MindStream OneStream Account Reconciliation Services
Today, having a streamlined Account Reconciliation process is recognized as a priority for many organizations' finance departments. This is primarily due to :
- compliance regulations (i.e. Sarbanes/Oxley) becoming more prevalent over the past 15 years and requiring stronger internal controls and faster reporting of material weaknesses/misstatements
- pressure to speed up the Financial Close and focus on Analysis has grown significantly
- disparate legacy systems make it very difficult to track proper activity (balance and transactional) - especially the sub-ledger detail
- External Auditors are very costly and time-consuming for Corporate Finance Departments - a thorough Account Reconciliation process can reduce both
- External Auditor can no longer serve as the "internal control point."
You can eliminate manual or standalone reconciliations by taking your consolidation process one step further with OneStream Account Reconciliations. OneStream supports the critical transparency and audit requirements of the company by leveraging the OneStream XF Platform to deliver a unified financial consolidation, reporting and Account Reconciliation solution.
OneStream Software, implemented on-premise or in the cloud, unifies and simplifies financial consolidation and reporting for sophisticated enterprises and eliminates the need to learn, integrate and maintain multiple modules, silos or applications.
As a OneStream Gold Partner, MindStream Analytics has developed a unique approach and methodology to help you deploy OneStream Software efficiently using best practices for financial consolidations, account reconciliation, and reporting.
Contact MindStream Analytics
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