SANTA CLARA, Calif.---Emagia Corporation, the enterprise cash flow management software company, today announces that Leiner Health Products Inc., America's largest manufacturer of vitamins and nutritional supplements, has chosen Emagia Collaborative Finance Suite 2.1 to manage its collections and deductions and for its cash forecasting functionality. Leiner, which manufactures and distributes supplements to more than 64,000 retail outlets worldwide, also will use Collaborative Finance Suite for end-to-end customer financial service that will integrate its collections operations with customer service and sales operations.
"With Emagia Collaborative Finance Suite 2.1, we believe we have given our finance staff a tool that will not only speed our collections and charge backs management processes, but that also will help to communicate more efficiently with other internal departments to better serve our customers," says Ivette Santiago, Leiner treasurer and vice president of finance. "Collaborative Finance Suite also gives us greater visibility into our cash flow, which is a significant advantage in financial planning."
"We are pleased to announce Leiner Health products as our customer," said Harnish Kanani, COO of Emagia. "This once again confirms that Emagia delivers best-of-breed functionality and a leading technology platform for gaining better visibility into and control of cash flow processes around receivables. Leiner not only wanted a strategic solution to manage their cash flow goals, but it also wanted a modern operational tool to manage age-old collections processes. Emagia is able to provide its customers with both."
Emagia Collaborative Finance Suite 2.1 is available today through Emagia Corporation. For pricing and further information, call 866/EMAGIA-1.
About Emagia Collaborative Finance Suite
Emagia Collaborative Finance Suite provides enterprise cash flow management around receivables, payables and other areas to optimize working capital for companies. Emagia Collaborative Finance Suite 2.1 offers complete invoice-to-cash management of accounts receivables. It is the only web-based product offering receivables portfolio management, collections management, deductions management and online customer financials service. Collaborative Finance Suite 2.1 streamlines day-to-day accounts receivables activities and enables connectivity and collaboration between sales departments, customer service departments and customers.
Emagia Corporation is a leading provider of collaborative e-business software solutions that streamline and automate cash flow processes for medium-to-large enterprises. Headquartered in Santa Clara, Calif., Emagia's products integrate with leading back-office ERP financial systems and most legacy systems. Pre-built Emagia EAI kits are available for most ERP systems.
About Leiner Health Products Inc.
Leiner Health Products Inc. is one of the world's largest private label manufacturer of vitamins, minerals, nutritional supplements and over-the-counter pharmaceuticals (OTCs). More than a hundred years before the 1970's, when demand for nutritional supplements exploded around the world, Leiner was already thriving and writing new chapters in the industry's history. Today, as the most innovative manufacturer of supplements and herbal products, Leiner Health Products continues to set the standards as it leads the way.
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For general information, call 866/EMAGIA-1