Serrala Expands its Finance Automation Cloud Suite with AI-powered Accounts Receivable
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Serrala Expands its Finance Automation Cloud Suite with AI-powered Accounts Receivable
Serrala Expands its Finance Automation Cloud Suite with AI-powered Accounts Receivable
Serrala announced the launch of Alevate AR, a cloud-native AI-powered accounts receivable solution enhancing its cloud portfolio.
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.
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.
“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.
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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Cameron Sanders
September 17, 2024 at 5:53 pm
Serrala’s expansion of its Finance Automation Cloud Suite with AI-powered Accounts Receivable represents a significant advancement in financial technology solutions. By integrating artificial intelligence, the platform enhances efficiency, accuracy, and decision-making in managing receivables, enabling businesses to streamline operations and improve cash flow. This innovation not only simplifies the accounts receivable process but also positions organizations to adapt to the evolving demands of the financial landscape, ultimately fostering greater financial stability and growth.
vic jenkins
September 17, 2024 at 6:17 pm
Serrala’s expansion of its Finance Automation Cloud Suite with AI-powered Accounts Receivable represents a significant advancement in financial technology. By integrating artificial intelligence into the accounts receivable process, Serrala enhances efficiency, accuracy, and decision-making for businesses. This innovative solution not only streamlines the management of receivables but also empowers organizations to optimize their cash flow and improve overall financial performance. As companies increasingly seek to automate and modernize their financial operations, Serrala’s cutting-edge offerings position it as a leader in the finance automation landscape.