When a litigation hold is received, management must immediately implement procedures to preserve all relevant documents and electronic records related to the case. This involves notifying employees to halt any deletion or alteration of information and ensuring that all potentially pertinent data is secured and accessible. Prompt action is crucial to comply with legal requirements and avoid potential penalties for mishandling evidence.
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.
