Nomentia

A practical question: how much of your payment volume, FX activity and operational work exists only because internal obligations are being settled gross rather than coordinated centrally? A group can have sufficient cash overall and still create unnecessary payment activity inside its own structure. One entity pays another. A second entity owes money back in a different currency. Internal loans, management fees, royalties, trade balances and interest charges create additional obligations. Each item may be legitimate, but the settlement process can turn the group into its own network of counterparties. This is where intercompany netting becomes a liquidity topic, not just an administrative one. Read what a netting cycle needs beyond a calculation engine in our latest article. 👇 https://lnkd.in/ebxPy-pY/?utm_campaign=Consideration-Websitevisits,Engagement&utm_source=linkedin&utm_medium=paid&utm_id=793512773&hsa_acc=503889923&hsa_cam=793512773&hsa_grp=811229243&hsa_ad=1603191933&hsa_net=linkedin&hsa_ver=3

In my New Treasury keynote this autumn, where we launched five new innovations with a big focus on AI, I introduced the Nomentia Smart Treasury Suite as the one foundation for treasury. One foundation. After having introduced you to each of those innovations in the past few weeks – from Analytics, Predictive Forecasting and AI to Intercompany Netting and Hedge Accounting – this is the word I want to return to. Because on their own, none of these innovations is worth much. They only work with the right foundation underneath. Here's what the word means to us:

The dark, spooky season is here 🐈⬛ Wanna find your Halloween finance companion to avoid too many surprises? If you can have a black cat handling you finance, always use a black cat! But if for any reason not possible to use a black cat, use Nomentia 🎃 My quiz result obviously generated a black cat. Find yours, link in comments 🦇🦇🦇

A carve-out, no dedicated in-house treasury team and only four months’ time to establish a treasury across 70 operating entities and four banks. That was the situation Hanab found themselves in when they first reached out to Nomentia. The challenge: Daily operations still had to continue from the first day of the new group. Salaries and supplier payments had to be processed, intercompany flows had to remain operational, bank reporting had to continue, and the existing In-House Bank structure had to be available immediately. And with an active M&A strategy, the company needed a platform that could not only meet the immediate carve-out deadline but also scale to accommodate future acquisitions. Read the full case study on how Bas Spelbos, Corporate Finance Director at Hanab, managed this Herculean task together with Zanders and Nomentia: https://lnkd.in/ehbm3umg

Some things only appear after dark. Like the bank account nobody remembers opening. 🦇 This Halloween, the only thing your CFO should be hiding is a costume. Dress them up in a few clicks.

Your CFO survived another quarter-end. They deserve a costume. 🎃 Dress them up, give them a name and a title for the plaque, then download the portrait. Share it with your team or keep it for the next board meeting.