Nilus
12 Case Studies
A Nilus Case Study
Alloy, an identity risk management platform, faced a significant challenge with its manual cash management process. A contractor was spending a full day each week manually rebuilding cash data from over 10 bank accounts into spreadsheets, which delayed analysis and was prone to errors. To solve this, Alloy implemented Nilus's cash positions and cash flow forecasting products to gain real-time visibility and automate these manual tasks.
Nilus provided a solution that automated cash reconciliation and provided real-time insight into multi-currency accounts. This implementation saved Alloy's finance team over 50 hours per month, eliminating a full day of manual work each week. With the time saved, the VP of Finance could shift focus to strategic initiatives like optimizing customer segments for better return on investment and guiding collections efforts to meet cash targets, fundamentally changing the team's role from data validation to strategic decision-making.