HollandParker Client Success Stories
Oil & Gas Exploration Company
Discover how our OneStream implementation services enable your organization to streamline the financial close, report with confidence, and deliver faster, more accurate insights to stakeholders.
An oil & gas exploration company required modernization of their complex business and financial processes to support consolidations, the production of financial statements, resource planning, and external reporting. The company migrated from Excel-based processes to the OneStream platform to simplify the complexity. HollandParker led the implementation to create one source of truth for external reporting on financial statements, guarantor statements, and well level reporting.
- Procedures created to optimize data through direct-connect to OneStream.
- Journal templates rolled out to end-users to streamline top-side journal process.
- Cube Views created for dynamic calculation of balances within Guarantor Financial Statements.
- Audit trails and tools supported review of top-side journals and consolidated financial statements.
