HollandParker Client Success Stories
Energy Utilities and Construction
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 energy utilities and construction company needed to move away from manual input in Excel spreadsheets, upgrade from a consolidations tool that was no longer supported, and gain visibility into cash flow. The company was also acquiring an international company, complicating the comparability of data. We built a new multi-currency OneStream Consolidations application to report monthly actual data, which allowed for efficient and timely financial reporting.
- Supported the advancement from U.S. to multi-currency data.
- Achieved imperative goal of automated cash flow post-acquisition.
- Broke the company’s attachment to Excel spreadsheets to create reliable automation.
- Used OneStream to perform the first year end-close for the merged company.
- Cut out several steps in the process of intercompany eliminations.
