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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.