Emagia, a US-based artificial intelligence (AI)-powered digital receivables automation software provider, has announced plans to introduce its next-gen AI solution for B2B receivables automation at the 127th NACM Annual Credit Congress and Expo 2023 event in Grapevine, Texas. 

The NACM Credit Congress and Expo 2023 is aimed at bringing together industry leaders and professionals specialising in credit and financial management.

Emagia has designed its new AI-powered enterprise receivables management platform to provide collections, deductions, credit, invoicing, customer payments portal, cash application operations, and advanced analytics with exponential efficiency advantages. 

The company has also built an AI assistant called Gia, which is expected to serve as a copilot to credit teams by assisting them in achieving the hyper efficiency and scalability needed in the AI era.

Emagia CEO and founder Veena Gundavelli said: “We have been focused on educating and empowering the credit community with AI-powered solutions.  

“Emagia has been part of the NACM community for over a decade now and we look forward to unfolding our latest AI-powered credit solutions at the 127th NACM’s Annual Credit Congress and Expo 2023.”  

The AI-driven order-to-cash solutions provider claims to have processed more than $900bn in accounts receivable (AR) in more than 90 countries and has supported operations in more than 25 languages. 

This has been made possible with the company’s prebuilt connectivity to more than 170 banks, over 120 financial enterprise resource planning (ERP) systems, and more than 150 global payments options in over 135 currencies, said Emagia. 

The company’s receivables analytics solutions offer enterprise-grade pre-packaged business intelligence dashboards, analysis, visualisations, and forecasting capabilities for controlling the credit-to-cash cycle.