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Serrala PSP Reconciliation
What it is
Serrala PSP Reconciliation automates the retrieval and processing of payment service provider (PSP) settlements for finance and accounts receivable teams. It can retrieve settlement information through files or an API and import it into an ERP system. The service connects to settlement and EPA files from payment processors and acquirers, converts the data into structured XML in CAMT.54 format, then reconciles transactions and allocates charges and fees to general ledger accounts. Rules automate matching, and structured data can be passed to cash application systems to reconcile sales, orders, or outstanding balances and view KPIs.
Serrala describes the service as cloud-based and adjustable to business needs. It says organizations can add PSPs to sales channels without additional back-office workload. A manufacturer case study describes use with FS² AutoBank in an SAP environment and reports 100% automation of PSP clearing transactions, with manual file transfers removed. The story also describes SAP import monitoring to prevent duplicate entries and workflows for identifying errors. Pricing is available on request.
For and against
For
- Retrieves settlement information through files or API.
- Converts settlement data to structured CAMT.54 XML.
- Rules automate matching and allocation.
- Supports cash application data and KPI visibility.
Against
- Pricing is available on request.
- SAP customer example uses FS² AutoBank.
The verdict
Serrala PSP Reconciliation brings settlement retrieval, reconciliation, and GL allocation into a cloud-based service.
Who it suits
It suits finance and accounts receivable teams handling PSP settlement retrieval, processing, and reconciliation. Organizations using an ERP system may also value its file and API retrieval options.
On the record
- Cash application data
- Structured information is made available to cash application systems for reconciling sales, orders, or outstanding balances and viewing KPIs.serrala.com · read 8 Oct 2026
- Cloud deployment
- Serrala describes PSP Reconciliation as a cloud-based service that is adjustable and scalable to business needs.serrala.com · read 8 Oct 2026
- Company
- Serrala says it has more than 2,800 customers globally, 750+ people, and 13 hubs across Europe, North America, and India.serrala.com · read 4 Oct 2026
- Connectivity
- The service connects to payment processors or acquirers and handles settlement and EPA files.serrala.com · read 8 Oct 2026
- Customer example
- In a published manufacturer case study, Serrala says PSP clearing transactions reached 100% automation with straight-through processing and no manual file transfers.serrala.com · read 8 Oct 2026
- Deployment
- Serrala describes the service as cloud-based, adjustable, and scalable to business needs.serrala.com · read 4 Oct 2026
- File processing
- It harmonizes and converts file formats, then reconciles translations and allocates charges or fees to GL accounts.serrala.com · read 4 Oct 2026
- Format conversion
- It harmonizes and converts settlement data into a standardized structured XML meta format, CAMT.54.serrala.com · read 8 Oct 2026
- Intended users
- The product sheet presents the service for finance and accounts receivable teams handling PSP settlement retrieval, processing, and reconciliation.serrala.com · read 8 Oct 2026
- Operational visibility
- The customer story says the manufacturer used SAP visibility to monitor imports and prevent duplicate entries, with workflows to identify errors early.serrala.com · read 4 Oct 2026
- Pricing
- The product page directs visitors to contact Serrala for more information and does not state a price.serrala.com · read 8 Oct 2026
- Provider coverage
- Serrala says customers can integrate as many payment service providers into their sales channels as they want without additional back-office workload.serrala.com · read 8 Oct 2026
- PSP coverage
- The page says organizations can integrate as many Payment Service Providers into sales channels as they want without additional back-office workload.serrala.com · read 4 Oct 2026
- Purpose
- PSP Reconciliation automates settlement file processing between payment service provider settlement retrieval and cash allocation.serrala.com · read 8 Oct 2026
- Reconciliation
- It reconciles transaction data and allocates charges and fees to general ledger accounts.serrala.com · read 8 Oct 2026
- Reported outcome
- One global manufacturer reported 100% automation of PSP clearing transactions and straight-through processing that removed manual file transfers.serrala.com · read 4 Oct 2026
- Retrieval methods
- The product sheet says PSP settlement information can be retrieved via files or API and imported into an ERP system.serrala.com · read 8 Oct 2026
- SAP use
- A Serrala customer story describes PSP reconciliation using FS² AutoBank in an SAP environment and calls the solution SAP-certified.serrala.com · read 4 Oct 2026
