December 08, 2020 05:00 PM Eastern Standard Time
ROCHESTER, Mich.--(BUSINESS WIRE)--OneStream Software, a leader in corporate performance management (CPM) solutions for mid-sized to very large enterprises, today announced the opening of its Asia-Pacific (APAC) headquarters in Sydney, Australia. OneStream’s new Sydney office will enable the company to extend its reach in the region and provide APAC customers and partners easier access to its industry-leading solution and world-class customer service and support. OneStream’s APAC expansion comes on the heels of an impressive Q3 in which the company added sixty new customers globally and achieved record sales and revenue growth.
“We are excited to open our APAC headquarters in Sydney and launch direct operations for APAC enterprises seeking intuitive solutions to overcome the many complexities within their financial operations. As a unified and cloud-based solution, the OneStream XF platform is well-positioned to simplify and solve those challenges on a global scale,” said Thomas Palmer, Managing Director of Asia-Pacific Operations. “Over the last few years, hundreds of organisations around the world have transitioned from multiple legacy CPM applications to OneStream’s intelligent finance platform to optimize and streamline their financial close and consolidation, reporting, planning, forecasting, and analysis. We look forward to working with APAC enterprises of all sizes and industries to maximize the value of their finance teams and provide leaders with strategic financial and operational insights that enable them to grow and evolve rapidly in the face of unprecedented challenges.”
Scheduled to open in January 2021, OneStream’s new office in Sydney will be home to the region’s pre-sales, sales, marketing, and service teams. The Sydney team will focus on supporting and expanding OneStream’s customer base across the entire Asia-Pacific region, starting with Australia and New Zealand. Additionally, the new headquarters will support the expansion of OneStream’s ecosystem of more than 200 global implementation partners which includes Deloitte, Taysols, James & Monroe, and Decision Inc. that are already serving the Australia market.
“Having implemented the first OneStream project in Australia over 4 years ago, we’ve been privileged to help drive the rapid growth of OneStream in the Asia-Pacific region and we look forward to the OneStream team opening their Australian office,” said Jayson Hammond – Managing Director Taysols. “With the combination of Taysols’ 18 years in the Australian CPM market along with OneStream’s local presence, we’re sure to provide an outstanding option for any organisation looking to improve their CPM outcomes.”
The new Sydney office will enable OneStream to provide local support for its growing base of customers in the region, such as Seven Group Holdings. “Implementing OneStream for our monthly consolidation has allowed us to streamline and standardize the close process across a diverse Group providing better visibility and in-depth reporting," said Richard Richards, Group Chief Financial Officer, Seven Group Holdings.
“OneStream Software has a proven record of helping CFOs and their teams up their game when it comes to financial planning, reporting and analytics,” said Marc Leishman, PGA Tour Professional and OneStream brand ambassador. “As an Aussie and brand ambassador for OneStream, it’s great to have these two worlds come together. Welcome to Australia OneStream!”
About OneStream Software
OneStream Software provides a market-leading intelligent finance platform that reduces the complexity of financial operations. OneStream unleashes the power of finance by unifying corporate performance management (CPM) processes such as planning, financial close & consolidation, reporting and analytics through a single, extensible solution. We empower the enterprise with financial and operational insights to support faster and more informed decision-making. All in a cloud platform designed to continually evolve and scale with your organisation.
OneStream is an independent software company backed by private equity investor KKR. With over 600 customers, 200 partners and over 600 employees our primary mission is to deliver 100% customer success.