Managing your business’s creditors involves maintaining open communication to negotiate favorable payment terms and prioritize outstanding debts based on urgency and interest rates. Implementing efficient invoicing and payment tracking systems helps stay organized and ensures timely payments, fostering positive relationships with creditors. Regularly reviewing financial statements and cash flow forecasts aids in budgeting and identifying opportunities to negotiate better terms or settle debts strategically.
Reimagine Your Order-To-Cash with AI
Touchless Receivables. Frictionless Payments.
Recommended Digital Assets for You
Suggested Resources
Transforming Order-to-Cash with Emagia Global Deployment: Watch the ConvaTec GBS Success Story
Digital Order-to-Cash: A Roadmap to Collections Automation (Part 2 – Keeping the Customer and Maximizing Cash Flow)
The Journey to Smarter Accounts Receivable Management with AI
Accounts Receivables Analytics: What is it, and why is it so important?
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.
