Effective business decision-making simply requires financial reporting to be timely, accurate and insightful.
OneStream XF is one of the most complete financial management and statutory consolidation solutions brought to market. It meets and exceeds all advanced consolidation and reporting requirements in a solution that is easy to use, own and maintain.
It incorporates guided workflows for data collection, validation, consolidation, confirmation and certification and suports UK GAAP, US GAAP, IFRS and other multi-GAAP consolidation standards.
Automatic intercompany eliminations, multi-currency translations, equity accounting rules and an ability to deal with complex ownership structures, makes OneStream XF ideal for management and statutory reporting. Understand cashflow reporting and FX on movement accounts with OneStream XF's in-built flow dimension. Trace the make-up of consolidated calculations and balances with report to source drill through analysis. Tight integration with Microsoft Office enables financial models to be created in Excel that flex as metadata changes.
Automated source systems integrations with full data quality management ensure a fast close with accurate, auditable numbers. Data issues are addressed at source enabling central finance to focus on value-add activities that support better business decisions.
Request a Demo
Benefits
-
Do more in less time
Load, consolidate, report and analyse faster and easier in OneStream Software. A fast close is only achieved with standard and defined workflow processes that immediately identify errors and guide the users to the resolution.
-
Reduce risk and improve compliance
OneStream eliminates the guesswork that typically goes along with a financial consolidation and reporting process. It provides the ability to simultaneously reduce internal controls risk and deliver confidence in the accuracy of statutory and management reporting.
-
In-built cash flow management
Cash flow drives the business and improving cash flow management helps manage your business. OneStream software employs a dedicated flow dimension which simplifies the process for cash flow reporting and adjustments and delivers access to beginning balance, activity and currency impact for every balance sheet account.
-
Removes the pain of intercompany
Intercompany eliminations are more than just viewing a discrepancy; they are about communication with counterparties and understanding currency effects. OneStream’s out-of-the-box solution delivers a streamlined workflow process for intercompany eliminations with instant visibility to out-of-balances and a communications vehicle for ease of resolution.
-
True statutory consolidation engine
Deal with multi-GAAP reporting, simple or complex ownership structures, acquisitions and disposals, challenging foreign currency exchange calculations and the need for changing business structures. Only a true statutory consolidation engine will deliver.