A bank statement is a monthly document provided by a bank that details all transactions within an account over a specific period. For example, it includes deposits, withdrawals, checks cleared, interest earned, and fees charged, along with the starting and ending balances for the month. This statement helps account holders track their finances and verify the accuracy of their banking activity.
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.