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SourceCode Case Study

SourceCode Transforms Financial Reporting with the Aid of MindStream using OneStream

Since its inception in 1992, SourceCode has solidified its reputation as a trailblazer in custom and co-designed infrastructure solutions. With a track record of implementing thousands of innovative solutions and distributing over a million edge devices, the company has finessed its engineering, manufacturing, and business processes to cater to the burgeoning demand in this niche.

The Challenge:

SourceCode had been relying heavily on Excel for their financial reporting processes. While Excel served as a foundational tool, the limitations soon became evident as the company grew and evolved. From data security concerns to the hurdles of integrating new business acquisitions, the need for an advanced, comprehensive solution was apparent. SourceCode faced multiple challenges in their existing system:

The Solution:

MindStream stepped in with a strategic approach leveraging OneStream:

The Outcome:

The successful transition to OneStream revolutionized SourceCode's financial reporting. Manual processes linked with consolidations for internal and external reporting were eliminated. Additionally, the potential for errors, whether human or system-induced, was significantly reduced. The platform also primed Source Code for smooth, rapid integrations of future acquisitions.

Partner SpotLight

OneStream aligns to your business needs and changes more quickly and easily than any other product by offering one platform and one model for all financial CPM solutions. OneStream employs Guided Workflows, validations and flexible mapping to deliver data quality confidence for all collections and analysis while reducing risk throughout the entire auditable financial process.

OneStream Profile

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