No, credit sales are not the same as cash sales. Credit sales involve selling goods or services with the agreement that payment will be made at a later date, while cash sales require immediate payment upon transaction. The key difference lies in the timing of payment and the associated impact on cash flow and accounts receivable.
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 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.
