The 6 Top Alternatives to Serrala

Finance teams use Serrala to simplify receivables and payments. But if you’ve outgrown it—or never quite got it working the way you wanted—there are smarter, more agile platforms available.

We’ve rounded up six of the best alternatives to Serrala. Each one is built to help you collect cash faster, reduce manual work, and give your team the visibility it needs.

The 6 Top Alternatives to Serrala

Below is an overview of the six strongest alternatives. We highlight what makes each platform unique and how they compare to Serrala on automation, integration and user experience.

1. Kolleno

Kolleno is an all-in-one AR automation platform built for modern finance teams. Unlike legacy systems, it combines collections workflows, payments, credit control, and customer communications in one simple interface. It’s a strong alternative to Serrala for teams that want fast onboarding, intuitive design, and actionable insights without the bloat.

Key features:

• AI-powered payment reminders and automated workflows
• Integrated customer portal and multiple payment options
• Real-time cash flow management dashboards and collections tracking
• Built-in credit risk scoring and invoice dispute management
• Fast implementation and flexible ERP integrations

G2 rating: 4.9*

2. HighRadius

HighRadius leverages artificial intelligence to automate receivables. Its solution encompasses credit management, electronic billing, cash application and collections, enabling finance teams to reduce manual tasks and focus on high‑value work. 

HighRadius integrates directly with SAP and other ERPs and uses predictive AI to prioritize high‑risk accounts and forecast payment dates. It also supports complex, multi‑ERP environments and reduces service costs by centralising credit, collections, disputes and cash application workflows.

Key features:

• AI‑driven automation – Uses artificial intelligence to streamline credit, billing, cash application and collections tasks.
• Credit management – Assesses customer creditworthiness to mitigate risk.
• Electronic billing & cash application – Enables digital invoice delivery, tracks payment status and automatically matches payments to invoices.
• Predictive collections – AI models forecast payment dates and prioritize accounts that require attention.
• Multi‑ERP integration – Integrates with SAP, Oracle and other ERPs, supporting global enterprises.

G2 rating – 4.3*

3. Kyriba

Designed for large enterprises, Kyriba provides a comprehensive liquidity and cash management platform. It pulls invoices from one or multiple ERPs, identifies eligible documents based on funder criteria and dispatches them to financing institutions. Kyriba also updates ERP systems on funding status and automatically settles repayments, delivering end‑to‑end visibility. Beyond receivables finance, the system offers modules for treasury management, risk mitigation and working‑capital optimization.

Key features:

• Liquidity management – Gives finance teams real‑time insight into cash positions and liquidity across global operations.
• Cash flow forecasting – Provides real‑time forecasting and dashboards that show Days Sales Outstanding (DSO) and other key metrics
• Risk management – Includes tools for interest‑rate, currency and credit‑risk management.
• Global integration – Connects with a wide range of banks and financial institutions to centralize cash operations.
• Receivables finance – Quickly dispatches invoices to funders and automatically settles repayments.

G2 rating – 4.5*

4. Coupa

Coupa’s Business Spend Management platform combines procurement, accounts payable and supply‑chain management in one cloud solution. It offers a procure‑to‑pay system that integrates sourcing, contracting and purchasing. AI‑powered spend analysis categorizes expenditure and provides actionable insights, while real‑time order tracking and guided buying steer employees toward preferred vendors. Coupa also manages supplier risk, contracts and inventory within the same interface.

Key features:

• Procure‑to‑pay integration – Unifies sourcing, contracts and purchasing for full visibility and control.
• Supply‑chain & inventory management – Models the supply chain and tracks inventory levels to prevent shortages.
• AI‑powered spend analysis – Analyzes spending patterns and highlights savings opportunities.
• Guided buying & supplier risk management – Uses AI to direct users to compliant suppliers and assesses supplier risk.
• AP automation – Automates invoice validation and provides multi‑level approvals.

G2 rating – 4.2*

5. Tipalti

Tipalti automates the entire procure‑to‑pay lifecycle, from intake to global payouts. Its AI‑powered invoice capture reads line items in 32 languages and matches invoices to purchase orders. The platform includes customized approval workflows, built‑in budget controls and three‑way matching to prevent overpayment. 

Tipalti supports payments to 196 countries in 120 currencies with multiple payment methods and provides tax form validation, fraud checks and audit trails to ensure compliance. The system integrates with QuickBooks, NetSuite, Xero, SAP Business One and other ERPs.

Key features:

• Global procure‑to‑pay automation – Digitizes purchase requests, approvals, PO creation and invoice matching.
• AI invoice capture & coding – Reads invoice data in multiple languages and applies the correct general ledger codes.
• Approval workflows & three‑way matching – Automatically enforces approval rules and matches invoices to purchase orders and goods received.
• Global payments – Processes payments across 196 countries and 120 currencies with various payment methods
• Compliance & fraud protection – Includes tax form validation, fraud checks and detailed audit trails.
• ERP integration – Connects with leading ERPs and accounting systems.

G2 rating: 4.4*

6. Versapay

Versapay is a collaborative accounts receivable platform designed to improve communication between businesses and their customers. It automates routine tasks and provides an online payment portal where customers can view and pay invoices. The platform’s collaboration tools make it easy for businesses to resolve disputes quickly, and its ERP integration ensures data consistency across systems. Versapay is particularly attractive to mid‑market companies looking to enhance customer experience while getting paid faster.

Key features:

• Automated notifications – Sends tailored payment reminders to customers.
• Online payment portal – Lets customers view and pay invoices through a secure portal.
• ERP integration – Syncs invoice data and payments with existing ERP systems.
• Collaboration tools – Enables real‑time communication with customers to resolve disputes or answer billing questions quickly.

G2 rating – 4.2*

Why Kolleno Is the Best Choice

While the solutions above are strong contenders, Kolleno stands out for its balance of automation, analytics and user experience. The platform’s AI‑driven collections workflows help teams prioritize accounts, automate follow‑ups and reduce manual tasks. Kolleno also offers a customer payment portal, real‑time reporting and seamless reconciliation of payments. It integrates with major ERPs like NetSuite, QuickBooks, Sage, Xero and payment processors such as GoCardless and Adyen. 

With an overall G2 score of 4.9*, Kolleno consistently delights its users. If you’re looking to automate collections, improve cash application and gain real‑time visibility into your receivables, Kolleno is the best alternative to Serrala.

Final Thoughts

Choosing the right AR/AP automation platform requires careful analysis of your business’s needs, the complexity of your financial processes and the level of automation you require. 

While Serrala is a strong player in the invoice‑to‑cash space, the 6 tools discussed above are excellent alternatives, but Kolleno is clearly the best choice. 

Looking for a platform that blends AI‑driven collections with advanced analytics? Book a demo to see the Kolleno platform in action.