Oracle Banking Virtual Account Management
Banks can enable corporates to manage complex global account structures, control capital, centralize cash, and automate reconciliation.
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Enable corporates to define complex account hierarchies.
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Enhance visibility and control over capital.
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Automate reconciliation process.
- Overview
- Features
Solutions highlights
- Eliminates the need to manage multiple physical accounts
- Enables flexibility of maintaining account hierarchies as per business needs
- Empowers corporates with enhanced visibility and control over capital
- Automates reconciliation process for effective payables/receivables management
- Eliminates the movement of cash across different accounts and reduce transactional costs
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