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Nomentia Cash and Treasury Management Solutions
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Nomentia Cash and Treasury Management Solutions
By Nomentia
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4.6 out of 5 stars
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Nomentia Cash and Treasury Management Solutions Reviews & Product Details

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Alexander S.
AS
Interim und Projekt Manager Corporate Treasury
Mid-Market(51-1000 emp.)
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Review source: Organic
Business partner of the seller or seller's competitor, not included in G2 scores.
What do you like best about Nomentia Cash and Treasury Management Solutions?

easy to implement, intuitive reports, secure payments Review collected by and hosted on G2.com.

What do you dislike about Nomentia Cash and Treasury Management Solutions?

More FX evaluations in Nomentia Cash Management would be desirable Review collected by and hosted on G2.com.

What problems is Nomentia Cash and Treasury Management Solutions solving and how is that benefiting you?

worldwide payments control, liquidity steering, manage cash pools Review collected by and hosted on G2.com.

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Nomentia Cash and Treasury Management Solutions Overview

Editedit
What is Nomentia Cash and Treasury Management Solutions?

Nomentia provides cloud-based cash and treasury management solutions. Nomentia's product portfolio includes Payments, Bank Connectivity, Liquidity Management, Bank Account Management, Cash Visibility & Forecasting, Financial Process Automation, Treasury Workflows, Risk Management, In-house Bank & Internal Loans, Loan Management, Bank Fee Analysis, Trade Finance, and Payment Reconciliation and Process Controls. Using Nomentia, you can centralize your payments, take control of your group's cash flows, improve forecasting and visibility, add bank connections easily, and connect with any systems, such as TMS or ERPs. With Nomentia, you can choose the modules you need and you can add more modules easily at any time. It's also easy to add new bank connections or users globally. Nomentia has been modernizing cash and treasury management for decades together with treasury and finance professionals.

Nomentia Cash and Treasury Management Solutions Details
Discussions
Nomentia Cash and Treasury Management Solutions Community
Languages Supported
German, English, Finnish, Swedish
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Product Description

Nomentia has a long history with its roots in the 1980s in Finland, the home of cash management. That might sound like a reach, but account statements with a creditor reference are actually a Finnish innovation. In the context of cash management, too many corporates still suffer from scattered, unharmonized, and inefficient treasury, cash and financial processes. These inefficiencies lead to challenges such as globally multi-billion problem of payment fraud, while trapped cash, and poor cash visibility, and weak cash forecasts lead to treasuries not having the cash in hand to manage daily operations and invest back in the business. Nomentia, was born from the foundation of two leading cash management providers, Analyste and OpusCapita, who firmly believe in Nordic innovation and strong heritage of advanced financial processes. The tools of modern cash management were born in Finland. We take pride in offering the widest and wildest, and the most modern cash management portfolio in the market. We find our passion in modernizing customers’ processes, showing our superior expertise, and providing them solutions and tools that are pleasant to work with to help reach their targets to harmonize, gain synergies, and boost productivity. We provide best-of-breed solutions for liquidity management, corporate payments and automated bank account reconciliation.

Seller Details
Seller
Nomentia
Year Founded
2004
HQ Location
Espoo, FI
Twitter
@Nomentia_Cash
49 Twitter followers
LinkedIn® Page
www.linkedin.com
218 employees on LinkedIn®
NN
Overview Provided by:
Nomentia Nomentia

Recent Nomentia Cash and Treasury Management Solutions Reviews

DW
Daniel W.Mid-Market (51-1000 emp.)
5.0 out of 5
"Implementation Cash and Treasury Mangement"
- Easy to use and implement - Very indicidual processes for payment approval - Great support
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Alexander S.
AS
Alexander S.Mid-Market (51-1000 emp.)
5.0 out of 5
"Implementation Nomentia Cash Management"
easy to implement, intuitive reports, secure payments
Read more
MV
Marcus v.Mid-Market (51-1000 emp.)
5.0 out of 5
"Corporate Treasury Consultant"
Security, cloud based solution, connectivity, payments capabilities, flexibility in terms of file formats, interfaces
Read more
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Nomentia Cash and Treasury Management Solutions Media

Nomentia Cash and Treasury Management Solutions Demo - Nomentia Cash Forecasting
The Nomentia Cash Forecasting Dashboard can be modified based on your preferences.
Nomentia Cash and Treasury Management Solutions Demo - Nomentia Payments
Overview of the payments.
Nomentia Cash and Treasury Management Solutions Demo - Nomentia In-house Bank
Nomentia In-house Bank Dashboard
Nomentia Cash and Treasury Management Solutions Demo - Nomentia Matching
Assisted reconciliation.
Nomentia Cash and Treasury Management Solutions Demo - Nomentia Bank Account Management
Overview of the bank statements.
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Have you used Nomentia Cash and Treasury Management Solutions before?
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12 out of 13 Total Reviews for Nomentia Cash and Treasury Management Solutions

4.6 out of 5
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12 out of 13 Total Reviews for Nomentia Cash and Treasury Management Solutions
4.6 out of 5
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12 out of 13 Total Reviews for Nomentia Cash and Treasury Management Solutions
4.6 out of 5
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Nomentia Cash and Treasury Management Solutions Pros and Cons

How are these determined?Information
Pros and Cons are compiled from review feedback and grouped into themes to provide an easy-to-understand summary of user reviews.
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Cons
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Frank F.
FF
Controller FX Risk Management
Enterprise(> 1000 emp.)
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Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Nomentia Cash and Treasury Management Solutions?

