In business, AR stands for accounts receivable, referring to the money owed to a company by its customers for goods or services provided on credit. It represents the outstanding payments awaiting collection, which are typically recorded as assets on the company’s balance sheet. Monitoring AR is crucial for assessing cash flow, managing liquidity, and ensuring timely payment from customers to maintain financial stability.
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.
