Achieve unprecedented matching rates with fully automated cash application
Experience our cutting-edge, future-proof solution for seamlessly automating receivables matching and enabling real-time updates and posting in SAP ERP. Leveraging the power of artificial intelligence and machine learning, we take automation to new heights, drastically reducing manual work and eradicating unapplied cash. We stand ready to partner with you on your clean core approach, ensuring upgrades and migrations are hassle-free.
Benefits
Maximizes your cash application process with an match rate of up to 98 percent
Our solution is integrated, embedded and has the same interface as SAP ERP letting you apply cash in real-time. You can reach unmatched automation rates for your cash application process.
Reduce manual and repetitive cash application tasks by 85 percent
Avoid manual efforts for receipt and processing of remittance advices and manual import of bank files, reducing most tedious and error prone tasks in cash application. Our solution helps free up time for your teams, helping them focus on more value-adding tasks.
Reduce the final step of DSO, and free up cash
Say goodbye to unapplied and misapplied cash resulting from the high volume of outstanding invoices from different payment method. Get better access to key KPIs like DSO to plan collections better.
Features
Automates matching processes using AI, without relying on manually created rules
Even for complex scenarios, our intuitive setup shines. Harness information from bank statements, remittance advices, settlement files, and lockbox files seamlessly. Quickly adjust our pre-configured rule templates. Our transparent feedback loop ensures you can always refine and enhance your rules.
Provides a real-time cash application analytics dashboard
With our solution, you can seamlessly track automatic matching rates by company code, bank, customer, and other parameters. Monitor the evolution of your automation rate over time. Stay informed about key receivables indicators like DSO and working capital.
Delivers an unmatched and easy-to-use user interface
Our solution boasts an unmatched and user-friendly interface, ensuring a unified user experience within SAP S/4HANA. The responsive and intuitive SAP FIORI interface allows users to monitor the end-to-end cash application process seamlessly. SAP S/4HANA ready, supporting your clean core approach.
Plans and pricing
FS² AutoBank Standard Package
Bank statement processing
Remittance advice processing
Management workflows
Unlimited users
Comprehensive reporting
- Minimum contract 3 years
Bank statement processing
Remittance advice processing
Management workflows
Unlimited users
Comprehensive reporting
Technical Information
| Solution type | Extensions and Add-ons |
| Category | Treasury and Working Capital Management |
| Industry | Automotive, Oil, Gas, and Energy, Chemicals |
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The following information is provided by the publisher and applies to the latest app version available on the SAP Store. SAP does not control these policies and procedures; the publisher is solely responsible for the accuracy of the provided information.
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The following information is provided by the publisher and applies to the latest app version available on the SAP Store. SAP does not control these policies and procedures; the publisher is solely responsible for the accuracy of the provided information.
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| Privacy policy |
SAP's privacy policy is not applicable to the use of this app. Please refer to the privacy policy provided by this app's partner. |
Resources
Brochure FS² AutoBank
The Power of Automated Cash Application
Improve Cash Flow and Optimize Working Capital
Publisher
Serrala Group GmbH
Serrala is a global financial automation and B2B payments software company creating more secure payment capabilities worldwide for enterprises of all sizes. We are a leading fintech pushing the boundaries of finance software by integrating finance and treasury into one central ecosystem for corporate payments.
