Case Study: Heerema Marine Contractors achieves 95% automated global payments with Serrala

Heerema Marine Contractors cuts payment processing time by 45% with Serrala

Heerema Marine Contractors, a global offshore construction company, faced significant operational risks due to manual payment processes within its shared services center, which led to delays and errors. To address these challenges, Heerema partnered with vendor Serrala to automate and optimize its accounts payable and treasury workflows using the FS² Payments solution integrated with its existing SAP system.

By implementing Serrala's SAP-embedded solution, Heerema automated 95% of its global payments and achieved 100% straight-through processing for hedging. The results included a 45% reduction in payment processing time and a strong return on investment realized quickly through increased efficiency. Serrala's technology enabled Heerema to create a powerful, standardized payment factory and in-house bank.

Heerema Marine Contractors