Gain a unified view of pooled bank accounts, virtualized into thousands of active virtual accounts
Virtual Account Management (VAM) platforms allow businesses to manage their operations more efficiently by providing a single view of their cash and liquidity management, payments and receivables management, in-house banking, and client money management. Amongst other benefits, crucially, this allows for the reduction of costs and manual processes.
With a VAM solution, businesses can gain a single view of pooled bank accounts that have been virtualized into thousands of bank-active virtual accounts. They are a fully bank-active, automated self-service solution made available either on-premise or in the cloud, allowing you to improve and streamline your customer journeys to suit your customer’s requirements.
Cashfac’s broader, more complete Virtual Bank Technology platform harnesses advances in workflow integration, matching, analytics, and real-time reporting with functionally rich virtual accounts to provide greater flexibility, customer self-service, and a suite of integrated cash management applications.
For more information on our Virtual Account Management capability, please download our full product paper.
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To find out more about how Cashfac's capabilities can help your business, get in touch with our helpful team