On the first day of the Annual Serrala User Meeting, Serrala, the international provider of solutions for inbound and outbound payments and related finance processes, and Trinity Management Systems GmbH, the provider of cloud-based treasury management systems, officially announced their strategic partnership.
Trinity’s comprehensive treasury management system is among the leading cash and treasury management solutions in the market serving more than 3,000 treasury experts in global operating companies such as Volkswagen and BASF as well as mid-sized companies from different industries. Serrala will white-label the Trinity TMS solution and offer it globally as Alevate TMS. Serrala and Trinity TMS will work together on further expanding and enhancing the functional scope of the product, including features catering to regional specificities globally. Serrala will make Alevate TMS available globally, implement the solution and provide global support for it. The solution will be available to both corporations and banks. Banks will be able to white-label the solution and sell it to their own corporate customers as part of the BCrest offering that was launched recently by Serrala.
“We are thrilled to begin our strategic partnership with Trinity, the long-standing TMS provider with over 20 years’ experience. Jointly, we are launching Alevate TMS, the new cloud-based Treasury Management System powered by Trinity. With Alevate TMS we further complement and enhance Serrala’s solution portfolio in the area of cash, liquidity and treasury management. The extended solution offering empowers customers worldwide to benefit from a truly holistic approach to managing all financial and treasury processes within one corporate system environment. The cloud solution can be easily combined with any enterprise system and will be an interesting new asset for our customers” says Sven Lindemann, CEO of Serrala.
“Working closely together with Serrala a leading global financial technology provider with regards to product development is a great opportunity for us and our customers. Through the partnership customers of both companies will gain access to further solutions along the whole financial supply chain enabling them to achieve integrated and automated processes for their inbound and outbound ecosystem” says Henning von Tresckow, CEO of Trinity Management Systems GmbH.
Serrala’s solution offering stretches across all financial processes within a company, from inbound and outbound payments to treasury processes and managing data and documents. With the new partnership, Serrala, a strong provider of SAP-based software, expands its growing footprint in the cloud-based solution space further giving customers the technological flexibility needed, ranging from on-premise to cloud solutions, hybrid models and managed services.