The key to cash flow visibility across multiple banks
This article is written by Nomentia What is cash flow visibility across banks? Cash flow visibility is the ability to see, in real time, how much liquidity a company has across all banks and entities. Many finance and treasury teams still rely on fragmented bank portals, spreadsheets, and disconnected ERPs. This creates delays, errors, and […]
Target balancing optimized with a cash management system
This article is written by Nomentia Making every cent count Idle cash is costly, and target balancing offers a powerful solution to keep funds active and optimized. It’s no surprise that global companies are investing in cash management systems to enhance target balancing and to make global cash management smoother and more effective. By automating […]
Top features to look for in in-house bank software
This article is written by Nomentia Executive summary: For global businesses looking to harmonize their cash management and gain control and visibility over their payment operations, an in-house bank is an obvious choice. In this article, we answer the following questions: What are the core functionalities of in-house bank software, and how does in-house bank […]
Why Excel Fails at Cash Flow Forecasting
This article is written by Nomentia Cash flow forecasting serves a foundational function in the financial planning of any business. It provides answers to questions like: “Do we have enough cash to meet our immediate and short-term obligations?” “How much cash do we need to set aside for upcoming tax payments?” and “What are our […]
How to Prevent Payment Fraud?
This article is written by Nomentia Executive summary: The increasing frequency of accounts payable payment fraud has compelled treasurers and cash managers to pay attention to how to prevent payment fraud. “How to prevent payment fraud: Payment Process Controls explained” outlines the current landscape of payment fraud and highlights how Nomentia’s Payment Process Controls can […]
Payment Hub Implementation Checklist
This article is written by Nomentia In today’s digitalized financial landscape, optimizing payment operations is essential for businesses to stay competitive. Here is a comprehensive checklist for finance professionals looking to implement a payment hub. Payment Hub Implementation Start by assessing your payment operations, technology, and challenges. – Manual data entry leading to errors.’ – Fragmented payment processes […]
Payment hub security: Everything you need to know
This article is written by Nomentia Executive summary: As businesses handle more sensitive data and cross-border transactions, payment hubs have become essential for secure and efficient payment processes. Their security features mitigate fraud and operational risks, but continuous system strengthening is crucial to address evolving threats. In this blog post, Brian Hopkins, CISO at Nomentia […]
How payment hubs work in the Netherlands
This article is written by Nomentia Organizations of many sizes reach a point where payment technologies become inevitable. As organizations grow, the volume of payments rises, more bank accounts need to be opened (more e-banking tokens and manual payments), ERP systems start playing a more prominent role, and you’ll likely add new entities and users, […]
How to prepare for a successful payment factory implementation
This article is written by Nomentia Checklist for successful payment factory project A payment hub offers organizations a centralized platform to streamline payment processes and enhance financial management, especially in complex payment landscapes. Forward-looking treasury and cash management professionals are increasingly looking to safeguard and future-proof their business-critical processes with a payment hub. Proper preparation is essential for successfully […]
Treasury expert’s insights: Payment hub implementation
This article is written by Nomentia Summary. A payment hub solution is a key technology to centralized cash management. Fragmented payment systems, manual payment processes, and the lack of real-time cash flow visibility pose significant challenges that can quickly lead to inefficiencies and risk management issues. In this article, based on our chat with treasury expert Pia […]