Diversifying payment options can significantly improve AR management by accommodating various customer preferences and enhancing payment flexibility. Offer a range of payment methods such as credit cards, electronic funds transfer (EFT), and online payment portals to cater to diverse customer needs. By providing convenient and accessible payment channels, businesses can expedite payment processing, reduce late payments, and improve overall cash flow.
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 Autonomous O2C 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.
