Accounts receivable (AR) teams grapple with several recurring challenges when dealing with remittance advice. Firstly, deciphering inconsistent formats across different clients often leads to confusion and delays in processing payments. Secondly, incomplete or missing information on remittance advice slips complicates accurate allocation of funds, requiring additional time and effort for reconciliation. Lastly, managing diverse payment methods from various sources adds complexity, demanding adaptable systems to ensure smooth transactional flow.
Learn More Download eBook Read Blog
Reimagine Your Order-To-Cash with AI
Touchless Receivables. Frictionless Payments.
Bringing the Trifecta Power - Automation, Analytics, AI
Recommended Digital Assets for You
Suggested Resources
Optimizing your Order-to-Cash Operations to Enhance Working Capital
Global Order-to-Cash: Learn how digital transformation changes your 3Ws- Work, Workforce and Working Capital Cycle
Data-Driven Finance for Achieving Excellence in Order-to-Cash Operations
The 3 A’s You Need for the Future of OTC -Automation, Analytics and AI
Add AI to Your Order-to-Cash Process
AR Automation for JD EDwards
AR Automation for SAP
AR Automation for Oracle
AR Automation for NetSuite
AR Automation for PeopleSoft
AR Automation for MS Dynamics
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.
