Serrala Group GmbH

Merck, a globally leading company in the fields of healthcare, life science and performance materials, has successfully automated their credit management processes by implementing an SAP-embedded solution delivered by Serrala.

KRONES the packaging expert for beverages based in Germany, has implemented Serrala's fully SAP-integrated solutions for cash and liquidity management. Implementing fully SAP-integrated modules has proven best practices for the company: as the solutions are directly embedded within their central SAP Enterprise Resource Planning (ERP) system, they could eliminate and risk-prone interfaces and double administration.

Automotive seating leader Adient optimises invoice processing within SAP in its Global Shared Service Center.

Nordson, a precision technology company with worldwide exposure, was able to improve its treasury insights into data quality particularly with regards to bank-related transactions, into processes and treasury KPIs with the support of the innovative technologies provided by Serrala: FinanceSuite (now available as next generation FS²) modules for Payments, Cash and Liquidity Management, and Cash Application.

Baloise successfully optimized their inbound and outbound payments processing for better treasury processes with Serrala. Since implementing the set of SAP integrated solutions, Baloise has been able to achieve significant improvements, such as being able to pay their customers faster, gain central control of payment authorizations and modify payments quickly (pension scheme). They have also been able to optimize interest rates.

Electrolux, a leading manufacturer of household appliances, has stunningly enhanced its cash application processes with Serrala’s FS² AutoBank solution. Using this SAP-embedded solution, the company has been able to achieve automatic matching rates of 73% for bank statements (with peaks of 84% for some company codes) and 67% for remittance advices (with peaks around 78%).

Siemens optimizes cash application with FS² AutoBank on a global scale. With the Serrala solution in place, the processing of bank statements, remittance advices and lockbox data is largely automated leading to significantly improved reconciliation rates.

Koch Media Group relies on Serrala's Credit Insurance solution. The SAP add-in solution is specially optimized for credit insurance management and is part of Serrala's comprehensive credit management solution that integrates seamlessly into SAP.

One of the leading international technology companies, ABB centralised and harmonised their cash application processing using Serrala's FS² AutoBank solution for their company-wide "Cash Applied Before Breakfast" project. Key drivers for the project were to increase transparency of the company-wide cash and to reduce local costs with a solution that was fully embedded within the SAP landscape.