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BRF, a global consumer goods company operating in 117 countries, faced challenges with manual and time-consuming payment processes that caused errors and delays, impacting cash flow and payment tracking. To address these issues, BRF partnered with Serrala, implementing a comprehensive financial solution consisting of payments automation, connectivity handling, format conversion, and cash application automation. The results have been transformative, automating payments to achieve significant time and cost savings while enhancing cash flow visibility and control, providing a clearer financial understanding. As a result, BRF now makes payments more efficiently and effectively, allowing them to focus on other crucial aspects of their operations. Centralizing invoices and payment executions has simplified payment tracking and management, reducing error risks. The automatic matching rate of Cash Application process, an impressive 85%, contributes to fewer errors and delays across diverse countries around the globe. The BRF story exemplifies how payment automation can enhance efficiency and visibility in payment processing. You will:

• See how 96% of all payments from Turkey, the Middle East, Africa, Europe, Asia, and Chile are processed through an end-to-end SAP-embedded flow.
• Learn how BRF achieved 89% improvement in operational efficiency for payments and an 85% auto matching rate for Cash Application.
• Uncover ways to reduce business continuity risk by outsourcing critical payment operations and maintenance activities.
• Explore how to quickly scale up bank connectivity.