To enhance a 95%+ item automation rate in cash application, businesses can implement advanced machine learning algorithms for better data extraction and matching accuracy. Additionally, optimizing data quality through regular audits and refining rule sets can further improve automation efficiency, minimizing manual intervention and streamlining the cash application process.
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.
