onestream financial consolidation

conquer the complexity of financial close and consolidation processes and deliver rapid insights to internal and external stakeholders. conquer the complexity of financial close and consolidation processes and deliver rapid insights to internal and external stakeholders. close faster with pre-and post-load validations, immediate identification of errors and quick resolution of data quality issues. enhance insight into the real fx impact of currency on every balance sheet account, track detail movements and changes for complete cash flow reporting. onestream supports true statutory financial reporting requirements including us gaap, ifrs, multi-gaap and local statutory requirements, with the most sophisticated financial intelligence available.

improve insight and visualize the impact of acquisitions, and other business changes. you can disable the auto-rotating feature by pressing the pause button, this will change it to a play button that re-enables the auto-rotating feature. extend your financial close and consolidation capabilities with additional solutions from the onestream platform and marketplace. read our clients’ feedback on gartner peer insights and see why we were named a customers’ choice in 2020 gartner peer insights ‘voice of the customer’: financial close solutions! gartner peer insights customers’ choice constitute the subjective opinions of individual end-user reviews, ratings, and data applied against a documented methodology; they neither represent the views of, nor constitute an endorsement by, gartner or its affiliates. and the responsiveness of onestream support has been amazing.” hundreds of organizations have made the leap from spreadsheets and legacy cpm applications to onestream and never looked back.

yet many finance organizations are still bogged down by inefficiencies in routine processes such as the period-end financial close and reporting cycle, making it difficult to shift time to value-added analysis and decision support. read on to learn about the challenges of the financial close, consolidation and reporting process, the software tools that are available and the results organizations are gaining by using modern, cloud-based software applications that are purpose-built to conquer the complexity of the financial close. the financial close, consolidation and reporting process can be relatively easy in a small enterprise using a single, centralized gl/erp system, a single currency and a simple legal entity structure. factors that increase the complexity of the process include the following: how long does it take organizations to execute the financial close and reporting process? this figure represented a slight improvement over the 2014 benchmark survey, in which 43% were completing the financial close process in six days or less. while this is good news, the bad news is that 25% of organizations surveyed take 11 business days or more to close the books.

there are several types of software tools available to support the financial close, consolidation and reporting process. purpose-built financial close, consolidation and reporting applications found in today’s corporate performance management (cpm) software solutions are becoming the preferred approach for mid-sized to larger enterprises. onestream xf is a good example of a purpose-built application for financial close, consolidation, reporting and more. deployed via the cloud or on-premise, onestream’s unified platform enables organizations to modernize finance, replace multiple legacy applications and reduce the total cost of ownership for financial systems. organizations that have adopted modern, cloud-based applications for financial close, consolidation, reporting, and other processes, have been more successful in streamlining the process, ensuring the accuracy of their financial results. to learn more, download the onestream white paper “streamlining the financial close, consolidation and reporting process.” hundreds of organizations have made the leap from spreadsheets and legacy cpm applications to onestream and never looked back.

global financial consolidation and reporting onestream supports true statutory financial reporting requirements including us gaap, ifrs, multi-gaap and local unify corporate performance management processes such as financial consolidation, reporting, planning and analytics through a single, extensible platform. automating the financial consolidation process with onestream has enhanced the transparency, timeliness and availability of information at prince., onestream software, onestream software, onestream financial intelligence, onestream software wikipedia, financial consolidation software gartner.

onestream software – deployable on-premise or in the cloud – unifies and simplifies financial consolidation and reporting and eliminates the need for onestream xf , in its modern, unified smartcpmtm platform, simplifies financial close and consolidation, planning, reporting, analytics, and onestream is a relatively new epm solution built to solve complex financial consolidation & financial reporting tasks: budgeting, forecasting & planning, onestream user guide pdf, onestream software download, onestream login, onestream vs hyperion, onestream linkedin, who owns onestream, onestream software reviews, onestream partners, onestream excel add-in, onestream live. what is onestream consolidation? how much does onestream cost? what is onestream used for? is onestream a microsoft product?

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