Global Software Company 1

Global Software Company

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A multi-billion dollar software company with business units spread across the globe was looking to combine key financial processes into the OneStream™ intelligent finance platform.

The customer previously used OneStream for Budgeting and Planning. Now, they needed to bring Consolidations into OneStream to combine with their existing processes in a future phase. We redesigned their financial data integrations to complete the migration process and deliver a single-source system.

The Pre-Transformation Checklist for Finance

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

Summary

A multi-billion dollar software company with business units spread across the globe was looking to combine key financial processes into the OneStream™ intelligent finance platform. The company had previously implemented OneStream for Budgeting and Planning, and now they were looking to bring Consolidations into their OneStream solution. To bring the company’s vision to fruition, the HollandParker team redesigned their financial data integrations to complete the migration process and deliver a single-source system for all of their Budgeting, Planning, and Consolidations processes.

Global Software Company 2

The problem

Why Global Software Company Approached HollandParker?

Prior to engaging HollandParker, the company had an existing OneStream solution in place to support their Budgeting and Planning. Before getting started, our team needed to complete an assessment of how the platform was originally set up to help us plan a new configuration. We also needed to understand how to best combine Consolidations in the future phase since the customer was moving away from Oracle Hyperion Financial Management (HFM). Our task was to migrate what was originally set up in HFM into OneStream, creating one system for Consolidations and Planning.

An additional challenge that our team worked through was finding a way to build out Consolidations in the same cube as Planning. This included an analysis of whether to redesign their use of the OneStream flow dimension solution for cash flow reporting after the company repurposed the solution to identify global currencies. Our decision was to rebuild Flow Dimension from scratch.

The Solution

How We Approached the Problem

We rebuilt the flow dimension to establish a baseline for cash flow that could be built out further in the future. We also combined the currency requirement into a separate UD dimension that housed the client’s statutory reporting requirements. As part of this process, we built a separate cube for Consolidations that would not impact Planning.

Here Are the Key Achievements for This Client

Unified the company’s finance processes by delivering a single platform for Consolidations, Budgeting, and Planning.

Introduced standardized reporting for GAAP, Non-GAAP, and Statutory requirements

Established real-time access into financials by integrating the client’s Snowflake data warehouse through a data connect.

Global Software Company 3

Moved manually-created reports to Cube Views and Quick Views in OneStream.

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.

Privacy Policy

Introduction

Welcome to Holland Parker. We are committed to protecting your personal information and your right to privacy. If you have any questions or concerns about our policy or our practices with regard to your personal information, please contact us at [email protected].

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In some regions, such as the European Economic Area (EEA), you have certain rights under applicable data protection laws. These may include the right to (i) request access and obtain a copy of your personal information, (ii) request rectification or erasure; (iii) restrict the processing of your personal information; and (iv) if applicable, to data portability.

Updates to This Policy

We may update this privacy policy from time to time in order to reflect changes to our practices or for other operational, legal, or regulatory reasons.

Contact Us

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.