Nomentia
Clarity, knowledge, and trusted support for treasury and finance teams.
Executive Summary
Nomentia is a European treasury and cash management platform designed for multinational corporations. It provides comprehensive solutions for cash forecasting, payment processing, bank connectivity, and in-house banking. The platform serves large enterprises with complex treasury needs across multiple regions, offering custom enterprise pricing based on modules and entities, and has a strong presence in Nordic and European markets.
Use Cases
- Centralizing and automating global payment processing across multiple ERPs and banks.
- Achieving real-time cash visibility and control across all entities and bank accounts.
- Improving cash flow forecasting accuracy and liquidity planning with AI-driven insights.
- Automating bank statement reconciliation and general ledger posting.
- Managing external and intercompany loans, including their impact on cash flows and risk.
- Ensuring compliance with regulations and preventing payment fraud through sanctions screening and robust controls.
- Digitizing and automating the end-to-end management of guarantees and letters of credit.
Features
Visibility
- Real-time Cash Visibility: Provides an instant, consolidated view of cash positions across all bank accounts and systems globally.
- Liquidity Management & Reporting: Offers comprehensive tools for analyzing and managing liquidity, including custom dimensions for detailed cash flow and balance sheet exposure analysis.
- Treasury Reporting: Enables the generation of group-wide treasury reports from any system or bank, with flexible customization and export capabilities.
- Bank Account Management: A centralized multi-bank solution for managing all corporate bank accounts, including retrieving, viewing, and analyzing statements and payments.
Intelligence
- AI Cash Flow Forecasting: Leverages machine learning to generate highly accurate cash flow forecasts by analyzing historical data, seasonality, and industry trends, reducing manual effort and improving decision-making.
- Automated Payment Process Controls: Includes built-in controls for fraud prevention, policy compliance, data validation, duplicate detection, and sanctions screening to secure outgoing payments.
- Automated Reconciliation: Automatically matches bank statements with transaction data and facilitates posting to the general ledger, streamlining financial operations.
- Treasury Workflows Automation: Allows for the definition and automation of end-to-end treasury processes, such as guarantees, payments, and intercompany loans, with centralized monitoring and task allocation.
- Bank Fee Analysis: Automatically controls and benchmarks bank fees to identify overcharges and ensure competitive rates.
Support
- Dedicated User Support: Provides competent and fast support to assist users with their daily challenges and queries.
- Professional Services for Implementation: Offers experienced professional services for project implementations, ensuring successful deployment and optimization of Nomentia solutions.
- Nomentia Learning Portal: Supports partners and users with training, certification processes, and continuous learning on Nomentia solutions and latest developments.
- Extensive Resource Library: Access to a wealth of resources including blogs, webinars, whitepapers, and case studies for treasury insights and best practices.
Technical Specifications
- Architecture
- Cloud-native SaaS
- Deployment
- Cloud/SaaS
- Authentication
- SSO, MFA
- API Available
- Yes
- MCP Server
- No
Infrastructure
- Azure
AI/ML Stack
- Machine Learning
- Predictive Analytics
Integrations
- SAP
- Oracle
- Microsoft Dynamics
- SWIFT
- Bloomberg
Security & Compliance
Certifications: ISO 27001, ISAE 3402 Type 2, SWIFT CSP, FSQS-NL
Encryption: PGP encryption for payment files, HTTPS for secure web access
Pricing
- Model
- Custom enterprise pricing
- Starting Price
- Contact sales
- Target Customer
- Mid-market to Enterprise
- Contract Type
- Annual, Multi-year discounts available
- Free Trial
- No (credit card required)
About Nomentia
Nomentia is a European provider of SaaS-based cash and treasury management solutions, offering services such as cash forecasting, global payments, reconciliation, in-house banking, guarantees, and FX dealing. Their platform serves over 2,300 clients in more than 100 countries, processing over €200 billion annually. In 2021, Nomentia reported a revenue of $8.8 million and had approximately 98 employees. The company was founded in 2004 and is headquartered in Espoo, Finland. In March 2023, Nomentia was acquired by Inflexion, a UK-based private equity firm.