Driving Exponential Efficiency in Cash Application with AI | Emagia Master Classemagia
Driving Exponential Efficiency in Cash Application with AI
Major Advancements in the Digital Technologies for receiving and applying customer payments are gaining traction.
New hyper-efficient Digital Cash Application Solutions can deliver huge improvements in the cost, speed, and accuracy of applying cash
Digital future is here and is dramatically different from Yesterday’s Cash Application processing.
#emagia #emagiamasterclass #emagiacashapplicationautomationsoftware
https://www.emagia.com/master-class/driving-exponential-efficiency-in-cash-application-with-ai/
Digital Invoicing and Digital Payments | Electronic Invoicing | E-Invoicing S...Emagia
Digital Invoicing and Digital Payments
Maintain a healthier cash flow with Digital Invoicing and Digital Payments.
Digital is emerging as the latest industry trend for sending the customers request-to-pay reminders and giving them access to faster, more convenient payment options. Unlike the conventional paper-based invoicing methods, digital invoices can be sent to customers on mobile and email, accepting digital payments over credit card, ACH and bank-to- bank transfers.
https://www.emagia.com/resources/ebooks/digital-invoicing-digital-payments/
Modernizing cash application with the 3A's automation analytics and AIEmagia
Modernizing cash application with the 3A's automation analytics and AI
https://www.emagia.com/modernizing-cash-application-with-the-3as-automation-analytics-and-ai/
Accelerate cash flow and reduce costs with digital paymentsEmagia
Accelerate cash flow and reduce costs with digital payments
https://www.emagia.com/resources/ebooks/accelerate-cash-flow-and-reduce-costs-with-digital-payments/
Driving Exponential Efficiency in Cash Application with AI | Emagia Master Classemagia
Driving Exponential Efficiency in Cash Application with AI
Major Advancements in the Digital Technologies for receiving and applying customer payments are gaining traction.
New hyper-efficient Digital Cash Application Solutions can deliver huge improvements in the cost, speed, and accuracy of applying cash
Digital future is here and is dramatically different from Yesterday’s Cash Application processing.
#emagia #emagiamasterclass #emagiacashapplicationautomationsoftware
https://www.emagia.com/master-class/driving-exponential-efficiency-in-cash-application-with-ai/
Digital Invoicing and Digital Payments | Electronic Invoicing | E-Invoicing S...Emagia
Digital Invoicing and Digital Payments
Maintain a healthier cash flow with Digital Invoicing and Digital Payments.
Digital is emerging as the latest industry trend for sending the customers request-to-pay reminders and giving them access to faster, more convenient payment options. Unlike the conventional paper-based invoicing methods, digital invoices can be sent to customers on mobile and email, accepting digital payments over credit card, ACH and bank-to- bank transfers.
https://www.emagia.com/resources/ebooks/digital-invoicing-digital-payments/
Modernizing cash application with the 3A's automation analytics and AIEmagia
Modernizing cash application with the 3A's automation analytics and AI
https://www.emagia.com/modernizing-cash-application-with-the-3as-automation-analytics-and-ai/
Accelerate cash flow and reduce costs with digital paymentsEmagia
Accelerate cash flow and reduce costs with digital payments
https://www.emagia.com/resources/ebooks/accelerate-cash-flow-and-reduce-costs-with-digital-payments/
How to Improve Order-to-Cash Operations with Digital Assistant Gia | EmagiaEmagia
How to Improve Order-to-Cash Operations with Digital Assistant Gia
Learn how AI powered digital assistants are helping improve order-to-cash operations and results. This technology is not a vision of the future, it is already helping many companies – TODAY !
