Fortune 100 Oil and Gas Company 1

Fortune 100 Oil and Gas 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.

Streamlined Close

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A global oil and gas company needed to replace the Oracle Hyperion Strategic Finance (HSF) platform as part of their initiative to modernize Finance.

The company migrated to OneStream to automate tasks and discover additional benefits. Our team completed a complex migration process that positioned the company for greater visibility and insight into financial performance. Now, the company uses OneStream for Budget and Forecast Financial Statements, Capital Project Planning, and Dynamic Reporting.

The Pre-Transformation Checklist for Finance

An 11-Step Risk Reduction Tool for CFOs and CAOs Who Aren’t Sure Where to Start

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Summary

A Fortune 100 international oil and gas company needed to replace the Oracle Hyperion Strategic Finance (HSF) platform. The platform was very manually intensive, creating wasted time and effort supporting financial processes. The company migrated to the OneStream intelligent finance platform to automate tasks and discover additional benefits. Our team of experts completed a complex migration process that positioned the company for greater visibility and insight into financial performance. Now, the company uses OneStream for Budget and Forecast Financial Statements, Capital Project Planning, and Dynamic Reporting.

Fortune 100 Oil and Gas Company 2

The problem

Why Fortune 100 Oil and Gas Company Approached HollandParker?

The company experienced various challenges related to Oracle Hyperion Strategic Finance (SF), Capital Planning, and other financial processes that slowed down Finance and introduced the risk of human error. The challenges included:

HSF Challenges

Capital Planning Challenges

Other Challenges

The Solution

How We Approached the Problem

HollandParker created a seamless transition to OneStream through our focused, collaborative approach. We solved the company’s key challenges so that they could generate reports in an automated fashion, increase the accuracy of financial data, support capital planning, and achieve consistent and flexible reporting to provide more time for analysis. To tackle our client’s challenges, our solution included:

Fortune 100 Oil and Gas Company 3

OneStream Solutions Implemented:

Legacy CPM/System:

Here Are the Key Achievements for This Client

Approximately 5-10 hours of time-savings each monthly cycle.

Quick and easy report creation and maintenance.

More time for analysis through consistent and flexible reporting.

Fortune 100 Oil and Gas Company 4

Easier and faster access to ad hoc reports due to all data residing in OneStream.

Fortune 100 Oil and Gas Company 5

Increased efficiency of variance analysis with drill-down functionality.

Fortune 100 Oil and Gas Company 6

Easy management of new requests, enhancements, and upgrades.

Fortune 100 Oil and Gas Company 7

Less troubleshooting and resolving of system issues.

Fortune 100 Oil and Gas Company 8

Increased confidence using the intuitive, robust OneStream platform vs. HSF.

0

Finance Leaders Fired for hiring us

25+

Years Experience in Enterprise 
Finance Technology

HollandParker by the Numbers

589

finance technology implementations completed

25+

Years Experience 
in Enterprise 
Finance Technology

The Pre-Transformation Checklist for Finance

An 11-Step Risk Reduction Tool for CFOs and CAOs Who Aren’t Sure Where to Start

By following this checklist, organizations can systematically approach their finance technology transformation, ensuring that all critical aspects are addressed and that the transition is smooth and successful.

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Introduction

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The Pre-Transformation Checklist for Finance

Tap into wisdom gained through 300+ finance transformations to uncover answers to questions you have and those you should.

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