Case Study: GG Group achieves scalable liquidity management with Nomentia

GG Group scales liquidity management across 13 locations with Nomentia

GG Group, a family-owned global industrial company focused on energy and data transmission solutions, faced significant challenges in cash flow forecasting as it rapidly expanded to 13 global locations. Their reliance on a complex, manually-adjusted Excel tool became unsustainable, making it difficult to maintain transparent forecasts and incorporate new entities and currencies. To address this, they turned to vendor Nomentia to implement its Liquidity Management solution.

By implementing Nomentia's platform, GG Group automated its daily cash position reporting and monthly rolling liquidity forecasts. The solution provided clean data for improved forecast accuracy, effortless scalability for adding new entities, and flexible scenario planning. After six years, the company benefits from significantly faster response times, reduced manual effort, and a secure, scalable system that has eliminated the limitations of its previous Excel-based processes.

GG Group