Improve your cash application performance and cash application efficiency with Emagia’s AI-powered Cash Application software. The solution helps you achieve key cash application metrics, including 95% and above touchless and frictionless cash posting, while reducing the time and effort involved with manual cash application process.
Emagia Cash Application comes with pre-built integration with Open Banking APIs, BAI2, MT940, CAMT.053, EDI data formats. It automatically extracts payments and remittance information from multiple sources in many different formats, and applies it to open invoices with straight-through processing. The intelligent solution is integrated with leading banks, electronic lockboxes and ERP systems such as SAP, Oracle, NetSuite, JDE, PeopleSoft, and other.
Emagia AI-powered cash application empowers businesses to manage the difference between various ERP systems including cash application for SAP, cash application for Oracle, and so on.
Leverage Emagia’s Cash App Automation Solutions to:
- Auto-capture global payments, remittances, and lockbox data by 97% (or higher).
- Achieve 95% and above auto-matching.
- Reduce manual activities by more than 90%.
- Reduce costs and improve efficiency.
- Automate data feeds from the lockbox and banks.
- Provide intelligent matching and recommendations.
- Improve cash flow predictability and performance.