The classification of receivables is a systematic process that is or are employed in accounting to categorize outstanding amounts owed to a business. It involves grouping receivables into distinct categories such as trade, non-trade, or current and non-current, providing a clear overview of a company’s outstanding claims. Proper classification is or are crucial for financial reporting, aiding in strategic decision-making and assessment of a business’s liquidity and credit risk.
Reimagine Your Order-To-Cash with AI
Touchless Receivables. Frictionless Payments.
Credit Risk
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Receivables
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Collections
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Deductions
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Cash Application
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Customer EIPP
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Digital World-class Leaders Use Emagia Order-to-Cash
Case study
Driving world-class efficiency in global accounts receivables operations spanning across
90
Countries
1000
Customers
170+
Connected Banks
Case study
Achieving world-class digital Order-to-Cash performance globally in 15 months
$4B
In Receivables
44
Countries
>95%
cash app rates
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Cali Bamboo Boosts Digital Credit Decisions with Emagia
How a green building materials company automated the tedious task of manual credit management, and accelerated customer onboarding using the Emagia credit application solution.
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Digital Credit Transformation for American Heart Association
How Emagia empowered one of the world’s largest voluntary organizations accelerate customer credit approvals and onboarding time, while reducing manual efforts in credit processing.
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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.
