Case Study: Joyson Safety Systems achieves group-wide cash flow forecasting in 10 days with Nomentia

Joyson Safety Systems - Customer Case Study

Joyson Safety Systems, a global leader in mobility safety, needed to rapidly replace its Excel-based cash flow forecasting with a new web-based solution. The company challenged its vendor, Nomentia, to implement a comprehensive and uniform group-wide treasury management system within an extremely tight deadline of just a few days, with demanding requirements for transparency and accuracy.

Nomentia executed an efficient workflow to import master data and link a new forecasting grid to the company's SAP system. This solution provided a flexible basis for data analysis and group-wide forecasting. As a direct result, Nomentia successfully implemented the entire cash flow forecasting system in only ten days, which included a dashboard and over ten analytical reports. This led to high levels of acceptance across subsidiaries and delivered rapid, transparent results for the group.

Joyson Safety Systems

Britta Baier

Director Emea Corporate Finance & Treasury