Cash application automation software digitizes remittance using OCR by scanning and extracting relevant information from remittance documents such as invoices, checks, or emails. Through advanced optical character recognition (OCR) technology, it converts paper-based or image-based remittance data into digital format, enabling seamless integration into accounting systems. This automated digitization process eliminates manual data entry, reduces processing time, and enhances accuracy, ultimately streamlining the entire cash application workflow.
Reimagine Your Order-To-Cash with AI
Touchless Receivables. Frictionless Payments.
Recommended Digital Assets for You
Suggested Resources
10 Reasons to Embrace Receivables Analytics
Deloitte: Using AI & Analytics to Improve Finance Operations
Fundamentals of New Generation Digital Order-to-Cash Solutions: Things you need to know
Transforming Order-to-Cash with Emagia Global Deployment: Watch the ConvaTec GBS Success Story
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.
