Accounts receivable is classified as an asset account in the accounting records of a company. It represents the money owed to the company by its customers for goods or services provided on credit. This type of account is essential for tracking amounts receivable and assessing the company’s overall financial health and ability to manage cash flow effectively.
Reimagine Your Order-To-Cash with AI
Touchless Receivables. Frictionless Payments.
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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.
