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.
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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.
