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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.

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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.

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Four Goals Guaranteed to Improve Cash Flow

Your Virtual Credit Manager

If they are the result of a payment deduction (partial payment), an issue requiring an administrative solution, not handling the matter inflates your AR. Anytime there is a payment deduction or a partial balance is left on an invoice, it should be a matter of policy to resolve the underlying issue within 30 days.

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Resolve to Be More Proactive in 2024

Your Virtual Credit Manager

Share Streamlining Processes and Workflows Another area where being proactive can reduce downstream issues involves your order-to-cash (O2C) process and the tasks associated with it. Please feel free to share this newsletter with your small business customers. it just might help them pay you sooner!

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The Imperative for Modernizing Trade Credit

Your Virtual Credit Manager

Share You must be a paid subscriber to continue reading this article and learn how addressing customer analysis, customer experiences and order-to-cash process improvement is necessary to the modernization and digital transformation of trade credit Customer Analysis The first task Deloitte recommends involves customer analysis.

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AR Data Management, AR Automation, & Accelerating Cash Flow

Your Virtual Credit Manager

” This junk AR comes in a variety of forms, such as: Short payment/deductions Debit memos Unapplied credit memos Unapplied cash Late payment fees and other surcharges Early payment discounts taken but not deserved Clutter obscures the true amount a customer owes and causes confusion.

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

Emagia

The process can get more cumbersome if deductions are involved. Enterprises that have large number of customers across regions and huge volume of invoices can manage cash application quickly and efficiently only with automated AR solutions. How Does an Efficient AI-powered AR Software Benefit Businesses?