We will discuss how digital assistants assist customers 24/7/365, and which order-to-cash operations and repetitive tasks they can perform to free up your staff for higher value add work. Few of those are
https://www.emagia.com/resources/ebooks/how-digital-assistants-improve-order-to-cash-operations/
Top Financial Use Cases for Intelligent Document Processing | Use Cases of ID...Emagia
Top financial use cases for intelligent document processing
https://www.emagia.com/resources/ebooks/top-financial-use-cases-for-intelligent-document-processing/
How Intelligent Document Processing is Driving Accounts Receivable (AR) and A...Emagia
How Intelligent Document Processing is Driving Accounts Receivable (AR) and Accounts Payable (AP) Productivity
https://www.emagia.com/resources/ebooks/how-idp-is-driving-ar-and-ap-productivity/
Digital World Class Performance of O2C Shared Services | Order To Cash (O2C) ...Emagia
Digital World Class Performance of O2C Shared Services | Order To Cash (O2C) Automation
https://www.emagia.com/resources/ebooks/digital-world-class-performance-of-o2c-shared-services/
Intelligent OCR for NetSuite is an effective way to intelligently capture data from both email and paper invoices, eliminating the need for time consuming and costly manual data entry.
For NetSuite users needing to scan and capture both paper and email invoices who are dissatisfied with manual data entry or inefficient OCR software, Intelligent OCR is a cloud solution that intelligently captures all of the essential data into an approval workflow.
And unlike most methods of data capture, you can automate the entire process with 95% accuracy.
Open payment transaction APIs without compromising securityIxaris Systems
The idea of banks using APIs to 'open' their systems to third party developers is really popular now. That's fine when it comes to informational apps like Google maps. But with transaction data like card and other payments the security issue mean open APIs are not practical. PSPs have used hosted payments pages to circumvent this problem - OK but very limited control for the page developer often means poor UX. Tokenisation also helps but is quite limited and not suitable for interactions between user and app. This presentation explains a new approach by Ixaris which could revolutionize third-party development of transactional payments applications without compromising security.
The AI Advantage in Deductions Processing | Deductions Management Process | E...Emagia
The AI advantage in deductions processing
Learn how Artificial Intelligence (AI) can reduce manual work in deductions processing by over 80%. Deductions processing is a necessity but is also a low value activity. Over 95% of deductions are valid, resulting in issuing a credit to clear them from the accounts receivable ledger. The invalid deductions are difficult to collect from customers. A CFO’s reaction to this process is usually, “I don’t want to hire 6 people to issue credit memos”. However, if invalid deductions are not challenged, they will increase in frequency and value, significantly reducing gross profit margins.
https://www.emagia.com/resources/ebooks/the-ai-advantage-in-deductions-processing/
https://www.emagia.com/products/deductions-management-software/
25.09.2018 How to Improve Your Accounts Payable Processes & Save MoneyOpusCapita
Does your Accounts Payable department spend a lot of time on manual, paper-based tasks? Is the verification, approval and posting process for your purchase invoices streamlined? Is your AP department able to pay all purchase invoices on time?
Digital Invoicing & Digital Payments | Emagia Digital Invoicing Software | Di...emagia
Digital Invoicing & Digital Payments
2021 Big Year for Digital Invoicing and Digital Payments
The movement toward working from home has exposed the inefficiencies associated with paper invoices and paper checks in the B2B space. Banks were closed. Paper invoices and checks delivered to offices sat in unopened envelopes. Thus, the pivot to digital B2B invoicing and digital payments became an immediate priority for businesses.
Digital Invoicing (aka E-invoicing and E-billing) is electronic delivery of an invoice to a customer (vs paper invoice sent via Postal Service) by email, SMS, portal, EDI and other electronics channels.
Most Digital Invoicing applications include added functionality: (a) pull in data required for invoice from ERP for automated production of invoice, (b) include Credit/Debit adjustments, (c) electronic distribution and tracking (d) reminders and dunning
Digital Payments, aka Real Time Payments (RTP), and “Frictionless Digital Payments” are electronic payments that transfer funds and remit advice
Digital Payments are made directly between buyer and seller through a direct, secure, payment gateways using credit card, direct ACH debit or credit, wire, direct transfer on an Account to Account (A2A) basis.
Digital Invoicing & Digital Payments Synergy
Digital Invoicing, Digital Payments, and a Customer Care Portal are most powerful when offered together
The combination is appealing to small and medium size B2B customers & B2C customers to deal with the invoice review & pay. Stripe claims 75% of invoices it delivers on behalf of its clients are paid same day!
