Case Study: Lufthansa achieves centralized cash flow forecasting and treasury visibility with Nomentia

Lufthansa - Customer Case Study

The Lufthansa Group, a global aviation company with over 500 subsidiaries, sought to centralize its financial data. Their challenge was to implement a system to capture, aggregate, and analyze cash flow, financial status, and FX exposure from all their entities. The system needed to integrate with their TMS and ERP systems and provide the treasury department with the ability to generate and distribute flexible reports independently. They partnered with Nomentia to find a solution.

Nomentia implemented a solution based on Lufthansa's precise specifications, integrating it with upstream and downstream systems. The implementation provided reliable cash flow forecasting, automated data import, and a comprehensive set of reports, empowering key users to develop new reports in-house. As a result, Lufthansa achieved global system availability and significantly improved user-friendliness. A company representative stated the system has been a central element of their IT treasury landscape for over a decade, citing its simplicity, flexibility, and speed.

Lufthansa

Thomas Linnert

Head of Corporate Treasury Operations