Financial Data Quality
Improve Accuracy in Financial Results
Integrate and validate data from multiple sources and make confident decisions based on accurate financial and operating results.
Direct integration: We utilize OneStream’s integration system to set up data connectors which offers direct integration with any open GL/ERP or other source systems well as setting up drill back capabilities for the connectors in order to drill through transactional details such as journal entries. The drill-back connection can be made to over 250 ERP, HCM, CRM and other systems including Oracle, PeopleSoft, JDE, SAP, Infor, Microsoft AX/Dynamics and more.
Data integrity: OneStream utilizes Guided Workflows in order to achieve financial data quality and verification throughout financial consolidation, reporting and planning processes with intuitive Guided Workflows. Guided Workflows create end-user-focused processes to standardize and simplify data collection and analysis, while also serving up the correct process and reports at every step in the workflow. OneStream’s security capabilities ensure that data cannot be submitted, modified, or even seen by end-users without specific permission to do so, ensuring data integrity.
Transparent data: OneStream utilizes the pre-built Origin dimension to deliver transparency, auditability and data protection for complete confidence and compliance. This means that 1. All data is captured in distinct Origin buckets for import, adjustment, forms and eliminations. 2: Journal adjustments and eliminations never disappear in the consolidation process. 3: Data protection is automatic and prevents inadvertent data overrides, no need to ever turn off cell-level audit.