Accounts receivable factoring is a financial arrangement where a company sells its outstanding invoices to a third-party financial institution, known as a factor, at a discounted rate. This enables the company to receive immediate cash flow rather than waiting for customers to pay their invoices. Accounts receivable factoring helps improve liquidity and provides businesses with working capital to address immediate financial needs or invest in growth opportunities.
Reimagine Your Order-To-Cash with AI
Touchless Receivables. Frictionless Payments.
Bringing the Trifecta Power - Automation, Analytics, AI
Recommended Digital Assets for You
Suggested Resources
Fundamentals of New Generation Digital Order-to-Cash Solutions: Things you need to know
Digital Receivables: Keeping the Customer and Maximizing Cash Flow
Digital Order-to-Cash: A Roadmap to Collections Automation (Part 2 – Keeping the Customer and Maximizing Cash Flow)
Global Order-to-Cash: Learn how digital transformation changes your 3Ws – Work, Workforce and Working Capital Cycle
Add AI to Your Order-to-Cash Process
AR Automation for JD EDwards
AR Automation for SAP
AR Automation for Oracle
AR Automation for NetSuite
AR Automation for PeopleSoft
AR Automation for MS Dynamics
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 Enterprise Receivables Management System 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.
