Emagia Once Again Recognized as a Market Leader in IDC’s MarketScape for Enterprise Accounts Receivables Automation Applications

By AIT News Desk On Dec 23, 2020

For the second time in a row IDC has named Emagia as a Leader

Emagia, a leading provider of AI-powered fintech Software-as-a-Service (SaaS) platforms for receivables and treasury, announced that it has been positioned as a leader in IDC MarketScape: Worldwide Saas and Cloud-Enabled Accounts Receivable Automation Applications for Enterprise 2020-2021 Vendor Assessments.

IDC’s MarketScape, provides an in-depth review of vendors providing SaaS and cloud-enabled accounts receivable automation solutions for enterprises and discusses the criteria that are important for companies to consider when selecting a vendor. This report profiled Emagia’s SaaS solution strength for global enterprises, innovative next generation functionality, vertical industry solutions, customer satisfaction and partner ecosystem.

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“We’re excited to be recognized for the second time as a leader in SaaS accounts receivables automation by IDC. Our focus is to help enterprises reimagine their complex often inefficient order-to-cash operations and transform them into new digital age services – harmonized, intelligent, data-driven, touchless global processes augmented and assisted by AI-powered digital self-learning workforce,” said Veena Gundavelli, Founder and CEO of Emagia. “We are in the forefront leading and delivering AI/ML-based innovations and easy-to-deploy cloud-based SaaS solutions for accounts receivable that create extraordinary and exponential impact for our customers world-wide. This report shows how we are leading AR operations to the future of work, workforce and working capital cycle.”

For over a decade, Emagia has delivered highly innovative and award-winning SaaS-based order-to-cash automation platforms for global finance, F&A shared services and BPO organizations. Emagia’s next generation digital order-to-cash platform automates enterprise receivables and payments processes making them digital, touchless and hyper-efficient. This future-ready solution offers enterprises an integrated end-to-end solution for managing order release, credit risk, b******, receivables, collections, deductions, cash application, cash forecasting, electronic invoice presentment and payments. It adds and augments finance operations with AI assistant, Gia, trained with order-to-cash skills that elevate the finance customer service experience to new levels needed for the digital era.

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