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Paulig, a family-owned food and beverage company, has chosen Nomentia as its new treasury management system provider. With operations in 13 countries, 14 factories, 2,400 employees, and €1.2 billion in revenue, their treasury needs are complex. The old system no longer kept up. Change was overdue.
The goal: a treasury system that actually works
“We sought integrated Treasury system with minimal maintenance,” says Teemu Kaartinen, Head of Group Treasury at Paulig.
The initial plan was simple: find a system that works. Nomentia was already on the radar, but other options were researched and considered. But the more Paulig explored, the more they saw the value in taking it further. Paulig needed more than features. They needed a solution that worked the way they did.
What started as purely as a bank connectivity solution quickly turned into a bigger conversation. “We first looked at Nomentia just for banking connections and payment,” says Pia Metsäaho, Business Controller. “But once we understood the benefits of having forecasting, liquidity, payments—all in one place, all working together—it clicked,” says Teemu Kaartinen.
Nomentia's modular structure meant they could build exactly what they needed without bolting together half-compatible tools or struggling with custom integrations.
“During the implementation, soon it became clear we weren’t just buying software, but chose a partner who understand treasury,” adds Kari Laakkonen, Treasury Manager who led implementation project.
A system that works, right away
For Paulig, the strength of Nomentia wasn’t in endless customization. It was in how quickly the system could be deployed and start delivering value. With no need for heavy IT involvement or external consultants, treasury teams can get up and running fast, even with limited internal resources.
That ease of implementation means less time spent on setup and more time focused on actual treasury work. For a lean team, having a solution that just works out of the box makes all the difference.
About Paulig
Paulig is a Finnish family-owned food and beverage company founded in 1876. Known for its commitment to quality and sustainability, Paulig operates in 13 countries with 14 factories and 2,400 employees. Its diverse portfolio includes coffee, spices, and ready meals, generating €1.2 billion in revenue in 2024. www.pauliggroup.com
About Nomentia
Nomentia is a category leader within European treasury and cash management solutions. Nomentia’s mission is to provide unparalleled cloud treasury and cash management solutions for and with our customers.
Today, Nomentia is solving the challenges of modern treasurers and cash managers across 1400+ businesses in over 80 countries, processing more than 1 trillion euros annually. Nomentia solutions specialize in global payments, bank connectivity-as-service, cash forecasting and visibility, bank account management, financial process automation, treasury workflows, FX risk, in-house banking, and trade finance. www.nomentia.com.