Nomentia In-House Bank | Transforming cash management

Centralize cash management within your organization

Manage your organization’s cash, liquidity, and financial assets better while improving cross-organizational control and reducing banking fees

Centralize intercompany financing

Centrally control group IC investments and funding, netting, internal FX, routing of payments, and collections on behalf of.

Efficient structures

Leverage optimal intercompany processes and reduce costs by decreasing the required volume of external transactions.

Streamline netting and FX management

Centrally net intercompany settlements and use multi-currency accounts and payments to reduce external hedging costs.

Boost cash visibility

Boost company-wide visibility into cash by connecting all bank accounts to the in-house bank.

A modern tool for better cash management

Create a payment factory within your in-house bank

Implement a payment hub within the in-house bank to go from manual payment processes to full automation by connecting all source systems and banks with your payment factory.

You can process domestic, regional, and global payments - even high-value complex international transfers.

Whether you aim to centralize or localize your payment processes, the payment hub will provide you with various functionalities.

Centralize all payment processes
Create fully automated payment processes
Execute manual payments when necessary using templates
A single platform for communicating with banks
Take better control of cash movements
Optimize cash & working capital
Receive real-time payment balance information

Create a payment factory within your in-house bank

Implement POBO & COBO for more control

To take more control over the outgoing and incoming payments, you can implement the payment-on-behalf-of (POBO) and collection-on-behalf-of (COBO) processes.

Set up internal accounts for subsidiaries
Execute payments on behalf of the subsidiary centrally
Collect payments on behalf of the subsidiary centrally
Receive and send payments from the group treasury’s account to the subsidiary’s internal accounts
Increase payment process centralization and operational efficiency
Reduce the number of bank accounts and decrease dependency on banks
Decrease banking fees
Optimize working capital management
Reconcile payments automatically

Centralized liquidity management

Collect all financial data, analyze historical cash flows, evaluate your working capital to gain complete insights into your company’s liquidity position.

Get complete visibility into the company’s cash positions throughout the entire organization
Connect all data sources (ERP, TMS, financial systems, banks) to automatically fetch financial data
Central visibility into bank account balances of entities
Automatically collect data from all your subsidiaries
Dynamic data views using a variety of functionalities such as aggregation, grouping, filtering, multiple time periods, and grid or graph views.
Fully customizable dashboards allow you to create insightful reports
View historic and current liquidity positions
Create both short & long-term liquidity forecasts
Compare actuals vs forecasts
Set up scenario analyses
Drill downs to the smallest details such as transaction levels
Set up cash pool structures
Monitor your FX hedging requirements

Improve financial risk management

Effective central liquidity management helps mitigate financial risk.
Making sure there’s enough cash to protect against unexpected expenses, economic downturns, or market volatility.

Minimize liquidity risk with accurate and real-time data
Mitigate credit risk by forecasting future cash positions
Speed up informed strategic decision-making based on reliable data
Minimize the need for short-term external funding
Leverage liquidity analyses to attract external funding
Ensure timeliness of reporting with defined deadlines, reminders, and status updates
Use multi-currency accounts and payments to reduce external hedging costs
Expand visibility into the group’s foreign exchange exposure and the currency position
Internal FX hedging

Intercompany financing

Adopt intercompany financing practices to optimize capital allocation and reduce borrowing costs, while also gaining greater control over financial operations and tax efficiency within the group.

Cover short-term financing needs internally by efficiently allocating capital within your corporate structure, using funds where needed the most
Eliminate unnecessary bank loans and lower borrowing costs
Automatically calculate and set interest rates for internal loans
Automatically net and invoice internal debts with clearing
Debt relationships between internal accounts are netted to gain control over intercompany settlements
Achieve greater transparency over subsidiaries’ financing activity and monitor it to minimize risk

Security & compliance

Security is always at the core of our solution.

Login is available via multi-factor authentication or SSO
Centralized user rights management allows you to gain better control over employee’s access based on their roles for SOX compliance
Full audit trail & archive functionality to ensure compliance
Nomentia In-house bank is hosted on Microsoft Azure to ensure highest possible security
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)

Security at Nomentia

Trusted by 1400+ customers worldwide

Bas Meijer

Interim Treasury Manager (external), Greenchoice

“Nomentia was the most obvious choice for Greenchoice when they learned that the solution is web-based, easy to customize and tailor to their needs, and the majority of bank connections were already established”

Bas Meijer

Interim Treasury Manager (external), Greenchoice

Read customer story

In-house Bank

Centralize cash management within your organization