Serrala Announces Release of Alevate, a Suite of Cloud-based Solutions to Manage Inbound and Outbound Payments

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New Cloud Product Offering Empowers Companies to Quickly and Effortlessly Centralize Payments Across Multiple Enterprise Systems Globally

Organizations can use Alevate Payments as a standalone solution to centralize and standardize payments or they can combine it with Serrala’s SAP-integrated FS² solutions to provide greater organizational cash visibility.

Serrala, the international provider of solutions for inbound and outbound payments and related finance processes, today announced the launch of Alevate, the first solution unveiled since the company’s rebrand. This new suite of Cloud-based software solutions provides Serrala customers with everything they need to securely and efficiently manage inbound and outbound payments and treasury worldwide, across multiple enterprise systems. The Alevate suite of solutions will be continually expanded to address customer challenges. The first product to be made available will be Alevate Payments.

Alevate Payments is a highly flexible and secure solution that acts as a global payment hub across multiple, disparate enterprise resource planning (ERP) systems. The Cloud-based solution will enable companies to achieve a unified view of all payment transactions globally and perform related cash management and cash pooling activities. Suitable for multinational clients as well as medium-sized businesses, the solution uses intelligent robotic process automation to convert payments into the correct payment format, sign the payments with strong cryptography, and provide a centralized connection between a company and the various banks it uses.

Organizations can use Alevate Payments as a standalone solution to centralize and standardize payments or they can combine it with Serrala’s SAP-integrated FS² solutions to provide greater organizational cash visibility. Whether the solution is deployed in the Cloud or as a Cloud-based managed service, it provides organizations with a highly versatile, multi-tenancy, multi-country, multi-bank, and multi-ERP payment solution.

According to Ingo Czok, SVP Cloud Solutions, Serrala, “Companies today want to be faster and more agile and they want to be up and running in the shortest possible time. Setting up a complex payments operation is much quicker in the Cloud.”

A recent Serrala survey of global financial leaders supports this idea, showing that managing payments is a top priority for decision makers, with 71% of respondents ranking it as a near-term priority. When considered against the realities of tech adoption highlighted by the survey – 98% of respondents identify “increasing automation” as a priority, while only 17% have full cloud deployments – it becomes clear that the need for effective cloud solutions is critical.

“Cloud is the future and we want to help our customers with the best solutions for their specific business needs” says Sven Lindemann, CEO of Serrala. “Payment fraud is increasing globally, and Cloud solutions such as Alevate Payments, along with our managed services offering, provides a clear advantage for our customers: a single source of truth that is easier to control, audit and manage in a global business environment.”

Alevate Payments is the first in this suite of cloud solutions that Serrala will be launching this year. Future cloud-based solutions in the Alevate suite include Alevate Archiving, Alevate Accounts Payable, and Alevate Cash Application.

Alevate is the first solution unveiled since the launch of the new Serrala brand, formerly the Hanse Orga Group, following a series of strategic M&A efforts. Integrating the experience and offerings of the acquired companies, Serrala offers an inbound and outbound payments ecosystem that provides security and compliance at every step in the value chain. Read more about the announcement here.

To learn more about Serrala’s new portfolio of cloud solutions, please visit the Alevate Payments webpages. For further information about other Serrala solutions, visit http://www.serrala.com.

About Serrala
Serrala is an international provider of solutions for inbound and outbound payments and related finance processes. We are proud to announce our evolution from Hanse Orga Group and welcome you to Serrala. Our new name is inspired by the Sierra de la Serrella, a powerful mountain range in Spain symbolizing confidence and security. The new name takes added dimension from Hindi, in which saral means simple. Serrala optimizes the universe of payments for organizations that seek efficient cash visibility and secure financial processes. With a suite of future-proof end-to-end payment solutions we provide efficient and secure optimization of financial processes partnered with experienced first-class cash visibility and treasury consulting services. Serrala supports over 2,500 companies worldwide with advanced technology and personalized consulting to optimize all processes that manage the universe of payments: from order-to-cash, procure-to-pay and treasury to data and document management. The robust solutions offer a flexible range of technological diversity including cloud and hybrid deployment options and managed services, for both SAP and multiple ERP systems. Represented on three continents with 16 regional offices in Europe, North America and Asia, over 550 employees are dedicated to service companies of all industry sectors and all sizes – from medium-sized companies to global players. Over 30 years of industry experience provide us with the necessary knowledge and understanding to be trustworthy partners.

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Loren Guertin
Matter Communications on behalf of Serrala
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Jessica Manu
Serrala
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