OneStream Financial Close Handbook

OneStream Financial Close Handbook

OneStream provides a market-leading Intelligent Finance Platform that reduces the complexity of financial operations. It unifies corporate performance management (CPM) processes such as planning, financial close & consolidation, reporting and analytics through a single, extensible solution.

The OneStream Financial Close Handbook—written by expert authors—is a practical book for implementors, administrators, and end-users, that dives into the Financial Close with a specific focus on the Account Reconciliations and Transaction Matching solutions.

The Account Reconciliations solution is a complete package that plugs into the Financial Close Workflow to leverage data that already resides within the consolidation application, whilst Transaction Matching helps accounting teams automate the collection and matching of large numbers of transactions across multiple sources.

With these solutions, OneStream Financial Close delivers the four key pillars of a good reconciliation process: Visibility, Standardization, Efficiency and Control.

In this book:

> Get a better understanding of the Financial Close process, and how OneStream delivers a streamlined, automated solution.

> Learn how to implement Account Reconciliations through detailed project phases, and accompanying case studies.

> Get to grips with the administration of Account Reconciliations, including settings, security, and auditing.

> Deep dive into the Account Reconciliation Solution from the End User’s perspective, including how to prepare a Reconciliation, the sign-off and approval process, and overall reporting and monitoring capabilities.

> Learn what Transaction Matching is, plus how to build, test, and implement OneStream’s highly automated system.

> Understand how to administer Transaction Matching through global options, access control, match sets, data sets, rules, and more!

Note: The information contained within this book is relevant to software version 3.5.6

Table of Contents

Chapter 1: Account Reconciliations Overview
Chapter 2: Account Reconciliations Administration
Chapter 3: Account Reconciliations Implementation
Chapter 4: Using Account Reconciliations
Chapter 5: Transaction Matching Overview
Chapter 6: Transaction Matching Administration
Chapter 7: Transaction Matching Implementation
Chapter 8: Using Transaction Matching


The Authors

Ryan Connors is a Senior Delivery Manager on the OneStream Partner Enablement team. He joined OneStream in 2018 and has 10 years of experience with CPM technology.

Kelly Darren is the Global Domain Director for the Financial Close process at OneStream Software. She is a CPA and CSSBB and has worked in industry within Shared Service departments, responsible for improving close processes within organizations.

Jessica McAlpine is a CPA and the Group Product Director for Financial Close and Consolidations at OneStream Software.

Michael Malandra was employee #56 at OneStream and has over 20 years of experience in Financial Consolidations and Reporting, Account Reconciliations, Variance Analysis, Planning and Forecasting, and Cost Benefit Analysis.

Mike Queeney is a Managing Partner at Direct Analytics and has been a partner with OneStream since their founding. Mike has worked in CPM for over 20 years, implementing integrations, models and solutions for his clients.

ISBN: 9781838252847 | 338 pages | Published September 14th, 2022

[Single user copy; if you need to buy for a team, please email]






Book Categories: Financial Close.

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