Nomentia Bank Account Management

Nomentia Bank Account Management is a centralized, multi-bank solution designed to streamline and optimize the management of corporate bank accounts across global entities. It enables organizations to retrieve, view, analyze, and monitor cash flows, account statements, and payments from a single platform. By connecting all bank accounts to one hub, Nomentia enhances visibility, control, compliance, and operational efficiency in treasury operations.

Features

• Centralized management of all bank accounts across the organization
• Automated retrieval and processing of account statements and transactions
• Electronic Bank Account Management (eBAM) with supported banks
• Multi-bank connectivity via host-to-host, SWIFT, or local protocols
• User-friendly reporting and visualization tools
• Advanced filtering and analysis capabilities
• Audit trail and archive functionality for compliance
• Multi-factor authentication and SSO login options
• Integration with ERP, TMS, and other financial systems
• Unlimited scalability for number of bank accounts

Capabilities

• Monitor opening/closing balances, intraday transactions, and currency payments
• Calculate value-date balances and manage liquidity with target balancing and ZBA
• Automate transaction postings to general ledgers and treasury systems
• Set up posting rules and workflows for transaction processing
• Manage account signatory rights and regulatory reporting
• Maintain uninterrupted bank communication and data sharing
• Retrieve FX rates and transaction data through a unified interface
• Generate reports on interest-bearing accounts and account hierarchies

Benefits

• Improved cash visibility and liquidity control across all entities
• Reduced manual work and errors through automation
• Enhanced financial decision-making with real-time data
• Stronger compliance and security through controlled access and audit trails
• Faster onboarding and management of bank accounts via eBAM
• Scalable solution suitable for growing organizations
• Seamless integration with existing financial infrastructure
• Trusted by over 1400 global clients