Accounts receivable are assets which represent amounts owed to a company by its customers for goods or services provided on credit. They embody future cash inflows that contribute to the company’s working capital and financial stability. Monitoring accounts receivable helps assess the effectiveness of credit policies and the overall efficiency of cash flow management within the organization.
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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.