Accounts receivable serves as a central business asset, representing the money owed by customers for goods or services rendered. Effectively managing accounts receivable ensures steady cash flow, supports operational needs, and contributes to overall financial stability. It plays a pivotal role in liquidity management and is essential for sustaining day-to-day operations and fueling growth initiatives.
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Emagia is a leading provider of AI-powered Order-to-Cash (O2C) automation platform that modernizes finance operations for midsize to large global businesses. Many global businesses and shared service centers use Emagia’s Autonomous O2C to transform to digital world-class operations in credit, invoicing and payments, receivables, collections, deductions, cash application and cash forecasting. Emagia solutions improve their customers DSO, cash flow, credit risk, operational cost, compliance and profitability.