Serrala Partners with SIV.AG to Transform Bill Pay Processing
Serrala Partners with SIV.AG to revolutionize bill pay processing. Seamless integration for faster receivables and efficient payments solutions.
Hamburg, Germany - September 26, 2023 – SIV.AG, a provider of professional software solutions for the German and international energy and water industry, and Serrala, a leading global innovator in financial automation software, are pleased to announce their partnership. Serrala and SIV.AG share a common mission, to simplify the process of collecting payments through autonomous technology and this new alliance represents it.
"With the connection of Serrala to our software solution kVASy®, our customers can implement their outstanding receivables faster. The exchange of payment requests between the two solutions and the automated payment assignment are carried out smoothly. For the user, all processes and payment responses are 100% transparent at every stage," Dr. Ulrich Czubayko, solution architect at SIV. AG.
The new alliance will bring together our Alevate Bill Pay solution with kVASy®, the SIV.AG software suite, to enable organizations to generate and distribute payment links efficiently, with our solution’s messaging and online payment capabilities, bill and invoice payments will reach a significant customer base.
"At Serrala we are pleased to be able to support utilities on their journey toward digitization with our Bill Pay solution, its seamless integration with the kVASy-ERP® will support them in offering flexible, alternative payment methods to end consumers. This leads to a win-win situation: end users tend to pay faster as payment becomes more convenient and can be done directly. Utilities can look forward to the automatic posting of incoming payments, as all the necessary information is available to book incoming payments auto-magic-cally." Bernhard Bruns, Principal Solution Architect at Serrala.
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About SIV.AG | SIV.AG.de | SIV.AG is an established and innovative solution partner for the energy and water industry. With the freely scalable ERP software suite kVASy®, utilities can cover all market roles, divisions and supply processes of their core business. In the realization of new data-driven business models, digital ideas and non-commodity business, SIV.AG supports municipal utilities, network operators, meter operators and suppliers with innovative services. SIV.AG customers can freely choose between SaaS+, on-premise or hybrid solutions.
About Serrala
Serrala is a pioneer in financial automation with a global track record of nearly 40 years, currently serving over 2,500 customers around the globe.
Through our precision-engineered, award-winning suite of finance automation applications that use advanced and emerging technologies to automate all working capital related processes from Order to Cash, Procure to Pay, Cash and Treasury, we free the office of the CFO from the tech, mindset, and process shackles of the past.
We empower leaders to create a quality-driven autonomous finance machine that enables finance departments to deliver unmatched operational excellence where working capital is continually optimized, insights are available for real-time situation visibility, and risk can be better understood and managed, positioning your finance organization for success.