A Customer EIPP Portal facilitates the end-to-end transaction: (a) enabling the payment and (b) providing access to the invoices and statement of account (c) providing digital assistant for 24x7 account enquiry
Payments can be made via a wide range of mobile devices
All Invoicing and payment data is captured
Digital Invoicing
The Imperatives of Invoicing:
a. Accuracy (99+%)
b. Delivery in prescribed method (email, SMS, portal)
c. Meet customer’s invoicing requirements: information & format
d. Many European & LatAM govts require e-invoicing
Digital Invoicing achieves high accuracy by extracting invoice data from ERP, eliminating human error, deliver invoices electronically in multiple ways
How to Improve Order-to-Cash Operations with Digital Assistant Gia | EmagiaEmagia
How to Improve Order-to-Cash Operations with Digital Assistant Gia
Learn how AI powered digital assistants are helping improve order-to-cash operations and results. This technology is not a vision of the future, it is already helping many companies – TODAY !
We will discuss how digital assistants assist customers 24/7/365, and which order-to-cash operations and repetitive tasks they can perform to free up your staff for higher value add work. Few of those are
https://www.emagia.com/resources/ebooks/how-digital-assistants-improve-order-to-cash-operations/
Top Financial Use Cases for Intelligent Document Processing | Use Cases of ID...Emagia
Top financial use cases for intelligent document processing
https://www.emagia.com/resources/ebooks/top-financial-use-cases-for-intelligent-document-processing/
How Intelligent Document Processing is Driving Accounts Receivable (AR) and A...Emagia
How Intelligent Document Processing is Driving Accounts Receivable (AR) and Accounts Payable (AP) Productivity
https://www.emagia.com/resources/ebooks/how-idp-is-driving-ar-and-ap-productivity/
Digital World Class Performance of O2C Shared Services | Order To Cash (O2C) ...Emagia
Digital World Class Performance of O2C Shared Services | Order To Cash (O2C) Automation
https://www.emagia.com/resources/ebooks/digital-world-class-performance-of-o2c-shared-services/
Intelligent OCR for NetSuite is an effective way to intelligently capture data from both email and paper invoices, eliminating the need for time consuming and costly manual data entry.
For NetSuite users needing to scan and capture both paper and email invoices who are dissatisfied with manual data entry or inefficient OCR software, Intelligent OCR is a cloud solution that intelligently captures all of the essential data into an approval workflow.
And unlike most methods of data capture, you can automate the entire process with 95% accuracy.
Open payment transaction APIs without compromising securityIxaris Systems
The idea of banks using APIs to 'open' their systems to third party developers is really popular now. That's fine when it comes to informational apps like Google maps. But with transaction data like card and other payments the security issue mean open APIs are not practical. PSPs have used hosted payments pages to circumvent this problem - OK but very limited control for the page developer often means poor UX. Tokenisation also helps but is quite limited and not suitable for interactions between user and app. This presentation explains a new approach by Ixaris which could revolutionize third-party development of transactional payments applications without compromising security.
The AI Advantage in Deductions Processing | Deductions Management Process | E...Emagia
The AI advantage in deductions processing
Learn how Artificial Intelligence (AI) can reduce manual work in deductions processing by over 80%. Deductions processing is a necessity but is also a low value activity. Over 95% of deductions are valid, resulting in issuing a credit to clear them from the accounts receivable ledger. The invalid deductions are difficult to collect from customers. A CFO’s reaction to this process is usually, “I don’t want to hire 6 people to issue credit memos”. However, if invalid deductions are not challenged, they will increase in frequency and value, significantly reducing gross profit margins.
https://www.emagia.com/resources/ebooks/the-ai-advantage-in-deductions-processing/
https://www.emagia.com/products/deductions-management-software/
25.09.2018 How to Improve Your Accounts Payable Processes & Save MoneyOpusCapita
Does your Accounts Payable department spend a lot of time on manual, paper-based tasks? Is the verification, approval and posting process for your purchase invoices streamlined? Is your AP department able to pay all purchase invoices on time?
