Emagia AI-powered Cash Application is a next-generation cloud-based platform, seamlessly integrated with leading banks, lockboxes, ERP systems, email inboxes, and customer AP portals. This comprehensive solution includes Gia, AI copilot pretrained for cash application function and revolutionizes the way global organizations manage their cash flow, with exponential efficiency in financial operations.

Add AI-powered Cash Application to Your ERP Systems

Experience the Emagia Advantage

Emagia AI-powered Cash Application streamlines your cash application process, dramatically reducing manual data capture and auto-matching efforts by over 95% and accelerating cash posting to your ERP system.

Leveraging AI, automation, and analytics, it connects to banks for daily payment data, aggregates remittances from diverse sources, and automatically matches payments to invoices while efficiently handling deductions for quick reconciliation and dispute resolution. This process not only speeds up cash posting but also ensures high accuracy while reducing revenue leakages on deductions. Gia, AI copilot for cash application greatly enhances the customer experience while increasing the process efficiency.

How a Global Medical Supplies Leader Achieved Over 90% Auto-cash Posting.

Cash Application Solutions Highlights

Single Cash Application

Single Cash Application Platform for Multiple ERPs

ERP systems differ. Emagia’s Digital Cash Application is capable of managing those differences across ERPs with AI.

Lockbox Data Capture

Cognitive Remittance and Lockbox Data Capture

Automate data capture from cheque images, lockbox files, email remittance PDFs and bank statements in multiple languages.

Seamless Banking

Seamless Banking Integrations

Pre-built integration with over 170+ global and local banks, Open Banking APIs, BAI2, MT940, CAMT.053, EDI data formats.

Remittance Auto-aggregation and Deductions Auto-coding

Remittance Auto-aggregation and Deductions Auto-coding

Data gathering of remittances from multiple customer AP portals and POD/BOL information from logistics provider portals, auto-coding of deductions.

AI-driven Auto-match Engine

AI-driven Auto-match Engine

Auto-match invoice-to-receipts and posting automation using AI/ML and hundreds of pre-built rules.

Digital Assistant Gia for Cash Application

Digital Assistant Gia for Cash Application

Automated digitally assisted voice, chat and email correspondence to customers to collect remittance information.


Digital World-class Leaders Use Emagia Cash Application Automation

Case study
Driving world-class efficiency in global accounts receivables operations spanning across
Case study
Achieving world-class digital Order-to-Cash performance globally in 15 months
In Receivables
cash app

Digital Cash Application Cloud
for Global Businesses

Global businesses face several challenges in cash application, including managing high volumes of transactions across various currencies and banking systems, reconciling payments from multiple channels with diverse remittance information and with many deductions codes. The manual effort required to gather remittance information, match payments to invoices accurately is substantial, increasing the risk of errors and delays. These challenges can lead to inefficiencies, affect cash flow visibility, and ultimately impact a company’s financial health and operational efficiency.

Emagia transforms financial management by significantly improving global financial efficiency, reducing operational costs, and increasing accuracy. It also minimizes revenue losses and enhances compliance efforts, establishing a new standard for financial management excellence.

cash application process flow diagram
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Emagia Named in CNBC World’s Top 200 Fintech Companies for 2023.

Gain Exponential Advantage in Cash Application

High Match Rates

Achieve industry-leading intelligent auto match rates of 95% and above

Touchless Data Capture

Auto capture global payments, remittances and lockbox data touchless by over 97%

Intelligent Exception Handling

Resolve exceptions and disputes with smart suggestions

Predictive Matches

Emagia’s ML & AI predictive matching minimizes cash applicator time, efficiently handling unidentified receipts

Multi-ERP, Multi-Language, Multi-Lockbox, Multi-Currency Support

Support invoices across multiple ERPs, multiple languages, multiple currencies and lockboxes

Reduce Overhead

Reduce the efforts associated with manual cash application process and free up staff for more strategic tasks

Improve Cash Flow Forecasting

Gain necessary intelligence to create short-term and long-term cash flow strategies

Learn How Global Enterprises
Can Transform Order-to-Cash Operations with Emagia

Enterprise Receivables Management System

Credit Risk Management

Automates the credit management process with digital applications & approvals, helps onboard customers faster.

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Provides a single view across multiple business entities including AR amounts, DSO, credit utilization, disputes and payment behavior.

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Provides the necessary tools and actionable insights collectors need to maximize their cash conversion efficiency.

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Streamlines and automates dispute resolution processes globally across the entire organization by setting up reason codes and workflows.

