Account Reconciliations: Keeping up With Changing Times… and Balances

While spending most of my career in the CPM space, I am a relative newbie, for lack of better term. Roughly ten years is nothing compared to my peers that have spent their whole careers, and nearly my whole life, developing and implementing...

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Finance Chiefs Agree You Should Stop Using Excel But What Should You Use Instead?

First computers, then internet, then cell phones. Now Facebook, Instagram, artificial intelligence, and virtual reality.

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Intercompany Reconciliations Done Right – Part 2

In part 1 of this series on intercompany eliminations, we provided a high-level overview of the need for intercompany eliminations in the financial consolidation process, the pros and cons of various software design approaches to intercompany...

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AFL Replaces Hyperion – Unifies Consolidation, Planning and Account Recs With OneStream XF Cloud

When your existing financial consolidation system is becoming unstable, and too costly to manage and upgrade – that’s a good reason to consider an alternative solution.  This was the case at AFL, who replaced Hyperion Financial Management (HFM)...

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Lease Accounting Under IFRS16/ASC 842 Made Easy

The implementation deadline for the new IFRS 16/ASC 842 lease accounting standards is rapidly approaching.  The new standards will require organizations to report and disclose all lease obligations for buildings, office space, motor vehicles and...

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Intercompany Reconciliations Done Right - Part 1

Intercompany eliminations are a key step in the creation of consolidated financial statements.  The objective is to ensure the consolidated financial statements present an accurate picture of revenues, expenses, assets, liabilities and equity –...

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Account Reconciliations Made Easier with OneStream

Account Reconciliations are an important part of the financial close and reporting process; however, they are often treated as an afterthought by Finance departments.  Perhaps this is due to the pressure organizations face to speed up the...

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Agile Solutions Drive Agile Planning

Global volatility and uncertainty is keeping the modern finance function on its toes. Recent FSN research (The Future of Planning, Budgeting and Forecasting) finds that 73% of businesses are resorting to “continuous planning” just to get some...

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Taking your consolidation process one step further…OneStream’s Account Reconciliations

What if we tell you that now you can replace your manual reconciliation process with an automated solution that can deliver results in hours. During every accounting close cycle every company goes through the cumbersome task of analyzing...

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Cornering the OneStream XF MarketPlace

We’ve already introduced you to OneStream XF and talked about how everything you need for CPM — financial consolidation and reporting; planning, budgeting, and forecasting; and account reconciliations — is available on one platform.

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