Data capture automation in cash application refers to the process of automatically extracting payment information from various sources such as emails, bank statements, and remittance advice. Utilizing advanced algorithms, this technology identifies and captures relevant data points like invoice numbers, payment amounts, and dates. By streamlining data entry tasks, it enhances efficiency, accuracy, and speed in cash application processes.
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.
