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Nomentia Reviews & Product Details

Nomentia provides cloud-based cash and treasury management solutions. Nomentia's product portfolio includes Payments, Bank Connectivity, Liquidity Management, Bank Account Management, Cash Visibility & Forecasting, Financial Process Automation, Treasury Workflows, Risk Management, In-house Bank & Internal Loans, Loan Management, Bank Fee Analysis, Trade Finance, and Payment Reconciliation and Process Controls. Using Nomentia, you can centralize your payments, take control of your group's cash flows, improve forecasting and visibility, add bank connections easily, and connect with any systems, such as TMS or ERPs. With Nomentia, you can choose the modules you need and you can add more modules easily at any time. It's also easy to add new bank connections or users globally. Nomentia has been modernizing cash and treasury management for decades together with treasury and finance professionals.

Seller

Nomentia

Discussions

Nomentia Community

Languages Supported

German, English, Finnish, Swedish

Overview by

Nomentia Nomentia

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Nomentia Media

Nomentia Demo - Nomentia Cash Forecasting

The Nomentia Cash Forecasting Dashboard can be modified based on your preferences.

Overview of the payments.

Nomentia In-house Bank Dashboard

Assisted reconciliation.

Nomentia Demo - Nomentia Bank Account Management

Overview of the bank statements.

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Frank F.

Controller FX Risk Management

Enterprise (> 1000 emp.)

1/18/2023

"FX Risk Management Suite (TIP)"

5/5

What do you like best about Nomentia?

Provides transparency about FX exposure, helps to automate FX exposure planning and provides a smart solution to optimize a hedging portfolio based on a cash flow at risk calculation. Review collected by and hosted on G2.com.

What do you dislike about Nomentia?

There is room for improvement to safely guide through the user processees (parameter settings, update mapping tables). Depending on the individual setup the various settings and mappings can get quite complex.

MS Excel downloads are available in predefined report structures, however data pivoting is available only with an upcharge option. Review collected by and hosted on G2.com.

What problems is Nomentia solving and how is that benefiting you?

Saves ressources by automating core proceses in FX risk management.

Reduces the risk for error prone complex processees previously managed in MS Excel.

Supports management decision to optimize the hedging strategy for lower hedging cost and risk reduction.

Overall the solution enhances the FX risk management process quality itself (reliability, speed, stability) and the process output (transparency, efficient hedging decision) Review collected by and hosted on G2.com.

Adithya S.

Programmer Analyst Trainee

Enterprise (> 1000 emp.)

12/21/2022

"Extraordinary tool for financial management and payments"

4.5/5

What do you like best about Nomentia?

It has played a significant role in our IT treasury landscape for more than ten years as a tool for information logistics. Our requirements were successfully implemented because to the system's ease of use, adaptability, and speed as well as Nomentia's industry knowledge and openness to customer-driven advancements Review collected by and hosted on G2.com.

What do you dislike about Nomentia?

Nothing much. Infact we save valuable time every month due to the simple management and automated invoices. It's one of the best finance management tool I ever came across. Review collected by and hosted on G2.com.

Daniel W.

Mid-Market (51-1000 emp.)

2/14/2023

"Implementation Cash and Treasury Mangement"

5/5

What do you like best about Nomentia?

- Easy to use and implement

- Very indicidual processes for payment approval

- Great support Review collected by and hosted on G2.com.

What do you dislike about Nomentia?

Sometimes to many columns that are not needed Review collected by and hosted on G2.com.

Marcus v.

Senior Consultant

Mid-Market (51-1000 emp.)

2/8/2023

"Corporate Treasury Consultant"

5/5

What do you like best about Nomentia?

Security, cloud based solution, connectivity, payments capabilities, flexibility in terms of file formats, interfaces Review collected by and hosted on G2.com.

What do you dislike about Nomentia?

planning, more concrete the capabilities of long term planning Review collected by and hosted on G2.com.

Alexander S.

Interim und Projekt Manager Corporate Treasury

Mid-Market (51-1000 emp.)

2/14/2023

Business partner of the seller or seller's competitor, not included in G2 scores.

"Implementation Nomentia Cash Management"

5/5

What do you like best about Nomentia?

easy to implement, intuitive reports, secure payments Review collected by and hosted on G2.com.

What do you dislike about Nomentia?

More FX evaluations in Nomentia Cash Management would be desirable Review collected by and hosted on G2.com.

Verified User in Accounting

Small-Business (50 or fewer emp.)

9/27/2022

"Great for custom solutions"

3.5/5

What do you like best about Nomentia?

It is adaptable per business requirements and business model Review collected by and hosted on G2.com.

What do you dislike about Nomentia?

should also offer risk management features Review collected by and hosted on G2.com.

Verified User in Telecommunications

Small-Business (50 or fewer emp.)

3/2/2022

"The systems is very modern and user-friendly."

5/5

What do you like best about Nomentia?

It's so easy to use, it's not "heavy" like some other systems. They are really focusing on improving the system all the time. Review collected by and hosted on G2.com.

What do you dislike about Nomentia?

As the new HTML5 version was recently released, there are still some bugs every now and then. But I'm sure it's just temporary. Review collected by and hosted on G2.com.

Response from Nomentia Nomentia of Nomentia

edit

Hello,

Thank you for your review, we appreciate it!

We're constantly working on making the solution working as flawlessly as possible and our teams are working on fixing all the issues related to the HTML5 update.

- Barbara / Nomentia

Sami R.

IT Business Partner

Enterprise (> 1000 emp.)

3/2/2022

"Very good and flexible services."

4.5/5

What do you like best about Nomentia?

Nomentia Banking & CashForecast are HTML5 based and easy to use on any device. Review collected by and hosted on G2.com.

What do you dislike about Nomentia?

Sadly, Nomentia cancel Banking and CashForecast products Review collected by and hosted on G2.com.

Response from Nomentia Nomentia of Nomentia

edit

Hello Sami,

Thank you for your review!

It's great to hear that you've loved using our Banking product. Banking is not yet going anywhere, however, we are encouraging you to move to Cash Management - it does have all the functionalities you're used to from Banking and CashForecast, for example Nomentia Payments and Liquidity. If you have any questions, please see the link below or contact us by emailing nomentia@nomentia.com and we'll be in touch!

Thank you again and have a great day!

- Barbara / Nomentia

See how Nomentia improved

Aravinda P.

Senior Consultant

Mid-Market (51-1000 emp.)

2/28/2022

"Great Vale Cash & Treasury Management Solution"

5/5

What do you like best about Nomentia?

this is good for each and every company for any cash management needs. Review collected by and hosted on G2.com.

What do you dislike about Nomentia?

No any improvement points everything good Review collected by and hosted on G2.com.

Terho T.

Treasurer

Small-Business (50 or fewer emp.)

10/26/2021

"Decades of cash management"

4.5/5

What do you like best about Nomentia?

Nomentia has been in the front of cash and liquidity management systems.

It has provided advanced approach to manage companies' accounts and liquidity with the integrations into different systems. Review collected by and hosted on G2.com.

What do you dislike about Nomentia?

N/A, hard to mention. I have been satisfied for years. Review collected by and hosted on G2.com.

Response from Nomentia Nomentia of Nomentia

edit

Hello Terho! Thank you for your review, we appreciate it a lot! Best regards, Nomentia Marketing Team