Emagia VS Numberz.co

Emagia delivers an AI-powered fintech platform for receivables and treasury aimed to modernize finance operations for the digital age. Over a decade, Emagia has delivered highly innovative and award-winning order-to-cash automation platforms for global finance, F&A shared services, and BPO organizations. Powered by the Emagia AI platform, the Emagia Enterprise Receivables Management Suite (ERMS) brings an automation, analytics and AI trifecta to empower digital credit, digital receivables, digital collections, digital deductions, digital cash flow forecasting, digital cash application, and digital billing & payments. The Emagia Advanced Analytics Suite provides deep insights from descriptive, predictive, and prescriptive analytics for the entire order-to-cash cycle. Emagia’s Gia DIgital Finance Assistant is the next-generation conversational AI assistant designed to improve the productivity of financial staff and improve the digital finance experience of customers. Emagia Gia Docs AI is a cognitive data capture service for reading and extracting data from finance documents. Many companies across the world have achieved significant and sustainable improvements to their costs, compliance, control, and cash flow with Emagia solutions.

Receivables (unpaid invoices) are the 'cheapest' source of capital for any business. However all businesses, including corporates, struggle to manage it well. While ‘Customer Intent’ is usually touted as the core problem, the true reason : traditional, in-efficient & disjointed collections process These workflows don't get addressed by ERPs and CRMs. It's further aggravated by lack of utilisation of other financial services for AR (eg bureau data, risk scores etc). Result: high cost of collections, slower/no growth. This situation is made worse by macro events like downturns or a pandemic. numberz is an insights based, enterprise B2B Receivables (Invoice-2-Cash) cloud solution that integrates with ERPs/Accounting solutions and Financial Services, making ‘getting paid’ easier, faster, predictable. The platform lends itself to create a B2B network of sellers and buyers. With a combination of the transaction data and innovative financial services, it also helps the smaller buyers get cheaper financing to buy more and better manage cashflow.