2024 Gartner Magic Quadrant for Integrated Invoice-to-Cash Applications

Talk to Our I2C Transformation Experts.

The 2024 Gartner® Magic Quadrant™ marks the third consecutive year Emagia has been recognized by Gartner as “a Visionary” for Invoice-to-Cash (I2C) Applications.

Gartner® Research in the Invoice-to-Cash (I2C) Applications

Gartner noted that integrated I2C solutions have become a key and fast-growing requirement for most finance organizations. When executed at an elite level, I2C solutions can “result in faster collection of cash, improved visibility to cash flow, an improved customer experience, and reduced process cost,” according to the latest Gartner Magic Quadrant report.

Five Current Market Trends Related to Invoice-to-Cash Applications

1. An integrated solution remains a key driver of I2C technology investment.
2. AI and ML use cases are increasing.
3. I2C vendors offer enhanced e-invoicing compliance support.
4. Vendor focus on implementation and integration support is accelerating.
5. Partnerships are increasing.

Emagia is honored to be recognized as a Visionary in the 2024 Gartner® Magic Quadrant™ report integrated invoice-to-cash applications

Focus on AI

Emagia incorporates the use of artificial intelligence in more product modules than most other vendors in the industry. This includes the presence of our proprietary digital copilot GIA, which is embedded in everything from cash forecasting platforms to collections and customer invoicing.

Commitment to Innovation

Under Gundavelli’s guidnance, Emagia has kept a keen focus on the innovation, including new expansions of the Gia digital assistant and other blockchain-enabled technologies. We again in 2024 maintained one of the highest R&D spending levels (as a percent of revenue) in the I2C industry. Business Process Outsourcing partnerships have helped Emagia quell acquisition costs so that it can continue noted R&D activities.

Expansion

Emagia is in the midst of aggressive EMEA expansion that includes region-specific strategies, customer support and local partners and pricing. Our solutions are supported in supports more than 90 countries, 50 currencies and 25 languages, so far, with the ability to configure for additional local needs.

Talk to Our I2C Transformation Experts.

Schedule a call back

What Makes Emagia Preferred by Finance Professionals:
Gartner Peer Insights™ Reviews

A Generalized Review For Enterprise Receivables Management System

Overall great experience while using this application it provides user friendly interface that design makes is accessible to finance professionals of varying technical backgrounds. Navigating through the system is a breeze, and task such as invoice creation, payments tracking, and customer communication are simplified. Efficient invoice management this system enables businesses to create, customize and send invoices seamlessly. Automated invoice reminders and follow up have significantly improved our cash flow by ensuring that payments are received promptly. Its customization and scalability are highly adaptable to specific needs of different businesses. The system offers extensive customization options, allowing users to tailor it to their unique invoicing and collection processes.

Company Size: 500M - 1B USD

Industry: Consumer Goods

Streamline Invoicing and Accounts Receivable Tracking with Emagia

Enterprise receivables management system encompasses various modules of invoice to cash that covers invoicing accounts receivable tracking, payment processing and collection management. It has bring the automation to our processes and hence resulted in faster payment cycles and reduced errors.

Company Size: 1B - 3B USD

Industry: Real Estate Industry

Gartner Disclaimer

Gartner, Magic Quadrant for Invoice-to-Cash Applications, Tamara Shipley, Valeria Di Maso, Miles Onafowora, 6 May 2024

GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally, MAGIC QUADRANT and PEER INSIGHTS are registered trademarks of Gartner, Inc. and/or its affiliates and are used herein with permission. All rights reserved.

Gartner does not endorse any vendor, product, or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designations. Gartner research publications consist of the opinions of the Gartner research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

Gartner Peer Insights content consists of the opinions of individual end users based on their own experiences with the vendors listed on the platform, should not be construed as statements of fact, nor do they represent the views of Gartner or its affiliates. Gartner does not endorse any vendor, product or service depicted in this content nor makes any warranties, expressed or implied, with respect to this content, about its accuracy or completeness, including any warranties of merchantability or fitness for a particular purpose.

Global Business Leaders Choose Emagia

Emagia is a leading provider of AI-powered Order-to-Cash (O2C) Automation Platform that brings the combined power of Automation, Analytics and AI to the Accounts Receivable. Emagia offers a cloud-based, AI-powered automation platform for credit, receivables, payments, cash application, collections, deductions and cash management aimed at modernizing global finance operations for the digital age. Many global businesses and shared service centers use Emagia solutions to achieve digital world-class performance standards in their DSO, cash flow, credit risk, operational cost, compliance and profitability.

Emagia is Once Again Positioned as a Visionary in the 2024 Gartner® Magic Quadrant™for Invoice-to-Cash Applications