Nilus

"We'll just build it ourselves." It's a phrase we're hearing more often from treasury teams lately. With open-source tools readily available, the DIY approach can seem appealing. But here's what we're seeing in the field: Treasury teams that try to build their own solutions often end up spending more time maintaining technology than managing cash. Think about it - do you want your treasury team focused on: - Debugging code? - Managing security patches? - Maintaining infrastructure? Or do you want them focused on: - Optimizing cash positions - Strategic forecasting - And driving business value Your treasury team's expertise is in treasury, not technology. Let them focus on what they do best. Tracey Knight, thank you for the great conversation at AFP 2024!

Question: What do treasury practitioners really want? Answer: Automated cash flow forecasting. How do we know? We asked dozens of treasury leaders at AFP 2024 and their answer was unanimous and clear: They need forecasting that's less manual and more connected to their data. Here's why it matters: • Real-time bank data means accurate forecasts • Payment pattern analysis predicts cash flow better • Multi-scenario planning becomes effortless The risk? Manual forecasting isn't just slow—it's dangerous. You know as well as we do: one spreadsheet error can impact major financial decisions. We built Nilus to solve this. Our automated forecasting connects directly to your banks, ERPs, and critical systems. No more manual reconciliation. No more outdated data. Just accurate forecasts that help you make better decisions. Learn the 3 ways forecasting automation can transform your business: https://lnkd.in/dyfh-Kkk

Why is cash flow forecasting so critical? "TRUE. CASH." At least according to 365 Retail Markets, a self-service retail platform. "We always need a sense of a true cash view to meet our obligations—just relying on FP&A or accounting data isn't enough” said Miller, Senior Manager, Treasury Services. “The Nilus platform uses live bank data and actual ERP payments, projecting cash flow forward for an accurate bottom up forecast. It delivers an Excel-like experience, minus the manual effort." We just published a full case study detailing how 365 Retail Markets improves its cash visibility and cash flow forecasting with Nilus. Check it out in the comments below. 

'If you had one wish granted by the Treasury genie, what would you wish for?' We asked this question to dozens of treasury practitioners at AFP Nashville last month. The responses were fascinating - and concerning. Almost all of them wished for: - Clear cash-flow visibility - AI-driven cash flow forecasting - Automated workflows - Integration across systems One treasurer summed it up perfectly: 'Everything in one system instead of 17 different spreadsheets.' This is why I started Nilus with Danielle Shaul. Not because we needed another TMS in the market. But because the existing ones weren't solving these fundamental problems. After spending a week talking to practitioners, it's clear: Treasury teams aren't looking for more features. They're looking for simplicity and an integrated cash flow forecasting system. With automation that actually works. Your treasury team shouldn't need a genie to get these basics right. Emily L.

We're happy to share this helpful new article on maximizing Share of Wallet with banking partners by Matthew Harlan, our Chief Treasury Officer. Read below and let us know what you think.

Nilus is bringing together senior treasury leaders in Chicago on December 5th for an exclusive dinner on navigating AI and treasury technology. No slides. No sales pitches. Just real discussions about how technology is reshaping treasury operations. Limited to 15 seats around the table. Interested? Drop us a line.

Big milestone at Nilus this week! We are celebrating 3 exceptional promotions: Emily → VP of Customer Success Our customers rave about our team’s white-glove approach, and Emily is leading this effort. The way she's scaled our customer experience while maintaining the personal touch is remarkable. She will continue to ensure our customers are growing and happy. In her expanded role, Emily will continue driving customer growth and satisfaction across our expanding portfolio. Hadar → VP of Product The recent innovations in our treasury platform showcase Hadar's exceptional product vision. Her deep understanding of customer needs and ability to translate them into powerful, intuitive solutions has been essential for our product development. As VP of Product, Hadar will continue guiding our product roadmap to deliver even more value to modern finance teams. Jessica → VP of Business Operations Jessica's operational expertise has been essential to our growth since our early days, when she has helped build out various functions across the org, create our 0-1 playbooks, and drive strategic cross functional alignment. In her new role as VP of Business Operations, Jessica will lead our go-to-market strategy and operational planning to ensure that we are growing and scaling effectively. These are 3 leaders who embody everything we're building at Nilus - deep expertise, relentless customer focus, and the drive to transform how modern finance teams work. We are honored to have them with us!

The AFP Treasury Connect: Navigating Your Technology Journey, exclusively sponsored by Nilus, explored the topic of treasury technology from multiple distinct points of view. Here are five key insights from the event: 1️⃣ When selecting a TMS, first get clear about where you are and where you want to be. 2️⃣ TMS system implementation never ends — you’re always going to optimize it. 3️⃣ AI has the power to analyze and aggregate data quickly, enabling real-time insights. 4️⃣ AI offers treasury professionals the opportunity to focus on strategic tasks. 5️⃣ AI has the ability to transform cash management from an estimate-driven process into a data-powered strategic advantage. Learn more about each insight in this article: https://hubs.ly/Q02YKQr50

Recently Matthew Harlan, our Chief Treasury Officer at Nilus, wanted to learn more about how treasury practitioners manage day-to-day liquidity while minimizing risk. So he asked Devin Scott, Director of Treasury at Kaseya. Here's what he found out. Treasurers: agree with this analysis? Let us know 👇

Had a fascinating chat with Devin Scott, Director of Treasury at Kaseya, about one of treasury's most critical challenges: managing day-to-day liquidity while minimizing risk. One thing that really stood out? His emphasis on building relationships across the organization. "Building relationships with teams whose inputs significantly impact cash fluctuations—like Payroll, Collections, AP, Tax, and others—is essential," he said. This resonates deeply with my experience. The best treasury teams don't just look at the numbers - they create strong partnerships across departments to get a complete picture of cash flow. A few other key insights from our conversation: - The importance of understanding both long-term cash requirements and excess cash availability - How to navigate unexpected changes in liquidity needs - Why technology needs to balance robust functionality with flexibility Treasurers: what relationships do you find most important for effective treasury operations? Let me know below 👇