Case Study: Crayon achieves better cash visibility and liquidity forecasting with Nomentia

Crayon boosts cash visibility across 46 countries with Nomentia

Crayon, a global IT services company, struggled with inefficient and inaccurate cash and liquidity management due to a heavy reliance on manual Excel-based processes. This decentralized system lacked real-time data and visibility, hindering effective decision-making. To overcome these challenges, Crayon implemented cash visibility and liquidity management tools from Nomentia.

Nomentia's solution automated cash flow forecasting and provided a centralized platform for financial data, eliminating manual work and constant email exchanges. This resulted in massive improvements to Crayon's liquidity forecasting, giving them instant global cash visibility and a more productive financial operation. Following this success, Crayon is expanding its partnership with Nomentia by implementing a loan management module to further enhance efficiency.

Crayon