Case Study: UTA Edenred achieves faster, more reliable cash application with Serrala Alevate AR Cash Application

UTA Edenred streamlines 50,000 monthly payments with Serrala

UTA Edenred, a leading European mobility service provider, faced significant challenges in managing its complex cash application processes. Handling tens of thousands of payments monthly across multiple currencies and bank accounts, their heavily manual operations were time-consuming and struggled to keep up with growth and real-time credit limit requirements. To address this, they turned to their existing vendor, Serrala, to implement the Alevate AR Cash Application solution.

Serrala implemented its Alevate AR Cash Application in a phased approach, automating the bulk of UTA's manual remittance management. The solution provided advanced automation, multi-bank compatibility, and streamlined processing for high transaction volumes. As a result, UTA achieved faster payment allocation, improved credit limit management for uninterrupted customer service, and future-proofed its operations for upcoming regulatory changes. Serrala's solution successfully handled the immense scale of UTA's operations, processing up to €250 million monthly.

UTA Edenred