Schedule a call
Largescale Building Solutions Provider 1

Largescale Building Solutions Provider

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

Complete Transparency

Internal Controls

A merger created one of the largest U.S. providers of residential and commercial building solutions.

One company was already using the OneStream platform for financial data management. However, the other company was not using OneStream Software. We created a separate cube for the non-OneStream company to blend financial data in the OneStream environment and to help automate manual processes.

  • Created dynamic transformation rules to map data into OneStream.
  • Manually created time composite maps for all business entities and their segments.
  • Created journal entries and fixed transformation rules for financial statement creation.
  • Provided a more detailed level view of P&L Reports.
  • Created validation templates for each segment to standardize financial consolidations.

The Pre-Transformation Checklist for Finance

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

This field is for validation purposes and should be left unchanged.

Summary

A merger created one of the largest U.S. providers of residential and commercial building solutions. One company was already using the OneStream XF platform for financial data management and the other was not. HollandParker was brought in to create a separate cube for the non-OneStream company to blend financial data into the OneStream environment for the newly-formed company and to help automate manual processes.

Largescale Building Solutions Provider 2

The problem

Why Largescale Building Solutions Provider Approached HollandParker?

The non-OneStream company used calendar year data, while the current OneStream company used fiscal year data. HollandParker needed to move the current OneStream company from fiscal to calendar year to create a cohesive view of financial data from both parties. We also needed to solve these specific challenges for the non-OneStream company:

  • Inconsistent data mapping. The company came onboard with 12 entities broken into separate segments, and the segment mappings changed from month to month.
  • Lack of standardization for how financials were consolidated across segments. (OneStream needed to consolidate segments nationwide and automate manual processes.)
  • Financial statements were manually manipulated and not consistent between each segment.
  • Flat files required manual manipulation before loading into OneStream.

The Solution

How We Approached the Problem

In the cube we developed for the non-OneStream company’s data, we created dynamic transformation rules so that when data was loaded into OneStream for the merged company, the platform knew where to map the hundreds of new accounts for each segment. We supported this effort with the following actions:

  • Manually created time composite maps for all business entities and their segments that changed month to month.
  • Created journal? entries and fixed transformation rules to have the data tie out for accurate financial statements.
  • Provided management a more detailed view of P&L Reports for the non-OneStream company.
  • Created validation templates for each segment to standardize how the financials were being consolidated.
  • Enhanced their Consolidations application to include a merged view.
Largescale Building Solutions Provider 3

Here Are the Key Achievements for This Client

HollandParker built the following capabilities that resulted in complete use of the OneStream platform to support the financial data needs of the newly-formed company:

Additional fiscal year cube for non-OneStream company

12 workflow profiles to load and transform two years of historical and new data going forward for each of the entities and segments.

15 data sources individually tailored to import data from multiple ERPs.

Largescale Building Solutions Provider 4

22 transformation rule profiles specific to the different segments.

Largescale Building Solutions Provider 5

Standardized reports broken out by department for Balance Sheet and Income Statement.

Largescale Building Solutions Provider 6

One Chart of Accounts that merged both companies’ GL Accounts.

Related Case Studies

Largescale Building Solutions Provider 7
Largescale Building Solutions Provider 8

Post

Post Holdings evaluated both Oracle Hyperion and OneStream as potential solutions. Ultimately, OneStream wa…

View Case Study
Largescale Building Solutions Provider 9
Largescale Building Solutions Provider 10

CHG Healthcare

Discover how our OneStream implementation services enable your organization to streamline the financ…

View Case Study
Largescale Building Solutions Provider 11
Largescale Building Solutions Provider 12

Dril-Quip

As a rapidly growing organization, CHG had outgrown their Excel and email-based budgeting process. Cre…

View Case Study

0

Finance Leaders Fired for hiring us

25+

Years Experience in Enterprise 
Finance Technology

HollandParker by the Numbers

Schedule a call

589

finance technology implementations completed

25+

Years Experience 
in Enterprise 
Finance Technology

Largescale Building Solutions Provider 13

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.

Download Now

CFOs can’t transform finance if they’re not sure where to start. HollandParker gives CFOs the power to see where they should prioritize technology investments so they can transform finance with confidence. 

Who designed this website?

Schedule a call

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].

Information We Collect

We collect personal information that you provide to us when expressing an interest in obtaining information about us or our products and services, when participating in activities on the website, or otherwise contacting us.

The personal information that we collect depends on the context of your interactions with us and the website, the choices you make, and the products and features you use. The personal information we collect can include the following:

  • Name and Contact Data: We collect your first and last name, email address, postal address, phone number, and other similar contact data.
  • Payment Data: We collect data necessary to process your payment if you make purchases, such as your payment instrument number (e.g., a credit card number), and the security code associated with your payment instrument.
  • Login Credentials: We collect passwords, password hints, and similar security information used for authentication and account access.
  • Other Information: We collect any other information you directly provide to us through our website.

How We Use Your Information

We use personal information collected via our website for a variety of business purposes described below. We process your personal information for these purposes in reliance on our legitimate business interests, in order to enter into or perform a contract with you, with your consent, and/or for compliance with our legal obligations.

We use the information we collect or receive:

  • To send administrative information to you.
  • To fulfill and manage your orders.
  • To post testimonials.
  • To request feedback.
  • To send you marketing and promotional communications.
  • To deliver targeted advertising to you.
  • For other business purposes.

Sharing Your Information

We may process or share your data that we hold based on the following legal basis:

  • Consent: We may process your data if you have given us specific consent to use your personal information for a specific purpose.
  • Legitimate Interests: We may process your data when it is reasonably necessary to achieve our legitimate business interests.
  • Performance of a Contract: Where we have entered into a contract with you, we may process your personal information to fulfill the terms of our contract.
  • Legal Obligations: We may disclose your information where we are legally required to do so in order to comply with applicable law, governmental requests, a judicial proceeding, court order, or legal process.
  • Vital Interests: We may disclose your information where we believe it is necessary to investigate, prevent, or take action regarding potential violations of our policies, suspected fraud, situations involving potential threats to the safety of any person, and illegal activities.

Cookies and Other Tracking Technologies

We may use cookies and similar tracking technologies to access or store information. Specific information about how we use such technologies and how you can refuse certain cookies is set out in our Cookie Policy.

Data Security

We aim to protect your personal information through a system of organizational and technical security measures. We have implemented appropriate technical and organizational security measures designed to protect the security of any personal information we process.

Retention of Data

We will only keep your personal information for as long as it is necessary for the purposes set out in this privacy policy unless a longer retention period is required or permitted by law.

Your Privacy Rights

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.

This field is for validation purposes and should be left unchanged.

Privacy Policy