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Emagia Showcases AI-Powered Receivables Automation at NACM Connect 2018

High efficiency automation tools for credit, collections and cash application from Emagia in NACM Connect annual credit conference

Emagia, a leader in the digital order-to-cash automation solutions today announced that it will showcase its next generation artificial intelligence-powered receivables management suite at the NACM connect Credit Conferences in St Louis, MO on Sept 19-20, in Chicago on Oct 17-18, 2018. The National Association of Credit Management (NACM) is the leading source of corporate credit and financial professionals for education, networking and resources. The NACM Connect Annual Credit Conferences connect the business credit community across nine states in the US from mid-west to north-east.

Emagia brings together a powerful end-to-end receivables automation platform, advanced analytics for insights and a digital cognitive assistant Gia – packaged  with AI/ML/RPA technologies for boosting entire order to cash cycle performance. Emagia automation platform enables digital credit, digital order management, digital invoicing and payments, digital collections, digital disputes resolution and digital cash application.

Read More: Insurtech: the new AI disruption is hitting insurance

“A shift to touchless transactions will transform operations as technologies like blockchain and AI reach deeper into finance. Human workers will be unleashed to support business decision-making,” according to Finance 2025, a research report published by Deloitte consulting.

“Digital, automation and AI can make significant impact on the accounts receivables operations. Cash application, for example, a very cumbersome and high-human touch process can be automated and made touchless for over 90 percent of the transactions with our artificial intelligence powered digital cash application solution. Organizations can gain significant efficiency gains in daily cash posting and can benefit from tangible increases in cash availability for working capital,” says Veena Gundavelli, Founder and CEO of Emagia Corporation.

Read More: The Promise and Potential of AI for the Insurance Industry

Emagia receivables automation platform has pre-built integrations with leading banks, lockboxes, leading ERP and legacy systems, major credit bureaus, major payment gateways and other systems needed for accounts receivables operations.  Emagia receivables analytics suite delivers advanced insights giving predictive, prescriptive and descriptive information on all aspects of order-to-cash process. AI-powered digital assistant for credit and collections, Gia comes with specific job skills and conversational abilities to augment, support and help improve efficiency of accounts receivables staff.

For over a decade, Emagia has been delivering highly innovative technology solutions to transform, automate and optimize order-to-cash operations in global finance departments, F&A shared service centers and for finance BPO companies.

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