Examples of cash management include implementing cash flow forecasting to predict future cash inflows and outflows, optimizing working capital through efficient inventory management and accounts receivable/payable processes, and utilizing liquidity management techniques such as maintaining cash reserves or short-term investments to meet financial obligations and seize opportunities. Additionally, employing electronic payment systems and banking services like remote deposit capture or automated clearinghouse (ACH) transfers can streamline cash transactions and enhance operational efficiency.
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.
