Accounts Receivable Assets represent amounts owed to a company by customers for goods or services delivered on credit terms. These assets are recorded on the balance sheet as a current asset and signify future cash inflows for the business. The balance of accounts receivable assets reflects the outstanding payments yet to be collected from customers.
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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.