Payference delivers accounts‑receivable automation software that streamlines collections and reduces Days Sales Outstanding. Now integrated into Serrala’s Alevate AR platform, the cloud‑based solution offers end‑to‑end order‑to‑cash workflow automation, cash‑flow optimization, and scalable integration with existing finance systems.
Funding
Funding not disclosed
Founders
Product
Problem
Many midsize and enterprise organizations struggle with manual accounts‑receivable processes that lead to high Days Sales Outstanding, limited cash‑flow visibility, and inefficient collections management.
Solution
Payference provides a cloud‑based AR automation platform that streamlines the entire order‑to‑cash cycle. Integrated into Serrata’s Alevate suite, the solution leverages an end‑to‑end finance platform to automate invoice delivery, payment reminders, and dispute handling. Real‑time analytics give finance teams visibility into outstanding balances and cash‑flow forecasts, enabling proactive collection actions. The platform scales with enterprise needs and connects to existing ERP and accounting systems, reducing manual effort and accelerating cash inflows.
Target Audience
Primary customers are finance and treasury departments of midsize to enterprise organizations seeking to modernize their accounts‑receivable operations.
Features
- Automated collections workflow that schedules reminders, escalations, and payment plans without manual intervention
- Real‑time DSO monitoring and cash‑flow dashboards for actionable financial insights
- Cloud-native architecture with seamless integration to ERP, CRM, and banking systems via APIs
- Configurable rules engine to tailor collection strategies, payment terms, and dispute resolution processes
- Scalable infrastructure supporting both midsize and large enterprises within a single platform