Provides transparency about FX exposure, helps to automate FX exposure planning and provides a smart solution to optimize a hedging portfolio based on a cash flow at risk calculation. Review collected by and hosted on G2.com.

What do you dislike about Nomentia Cash and Treasury Management Solutions?

There is room for improvement to safely guide through the user processees (parameter settings, update mapping tables). Depending on the individual setup the various settings and mappings can get quite complex.

MS Excel downloads are available in predefined report structures, however data pivoting is available only with an upcharge option. Review collected by and hosted on G2.com.

What problems is Nomentia Cash and Treasury Management Solutions solving and how is that benefiting you?

Saves ressources by automating core proceses in FX risk management.

Reduces the risk for error prone complex processees previously managed in MS Excel.

Supports management decision to optimize the hedging strategy for lower hedging cost and risk reduction.

Overall the solution enhances the FX risk management process quality itself (reliability, speed, stability) and the process output (transparency, efficient hedging decision) Review collected by and hosted on G2.com.

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Adithya S.
AS
Programmer Analyst Trainee
Enterprise(> 1000 emp.)
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Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about Nomentia Cash and Treasury Management Solutions?

It has played a significant role in our IT treasury landscape for more than ten years as a tool for information logistics. Our requirements were successfully implemented because to the system's ease of use, adaptability, and speed as well as Nomentia's industry knowledge and openness to customer-driven advancements Review collected by and hosted on G2.com.

What do you dislike about Nomentia Cash and Treasury Management Solutions?

Nothing much. Infact we save valuable time every month due to the simple management and automated invoices. It's one of the best finance management tool I ever came across. Review collected by and hosted on G2.com.

What problems is Nomentia Cash and Treasury Management Solutions solving and how is that benefiting you?

Automating invoices, smooth payment structure, digitalized bank account management, integration pf payments gateway with erp system etc. All these were not availble in single tool. Review collected by and hosted on G2.com.

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DW
Mid-Market(51-1000 emp.)
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Validated Reviewer
Review source: Organic
What do you like best about Nomentia Cash and Treasury Management Solutions?

- Easy to use and implement

- Very indicidual processes for payment approval

- Great support Review collected by and hosted on G2.com.

What do you dislike about Nomentia Cash and Treasury Management Solutions?

Sometimes to many columns that are not needed Review collected by and hosted on G2.com.

What problems is Nomentia Cash and Treasury Management Solutions solving and how is that benefiting you?

Harmonize approval process for payments in the whole group structure. Review collected by and hosted on G2.com.

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MV
Senior Consultant
Mid-Market(51-1000 emp.)
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Validated Reviewer
Review source: Organic
What do you like best about Nomentia Cash and Treasury Management Solutions?

Security, cloud based solution, connectivity, payments capabilities, flexibility in terms of file formats, interfaces Review collected by and hosted on G2.com.

What do you dislike about Nomentia Cash and Treasury Management Solutions?

planning, more concrete the capabilities of long term planning Review collected by and hosted on G2.com.

What problems is Nomentia Cash and Treasury Management Solutions solving and how is that benefiting you?

having a treasury management tool, which covers payables workflow, liquidity overview, short-term planning Review collected by and hosted on G2.com.

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Verified User in Accounting
UA
Small-Business(50 or fewer emp.)
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Validated Reviewer
Review source: G2 invite
Incentivized Review
(Original )Information
What do you like best about Nomentia Cash and Treasury Management Solutions?

It is adaptable per business requirements and business model Review collected by and hosted on G2.com.

What do you dislike about Nomentia Cash and Treasury Management Solutions?

should also offer risk management features Review collected by and hosted on G2.com.

What problems is Nomentia Cash and Treasury Management Solutions solving and how is that benefiting you?

Helps in cash management for small and large businesses Review collected by and hosted on G2.com.

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Verified User in Telecommunications
AT
Small-Business(50 or fewer emp.)
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Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Nomentia Cash and Treasury Management Solutions?

It's so easy to use, it's not "heavy" like some other systems. They are really focusing on improving the system all the time. Review collected by and hosted on G2.com.

What do you dislike about Nomentia Cash and Treasury Management Solutions?

As the new HTML5 version was recently released, there are still some bugs every now and then. But I'm sure it's just temporary. Review collected by and hosted on G2.com.

