Cash application in Order-to-Cash (O2C) refers to the process of reconciling received payments with outstanding invoices. This vital step ensures accurate recording and application of payments to the correct customer accounts. Efficient cash application in O2C improves financial accuracy and aids in maintaining a smooth and transparent receivables process.
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.
