A bank statement is a summary of all financial transactions within a specific period for a bank account. It includes details such as deposits, withdrawals, and balances, providing a snapshot of account activity. Typically issued monthly, bank statements are crucial for monitoring finances, budgeting, and reconciling records.
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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 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.
