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Autodesk Selects Emagia Enterprise Cash Flow ManagementT Solution to Optimize Global Working Capital Management
Leading Design Software Company to Leverage Emagia Solution to Streamline and Bring Best Practices to Worldwide Cash Flow Processes
Santa Clara, Calif. September 8, 2004 - Emagia Corporation, the leading provider of Enterprise Cash Flow ManagementT solutions, today announced that Autodesk, the world's leading design software and digital content company, has selected Emagia Cash Inflow ManagerT to streamline and automate receivables management across its global operations. Autodesk expects to leverage the Emagia solution to drive significant operational efficiencies and cash flow improvements.
"Autodesk's corporate objective is to deliver superior business performance across our worldwide business segments," said Andrew Miller, Autodesk Vice President of Finance and Corporate Controller. "Emagia offered us a next-generation cash flow platform to serve as one of the underpinnings for our consolidated receivables management operations."
Autodesk will utilize the Emagia solution to gain end-to-end visibility into cash inflow and bring consistency to quote-to-cash processes such as dispute resolution and collections management. Emagia provides Global 2000 companies with tremendous benefits including rapid deployment and integration to back end systems, cash flow functionality based on best practices, and world-class customer support.
"Autodesk is a leader in its market and we look forward to driving superior cash flow performance at the company. Emagia is focused on delivering significant operational efficiencies and supporting the needs of global corporations." added Emagia CEO Veena Gundavelli.
About Emagia
Emagia Corporation is the leading provider of cash flow management solutions that streamline and automate cash flow processes for Fortune 2000 enterprises. Emagia solutions allow companies to realize benefits including maximizing cash conversion efficiency, facilitating strong internal controls for financial reporting and improved returns from cash flow management. Headquartered in Santa Clara, Calif., Emagia products integrate with SAP, Oracle, BaaN, PeopleSoft and other back-office financial systems.
For general information, call 866-
EMAGIA-1 or visit
www.emagia.com
Contact Information:
Lou Mohanty, (408) 492-8886 or
pr@emagia.com
Emagia is a registered trademark of Emagia Corporation.