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Serrala

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Company health

Employee growth
8% increase in the last year
Web traffic
24% increase in the last quarter

Ratings

G2
4.2/5
(31)

Serrala description

Serrala provides software to automate financial tasks for businesses of all sizes, although they focus on mid-sized to large companies. Their products help manage invoices, payments, credit, collections, and risk, with a strong emphasis on security and optimizing cash flow. Serrala offers different installation options, including cloud-based and integrated with existing systems like SAP. They are a global company with a strong track record, trusted by many large companies.


Who is Serrala best for

Serrala is ideal for mid-sized to large businesses, especially in finance, looking to automate financial processes. Users praise its automation capabilities and user-friendly interface, particularly for bank reconciliation. However, some find the software's logic complex and implementation costly. If your company needs robust financial automation but is sensitive to pricing and implementation time, consider these factors.

  • Best fit for medium to large enterprises seeking financial process automation.

  • Serrala serves various industries but lacks specific industry-focused solutions.


Serrala features

Supported

Serrala offers billing and payment processing through its Alevate Bill Pay solution.

Supported

Serrala offers tools for cash flow forecasting and projecting future levels.

Supported

Serrala offers automated invoice processing, reducing manual work and improving compliance.

Supported

Serrala can send payment files to banks globally, supporting various formats and protocols.

Qualities

We evaluate the sentiment that users express about non-functional aspects of the software

Customer Service

Rather negative
-0.33

Ease of Use

Rather positive
+0.33

Reliability and Performance

Strongly positive
+1

Serrala reviews

We've summarised 31 Serrala reviews (Serrala G2 reviews) and summarised the main points below.

Pros of Serrala
  • Automates financial tasks, such as payment processing and bank statement retrieval.
  • High automation rate for payment allocation, saving time and resources.
  • Flexible rule creation for customizing automation processes.
  • User-friendly interface, especially for the Autobank module.
  • Good customer service and knowledgeable consultants.
Cons of Serrala
  • Difficult to understand the logic behind some features, especially those with many interdependent steps.
  • High implementation costs and time-consuming integration with S/4 HANA.
  • Costly upgrades and lack of affordable updates.
  • Support can be slow and inefficient, often requiring extensive back-and-forth communication.
  • Difficulty recognizing blockages, with unclear or non-existent error messages

Serrala pricing

The commentary is based on 8 reviews from Serrala G2 reviews.

Serrala offers powerful and efficient payment solutions but at a premium price. While users consistently praise its automation and time-saving capabilities, many find the licensing, implementation, and ad-hoc service costs high. Despite the expense, most consider Serrala's features and benefits worth the investment.

Users sentiment

Neutral
+0

Serrala alternatives

  • Logo of Global PayEX
    Global PayEX
    Automates and streamlines accounts payable and receivable processes.
    Read more
  • Logo of Payference
    Payference
    Automates receivables and predicts cash flow with AI.
    Read more
  • Logo of Kyriba
    Kyriba
    Real-time treasury management for smarter cash decisions.
    Read more
  • Logo of AvidXchange
    AvidXchange
    Automated invoice and payment processing for smoother business.
    Read more
  • Logo of Hopscotch
    Hopscotch
    Easy invoicing and bill pay, free, fast, and for small businesses.
    Read more
  • Logo of Rillion
    Rillion
    Automate, control, and simplify your bill payments.
    Read more

Serrala FAQ

  • What is Serrala and what does Serrala do?

    Serrala offers financial automation software for mid-sized to large businesses. Their solutions streamline tasks like invoice processing, payments, and risk management, focusing on security and optimized cash flow. They offer cloud-based and integrated deployment options, and are trusted by many large companies globally.

  • How does Serrala integrate with other tools?

    Serrala integrates with existing ERP systems, notably SAP. It offers flexible APIs and various deployment options, including cloud-based and on-premise solutions, facilitating connections with other financial software. This allows for streamlined data exchange and automation across different platforms.

  • What the main competitors of Serrala?

    Top alternatives to Serrala include HighRadius, SAP S/4HANA Cloud, and Coupa. These competitors offer similar financial automation solutions for businesses seeking streamlined processes for payments, billing, and spend management. Other options include SAP Concur, SoftLedger, and Cashbook.

  • Is Serrala legit?

    Serrala is a legitimate company providing financial automation software. User reviews praise its automation capabilities and user-friendly interface. However, some users mention high implementation costs and complex features. Consider these factors when assessing if Serrala is safe and suitable for your business.

  • How much does Serrala cost?

    I could not find pricing information for Serrala. Contact Serrala directly to obtain product pricing details and determine if the product is worth the investment for your business.

  • Is Serrala customer service good?

    Customer reviews on Serrala's service are mixed. While many praise the knowledgeable consultants and helpful customer support, others mention slow response times and difficulty getting support for complex issues. Some find the support team efficient and helpful, while others have had less positive experiences.


Reviewed by

MK
Michal Kaczor
CEO at Gralio

Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.

TT
Tymon Terlikiewicz
CTO at Gralio

Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.

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