Digital Invoicing & Digital Payments | Emagia Digital Invoicing Software | Di...emagia
Digital Invoicing & Digital Payments
2021 Big Year for Digital Invoicing and Digital Payments
The movement toward working from home has exposed the inefficiencies associated with paper invoices and paper checks in the B2B space. Banks were closed. Paper invoices and checks delivered to offices sat in unopened envelopes. Thus, the pivot to digital B2B invoicing and digital payments became an immediate priority for businesses.
Digital Invoicing (aka E-invoicing and E-billing) is electronic delivery of an invoice to a customer (vs paper invoice sent via Postal Service) by email, SMS, portal, EDI and other electronics channels.
Most Digital Invoicing applications include added functionality: (a) pull in data required for invoice from ERP for automated production of invoice, (b) include Credit/Debit adjustments, (c) electronic distribution and tracking (d) reminders and dunning
Digital Payments, aka Real Time Payments (RTP), and “Frictionless Digital Payments” are electronic payments that transfer funds and remit advice
Digital Payments are made directly between buyer and seller through a direct, secure, payment gateways using credit card, direct ACH debit or credit, wire, direct transfer on an Account to Account (A2A) basis.
Digital Invoicing & Digital Payments Synergy
Digital Invoicing, Digital Payments, and a Customer Care Portal are most powerful when offered together
The combination is appealing to small and medium size B2B customers & B2C customers to deal with the invoice review & pay. Stripe claims 75% of invoices it delivers on behalf of its clients are paid same day!
A Customer EIPP Portal facilitates the end-to-end transaction: (a) enabling the payment and (b) providing access to the invoices and statement of account (c) providing digital assistant for 24x7 account enquiry
Payments can be made via a wide range of mobile devices
All Invoicing and payment data is captured
Digital Invoicing
The Imperatives of Invoicing:
a. Accuracy (99+%)
b. Delivery in prescribed method (email, SMS, portal)
c. Meet customer’s invoicing requirements: information & format
d. Many European & LatAM govts require e-invoicing
Digital Invoicing achieves high accuracy by extracting invoice data from ERP, eliminating human error, deliver invoices electronically in multiple ways
How to Achieve Digital World Class Performance with AR AutomationEmagia
How to Achieve Digital World Class Performance with AR Automation
https://www.emagia.com/resources/ebooks/how-to-achieve-digital-world-class-performance-with-ar-automation/
PayU's Digital Transformation: Transparency from Dev to Prod, Monitoring Micr...AppDynamics
PayU is a leading payment services provider with presence in 16 growth markets across the world. Its mantra within IT is "fail early, fail often and never roll back," but this is a challenge in a global environment, with cross-located development and operations teams, multiple time zones, cultures, languages, and skill sets.
To solve this challenge and provide transparency to development and production teams, PayU chose the AppDynamics Application Intelligence platform. Today AppDynamics gives PayU the ability to get immediate feedback of code changes regardless of the environment or the origin of change. The solution fits perfectly with the microservice architecture and has helped with DevOps adoption in all locations.
Key takeaways:
o Challenges faced in monitoring microservice-based applications in a globally dispersed operation
o How AppDynamics provides a single pane of glass to monitor application changes
o Best practices for utilizing AppDynamics in a DevOps culture
For more information, go to: www.appdynamics.com
Enterprise Digital Assistants: How they can support you in your Credit, Colle...emagia
What are Enterprise Digital Assistants. Digital Assistants For Credit Operations. Digital Assistants For Collections Operations. Digital Assistants For Cash Application. Planning for Your OTC Operations.
https://www.emagia.com/resources/ebooks/enterprise-digital-assistants-can-support-credit-collections-cash-application-operations/
Enterprise Digital Assistants: How they can support you in your Credit, Colle...emagia
What are Enterprise Digital Assistants
Digital Assistants For Credit Operations
Digital Assistants For Collections Operations
Digital Assistants For Cash Application
Planning for Your OTC Operations
apidays New York 2023 - Embedded Payments in B2B and B2C use cases, Adrita Bh...apidays
apidays New York 2023
APIs for Embedded Business Models: Finance, Healthcare, Retail, and Media
May 16 & 17, 2023
Embedded Payments in B2B and B2C use cases
Adrita Bhor, Senior Director of Product Management, Paypal
------
Check out our conferences at https://www.apidays.global/
Do you want to sponsor or talk at one of our conferences?
https://apidays.typeform.com/to/ILJeAaV8
Learn more on APIscene, the global media made by the community for the community:
https://www.apiscene.io
Explore the API ecosystem with the API Landscape:
https://apilandscape.apiscene.io/
High Touch to Hi-Tech: The Journey to Touchless Collections | Emagia Master C...emagia
High Touch to Hi-Tech: The Journey to Touchless Collections.
