Emagia Cash Application
Emagia Cash Application enables organizations to improve AR efficiency, reduce manual labor, and reduce the time between payment and posting. Cash application automation allows parallel processing of both bank and customer files. This allows users to receive remittance information directly from customers through EDI, Excel and PDF remittances and store the matching data until confirmation from the bank that the cash has been received. Using our matching algorithms, cash can be applied on multiple reference data including invoice number, PO number and Sales Order number.