Converting cash into a truly liquid asset with Virtual Accounts
The next generation of Virtual Accounts can be used for both payables and receivables. Not only do they introduce account rationalization and reconciliation benefits, but in the context of a liquidity set-up, they allow for immediate consolidation and usability of cash into the “Header” account, ensuring Group cash is recycled efficiently. How are treasurers adopting this technology and what is the take-up in the energy sector?
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Benchmarking the future of energy
It’s a complex and diverse sector, varying between region, revenue and enterprise. Is there any common ground for energy players? For the first time, J.P. Morgan’s treasury research spotlights energy firms, revealing the forces shaping this expansive industry.
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