Enabling banks to offer their corporate customers real-time cash and liquidity management, unified global balances, automated reconciliation, and seamless integration with ERP and treasury systems.
Platform overviewAmidst economic uncertainty, corporates are now seeking more than just conventional transaction banking services from their banking partners. They anticipate that banks will not only aid them in enhancing business operations, cutting costs, and mitigating risks, but also provide groundbreaking solutions to give them a competitive edge.
The growing corporate demand for real-time liquidity, along with the introduction of new digital products and services related to real-time cash and liquidity management, has become essential for transaction banks. Tietoevry Banking's Cash Management solutions, including our best-in-class Virtual Account Management, will help you stand out, increase customer satisfaction, and address the business challenges of your most demanding corporate customers more effectively. Our solutions enable seamless management of multiple accounts, providing businesses with enhanced visibility and control over their cash flow.
Head of Payments & Cash Management, Tietoevry Banking
Corporates adopting virtual account structures typically achieve a reduction of 30–40% in banking costs compared to maintaining multiple physical accounts.
Get the leafletWith evolving business models, banks can now go beyond traditional use cases and offer Virtual Accounts as an Embedded Banking solution, enabling corporates to integrate financial services directly into their platforms.
Get the leaflet
Solve reconciliation challenges by taking manual work out of matching remittance information with invoices.
Allowing bank’s customers to operate in virtual currencies without having an in-country bank account.
Segregate and aggregate client money holdings. Aggregate money for underlying clients at different levels.
Improved liquidity management functionality for corporates improving cost and reducing liquidity risk.
A critical component for enabling real-time payment processing in banks helping struggling legacy systems.
Are you looking for a way to improve your liquidity management and streamline your payments and receivables?
