Case Study: Bertelsmann achieves more efficient group guarantee management with Nomentia

Bertelsmann - Customer Case Study

Bertelsmann, the largest media group in Europe, was facing inefficiencies in managing its group guarantees through an outdated Access-based solution, which required significant central effort. Their challenge was to decentralize this work by allowing subsidiaries to directly enter data into a web-based system while also automating key processes to reduce manual workload. They turned to Nomentia to address these issues.

Nomentia implemented its guarantee management module, which was further optimized during the project. The solution automated invoices for charges and commissions and used automated reminders to ensure timely data entry from subsidiaries. This resulted in significant monthly time savings, a reduced treasury workload, and provided a complete, analyzable overview of all guarantees for Bertelsmann.

Bertelsmann

Christian Melcher

Senior Vice President International Corporate Treasury & Finance