Payment terms for cash on delivery (COD) transactions differ from other payment methods as payment is collected upon delivery instead of upfront. With COD, customers do not need to make payment in advance, offering convenience and flexibility. However, sellers may incur additional risks associated with potential non-payment or returned orders.
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.
