The Cash Application Process involves several key steps: First, receipts are collected and recorded. Next, payments are reconciled with outstanding invoices, followed by the allocation of funds to the respective customer accounts. This systematic approach ensures accurate tracking and efficient handling of incoming cash transactions in an organization’s financial operations.
Reimagine Your Order-To-Cash with AI
Touchless Receivables. Frictionless Payments.
Credit Risk
Receivables
Collections
Deductions
Cash Application
Customer EIPP
Bringing the Trifecta Power - Automation, Analytics, AI
Recommended Digital Assets for You
Suggested Resources
Digital World-class Leaders Use Emagia Order-to-Cash
Case study
Case study
Case study
Cali Bamboo Boosts Digital Credit Decisions with Emagia
Case study
Digital Credit Transformation for American Heart Association
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 Enterprise Receivables Management System 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.