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Customer EIPP Portal

Customer EIPP Portal

Empowers customers with 24×7 access to their invoices & statements, sends alerts on upcoming payments, and helps resolve disputes sooner.

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Gia Docs

Gia Docs: Intelligent Document Processing

Reads finance documents and extracts information using intelligent document processing service.

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Lead From The Future. The Future is with AI.

Want to Learn More About AI-powered Order-to-Cash Automation with Emagia?

Related Resources

Frequently Asked Questions (FAQs)

Cash application is a process that involves matching all incoming payments to the corresponding invoices/customer accounts, and remittances. Unless this mapping is done and cash is posted in the ERP, funds will not be available for use in the business. Cash application is a key part in the Accounts Receivable process.
Some of the key challenges associated with cash application process include:

  • Data capture from emails, documents, bank files and vendor portals which is very complex
  • Matching invoices to receipts is often complex and time consuming involving several rules
  • Data entry and posting into different ERP systems is very tedious and error-prone
A critical advancement in technology for cash application is the utilization of Artificial Intelligence (AI). AI-powered cash application software can help achieve 95% and above touchless straight through cash posting while drastically reducing the time and effort involved with manual cash application processing. AI can automatically extract remittance data from multiple sources in many different formats, handle data entry and auto-apply the payments to open invoices. This is a giant leap in the evolution of cash application.

Emagia AI-powered Cash Application Solution puts AI to work to eliminate inefficiency in your cash application process. Using this intelligent cash application software, you can auto-match payments to invoices and remittances, and speed up cash posting directly into your ERP system. The intelligent cash app software resolves any discrepancies on cash receipts with automated dispute resolution.

Emagia Cash Application can process multiple formats of remittances through Machine Learning Models. Typical formats include Remittance in Email body, Remittance files in PDF, JPEG, Excel, CSV formats etc.
Sources of payments can be Open Banking APIs, Banking Portals, SFTP Sites etc.
Emagia Cash Application solution handles remittances from e-mails as body content and attachments, AP Portals, Customer Portals and SFTP sites.
Emagia Cash Application process supports formats such as BAI2, MT940, CAMT.053, EDI etc.
Gia, Emagia’s Cognitive Digital Financial Assistant, extends support to gather the remittance information directly from the customer.
The solution is capable of aggregating and extracting information from various payment and remittance sources and match against open invoices. The solution extends this through customer and invoice identification algorithms that operate at multiple levels. At the invoice level, options to match based on alternate reference, partial/truncated invoice numbers are part of the matching capabilities of automatic cash advance application.
For On-account/ Unapplied Payments, the solution provides suggested matches from the open invoices of the customer based on algorithms enabling faster exception handling.
Yes, this cash application specialist handles cross currency matching
In a typical B2B environment, matching payments to invoices and remittances is complex. Because payments and remittance advice notes come in many channels, in various formats, in multiple document types, across countries and regions and in many languages and currencies. All this adds up the complexity of cash app application, making the process of applying cash error-prone, inefficient and time-consuming.
More than 95% of the B2B transactions are made on credit. The faster a supplier applies cash, the faster they can use the funds back in business, the faster they can replenish the credit. Even though a buyer makes a prompt payment, if there is any delay in the supplier’s cash application process, credit will not be replenished for the buyer until the payment is mapped to the outstanding invoice and remittance, and cash is posted. This translates to a lost opportunity for both the buyer and the supplier. This is where automation of cash application helps.
Emagia Cash Application can process multiple payment formats including Lockbox, Checks, Checkstubs, Bank statements etc.
Emagia Cash Application Solutions can be integrated with multiple ERPs including SAP, Oracle, JD Edwards, MS Dynamics, Netsuite.
The output from the system can be directly integrated with reconciliation systems, GL systems such as ERP systems, Blackline systems.
Emagia Cash Application solution supports document processing across 15 different languages including English, French, German, Polish, Italian, Spanish, and Portuguese.
Emagia Cash Application offers the option to match the existing credits vs. debits for any customer.
Gia Payments—powered by Emagia’s AI-powered Digital Payment Assistant Gia –enables customers to make digital payments and leading to quicker Cash Application.
The system supports ACH, Direct Debits, Credit Card, Debit Card, SEPA debits and other international modes.
AI/ML are used in the Data Extraction from payment and remittance files. Gia, Emagia’s AI-powered digital financial assistant, is enabled for gathering remittance information directly from the customer.

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