Join our 30min virtual Emagia Master Class to learn how to implement “touchless” collections for the multitude of small and medium (SMB) size customers. In this session our order-to-cash transformation expert, John Salek will talk about
1. The traditional approach to collections from SMB accounts
2. Elements of “touchless” collections
3. The tools required to successfully implement “touchless” collections
In the current pandemic economy, credit departments face extreme pressure to deliver cash flow, manage credit losses, and cut cost. Learn how going hi-tech can contribute to meeting these objectives.
https://www.emagia.com/live-demo/high-touch-to-hi-tech-the-journey-to-touchless-collections/
Emagia Master Class 3 | Integrated Order-to-Cash (OTC) Transformation for Glo...emagia
Integrated Order-to-Cash (OTC) Transformation for Global Shared Service Organizations. Emagia Master Class 3. Automated consolidated receivables – in total and by customer from multiple ERP’s
https://www.emagia.com/master-class/
Global Payments is a leading worldwide provider of payment technology services. We know that retailers want
to maximize conversion across all channels and markets. We have developed solutions that make online
payments easier for you and your customers.
MOBILE PAYMENTS. Provide your customers with an optimized payments experience across all devices –
desktop, tablet and mobile.
ONE-CLICK CHECKOUT. Enable your customers to save their payment credentials for easy repeat payments.
Card details are tokenized for secure storage.
FRAUD MANAGEMENT. Streamline the scheduling and management of recurring payments, while offering
your customers an improved payment experience.
Plus, with Global Payments, you benefit from the simplicity of a single payments provider relationship, the
expertise that comes with 50 years in the payments industry and powerful transaction reporting capabilities,
with real-time visibility into all your transactions.
Sollution Guide from IBM Partner, Lightwell (http://www.lightwellinc.com). Simplify your payments acceptance with prebuilt, ready-to-deploy global payments solutions and services on the cloud.
• Deliver a consistent, secure shopping experience across channels and devices
• Accept payments on any device, anywhere in the world
• Easily manage payments with a single view of settlement and accounts across channels
• Leverage connections to over 170 payments types in over 70 countries
• Significantly reduce risk of handling sensitive payments and customer information
This presentation gives an overview of the company Mint Payments Limited listed on the ASX in Australia under MNW. It explains the products and services and how the company operates in the payments industry.
Mitigate the Impact of Great Resignation with AI Digital Assistants.pptxEmagia
Mitigate the Impact of Great Resignation with AI Digital Assistants.pptx
https://www.emagia.com/resources/ebooks/mitigate-the-impact-of-the-great-resignation-with-ai-digital-assistants/
How to Optimize Deal Value in M&A Integrations with O2C AutomationEmagia
How to Optimize Deal Value in M&A Integrations with O2C Automation
https://www.emagia.com/resources/ebooks/how-to-optimize-deal-value-in-ma-integrations-with-order-to-cash-o2c-automation/
Achieving Digital World Class Performance in AR with AI | Accounts Receivable...Emagia
Achieving Digital World Class Performance in AR with AI
https://www.emagia.com/resources/ebooks/achieving-digital-world-class-performance-in-accounts-receivable-ar-with-ai/
Integrated Order to Cash (O2C) Automation Software for Global Shared Services...Emagia
Integrated Order to Cash (O2C) Automation Software for Global Shared Services
https://www.emagia.com/resources/ebooks/integrated-otc-transformation-for-global-shared-services-organizations/
The Four Essentials Of Digital Cash Forecasting Methods in Treasury Managemen...Emagia
The Four Essentials Of Digital Cash Forecasting Methods in Treasury Management
Learn about how to forecast cash flow more accurately. Our focus will be on forecasting cash inflow from Accounts Receivable (AR) which is the largest operational source of cash for most companies. Learn from our order-to-cash expert, John Salek about the key elements and tools available to greatly improve the accuracy and timeliness of cash inflow from AR.
