Account reconciliations are typically prepared by individuals with a strong understanding of financial principles and accounting procedures, such as certified accountants or finance professionals. However, in smaller organizations, this task may fall to the finance team or designated personnel responsible for managing financial records. Regardless of the specific role, those preparing reconciliations should possess the necessary expertise and attention to detail to ensure accuracy and compliance.
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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.