Managing accounts receivable involves monitoring and controlling outstanding invoices to ensure timely collection of payments from customers. Key practices include setting clear payment terms, sending regular reminders, and offering multiple payment options to facilitate prompt payment. Additionally, maintaining accurate records and promptly addressing any payment disputes can help improve cash flow and reduce the risk of bad debts.
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.
