Virtual accounts (or shadow/reference accounts) have been around for years as a way for corporates to identify payors and enhance reconciliation.  Virtual accounts have historically been a specialized receivables proposition, however the limited functionality and administrative burdens associated with these accounts resulted in a less-than-ideal experience.  New technology and new thinking about how to utilize virtual accounts have combined to form a more flexible, self-serve online platform that allows corporates to create and structure virtual accounts and their hierarchies.  With virtual account management, corporates are able collapse physical accounts, reduce costs, and create more flexibility/visibility with their liquidity, while banks gain operational efficiencies and deepen client relationships.  In this session, Robert Cleary, will share his perspectives on virtual account management and the opportunities virtual accounts create.