Serina
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Serina is an AI-powered platform designed to revolutionize accounts payable (AP) workflows by automating the entire invoice processing cycle. It leverages advanced artificial intelligence and machine learning to extract data from invoices, streamline approvals, and integrate seamlessly with existing ERP systems. This robust solution targets businesses of all sizes seeking to eliminate manual data entry, reduce processing costs, enhance accuracy, and gain real-time visibility into their financial operations. Serina stands out by offering an end-to-end automation experience, transforming a typically labor-intensive department into an efficient, data-driven powerhouse.
What It Does
Serina automates the full accounts payable process, from invoice receipt to payment. It intelligently captures and extracts data from various invoice formats using AI, then performs automated two-way or three-way matching against purchase orders and goods receipts. The platform routes invoices through customizable approval workflows and integrates directly with major ERP and accounting systems, ensuring data synchronization and eliminating manual entry errors.
Pricing
Pricing Plans
Tailored solutions for businesses with specific needs, high invoice volumes, and complex integration requirements.
- Full AP Automation
- Intelligent Invoice Processing
- Automated Matching
- Custom Approval Workflows
- ERP Integrations
- +3 more
Core Value Propositions
Reduce AP Costs by up to 80%
Automating manual tasks like data entry and matching drastically cuts operational expenses associated with invoice processing.
Accelerate Invoice Processing
AI-powered extraction and automated workflows ensure invoices are processed and approved significantly faster, improving vendor relationships.
Enhance Accuracy & Compliance
Minimizes human error in data entry and matching, while enforcing approval policies to ensure regulatory compliance and reduce financial risk.
Gain Real-time Financial Visibility
Provides instant access to AP data, spend analytics, and payment statuses, enabling better cash flow management and strategic financial planning.
Use Cases
High-Volume Invoice Processing
Automating the intake, data extraction, and matching for businesses receiving hundreds or thousands of invoices daily or monthly.
Streamlining Global AP Operations
Managing invoices and approvals for multi-entity or international organizations with diverse currencies and regulatory requirements.
Enhancing Financial Control & Audits
Ensuring all expenditures adhere to company policies through automated approval workflows and providing a clear audit trail for compliance.
Improving Vendor Relationships
Facilitating quicker payments and transparent communication with suppliers through automated processing and a vendor portal.
Reducing Month-End Close Times
Accelerating the reconciliation process and ensuring all liabilities are accurately recorded before financial reporting deadlines.
Spend Analysis & Budgeting
Leveraging real-time data and analytics to understand spending patterns, identify cost-saving opportunities, and improve budget forecasting.
Technical Features & Integration
Intelligent Invoice Processing
AI-powered OCR and data extraction automatically capture details from invoices in various formats, minimizing manual data entry and improving accuracy.
Automated 2 & 3-Way Matching
Automatically matches invoices against purchase orders and goods receipts to ensure accuracy, compliance, and flag discrepancies for review.
Customizable Approval Workflows
Define and automate multi-level approval hierarchies based on company policies, amounts, departments, or vendors, accelerating the approval cycle.
Seamless ERP Integrations
Connects effortlessly with popular ERP systems like NetSuite, QuickBooks, SAP, and Dynamics 365, ensuring real-time data synchronization and eliminating data silos.
Vendor Management Portal
Streamlines communication and information exchange with vendors, allowing them to submit invoices and track payment status directly.
Fraud Detection & Risk Mitigation
Utilizes AI to identify unusual patterns or potentially fraudulent invoices, enhancing financial security and preventing losses.
Real-time Analytics & Reporting
Provides dashboards and reports with insights into AP performance, spend analysis, and bottlenecks, enabling data-driven decision-making.
Target Audience
Serina is primarily designed for finance departments, CFOs, controllers, and accounting teams within mid-sized to large enterprises that process a significant volume of invoices. It is ideal for businesses across various industries, including manufacturing, retail, healthcare, and services, seeking to optimize their accounts payable operations, reduce costs, and improve financial control.
Frequently Asked Questions
Serina is a paid tool. Available plans include: Custom/Enterprise.
Serina automates the full accounts payable process, from invoice receipt to payment. It intelligently captures and extracts data from various invoice formats using AI, then performs automated two-way or three-way matching against purchase orders and goods receipts. The platform routes invoices through customizable approval workflows and integrates directly with major ERP and accounting systems, ensuring data synchronization and eliminating manual entry errors.
Key features of Serina include: Intelligent Invoice Processing: AI-powered OCR and data extraction automatically capture details from invoices in various formats, minimizing manual data entry and improving accuracy.. Automated 2 & 3-Way Matching: Automatically matches invoices against purchase orders and goods receipts to ensure accuracy, compliance, and flag discrepancies for review.. Customizable Approval Workflows: Define and automate multi-level approval hierarchies based on company policies, amounts, departments, or vendors, accelerating the approval cycle.. Seamless ERP Integrations: Connects effortlessly with popular ERP systems like NetSuite, QuickBooks, SAP, and Dynamics 365, ensuring real-time data synchronization and eliminating data silos.. Vendor Management Portal: Streamlines communication and information exchange with vendors, allowing them to submit invoices and track payment status directly.. Fraud Detection & Risk Mitigation: Utilizes AI to identify unusual patterns or potentially fraudulent invoices, enhancing financial security and preventing losses.. Real-time Analytics & Reporting: Provides dashboards and reports with insights into AP performance, spend analysis, and bottlenecks, enabling data-driven decision-making..
Serina is best suited for Serina is primarily designed for finance departments, CFOs, controllers, and accounting teams within mid-sized to large enterprises that process a significant volume of invoices. It is ideal for businesses across various industries, including manufacturing, retail, healthcare, and services, seeking to optimize their accounts payable operations, reduce costs, and improve financial control..
Automating manual tasks like data entry and matching drastically cuts operational expenses associated with invoice processing.
AI-powered extraction and automated workflows ensure invoices are processed and approved significantly faster, improving vendor relationships.
Minimizes human error in data entry and matching, while enforcing approval policies to ensure regulatory compliance and reduce financial risk.
Provides instant access to AP data, spend analytics, and payment statuses, enabling better cash flow management and strategic financial planning.
Automating the intake, data extraction, and matching for businesses receiving hundreds or thousands of invoices daily or monthly.
Managing invoices and approvals for multi-entity or international organizations with diverse currencies and regulatory requirements.
Ensuring all expenditures adhere to company policies through automated approval workflows and providing a clear audit trail for compliance.
Facilitating quicker payments and transparent communication with suppliers through automated processing and a vendor portal.
Accelerating the reconciliation process and ensuring all liabilities are accurately recorded before financial reporting deadlines.
Leveraging real-time data and analytics to understand spending patterns, identify cost-saving opportunities, and improve budget forecasting.
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