With this solution transaction banks can provide to their corporate customers improved liquidity management functionality that enables them to improve cost, reduce liquidity risk and achieve maximum benefits. Virtual cash management allows the corporates to improve cash visibility, reconciliation and rationalize the number of real accounts, also improved efficiencies through factory models and allocation of multiple virtual accounts per entity and reduced transaction fees through virtual account-to-virtual account transfers and improved reporting at entity and sub-entity level.

Reduced number of physical bank accounts

Rationalization and simplification of physical bank accounts and banking relationships.

Multi-bank connectivity

Managing finances across multiple bank accounts in a more streamlined and efficient manner.

Unlimited number of virtual accounts

Define additional virtual account services (e.g., interest apportionment and reporting) to reflect corporate operations and ERP structures.