Case Study: Thyssenkrupp achieves streamlined global payments and cash management with Serrala

thyssenkrupp AG automates finance across 670 subsidiaries with Serrala

thyssenkrupp AG, a major industrial engineering and steel production conglomerate, faced significant challenges due to a disparate IT landscape that caused a lack of cash visibility, manual processes, and a lack of automation. To support a move to a single SAP instance, thyssenkrupp partnered with Serrala to standardize and automate its global financial operations.

Serrala implemented its FS² solutions, including FS² Payments, FS² AutoBank, and FS² eBAM, which integrated seamlessly with SAP while also connecting data from dozens of legacy systems. This provided thyssenkrupp with a centralized platform that automated bank statement processing and reconciliation. As a result, Serrala helped thyssenkrupp streamline its finance processes, optimize working capital, and create a more effective internal IT infrastructure.

Thyssenkrupp