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Serrala Expands its Finance Automation Cloud Suite with AI-powered Accounts Receivable

Joseph Collins

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Serrala Expands its Finance Automation Cloud Suite with AI-powered Accounts Receivable

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Serrala announced the launch of Alevate AR, a cloud-native AI-powered accounts receivable solution enhancing its cloud portfolio.

 
Alevate AR provides AI-driven insights in real time, enabling financial teams to make informed decisions impacting cash flow.
— Rami Chahine, CPTO

Introduction to Alevate AR

Serrala, a global leader in finance process automation, has launched Alevate AR, a cloud-native platform designed to transform Accounts Receivable (AR) management.

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AI and Machine Learning Enhance AR Processes

Alevate AR harnesses artificial intelligence (AI) and machine learning (ML) to help businesses improve cash flow, recover working capital needs, and achieve financial excellence.

Overcoming Challenges in Accounts Receivable

Businesses face challenges with manual AR processes that consume nearly 40% of team activities, leading to slow payments and increased Days Sales Outstanding (DSO).

Personalized Automation and Customer Satisfaction

Alevate AR revolutionizes automation by offering a self-service portal that enhances customer satisfaction, simplifying users’ payment handling and inquiries.

Robust Suite of Cloud-Based Solutions

The introduction of Alevate AR further enriches Serrala’s cloud-based solutions, already including Alevate CashApp, Alevate AP, and Alevate Payments.

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“Alevate AR delivers real-time AI-driven insights that empower financial teams to make data-informed decisions, improving cash flow and collection strategies,” Rami Chahine noted.

Alevate AR is an innovative addition to Serrala’s extensive finance automation solutions, aiming for financial excellence through advanced automation.

For more information on Alevate AR and how it can transform the Office of the CFO, visit www.serrala.com.

About Serrala

Serrala is a renowned leader in finance process automation, with nearly 40 years of experience, serving over 2,500 customers globally.

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Its award-winning suite of finance automation applications automates all working capital processes, optimizing the finance department into a strategic engine.

Livia Damiani
Serrala
+49 15 11 76 444 99
l.damiani@serrala.com
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