Electronic invoicing works by digitally creating invoices within accounting software or specialized platforms. These invoices are then sent directly to the recipient’s email or integrated into their electronic payment system. Upon receipt, the recipient can review, approve, and process the invoice electronically, streamlining the billing and payment process.
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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 Enterprise Receivables Management System 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.