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Nomentia, the leading provider of cash management solutions, announces today that Tomra is choosing Nomentia's Liquidity solution for their cash forecasting and visibility.
The TOMRA group has grown both in size and complexity and has decided to implement Nomentia Cash Forecasting to enhance the group’s cash forecasting processes.
One of the reasons why Tomra chose Nomentia is the strong understanding of the Nordic market while at the same time having a wide global reach.
TOMRA was founded on an innovation in 1972 that began with design, manufacturing, and sale of reverse vending machines (RVMs) for automated collection of used beverage containers. Today TOMRA provides technology-led solutions that enable the circular economy with the advanced collection and sorting systems that optimize resource recovery and minimize waste in the food, recycling, and mining industries.
‘I am excited to welcome Tomra to the cash management family. Together we will work on automating Tomra’s cash management processes. Our Liquidity solution is already helping many companies in their cash forecasting and visibility needs and we aim to implement it quickly for Tomra,’ says Jukka Sallinen, CEO, Nomentia.
About Tomra
TOMRA has more than 100,000 installations in over 80 markets worldwide and had total revenues of ~9.3 billion NOK in 2019. The Group employs ~4,500 globally and is publicly listed on the Oslo Stock Exchange. (OSE: TOM). For further information about TOMRA, please see www.tomra.com
About Nomentia
Nomentia is a leading provider in cash management software with over 1600 customers across more than 100 countries. Our secure, cloud-based solution enables Treasury and Finance professionals to harmonize global processes and policies, centralize treasury and finance operations and reduce complexity. We simplify the management of all cash flows and liquidity and automate the processing of both payments and collections. All of this ensures full visibility of your cash while reducing the risk of fraud.