https://www.emagia.com/resources/ebooks/four-essentials-of-digital-cash-forecasting/
https://www.emagia.com/products/cash-flow-forecasting-software/
How to get verified on Coinbase Account?_.docxBuy bitget
t's important to note that buying verified Coinbase accounts is not recommended and may violate Coinbase's terms of service. Instead of searching to "buy verified Coinbase accounts," follow the proper steps to verify your own account to ensure compliance and security.
Even tho Pi network is not listed on any exchange yet.
Buying/Selling or investing in pi network coins is highly possible through the help of vendors. You can buy from vendors[ buy directly from the pi network miners and resell it]. I will leave the telegram contact of my personal vendor.
@Pi_vendor_247
What website can I sell pi coins securely.DOT TECH
Currently there are no website or exchange that allow buying or selling of pi coins..
But you can still easily sell pi coins, by reselling it to exchanges/crypto whales interested in holding thousands of pi coins before the mainnet launch.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and resell to these crypto whales and holders of pi..
This is because pi network is not doing any pre-sale. The only way exchanges can get pi is by buying from miners and pi merchants stands in between the miners and the exchanges.
How can I sell my pi coins?
Selling pi coins is really easy, but first you need to migrate to mainnet wallet before you can do that. I will leave the telegram contact of my personal pi merchant to trade with.
Tele-gram.
@Pi_vendor_247
The Evolution of Non-Banking Financial Companies (NBFCs) in India: Challenges...beulahfernandes8
Role in Financial System
NBFCs are critical in bridging the financial inclusion gap.
They provide specialized financial services that cater to segments often neglected by traditional banks.
Economic Impact
NBFCs contribute significantly to India's GDP.
They support sectors like micro, small, and medium enterprises (MSMEs), housing finance, and personal loans.
how to swap pi coins to foreign currency withdrawable.DOT TECH
As of my last update, Pi is still in the testing phase and is not tradable on any exchanges.
However, Pi Network has announced plans to launch its Testnet and Mainnet in the future, which may include listing Pi on exchanges.
The current method for selling pi coins involves exchanging them with a pi vendor who purchases pi coins for investment reasons.
If you want to sell your pi coins, reach out to a pi vendor and sell them to anyone looking to sell pi coins from any country around the globe.
Below is the contact information for my personal pi vendor.
Telegram: @Pi_vendor_247
What price will pi network be listed on exchangesDOT TECH
The rate at which pi will be listed is practically unknown. But due to speculations surrounding it the predicted rate is tends to be from 30$ — 50$.
So if you are interested in selling your pi network coins at a high rate tho. Or you can't wait till the mainnet launch in 2026. You can easily trade your pi coins with a merchant.
A merchant is someone who buys pi coins from miners and resell them to Investors looking forward to hold massive quantities till mainnet launch.
I will leave the telegram contact of my personal pi vendor to trade with.
@Pi_vendor_247
how can I sell pi coins after successfully completing KYCDOT TECH
Pi coins is not launched yet in any exchange 💱 this means it's not swappable, the current pi displaying on coin market cap is the iou version of pi. And you can learn all about that on my previous post.
RIGHT NOW THE ONLY WAY you can sell pi coins is through verified pi merchants. A pi merchant is someone who buys pi coins and resell them to exchanges and crypto whales. Looking forward to hold massive quantities of pi coins before the mainnet launch.
This is because pi network is not doing any pre-sale or ico offerings, the only way to get my coins is from buying from miners. So a merchant facilitates the transactions between the miners and these exchanges holding pi.
I and my friends has sold more than 6000 pi coins successfully with this method. I will be happy to share the contact of my personal pi merchant. The one i trade with, if you have your own merchant you can trade with them. For those who are new.
Message: @Pi_vendor_247 on telegram.
