A completely new dimension of cash flow forecasting:
with smart forecasting & predictive analytics
1. Cash flow forecasting
You decide which level and at which intervals you perform your forecasting. From an account-based 5-day forecast to a 12-month perspective at the level of your specific forecasting category – you decide what is best suited to your requirements.
2. Leverage your existing data
Actual cash flows, open positions, orders and more: We automatically integrate all the relevant forecast data from all ERP and other systems into your forecasting – completely up-to-date (daily) and without manual inputs.
3. Smart forecasting
Adjust forecast values by means of drag & drop, perform forecast/forecast and forecast/actual comparisons and run simulations – that’s how smart forecasting can be.
4. Predictive analytics
Boost your forecasting quality completely automatically using the latest algorithms. The system not only takes seasonality and trends into account automatically but also external influencing factors, industry-specific indicators and the like are fed into the calculations.
5. Intuitive use
With Nomentia, your forecasting is as easy as it is in Excel – but without the disadvantages of Excel. From various forecast structures to adding currencies, drill-down features and project-based forecasting. Everything you are already familiar with – only far better.
CASH FLOW FORECASTING
Cash flow forecasting – as simple as possible, as comprehensive as necessary
Nomentia provides you with the option of selecting flexible forecasting solutions and combining these with each other. You decide which level and at which intervals you perform your forecasting. From an account-based 5-day forecast to a 12-month perspective at the level of your specific forecasting category – you decide what is best suited to your requirements. All possible forecasting intervals (day, week, month, year, etc.) are available and you decide how detailed the forecasting should be and how often it needs to be performed.
Leverage the hidden treasure of your systems data
Actual cash flows, open positions, orders and more: Automatic connectors allow you to seamlessly and automatically import all the relevant forecast data from your ERP systems. Do you use SAP? Then you’ll benefit thanks to our SAP Integration Package (SIP) from data imports in record time and go easy on your IT resources as well. SIP is 100% S/4HANA-ready!
It goes without saying that we also integrate your banks and automatically make balances, transactions and inter-day information available as a basis for and an element of your forecasting.
Smart forecasting: because forecasting can be fun
We had access to invaluable support while developing our smart forecasting features: to you! We listened to you, our clients, and put together a package which is unique: Adjust your forecast values simply by means of drag&drop features and perform both forecast/forecast and forecast/actual comparisons. You can also deploy forecasts calculated using predictive analytics and compare these with your current standard forecasts. Do you want to know happens to your forecast data when your working capital indicators (DSO and DPO) and/or exchange rates change? No problem. Just run a simulation and directly analyse their impacts on your forecasts. You can also define known dependencies between simulation variables to get even faster and more reliable results – when the going is smooth and when it gets tough.
Predictive analytics: a completely new level of forecasting quality
Predictive analytics relies on the latest algorithms to boost your forecasting quality. This feature is seamlessly integrated into the smart forecasting functions, meaning that the number crunching runs automatically in the background: Up to nine different model groups (from A for Arima to N for neural networks and X for XGBoost) feed the software with your historical data before you select the most appropriate model with the highest degree of forecasting accuracy – and that for every subsidiary, forecasting category or currency. Not only seasonality and trends are automatically taken into account but also external influencing factors, industry-specific indicators and trends are fed into the calculations. And since the world keeps revolving, the forecasting module also regularly checks itself whether the selected model is still delivering the best results and modifies it if necessary.
Forget any prejudices you may have about cash flow forecasting: Nomentia provides you with a solution which is as easy as Excel – but without the disadvantages of Excel. Manage different forecasting structures and views to reflect the unique characteristics of various business areas but without overloading the forecasting. A mouse click is all it takes to add new currencies, drill up and down effortlessly between different time intervals, forecast your projects quickly and easily with the aid of pre-defined project templates or add comments to specific cash flows. The system automatically takes care of consolidating the data at various levels (e.g. regions, divisions, sub-groups and the group) as well as translating between local and group currencies.
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Nomentia has a hyper modular approach. Take only the solutions that you need and integrate them into your existing technology stack.
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