The strategic role of treasury has taken on great importance for companies looking for ways to improve upon their management of cash and liquidity. Companies are looking for innovative solutions to adapt to the changes in technology and regulatory requirements, with opportunities to transform working capital management with greater control and centralization.
Virtual Accounts illustrates HSBC’s longstanding commitment to provide forward-thinking payment solutions allowing companies the ability to reimagine corporate treasury. Virtual Accounts support both receivable and payable payment types and allows a company to improve receivable reconciliation, and effectively manage centralized payment processes.
Learn more about HSBC’s Virtual Account solution, and how companies can achieve cost savings, account security, reduce manual processes and streamline reconciliation below.