A purchase order (PO) is a document issued by a buyer to a seller, outlining the details of products or services requested, including quantities and prices, and serves as an official order. An invoice, on the other hand, is a document sent by the seller to the buyer after the delivery, requesting payment for the goods or services provided. While a PO initiates the purchase, an invoice confirms the transaction and triggers payment.
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Touchless Receivables. Frictionless Payments.
Credit Risk
Receivables
Collections
Deductions
Cash Application
Customer EIPP
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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.