Emagia Announces That Vivendi Universal Games Selects the Company's Software to Elevate Cash Flow and Revenue Management Processes.SANTA CLARA Santa Clara, city, Cuba Santa Clara (sän`tä klä`rä), city (1994 est. pop. 217,000), capital of Villa Clara prov., central Cuba. , Calif. -- Leading Digital Entertainment Developer Chooses to Proactively Manage Chargebacks From Retailers and Trim Revenue Leakages With Cash Flow Management Platform Emagia, the leading provider of Enterprise Cash Flow Management solutions, announced today that Vivendi Universal Games Universal Games is a Nevada company that produced such board games as Merger, Titanic: The Board Game, and the Apollo 13 edition of Solarquest. In 1965, their address was in Houston, Texas. Universal Games released Merger, a financial game for 2-4 players. (VU Games), a global developer, publisher and distributor of multi-platform interactive entertainment, has selected Emagia Cash Inflow Manager version 5.0 to streamline receivables and revenue management across its operations. Chargebacks and deductions stemming from short payments by retailers due to pricing, trade promotions and vendor compliance issues can amount to a significant drain in profitability and higher operational expenses for consumer products companies. Having global visibility into receivables along with specialized chargebacks management tools and processes is critical to improving financial performance for these companies. "Emagia's software offers VU Games the ability to proactively manage receivables and chargebacks and to recover revenues deducted from payments by the big box retailers," said John Ewing John Ewing may refer to:
"Managing revenues and working capital requires a collaborative approach between suppliers and customers," added Veena vee·na n. Variant of vina. Gundavelli, chief executive officer at Emagia. "Many consumer products companies such as Vivendi Universal Games are realizing that workflow-based process automation and business intelligence embedded in the Emagia solution can quickly help accelerate cash inflow onto the balance sheet and boost the bottom line." Emagia's solution helps many Fortune 2000 companies such as Solectron, Textron, Celestica, Xilinx, Autodesk, and Leiner Health Products Leiner Health Products is a company based in Carson, California, and is one of America's largest manufacturers of vitamins, minerals, herbal nutritional supplements, and generic medications. to elevate cash flow operations, optimize working capital, and improve profitability. Emagia also offers out-of-the-box chargebacks management capabilities for suppliers to major retailers along with built-in internal controls for Sarbanes-Oxley compliance around cash flow processes. About Emagia Emagia Corporation is the leading provider of cash flow management solutions that streamline and automate cash flow processes for Fortune 2000 enterprises. Emagia solutions allow companies to realize significant benefits including maximizing cash conversion efficiency, facilitating strong internal controls for financial reporting and improved returns from cash flow management. World-class enterprises use Emagia solutions to strengthen and accelerate corporate initiatives around cash flow management, Six Sigma Not to be confused with Sigma 6. Six Sigma is a set of practices originally developed by Motorola to systematically improve processes by eliminating defects.[1] A defect is defined as nonconformity of a product or service to its specifications. , shared services shared services, n.pl the administrative, clinical, or other service functions that are common to two or more hospitals or their health care facilities and used jointly or cooperatively by them. , and Sarbanes-Oxley compliance. Headquartered in Santa Clara, CA, Emagia products seamlessly integrate with SAP, Oracle, PeopleSoft, JD Edwards See J.D. Edwards. , Geac, BPCS BPCS Business Planning and Control System BPCS Better Process Control School BPCS Basic Process Control System BPCS Base/Post/Camp/Station BPCS Broadband Personal Communications System (FCC) , QAD/MfgPro and other back-office financial systems. Emagia software solutions can be deployed using standard enterprise license models as well as its unique hosted offering. For general information, call 866-EMAGIA-1 or visit www.emagia.com Emagia is a registered trademark of Emagia Corporation. |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion