The accounting monthly close process is a systematic procedure businesses follow at the end of each month to finalize financial transactions and prepare accurate financial statements. It involves reconciling accounts, reviewing transactions, and ensuring compliance with accounting standards. This process aims to provide a clear snapshot of the company’s financial health and support strategic decision-making.
Reimagine Your Order-To-Cash with AI
Touchless Receivables. Frictionless Payments.
Recommended Digital Assets for You
Suggested Resources
10 Reasons to Embrace Receivables Analytics
Finance Transformation Blueprint for AR Shared Services
Gaining Control on Global Credit And Collections with Dashboards and Analytics
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.
