The first step in cash application is to receive incoming payments. This involves verifying the payment details against invoices or accounts receivable records. Once verified, the payment is allocated to the appropriate customer account.
Reimagine Your Order-To-Cash with AI
Touchless Receivables. Frictionless Payments.
Recommended Digital Assets for You
Suggested Resources
Emagia Customer Services: Transform Your Customer Financial Services to the Digital Age
Data-driven Finance For Your Accounts Receivables Operations
Intelligent Order-to-Cash Through Analytics, Automation, and AI
Digital Assistants: The New Normal to Boost Order-to-Cash Operations
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 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.
