Columbia, MD: May 1, 2014â€”Emagia Corporation, a leading provider of Enterprise Receivables Management Solutions, is the latest addition to the National Association of Credit Managementâ€™s (NACM) Preferred Partner Program.
NACMâ€™s Partner Program enables members of the organization, who range from large multinational and global firms to local and regional suppliers across the United States, to more easily share and access critical commercial credit information, especially data relating to industry trade groups. This partnership will allow NACM members to use Emagiaâ€™s Receivables Management SuiteTM as a conduit for both reporting and accessing critical industry credit data for the growing roster of members who participate in and actively support the NACM National Trade Credit Report (NTCR).
Emagia solutions transform, automate and optimize the Order-to-Cash process. Emagia Receivables Management SuiteTM provides a single, global and integrated platform for managing the credit, collections, deductions, cash applications and online bill presentment/payment processesâ€”empowering finance executives with the most critical insights for optimizing their receivables operations to align with their corporate finance strategy. Emagia Receivables AnalyticsTM provides pre-packaged business intelligence solutions for credit and collections managers and senior finance executives to gain valuable business insight and predictive analysis on receivables management. Adding the NTCR data into the mix will provide another layer of unique and valuable insight.
â€śWe are pleased to be working closely with the NACM organization and their members in this capacity,â€ť said Veena Gundavelli, founder and CEO of Emagia Corporation. â€śNACM is focused on delivering quality information and this is something we know our customers will value in these new capabilities,â€ť she added.
NACMâ€™s Preferred Partner Program leverages the vast technology available today in the commercial credit management space, while simultaneously removing one of the most common obstacles its members face when seeking to actively protect what is likely their companies most valuable asset: the accounts receivable.
â€śWe welcome Emagia into the NACM community and are excited to work with them to create additional value for our members and their clients,â€ť said NACM President Robin Schauseil, CAE.
Emagia expects to have their data exporting and NTCR credit report integration completed by Q2 2014.
ABOUT THE NATIONAL ASSOCIATION OF CREDIT MANAGEMENT
NACM, headquartered in Columbia, Maryland, supports more than 15,000 business credit and financial professionals worldwide with premier industry services, tools and information. NACM and its network of affiliated associations are the leading resource for credit and financial management information, education, products and services designed to improve the management of business credit and accounts receivable. NACMâ€™s collective voice has influenced federal legislative policy results concerning commercial business and trade credit to our nationâ€™s policy makers for more than 100 years, and continues to play an active part in legislative issues pertaining to business credit and corporate bankruptcy. NACM's annual conference is the largest gathering of credit professionals in the world. This year marks the 118th Credit Congress & Exposition, which will be held from June 8-11 in Orlando. Media is welcome. Contact Dan LaRusso at 410-740-5560 or firstname.lastname@example.org for more information.
Launched in 2011, the National Trade Credit Report (NTCR) is comprised of NACM affiliatesâ€™ local and regional databases. NACMâ€™s Preferred Partner Program helps NACM members easily participate in the NTCR initiative through the software they use on a daily basis. Visit www.tradecreditreport.com/index.php/preferred-partners for more information.
ABOUT EMAGIA CORPORATION
Emagia Corporation is a leading provider of Enterprise Order-to-Cash Management (OTC) solutions. For over a decade, Emagia has been delivering highly innovative and sophisticated technology solutions to transform, automate and optimize receivables, credit and collections processes for improved efficiency. Emagia Receivables Management Solutions have helped several companies across the world achieve significant and sustainable improvements to their DSO, cash flow and profitability. Emagia has served as the primary technology platform for several credit and collections department and F&A shared service centers. For additional information, visit www.emagia.com.