Porsche Holding

When REVAL was implemented in 2014, the question arose as to whether the new TMS could cover all treasury-related tasks or whether reporting and cash flow forecasting should continue to rely on Nomentia. An in-depth analysis revealed that the reports of Porsche Corporate Finance required a very high degree of flexibility which REVAL was not able to provide. It was also not possible to migrate and comparably mirror the cash flow forecasting in the new TMS. As a result, the decision was taken to continue to prepare both reports in Nomentia and to synchronize the systems with each other.

Solution

The first step was to clearly define which data would be primarily stored in REVAL and which primarily in Nomentia. The data primarily stored in REVAL was subsequently migrated to Nomentia on a daily basis by means of automated interfaces. This involved ensuring that all of the data from REVAL are automatically available in Nomentia and that no manual data processing is necessary. The subsidiaries continue to use flexible data capturing via Nomentia for cash flow forecasting. Manually captured data and data from REVAL are integrated into a series of flexible reports which can be prepared in a matter of seconds at the press of a button. These reports can also be quickly modified to reflect new reporting requirements. The module for bank charges monitoring was also implemented.

Outputs

• Insightful cash flow forecasting
• Simple to use and therefore high acceptance levels among subsidiaries
• Flexible and easily modifiable reports
• Automatic synchronization with data from the REVAL TMS