I wouldn't advise you selling all percentage of the pi coins. Leave at least a before so its a win win during open mainnet. Have a nice day pioneers ♥️
#kyc #mainnet #picoins #pi #sellpi #piwallet
#pinetwork
Empowering the Unbanked: The Vital Role of NBFCs in Promoting Financial Inclu...Vighnesh Shashtri
In India, financial inclusion remains a critical challenge, with a significant portion of the population still unbanked. Non-Banking Financial Companies (NBFCs) have emerged as key players in bridging this gap by providing financial services to those often overlooked by traditional banking institutions. This article delves into how NBFCs are fostering financial inclusion and empowering the unbanked.
The European Unemployment Puzzle: implications from population agingGRAPE
We study the link between the evolving age structure of the working population and unemployment. We build a large new Keynesian OLG model with a realistic age structure, labor market frictions, sticky prices, and aggregate shocks. Once calibrated to the European economy, we quantify the extent to which demographic changes over the last three decades have contributed to the decline of the unemployment rate. Our findings yield important implications for the future evolution of unemployment given the anticipated further aging of the working population in Europe. We also quantify the implications for optimal monetary policy: lowering inflation volatility becomes less costly in terms of GDP and unemployment volatility, which hints that optimal monetary policy may be more hawkish in an aging society. Finally, our results also propose a partial reversal of the European-US unemployment puzzle due to the fact that the share of young workers is expected to remain robust in the US.
how to sell pi coins at high rate quickly.DOT TECH
Where can I sell my pi coins at a high rate.
Pi is not launched yet on any exchange. But one can easily sell his or her pi coins to investors who want to hold pi till mainnet launch.
This means crypto whales want to hold pi. And you can get a good rate for selling pi to them. I will leave the telegram contact of my personal pi vendor below.
A vendor is someone who buys from a miner and resell it to a holder or crypto whale.
Here is the telegram contact of my vendor:
@Pi_vendor_247
how to sell pi coins on Bitmart crypto exchangeDOT TECH
Yes. Pi network coins can be exchanged but not on bitmart exchange. Because pi network is still in the enclosed mainnet. The only way pioneers are able to trade pi coins is by reselling the pi coins to pi verified merchants.
A verified merchant is someone who buys pi network coins and resell it to exchanges looking forward to hold till mainnet launch.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
2. • Introduction
• Challenges of Cash Application in Europe
• Evolution of Cash Application
• AI Enabled Cash Application
• AI Powered Automation
• Analytics
• Benefits
• Customer Success Story
• Conclusion
• Your Questions
Agenda
3. Introduction
• Major Advancements in Digital Technologies and the
proliferation of new digital payment modes have
presented an opportunity to realize large improvements
in the cost, speed, and accuracy of applying cash.
• The European economy presents some unique
challenges to achieving world class performance in Cash
Application.
• The Digital Future is here and is dramatically different
from Yesterday’s Cash Application processing.
3
4. • Payments in multiple currencies – managing foreign exchange differences
• Remit Advice in multiple languages
• Utilization of multiple banks located in many countries with local banking regulations and
practices. Data transmission issues can be frequent.
• Accommodating newer Digital Payments (e.g., Square, PayPal, etc.)
• Evolving Payment Services Directive (PSD2) requirements
• Remit Advice received in a number of modes:
a. paper or scanned images
b. EDI
c. e-mail
d. downloads from customers’ vendor portals and your EIPP portal
e. bank files in various formats
• Remit Advice received in infinite number of formats (varies by every customer)
• Wide variance in how Remit information is displayed in customers’ Vendor Portals
• Substantial number of deductions
• Integration with multiple ERP’s for most companies
4
Challenges of Cash Application in Europe
5. 5
Increase in Use of Digital Payments
• Digital Payments, aka Real Time Payments (RTP), and “Frictionless Digital
Payments” are electronic payments that transfer funds and remit advice
together
• Digital Payments are made directly between buyer and seller through a
direct, secure, payment gateways using credit card, direct ACH debit or
credit, wire, direct transfer on an Account to Account (A2A) basis.
