Emagia (logo) Optimize Working Capital
Home | Support | Sitemap | Careers | Contact Us 
Business Intelligence Software, Business Analytics, Analytics Engine, Analytics, DSO Reduction, Credit Collections Management Software, Collections Management Software, Collections, Collections Software, Collections Software Engine, Collection Tools, Cash Flow Management, Treasury Workstation, Treasury Management, Cash Flow Optimization, Cash Flow, Maximizing Cash Flow, Accounts Receivable, A/R, Trade Receivable, Aged Receivables, Factoring, Financing Receivables, Receivables, Bad Debt, Accounts Payable, A/P, Working Capital Optimization, Working Capital, Sarbanes-Oxley, Deduction Management, Dispute Resolution, Credit and Collections, Dunning Letters, Document Imaging, Delinquent Accounts, Commercial Collection, , Report Writer, Collections Software, Collections Management, Collaboration, Collaborative Finance, Financial Value Chain Management, Financial Value Chain, Business Process Improvement, Invoice to Cash, DSO, Days Sales Outstanding, Collector Performance, Accounts Payable Software, Past Due Software, Order Administration, Customer Relationships, Transaction Reconciliation, Supply Chain, Time and Expense, Float Management, Cash, Return on Investment, EIPP
Company | Solutions | Customers | Alliances | Services | News | Events | Resources  
News
Press Releases
News Coverage
 
 
Quick Links
Call Me
White Papers
Success Stories
Analyst Reports
Executive Guide
Data Sheets
Online Webinars
Value Assessment
Press Releases 2002
2001 | 2002 | 2003 | 2004

Back


Advanced Fibre Communications Selects Emagia To Improve Cash Flow Management


Industry Leader in Telecommunications Equipment Manufacturing To Deploy Emagia Collaborative Finance Suite


SANTA CLARA, Calif., Nov. 4, 2002 - Emagia Corporation, the enterprise cash flow management solutions company, today announced that Advanced Fibre Communications®, Inc. (AFC®) (Nasdaq: AFCI), an industry-leading designer and manufacturer of next-generation edge access equipment and multiservice broadband solutions for the telecommunications industry, has selected Emagia's cash flow management software to gain better visibility and control over its accounts receivables.

AFC, which has more than 800 telephone and service provider customers worldwide, selected Emagia Collaborative Finance Suite 2.3 to convert manual, spreadsheet-based processes to modern e-business tools. Additionally, the Petaluma, Calif.-based telecom equipment vendor seeks to use Collaborative Finance Suite to strengthen its ability to manage cash conversion cycles in an unpredictable economy.

"Having tight control of working capital can be the difference between success and failure, especially when markets are tough," said Keith Pratt, senior vice president and CFO of AFC. "Our goal is that by implementing Emagia's cash flow management solution, we will lower our operational costs and be poised for future growth."

AFC will use Collaborative Finance Suite to establish an e-business infrastructure that can scale with its finance department as revenues and collections activities increase. AFC expects greater accuracy in cash forecasting, increased collections efficiency and an increase in the operational efficiency of its finance and accounting departments.

"With Emagia, our cash flow processes not only can be automated for better efficiency, they can also be analyzed in greater depth for more informed decision making," said Pratt, who added that Emagia's Collaborative Finance Suite will be integrated with AFC's back-end financial system, BaaN, using pre-built adapters.

"We are pleased to add AFC to our growing list of customers," said Veena Gundavelli, president and CEO of Emagia. "Emagia customers typically realize a full return on their investment within just two months of going live, and we look forward to helping AFC do the same."

About AFC

Headquartered in Petaluma, Calif., Advanced Fibre Communications, Inc. is an industry-leading designer and manufacturer of broadband access solutions. With a customer base of more than 800 service providers worldwide, ranging from major incumbents to independent operators and international PTTs, AFC continues to build and support the world's evolving broadband access network architecture. AFC's comprehensive family of OmniMAXT products can be quickly and cost-effectively deployed by either domestic or international service providers to build next-generation access networks or to upgrade legacy access networks for delivering additional voice and emerging broadband services. For more information, please visit AFC online at www.afc.com.

Advanced Fibre Communications, Inc., AFC and the AFC logo are registered trademarks of Advanced Fibre Communications, Inc. OmniMAX is a trademark of Advanced Fibre Communications, Inc. Copyright 2002. All rights reserved. Any other trademarks are the property of their respective owners.

About Emagia Collaborative Finance Suite

Emagia Collaborative Finance Suite provides enterprise cash flow management around receivables, payables and other areas to optimize working capital. Emagia Collaborative Finance Suite 2.3 offers complete invoice-to-cash management of accounts receivables. It is the only web-based product offering receivables portfolio management, collections management, deductions management and online customer financials service. Collaborative Finance Suite 2.3 has pre-built integration kits to leading ERP packages such as Oracle Applications, SAP, BaaN, PeopleSoft and others.

About Emagia

Emagia Corporation is a leading provider of collaborative e-business software solutions that streamline and automate cash flow processes for medium-to-large enterprises. Headquartered in Santa Clara, Calif., the company focuses on optimizing working capital for its customers through enterprise cash flow management.

Contact Information
Media contact: Irwin Soonachan, Emagia Corporation, (408) 551-4903.
For general information, call 866-EMAGIA-1.

Emagia is a registered trademark of Emagia Corporation.
© 2004 Emagia Corporation. All rights reserved.   Legal Privacy Policy Careers Site Map