Purchase order financing is a type of short-term funding used by businesses to fulfill large purchase orders from customers. This financing option provides capital to cover the costs of acquiring inventory or materials needed to complete the order, which is then repaid once the sale is completed. By leveraging purchase order financing, companies can manage cash flow more effectively and fulfill large orders without straining their resources.
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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.