Nomentia Bank Account Management
A centralized multibank solution to manage all your bank accounts.
One platform for all bank accounts
Centralized account management
- Connect your group’s global bank accounts to improve visibility and control
- Automate processes such as data transfers, interfaces, and postings to minimize manual work and errors
- Optimal user management with controlled user rights and full audit trail transparency
- Enhance scalability with an unlimited number of bank accounts
- User-friendly reporting, filtering, and visualization of all account data
- Connect to any ERP, Treasury Management System, or other financial systems
Connect to any bank across the globe
Bank connectivity
- Connect to banks through host-to-host connectivity
- Utilize local connectivity types such as EBICS
- Connect to banks through SWIFT Alliance Lite2
- Monitoring and maintenance of bank connections to ensure continuity
- Managed data mapping and file format conversions
All transactions in one place
Transaction management
- Retrieve all account transactions and FX rates through one interface
- Add or modify transaction-specific reference numbers and divide reference transactions into separate files
- Calculate account-specific value-date balances with transaction data
- Transfer account statements and reference transactions to general ledgers, sub-ledgers, desired treasury systems, or other systems.
- Set up posting rules to automatically pre-process and post statement transactions
Instant insight into all account balances
Balance management
- View opening and closing balances, net flows, limits, and available funds at any desired time
- Retrieve intraday transactions, currency payments, and reference materials
- Calculate daily value date balances
- Global target balancing
- Possibility for zero account balance (ZBA) to optimize company liquidity by transferring funds when needed from a central account
Benefit from eBAM functionalities
Electronic bank account management
- Manage all eBAM-qualified accounts from a single platform
- Automated workflows and rules
- Open and close bank accounts
- Maintain bank accounts
- Update account and transactional signatory rights
- Generate reports for regulatory purposes
The security of the cloud
Security & compliance
- Login via multi-factor authentication or SSO
- Centralized user rights management to control employee’s access based on their roles for SOX compliance
- Nomentia Bank Account Management is hosted on Microsoft Azure, a secure cloud-based solution
- Nomentia holds the following certifications: ISO/IEC 27001 Information Security Management System (ISMS), ISAE 3402 TYPE 2, and SWIFT Certified Application (Cash Management for Corporates and CSP compliance)
Companies using Nomentia Bank Account Management
Transforming bank account management on a global scale.
Case study
Bank account management for Schott AG
How Schott is using Nomentia Bank Account Management and eBAM for digitization.
"This project in cooperation with Nomentia and Deutsche Bank has successfully digitalized an important area of bank account management. We are also convinced that far more is possible. We aim to keep focussing on this and invite all others working in treasury to do as we have done. This is the only way that completely digitalized bank account management can become reality."
Other solutions you may find interesting
Bank Connectivity as a Service
Cash Flow Forecasting
Liquidity
In-House Banking
We’d love to meet you!
Hyper modular
Nomentia has a hyper modular approach. Take only the solutions that you need and integrate them into your existing technology stack.
Connect with your banks easily
We help you to connect with over 10 000 banks globally through host-to-host, SWIFT, and local connections.