The major chemical company LyondellBasell has tripled automation rates of its cash application process with the Serrala solution FS² AutoBank for SAP. Key benefits include earlier cash postings and cost savings.
In this on-demand webinar, LyondellBasell discusses how they have automated to a major degree with FS² AutoBank for SAP from Serrala. The company not only automated processes for customer-related payments but also for vendor direct debits, tax reimbursements, and sweeps. Automated reconciliation of statements, intraday statements, and remittance advices helped accelerate the cash posting and reduce any unjustified blocked orders. Watch the webinar.