A cash application job involves the responsibility of accurately processing and reconciling incoming payments with customer accounts. Professionals in this role ensure that payments are correctly applied to outstanding invoices and resolve any discrepancies. Effective cash application is crucial for maintaining accurate financial records and a streamlined accounts receivable process.
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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.