers benefit from distinctive services through software-based intelligent automation enhanced with specialized skills. The Managed Automation offering comprises Payments as a Service, Payables as a Service, Receivables as a Service and Archiving as a Service.