Gartner noted that integrated I2C solutions have become a key and fastgrowing requirement " />
Gartner noted that integrated I2C solutions have become a key and fastgrowing requirement " />
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Emagia recognized as a Visionary for the 3rd Consecutive Year in the latest Gartner® Magic Quadrant™

Posted On: 2024-05-11 22:22:10 (Time Zone: IST)

Emagia has again been recognized as "a Visionary" in the 2024 Gartner Magic Quadrant™ for Integrated Invoice-to-Cash (I2C) Applications.

Gartner noted that integrated I2C solutions have become a key and fastgrowing requirement for most finance organizations. When executed at an elite level, I2C solutions can "result in faster collection of cash, improved visibility to cash flow, an improved customer experience, and reduced process cost," according to the latest Gartner Magic Quadrant report.

Emagia spent much of late 2023 and early 2024 enhancing its proprietary, AIpowered Gia digital assistant. Gia is part of nearly every Emagia solution and drives newly introduced platforms from the last year such as GiaPay and GiaGPT, the company's answer to ChatGPT aimed at CFOs, treasurers, and credit professionals operating in the Order-to-Cash space.

We continue to focus persistently on empowering customers to thrive in the AI age, especially during this sudden, definitive mainstream awakening to the transformative powers of autonomous finance." - Veena Gundavelli, Emagia Founder/CEO.

This marks the third consecutive year that Gartner has recognized Emagia In the Visionaries' Quadrant.

For more than 15 years, Emagia has delivered a world-class performance in I2C operations for global businesses and shared services, processing over $900B in receivables in more than 90+ countries and 25 languages, with integrations with 170-plus banks, over 120 financial systems, and global payments networks covering more than 135 currencies. Emagia AI-powered platforms offer next generation I2C solutions for mid- to large global companies to modernize autonomous finance operations for OTC with hyperefficiency and touchless operations using embedded AI, analytics, and automation. Emagia's platform includes Credit, Invoicing, Collections, Deductions, Cash Application, Customer Payments Portal and Advanced Analytics.

"We continue to focus persistently on empowering our customers to thrive in the AI age, especially during this sudden and definitive mainstream awakening to the transformative powers of autonomous finance," said Veena Gundavelli, Founder & CEO of Emagia. "We are honored to be recognized once again by Gartner for our vision and execution."

The Gartnere Magic Quadrant™ for Integrated Invoice-to-Cash Applications evaluated vendors in the I2C applications market that are cloud-based and provide automated management of collections and the application of customer payments to invoices.

Shares of TechNVision Ventures Limited was last trading in BSE at Rs. 1863.30 as compared to the previous close of Rs. 1826.80. The total number of shares traded during the day was 2 in over 2 trades.

The stock hit an intraday high of Rs. 1863.30 and intraday low of 1863.30. The net turnover during the day was Rs. 3726.00.

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