Nomentia
40 Case Studies
A Nomentia Case Study
NCC, a multinational construction and property development company, faced significant challenges in managing its financial operations. Handling 1.4 million invoices annually across four Nordic countries involved excessive manual work. A major pain point was that their ERP system could not deliver files in the required formats for different banks, causing inefficiencies and risk. To address this, they turned to the vendor Nomentia for a payments solution.
Nomentia implemented its payment solution to act as a middleware, standardizing NCC's payment process across all banks and countries. This automation eliminated manual work and handled all necessary file format conversions. As a result, NCC now has better control over cash flow and liquidity, saves time and money, and is prepared for future changes in the Nordic payment market. The vendor Nomentia provided a centralized hub that gives NCC a secure overview of all its payment processes.
Nina Brun
Head of Treasury Operations