Case Study: Uponor achieves better currency risk control and treasury transparency with Nomentia

Uponor - Customer Case Study

Uponor, a Finnish wholesaler of building materials and infrastructure solutions with operations in 26 countries, faced a challenge in monitoring the financials of its dozens of subsidiaries. They required a system to provide transparency and control over operations, including the management of issued guarantees and currency risk, without disrupting local workflows. They turned to the vendor Nomentia for a solution.

Nomentia implemented its Cash Visibility and Risk Management products to address Uponor's needs. The solution provided essential transparency, allowing both headquarters and subsidiaries to monitor guarantees. A key result was enabling centralized currency risk management without interfering with subsidiary employees' work. According to Uponor's Treasury Manager, this freed up the subsidiaries' time, allowing them to focus more on their core business rather than manual financial tasks.

Uponor

Petri Wistrand

Treasury Manager