article thumbnail

Top Use Cases for Order-to-Cash

Emagia

In the debut episode of the Emagia AI For Finance podcast series, Schmidt spoke about the growing role (and present) of automated collections and predictive analytics, among other autonomous finance and AI-fueled processes, as businesses recognize the transformative potential of AI.

article thumbnail

How CFOs can Tie Digital Order-to-Cash Initiatives to Enterprise-wide Strategy

Emagia

Capturing and analyzing internal and external data and presenting them in the most intelligent and actionable format, and as well intelligently acting on them need a seamlessly integrated digital application that leverages emerging technologies. topline, bottom line, and cash flow.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

AI-Powered Cash Application: How Does it Benefit the Cash Flow of Your Global Business?

Emagia

Digital technology has been around for some time from the days, but those applications including spreadsheets, ERP, and CRM only provided static output based on historical data. Cash application has a substantial impact on cash flow, which is arguably the most critical element in a business. Key Take Aways.

article thumbnail

AI, Inflationary Concerns Take Center Stage at NACM Connect’s Gateway Conference

Emagia

Credit professionals were particularly interested in cash app solutions as well as ChatGPT and Emagia’s brand new GiaGPT , which became the first generative AI order-to-cash copilot on the market upon the release of its free beta version on Sept.

article thumbnail

What is AI-powered Accounts Receivable Automation Software: How Does it Work and Benefit Businesses?

Emagia

Cash Application This process in AR management, if done manually, can consume a lot of time of AR team and make collection follow up difficult, and create a not-so-happy experience for both the team and customers. Businesses need quick order to cash conversion that is supported by an efficient account receivable processes.

article thumbnail

Autonomous Finance – The Future Of The Corporate Finance Office

Emagia

Intelligent forecasting and budgeting supported by automation tools can present unbiased insight into actionable items to help improve the top line, bottom line, and cash flow. By adopting emerging technologies like AI, ML, and Automation, such time-consuming and mundane tasks can be automated.

article thumbnail

Industry: Utilities

Serrala

Energy and utilities companies must innovate and look at how technology can increase the processing of financial data at a faster speed, whilst increasing cost efficiencies by improving timely bill payment, speedy cash application, and optimizing outbound payments.