What is One Stream Software?
One Stream is an all-in-one finance software that simplifies financial close and consolidation, planning, budgeting, forecasting,
reporting, and analysis.
The solution allows finance teams to access higher-quality financial data. Whether they need the tool to support corporate reporting
or for detailed operational level business planning, One Stream can help. The software also provides opportunities for data blending
between financial and operational sources. Likewise, it helps you apply financial intelligence so that your company can data-driven
decisions more quickly.
Streamline the Financial Consolidation and Close Process
The One Stream platform can help streamline the
financial consolidation and close process. It holds all the operational and other financial
information in one convenient place, so everything from loading data and reconciliation to reporting will be more efficient.
Since you can access information sooner, your team will have more time to analyze the data and prepare higher-quality reporting - which you
can then deliver to internal and external stakeholders.
One Stream supports multiple reporting requirements including GAAP, IFRS, and local statutory frameworks by utilizing intelligent tools and
processes built into the platform. Building financial reports from a single consolidated data source creates a detailed audit trail and
provides opportunities to implement key controls.
Intercompany eliminations are a key factor to understanding financial performance and consolidating all the transactions can become very
complex. OneStream automatically creates eliminations at the common parent levels and at each hierarchy, while resolving discrepancies
between local and reporting currencies.
Reporting and Analytics
The reporting and analytics capabilities within One Stream allow for higher-quality decision making, by providing fast results - and in
the right format for each key leader and topic.
One Stream integrates seamlessly with Microsoft Excel to create the ultimate ad-hoc and reporting solution. It helps teams integrate and
access financial data within excel to build and adapt reports in a flexible and efficient manner. You can also build interactive
dashboards that offer a user-friendly and informative view for executives and business leaders. This gives them a clear insight into
the business so they can make strategic decisions.
Microsoft Office Blend is a tool One Stream Software provides that not only uses Excel but also integrates financial reports and dashboards
within Microsoft Word and PowerPoint. Users can leverage guided reporting to match prebuilt rows and columns and pivot them to create
countless combinations for building financial reports. Drill down into any of the reports or graphs and immediately export the data to excel or PDF.
Utilizing One Stream Software can also help you maintain a low level of risk. Drill into data to trace back to a single balance, so you can validate
and reconcile all financial information. Being able to reconcile data directly where the financial reporting and consolidation is performed
makes all the information easily accessible.
One Stream provides automated alerts when detecting a change to a reconciled account balance. When providing a financial report, you can
ensure the data provided is accurate and reconciled - as it is all stored in one place.
Automatically match transactions to ensure it is accurate flowing straight through to the end financial reports. One Stream provides an
all-in-one view to efficiently match, reconcile, analyze, and build high-quality financial reports.
One Stream combines all financial processes using intelligent tools and processes to provide an all-in-one finance and accounting
environment. Financial data quality is important to any accounting and reporting team and having all the financial aspects of a
business in one environment. It allows for high-level reporting that can be drilled down into the lowest operational level for
complete accuracy and auditable trails.
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