ACH credit refers to an electronic transfer of funds from one bank account to another, initiated by the payer. This type of transaction is commonly used for direct deposits, salary payments, and other recurring transactions. It ensures secure, timely transfers between accounts without the need for physical checks.
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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.