Account receivables, often referred to as accounts receivable, represent the outstanding amounts owed to a company by its customers for goods or services delivered on credit terms. This asset category reflects the company’s expectation to receive payment within a specified period, typically one year or less. Managing account receivables involves tracking, invoicing, and collecting payments promptly to optimize cash flow and maintain liquidity.
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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 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.
