Fortune 500 Oil and Gas Company 1

Fortune 500 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 Fortune 500 oil and gas company needed to move from antiquated Corporate Performance Management (CPM) technologies and processes to a unified platform that could streamline finance, accounting, and operations.

The company selected OneStream to help modernize Financial Planning and Analysis (FP&A). After our expert team implemented OneStream and introduced new processes, the power of FP&A was unleashed throughout the organization.

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 500 oil and gas company needed to move from antiquated Corporate Performance Management (CPM) technologies and processes to a unified platform that could streamline finance, accounting, and operations. The company selected the OneStream intelligent finance platform, which alleviated a significant burden on the Financial Planning and Analysis (FP&A) team. After our expert team implemented OneStream and introduced new supporting processes, the power of FP&A was unleashed throughout the organization to accelerate growth.

Fortune 500 Oil and Gas Company 2

The problem

Why Fortune 500 Oil and Gas Company Approached HollandParker?

The company was using older and siloed CPM software that slowed down their Consolidations, Budgeting, Forecasting, and People Planning phases. They were also dependent on Excel and error-prone manual processes. This macro problem created micro challenges throughout the organization.

The Solution

How We Approached the Problem

We implemented the OneStream platform and strategically introduced new processes that eliminated unnecessary tasks and unleashed the power of Finance. Through our solution, the FP&A team was disentangled from their responsibility of compiling results and placed into a value-added reviewer role.

Fortune 500 Oil and Gas Company 3

Here Are the Key Achievements for This Client

Saved time and effort by automating the Budgeting & Forecasting process.

Increased the reliability of forecasting through an automated seeding process.

Broke the company’s dependence on an Excel-based model for key financial processes.

Fortune 500 Oil and Gas Company 4

Freed up FP&A to focus on analyzing financial performance to improve decision-making.

Fortune 500 Oil and Gas Company 5

Increased the security of financial processes by introducing complex security rules to meet the client’s requirements.

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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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If you have questions or comments about this policy, you may contact us by email at [email protected].

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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