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Virtual Accounts Management
Intelligent Virtual Accounts for Precise Cash Visibility
Simplify receivables, accelerate reconciliation, and gain real-time visibility into cash flows with scalable virtual account structures designed for modern transaction banking.
Case study
Built for High-Volume, Complex Receivables
Trusted by banks to help corporates manage large payment volumes with clarity, control, and operational efficiency.
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Virtual Accounts Microservices
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Packaged Capabilities
What Can Be Done With Virtual Accounts
Treasury transformation with scalable dependable enterprise capabilities.
Self-Service & Instant Creation
AI-Powered Decisions
Embedded Banking & BaaS
Multi-Level Hierarchies
Payment Factories & POBO/ROBO
Help Your Clients Scale
Deliver outcomes your corporate customers expect from their leading banks.
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Eliminate Account Proliferation
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100% Automated Reconciliation
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Support Rapid Business Evolution
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Real-Time Cash Visibility
Receivables Complexity Demands Smarter Identification
Faster, Automated Reconciliation
Automatically identify and reconcile incoming payments without relying on manual references.
Real-Time Cash Visibility
Gain instant insight into collections across customers, channels, and accounts.
Operational Efficiency at Scale
Handle high transaction volumes with minimal manual intervention and lower cost-to-serve.
Improved Client Experience
Offer corporate clients simplified receivables management with greater transparency and control.
Virtual Accounts Management enables precise payer identification and automated reconciliation—turning incoming payments into instantly usable cash.
Intellect’s Virtual Accounts Management solution enables banks to create and manage virtual account structures that simplify receivables identification and reconciliation for corporate clients.
Each virtual account uniquely represents a customer, invoice, or business entity—allowing incoming payments to be identified and processed automatically.
Integrated seamlessly with payments, receivables, liquidity management, and cash flow forecasting, the platform delivers real-time visibility and straight-through processing.
Banks can offer value-added cash management services while corporates benefit from faster reconciliation, improved working capital efficiency, and predictable cash flows.
#1 Best-in-Class by Datos Insights
Highest scores across all evaluation dimensions in the 2024 Virtual Account Management Vendor Guide.
Virtual Accounts
Eliminate Account Proliferation
Reduce costs by 70-90% by replacing hundreds of physical accounts with virtual account infrastructure.
95 % Automated Reconciliation
Automate payment allocation with zero manual work. Eliminate errors, delays, and disputes from manual matching.
Support Rapid Business Evolution
Create new account structures in minutes instead of months. Treasury operations that keep pace with business growth.
Real-Time Cash Visibility
Monitor cash positions in real-time with granular visibility by customer, project, or subsidiary—no more batch delays.
Accept and optimize payments at scale
1. Self Service Account Management
- Create virtual accounts in seconds via API or portal.
- Unlimited hierarchies, instant provisioning.
- Multi-currency support, bulk operations.
- Real-time account status.
- Client-specific configurations and custom metadata tagging.
- Account lifecycle automation.
Business Impact –
Reduces onboarding time from weeks to minutes, meeting the 85% of treasurers who demand speed for business agility.
2. Realtime Balance & Ledgering
- Real-time balancing across all account levels.
- Multi-currency positions with instant FX conversion.
- Roll-up views by any dimension – customer, product, region, subsidiary.
- Historical balance queries for any point in time.
- Intraday position reporting.
- Automated balance sweeps. Interest accrual tracking.
Business Impact –
Provides granular, real-time cash visibility, eliminating the manual effort involved in end-of-day batch reconciliation.
3. Sophisticated Transaction Processing
- POBO, ROBO, and combined models.
- Split payments across multiple accounts.
- Cross-account transfers with smart routing.
- Process millions of transactions daily with sub-second latency.
- Batch and real-time processing modes.
- Transaction enrichment with custom fields.
- Multi-leg payment support.
Business Impact –
Streamlines treasury for the 67% of large enterprises currently centralising payments.
4. Intelligent Reconciliations
- Auto-match payments to invoices using configurable rules.
- Fuzzy matching for partial payments.
- Exception workflows with AI suggestions.
- Real-time reconciliation dashboards. 95%+ automatic match rates.
- Custom reconciliation rules engine.
- Dispute management workflows with aging analysis.
Business Impact –
Achieves 95%+ auto-reconciliation rates, leading to a 30-50% reduction in DSO (Days Sales Outstanding).
5. Flexible Interest Management
- Flexible calculation methods – simple, compound, tiered.
- Multi-currency interest computation.
- Separate credit and debit rates. Volume-based rate structures.
- Automated interest posting and interest forecasting.
- Custom interest accrual schedules.
- Rate change history tracking.
Business Impact –
Flexible interest management and custom accrual schedules helps a bank transition from a market follower to a competitive differentiator.
6. Comprehensive Charging & Billing
- Transaction-based fees with configurable rate cards.
- Monthly account maintenance charges with volume discount structures.
- Professional invoice generation.
- Revenue recognition automation.
- Fee waiver management and refund processing.
Business Impact –
Offering automated fee waivers and refund processing provides a superior customer experience compared to banks tied to rigid, non-negotiable legacy billing cycles
7. Embedded Banking and BaaS
- White-label customer portal with your branding.
- Complete API functionality for seamless integration.
- Real-time webhook notifications for all events.
- Multi-tenancy architecture with data isolation.
- Self-service account management.
- Configurable and flexible workflows.
Business Impact –
Enables banks to capture new revenue streams in a market growing at 40% annually by letting clients offer banking without becoming banks
Why Banks Choose Intellect for Virtual Accounts Management
Scale Your Corporate Clients' Ambitions. Become Indispensable to Their Growth.
