Serrala raises the bar for Accounts Receivable (AR) with the launch of its new Cash Application capabilities, now part of the Alevate AR cloud solution. Designed to eliminate the headaches of manual cash allocation, this fully ERP agnostic, AI powered solution gives finance teams a faster and smarter way to match payments and remittances, cutting days of work down to minutes. With this launch, Serrala offers a complete cloud-native AR solution for the realities of today’s finance teams: automation at scale, seamless integration with any ERP system, and real-time visibility into receivables. Early adopters are already seeing measurable impact: up to 85% straight-through processing rates, a 90% reduction in manual processing and up to 75% faster cash application cycle times. Companies also report up to 40% fewer full-time resources needed to manage cash allocation tasks, freeing teams to focus on becoming more strategic. Nils Strachanowski, VP Product Order to Cash at Serrala said, “Alevate AR, with its advanced cash application capabilities, removes ERP limitations and delivers full transparency and intelligent automation across the entire receivables process regardless of platform. This marks a significant leap toward fully connected, data-driven finance operations. The solution also streamlines deduction handling, reduces error rates and misapplied payments, and delivers real-time KPI dashboards for metrics like DSO and working capital, putting actionable insights directly in the hands of decision makers.