Case Study: 365 Retail Markets achieves unified cash visibility and automated forecasting with Nilus

365 Retail Markets saves 40+ hrs/mo on cash forecasting with Nilus

365 Retail Markets, a provider of self-service retail technology, faced significant challenges in managing its cash flow forecast due to rapid growth through acquisitions and multiple banking relationships. The treasury team was manually stitching together data from eight banks and its ERP in Excel spreadsheets, a process that was time-consuming, prone to error, and provided inadequate visibility for strategic planning. They turned to Nilus for its cash management and forecasting solutions to automate this complex process.

Nilus implemented its AI-powered treasury platform, which integrated seamlessly with the company's existing financial systems to pull live bank and ERP data. This provided a unified, real-time view of cash positions and automated cash flow forecasting. The solution saved the team over 40 hours of manual work per month, eliminated errors, and provided a forecast granular enough for the company to confidently fund its growth and manage liquidity.

365 Retail Markets