Handling matching with payment variations involves employing flexible matching algorithms that can accommodate different payment amounts or references. Advanced software solutions utilize configurable rules and tolerance thresholds to accurately reconcile payments despite variations. Additionally, exception handling mechanisms allow for manual review and resolution of discrepancies, ensuring precise matching and streamlined cash application processes.
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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.