Designed for transaction banks to simplify banking structures for corporate customers, support their business growth and bring greater control and visibility to treasury operations.
Tieto Virtual Cash Management is a next-generation treasury solution designed for banks and their corporate clients. Built on a cloud-native architecture and delivered as SaaS on AWS, Virtual Cash Management simplifies liquidity management by replacing complex physical account structures with virtual hierarchies. This enables corporates to gain real-time visibility, control, and efficiency across global operations.
Highlights
Reduced number of physical bank accounts.
Managing finances across multiple bank accounts in a more streamlined and efficient manner.
Define additional virtual account services (e.g., interest apportionment and reporting) to reflect corporate operations and ERP structures.
AWS Marketplace now accepts line of credit payments through the PNC Vendor Finance program. This program is available to select AWS customers in the US, excluding NV, NC, ND, TN, & VT.
Pricing is based on the duration and terms of your contract with the vendor. This entitles you to a specified quantity of use for the contract duration. If you choose not to renew or replace your contract before it ends, access to these entitlements will expire.
Additional AWS infrastructure costs may apply. Use the AWS Pricing Calculator to estimate your infrastructure costs.
This listing is sold through a single SaaS contract dimension. You buy access to the Virtual Cash Management software under one plan billed on a contract basis, rather than choosing between separate tiers or instance sizes. Pricing does not scale across multiple usage bands or add-on options in the table. Because there is one dimension, your cost is set by the contract terms you agree to for the SaaS service. Contact the vendor to confirm the specific quantity and term details that apply to your agreement.
Top-of-mind questions for buyers
What does the single SaaS unit cover for Virtual Cash Management?
The SaaS unit gives you access to the Virtual Cash Management software as a hosted service. It supports liquidity management and cash handling capabilities for financial institutions. The unit reflects the contracted service rather than a per-user or per-transaction count. Confirm the exact quantity and scope with the vendor before you sign.
Is this billed on usage, or as a fixed contract commitment?
You buy under a contract-based SaaS model. This means you agree to defined terms upfront rather than paying per hour or per transaction as usage rises and falls. Charges follow the contract you sign, not variable metered activity. The service is delivered as hosted software for banking operations.
What kind of banking capabilities does this SaaS service deliver?
The service supports cash and liquidity management for financial institutions. It is part of a modular banking software suite built for real-time, resilient and compliant operations. The service is delivered as hosted software, so you do not manage the underlying infrastructure yourself.
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