Accelerate Your SAP ERP Investment with OneStream Software

In the modern corporate landscape, there is a vast amount of pressure on executives to provide precise and prompt information to stakeholders. A significant portion of this challenge derives from the disjointed financial data dispersed among many platforms. Businesses using SAP ERP systems frequently worry that other solutions would have trouble integrating and providing transparent data. However, our latest white paper, "Integrating OneStream & SAP," authored by our implementation partner Avvale, debunks this myth and introduces a robust alternative.

Leveraging Onestream to Bridge the Gap

The SAP S/4HANA and SAP Datasphere applications are the primary focus of the White Paper on the potential level of integration between Onestream and SAP ERP Systems. Organizations can expedite their planning, reporting, account reconciliation, and financial consolidation procedures with OneStream. The financial teams may improve their operations and preserve real-time data flow from their current SAP systems by utilizing OneStream's robust platform.

Why use Onestream to boost your SAP ERP

As detailed in Avvale’s white paper, there are several benefits to integrating OneStream with SAP. Some of the advantages include how Onestream’s architecture provides instant access to SAP data, which is mandatory for precise Financial reporting and timely decision-making. Also, Onestream software allows much shorter run times for financial operations like account reconciliations and consolidations, thanks to OneStream's effective data-handling capabilities.

Onstream provides a unified platform that reduces discrepancies and errors providing a rather transparent picture of the Financial Situations.

Additionally, Onestream automatically adds metadata to the platform in tandem with its development in SAP ERP thus removing the need for human metadata maintenance.

The case studies in the white paper illustrate these advantages in real-life scenarios. One such example is of a Fortune Telecommunications Company that managed to finish some tasks in the financial close process in less than 10 minutes which earlier took around several days, thanks to the latest Onestream interface with SAP ERP.

How does this Interface exactly work?

OneStream integration requires the SAP system to be configured using an ODBC driver. This configuration makes two connection techniques possible: using SAP HANA's in-memory capabilities at the database layer or connecting directly to SAP ERP at the application layer. Every strategy has advantages of its own, and Avvale’s White Paper offers comprehensive advice on which strategy to choose depending on your company's particular requirements.

Take the next step in financial transformation

OneStream's integration with SAP ERP opens the door to a more streamlined, effective, and transparent financial process throughout your company in addition to improving financial reporting and consolidation capabilities. Avvale goes into great detail about the many advantages of this integration in the white paper.

Do you use SAP S/4HANA or ECC as your SAP ERP software? To find out more about breaking through conventional barriers and achieving increased efficiency and financial clarity, download the white paper "Integrating OneStream & SAP." Get started on the path to improved financial operations by downloading the white paper.