What problems is Nomentia Cash and Treasury Management Solutions solving and how is that benefiting you?

It enables us to centralize our cash management in one system. It saves time and brings us more visibility to whole group's payments and bank accounts. Review collected by and hosted on G2.com.

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Response from Nomentia Nomentia of Nomentia Cash and Treasury Management Solutions
Editedit

Hello,

Thank you for your review, we appreciate it!

We're constantly working on making the solution working as flawlessly as possible and our teams are working on fixing all the issues related to the HTML5 update.

- Barbara / Nomentia

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Sami R.
SR
IT Business Partner
Enterprise(> 1000 emp.)
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Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Nomentia Cash and Treasury Management Solutions?

Nomentia Banking & CashForecast are HTML5 based and easy to use on any device. Review collected by and hosted on G2.com.

What do you dislike about Nomentia Cash and Treasury Management Solutions?

Sadly, Nomentia cancel Banking and CashForecast products Review collected by and hosted on G2.com.

What problems is Nomentia Cash and Treasury Management Solutions solving and how is that benefiting you?

Nomentia products offer very agile banking systems in any different situations. Review collected by and hosted on G2.com.

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Response from Nomentia Nomentia of Nomentia Cash and Treasury Management Solutions
Editedit

Hello Sami,

Thank you for your review!

It's great to hear that you've loved using our Banking product. Banking is not yet going anywhere, however, we are encouraging you to move to Cash Management - it does have all the functionalities you're used to from Banking and CashForecast, for example Nomentia Payments and Liquidity. If you have any questions, please see the link below or contact us by emailing nomentia@nomentia.com and we'll be in touch!

Thank you again and have a great day!

- Barbara / Nomentia

See how Nomentia Cash and Treasury Management Solutions improved
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Aravinda P.
AP
Senior Consultant
Mid-Market(51-1000 emp.)
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Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
(Original )Information
What do you like best about Nomentia Cash and Treasury Management Solutions?

this is good for each and every company for any cash management needs. Review collected by and hosted on G2.com.

What do you dislike about Nomentia Cash and Treasury Management Solutions?

No any improvement points everything good Review collected by and hosted on G2.com.

Recommendations to others considering Nomentia Cash and Treasury Management Solutions:

This software suits for any industry Review collected by and hosted on G2.com.

What problems is Nomentia Cash and Treasury Management Solutions solving and how is that benefiting you?

Useing this for cash management Review collected by and hosted on G2.com.

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Terho T.
TT
Treasurer
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: G2 Gives Campaign
Incentivized Review
What do you like best about Nomentia Cash and Treasury Management Solutions?

Nomentia has been in the front of cash and liquidity management systems.

It has provided advanced approach to manage companies' accounts and liquidity with the integrations into different systems. Review collected by and hosted on G2.com.

What do you dislike about Nomentia Cash and Treasury Management Solutions?

N/A, hard to mention. I have been satisfied for years. Review collected by and hosted on G2.com.

What problems is Nomentia Cash and Treasury Management Solutions solving and how is that benefiting you?

Worldwide payments and account management Review collected by and hosted on G2.com.

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Response from Nomentia Nomentia of Nomentia Cash and Treasury Management Solutions
Editedit

Hello Terho! Thank you for your review, we appreciate it a lot! Best regards, Nomentia Marketing Team

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KH
ICT-Officer
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about Nomentia Cash and Treasury Management Solutions?

Good communications and overal working with partners . I adadad ksldf aölfäökl säfökldsäöflksaäfksaäklfasäöfdk aäksfdäaklöklsadflföklasf a sdfökl sdfökl sadfökl asöldf aäsldkf alsdf äöalskdf äsaöldkf asäödkf aäsdkf äaösldkf äösaldkf äöalsdkf äaölkdf äöaslkdf äöasldf äöakfd äalskdf äöladsf äölakdsfä öklasfd äölaksdfäö lkasdf ölkasdfäöl kasdäöfl kasdäöflk asädlfkaäödslf aäödlkf aäösldfk aäsödlkf aäsödlfk äalfdk aäsölfdk aäsölfd äkld Review collected by and hosted on G2.com.

What do you dislike about Nomentia Cash and Treasury Management Solutions?

Some delays to response on going on cases. Review collected by and hosted on G2.com.

Recommendations to others considering Nomentia Cash and Treasury Management Solutions:

Please check this also if needed. Review collected by and hosted on G2.com.

What problems is Nomentia Cash and Treasury Management Solutions solving and how is that benefiting you?

Banking. That some cases are even easier to deal with right partner. kfsaölkfdsaölkfd aäösldfk aödsäfl kasdäöf lkdsafäö klasdäöfl kaädsöfkl asäödlfkaäsödlfkaäösldkfaäsödklfewölr äaosdfskjfdaäösdlfkasdäfökasdäöklfäödsafdsf Review collected by and hosted on G2.com.

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