Accounts Receivable Management for Service Businesses involves tracking and collecting payments from clients for services rendered. It includes strategies to ensure timely invoicing, follow-up on overdue payments, and maintaining accurate records. Effective management improves cash flow and strengthens client relationships, crucial for sustained business growth.
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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.