• Digital Payments provide ability to pay in multiple currencies globally
• More customers, especially Small & Medium Size Businesses (SMB’s) are
adopting Digital Payments
6. 6
Evolution of Cash Application
• AI Powered Document Data Capture Assistants are the next big
step forward in Cash Application
• Document Data Capture Assistants can automatically extract
remittance data from multiple sources & documents in many
different formats, enter the data and create a file for auto-
application to open invoices
• It is a dramatic leap forward in the evolution of Cash Application:
Manual OCR RPA AI
7. Is your company currently using AI Digital Assistants to
extract data from Remittance Documents?
A. Yes
B. No
If Yes, for which documents?
A. Customer remit advice
B. Vendor Portal Data
C. Bank files
D. Other
7
Survey: Paperless Financial Operations
with Document Data Capture Assistants
8. GiaDocs – Cognitive Data Capture/Intelligent Document Processing
Eliminate manual lockbox remittance and
payments data entry and document handling
AI-driven Cash Application
Straight through invoice-to-receipts
matching and posting automation
Automated Deductions Creation
Auto identify short pay and over pay with
reason codes , auto generate deduction and
route to designated Resolver thru workflow
Digital Payment Wallets
Self-service digital portals with on-demand and
mobile experience with voice and chat bots
AI Enabled Cash Application - Overview
90%
automatch
9. AI Enabled Digital Data Capture Assistants extract remittance data from multiple
customer sources with multiple formats, such as:
• Customer Vendor Portals
• Your own EIPP Portal populated by your customers
• Excel/PDF files and statements from customers and lockboxes
• EDI 820 or BAI2 transmissions from customers
• New Digital Payment modes (Square, PayPal, etc)
9
AI Driven Cash Application auto posts cash receipts to right invoices
• Integrate with bank lockboxes and your own ERP AR and Collection modules
• Contains its own auto-cash engine (applies based on invoice, PO or sales order)
Auto-Cash engine can yield 85 – 95% hit rate
• Enables pre-set tolerance levels for matching payments to open invoices
• Provides enhanced cash forecasting capabilities
• Outperforms RPA when dealing with multiple unknown document formats
AI Enabled Cash Application
10. AI Enabled Analytics produce valuable monitoring and
insights:
• Custom Dashboards to monitor throughput, backlogs, error
rates, etc.
• Analyses to identify root cause of unapplied & misapplied
cash, bottlenecks, high unapplied cash customers, etc.
• Predictive Analytics to forecast errors
• Cash Forecasting
10
AI Enabled Cash Application: Analytics
11. 11
Increased Productivity: Fewer FTE’s required
Reduced Bank Fees
Faster application of cash – more accurate
customer account balances
Greater Cash Application Accuracy
Enhanced
Customer Experience
Benefits of the Digital Cash Application
Greatly Improved
Productivity
Lower Bank Fees Accurate Customer
Accounts
Fewer Erroneous
Order Holds
12. 12
Company: Global Information Technology Company with $3B revenue
Customer Success Story
Exponential Impact:
Digital O2C Solution: Emagia AI-powered Digital Receivables
Platform –
Collections, Deductions, Cash Application and Analytics
• Oracle R12 ERP supporting 58 business units
• Deployed in 44 countries across Europe, Americas and Asia
Pacific
• Cash Application auto match improved from 45% to 85-90% in
Europe.
• Multi language capability - English, German, Spanish,
Portuguese, French, Italian
• 170 Banks including JPMC, Citi, Bank of America, Post Finance
THE EMAGIA
EXPONENTIAL IMPACT
$3B Receivables
300K Digital Transactions
85% Current AR
100% Customer Touch
90% Automated Cash
Application Rate
100% Risk Assessment
13. 13
• There is a large opportunity for most companies
to substantially improve the cost efficiency,
timeliness, and accuracy of their European Cash
Application function
• It is achievable using Artificial Intelligence (AI)
Automation and Analytics
• AI Automation can perform 70 – 90% of manual
operations in Cash Application
Conclusion
15. If you have any questions or comments
about this session, please let us know
in the chat box or write to us at
info@emagia.com
Next Emagia Master Class Session:
Topic: Save Lockbox Fees with Remittance Data
Capture AI
Orders
Credit
Cash
Application
Collections
Deductions
Payments
Invoicing
u
