To track accounts receivable effectively, maintain detailed records of customer invoices and payments, regularly reconcile accounts, and utilize accounting software with robust receivables tracking features. Monitor aging reports to identify overdue balances, follow up on outstanding invoices promptly, and implement proactive measures to manage cash flow and minimize bad debt risks.
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.
