PO flip, or Purchase Order flip, refers to the process of converting a purchase order into a corresponding invoice or receipt once the goods or services have been delivered. This practice streamlines the procurement and payment cycle by ensuring that the details on the purchase order match the invoice, facilitating accurate and efficient processing of payments. PO flipping helps in maintaining proper financial controls and records within an organization.
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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 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.