Nomentia In-House Bank

Nomentia In-House Bank is a cloud-based solution designed to centralize and streamline corporate cash and treasury management. It enables organizations to automate payments, manage intercompany financing, implement POBO and COBO processes, and gain full visibility into liquidity and FX exposure across the group.

Features

• Centralized payment processing for domestic, regional, and global transactions
• Implementation of POBO (Payment-on-Behalf-of) and COBO (Collection-on-Behalf-of)
• Internal accounts for subsidiaries to manage group-level transactions
• Automated reconciliation and posting of payments
• Multi-currency account support and FX management
• Real-time visibility into cash positions and liquidity
• Netting and invoicing of intercompany transactions
• Payment hub integration for full automation
• Scenario analysis and forecasting tools
• Dashboards for monitoring FX exposure and liquidity

Capabilities

• Replace traditional cash pools and virtual accounts with centralized structures
• Automate all outgoing and incoming payments across entities
• Connect all financial systems (ERP, TMS, banks) for real-time data exchange
• Execute and collect payments on behalf of subsidiaries
• Cover short-term financing needs internally to reduce interest costs
• Analyze historical and current liquidity positions
• Forecast future cash flows and FX risks
• Set internal interest rates and calculate interest automatically
• Reduce external hedging costs through internal FX netting

Benefits

• Increased control over group-wide cash movements
• Reduced banking fees and dependency on external banks
• Improved working capital and liquidity management
• Enhanced operational efficiency through automation
• Better visibility into FX exposure and cash positions
• Lower risk of interest payments and credit exposure
• Streamlined intercompany financing and settlements
• Scalable solution for multinational organizations