Enterprise Receivables Management
Cashflow is the lifeblood of business. Today’s corporations face tremendous pressure to maximize receivables performance. Also known as trade credit, receivables are the most cost efficient resources to accelerate the cash flow.
Lack of timely information on receivables stored in multiple disparate systems, and the complexity introduced by disconnected manual processes, impede many finance executives’ ability to measure and monitor credit risk and collections efficiency.
Effective receivables management is based on strong credit policy management and automation of credit-to-cash processes, which increases the efficiency of cash conversion operations. Accelerating revenue cycles and decreasing credit maximizes the value of the firm.
Emagia provides a unified platform for managing all your order-to-cash processes seamlessly. Designed for high volume global operations, Emagia products are used by many credit and collections departments as well as finance shared service centers.
Emagia Receivables Management empowers working capital efficiency in Order-to-Cash processes to lower DSO, increase customer satisfaction, and maintain fiscal discipline. Order-to-Cash is defined as the business process flow comprising: customer data management, credit decisioning, standard invoicing/billing and electronic bill presentment, revenue recognition, cash receipt, cash application, collections (i.e., delinquencies, deductions, and claims/disputes), audit and financials compliance, and reporting.