True Cloud-Native Architecture
The Difference: This is not “cloud-hosted legacy” code. The platform was built from scratch using eMACH.ai design principles
Why It Matters: Enables elastic infrastructure, instant scaling, and zero-downtime updates, allowing your bank to remain agile without the maintenance windows required by older systems.
Most Comprehensive OBO Model Support
The Difference: Native support for the widest range of “On-Behalf-Of” models, including POBO, ROBO, In-House Banking, Client Money, and Embedded Banking.
Why It Matters: Empowers the 60% of large enterprises centralising their payments to create highly efficient, centralised payment factories.
30+ Pre-Built Industry Templates
The Difference: Ready-to-deploy templates tailored for sectors such as Automotive, Airlines, E-commerce, Real Estate, Pharma, and Logistics.
Why It Matters: Drastically reduces implementation risk and speeds up time-to-market by using proven patterns curated for your specific corporate clients.
Integrated AI-Native Analytics
The Difference: Capabilities like predictive cash flow, anomaly detection, and natural language queries are included natively, not as expensive add-on modules.
Why It Matters: Allows CFOs and treasurers to “see tomorrow’s liquidity position today” and automate optimization without additional fee surprises
Industrial-Scale Transaction Capacity
The Difference: Engineered to handle 100M+ virtual accounts, process 10M+ daily transactions with sub-second latency.
Why It Matters: Ensures your financial infrastructure can handle the hyper-growth of global platforms and e-commerce giants without performance degradation.
Flexible Commercial Models
The Difference: Choose from subscription-based, transaction-fee-based, or revenue-sharing models.
Why It Matters: Aligns the cost of the platform with the actual value generated, contributing to a typical ROI within 12-18 months.
Intelligence That Actually Helps
Not AI for AI's sake. These capabilities solve real problems - reducing manual work, catching fraud, predicting cash needs. The stuff that actually matters.
Intelligent Reconciliation
Learns from your patterns, handles fuzzy matching, provides confidence scoring. Typical clients go from 70-80% match rates to 95%+ within months.
Predictive Forecasting
Account-level cash predictions, seasonal pattern recognition, customer behavior modeling. See tomorrow’s liquidity position today.
Fraud Detection
Learns baseline behavior, flags anomalies, analyzes transaction networks. Real-time alerts on suspicious patterns before money moves.
Customer Propensity
Identifies upsell opportunities, predicts churn risk, optimizes account usage, cross-sell intelligence. Turn data into revenue.
Natural Language Queries
Ask questions conversationally – ‘Show me all accounts with negative balances over 30 days’ – system interprets and answers.
Automated Optimization
Recommends account structure improvements, flags dormant accounts, suggests consolidation opportunities. AI that makes your ops team smarter.
Frequently Asked Questions
What are virtual accounts and how do they differ from physical accounts?
Virtual accounts are sub-accounts created within a single physical bank account. Think of them like folders within a filing cabinet – the cabinet is the physical account, the folders are virtual accounts.
Each has a unique identifier for automatic payment routing and reconciliation, but all funds actually sit in one master account.
This means you can create thousands of ‘accounts’ without actually opening thousands of real bank accounts – avoiding fees, compliance overhead, and operational complexity.
What types of virtual account structures does the solution support?
Pretty much any structure you can imagine. Flat hierarchies (all accounts at same level). Multi-level hierarchies (accounts within accounts, unlimited depth).
Customer-specific structures. Project-based accounts. Subsidiary accounts.
Department accounts. Product line accounts. The platform is infinitely flexible – you design the structure that matches your business logic, and we make it work.
How does reconciliation work, and what matching rates can we expect?
Each virtual account has a unique identifier. When payments come in, the bank payment feed includes this identifier, and we automatically allocate the payment to the correct account – matching it to the relevant invoice or customer.
Our AI learns your patterns and handles fuzzy matching for partial payments or reference variations.
Typical clients start at 70-80% auto-match rates and reach 95%+ within a few months as the system learns. The remaining exceptions get intelligent suggestions for manual review.
Can it support embedded banking and BaaS use cases?
Absolutely. This is a huge use case for VAM. You can white-label the entire platform, expose APIs for your customers to create accounts and manage transactions, set up multi-tenant architectures with complete data isolation, and enable self-service account management.
Fintechs, platforms, and marketplaces use this to offer banking services to their end customers without becoming banks themselves.
You’re the bank providing the infrastructure; your client becomes the ‘bank’ for their customers.
What integration is required with our existing infrastructure?
Core integration points: your core banking system (for account balance updates and transaction posting), payment systems (for incoming/outgoing payment feeds), and potentially your ERP or billing systems (for invoice matching).
We support standard protocols – APIs, file feeds (SWIFT, ISO20022, custom formats), message queues.
Most banks are up and running in 3-6 months including testing. We have pre-built connectors for major core banking platforms, which accelerates things significantly.
What is the typical deployment timeline ?
Most banks are fully operational within 4 to 6 months, including testing. Our library of pre-built connectors for major core banking platforms significantly accelerates this process.
What kind of ROI can we expect from this implementation ?
Based on implementations across 30+ global banking clients, banks typically see an ROI within 12 to 18 months.
Business impact includes a 70–80% reduction in account management costs, 20–30% growth in deposits, and significant recurring fee income from new corporate relationships.
Delivering Tangible Impact Across Global Banks
Global Bank Simplifies Corporate Receivables at Scale
A leading global bank implemented Intellect’s Virtual Accounts Management solution to help corporate clients automate payment identification and reconciliation across thousands of daily transactions—significantly reducing manual effort and improving cash visibility.
Transaction Bank Enhances Cash Management Offering
By introducing virtual accounts as part of its cash management suite, a transaction bank enabled faster reconciliation and real-time reporting for large corporate customers—strengthening client satisfaction and unlocking new fee-based revenue streams.
Recognized Excellence
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