Nomentia Bank Account Management

Centrally manage all your bank accounts, transactions and balances efficiently from a single application to collect, view, analyze and monitor cash flows, account statements and incoming reference payments.

nomentia bank account management

Robust bank account management in one tool

Facilitate centralized bank account management by connecting all your bank accounts to Nomentia and manage banks, accounts and related processes using one single tool

Enhance control over your bank accounts and transactions

Account management

Connect your group's global bank accounts and manage all transactions & balances from one single tool

Transaction management

Generate reports and view transactions, automated postings & voucher numberings across all accounts.

Balance management

View balance data, including opening and closing balances, limits, net flows and available balances.

Calculated value date balances

Calculate daily value date balances and zero balance accounts

Get the benefits of bank account management

Centrally manage all accounts, transactions and balances from one user-friendly system

Centralized control

Benefit from full visibility of your group's bank accounts, transactions and balances to improve organizational control

Process harmonization

Create and maintain standard and transparent processes across your entire group’s bank accounts.

Process automation

Automate processes such as data transfers, interfaces and postings to minimize reliance on manual work and reduce errors

Scalability

Limitless bank account connectivity for efficient multi-bank communications and management

Robust reporting

Access all your data rapidly and in real time. Search, filter and group data to create bank account and transaction reports

Strong security

Prevent fraud by controlling user rights and improving audit trail transparency

Bank account management

Nomentia Bank Account Management features

  • Schedule the retrieval of account statements, specifications and reference materials
  • Retrieve intraday transactions, incoming currency payments advance info and balances
  • Utilize Browser UI for browsing, searching, grouping and filtering retrieved account transactions and balances. Transfer selected material to Excel.
  • Retrieve exchange rates
  • Post account statement transactions, support posting models & rules, split & combine transactions and verify postings
  • Value date balance calculations
  • Distribute bank materials across several other systems.
  • Formulate balance and transaction files
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Get the most out of Nomentia Bank Account Management

Powerful Add-on Tools

Interest Calculation for Bank Account Balances

Interest calculation enables full visibility and reporting capabilities of positive or negative interest bearing for bank accounts or account hierarchies, calculated on value date balances

Target balancing

Target balancing is an automated process that creates sweeping and/or topping transactions on a predetermined day/time between any of your bank accounts, regardless of location. Automated zero balancing or target balancing transactions optimize liquidity availability whilst minimizing interest expenses and maximizing funds return

Archive

Archive is a user-friendly solution that extends Nomentia Bank Account Management functionality. With Nomentia Archive, you can electronically and permanently archive all account statements and access documents later via the user interface.

Bank connectivity

With Nomentia Bank Connectivity as a Service, you can easily connect with over 10,800 banks globally, whether it’s via host-to-host connections, SWIFT or local connections such as EBICS.