Banking PlatformEmagia Recognized For Enterprise Accounts Receivables Automation

PRNewswire PRNewswireDecember 23, 20204 min

Emagia, a leading provider of AI-powered fintech Software-as-a-Service (SaaS) platforms for receivables and treasury, today 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.

“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, billing, 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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