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Location Office

Linnoitustie 6
Espoo
FI

Nomentia OY Office Head Office

Postintaival 7
Helsinki
FI

Nomentia OY Office

Löfströms Allé 5, Sundbyberg
Stockholm
SE

Telephone

+358 40 762 33 56

Contact

Barbara Babati
[email protected]

Nomentia Netting

Intra Group Netting

Optimized intra-group money logistics

Subsidiaries of multinational corporations typically interact with each other commercially. If the subsidiaries’ home currencies differ from each other, the multilateral business can result in a complex invoice ledger, carrying a significant currency risk.

The most effective way to cut payment costs is not to make the payments in the first place. That is what Netting does, it eliminates most intra-group payments across the external banking system. In addition, the use of netting will often lead to improvements in other areas as the netting system imposes operational discipline throughout the group.

Netting also reduces cash-in-transit and centralizes the management of currency dealing with the head office, making it an essential tool for increasing the efficiency in money logistics.

Your benefits with Nomentia Netting:

  • Operational savings by lowering the number of payments
  • Save in FX transaction costs by netting the currency flows
  • Improved discipline in internal payments

 

 

 

 

 

View other products from Nomentia

Inhouse Banking

CONTROL YOUR GLOBAL CASH FLOWS   With an In-house bank, Treasury can offer subsidiaries banking services under its own terms, removing the need for external banks and separate bank accounts for the units while lowering overall banking costs. Our in-house banking solution includes Automated balance reconciliation and month end activities Automated intra group payments Intra group …

Payment Management

INCREASE TRANSPARENCY AND CONTROL   Payments seamlessly integrates all of your financial systems into one secure gateway, which firmly centralizes your group's payments to mitigate the risk of fraud and cybercrime. All payments, for example credit note batches, treasury payments, salary payments and different manual payments, can be managed in one place with our easy oto use solution.   …

Global Bank Connectivity

With our open banking interfaces you can easily integrate all of your banks to any financial back office system. We handle your entire bank integration layer regardless of whether you need connections for treasury or supplier payments, bank statement reporting, or trade finance. You can easily integrate all your banks to any financial back office …