Compliance Solutions & Reporting

Support Global Reporting Requirements

Support Global Reporting Requirements

OneStream supports US GAAP, IFRS and local statutory reporting requirements with built-in financial intelligence.

Reduce Costs of Compliance

Reduce Costs of Compliance

Support Sarbanes-Oxley requirements with strict process controls, complete transparency and certification questionnaires.

Get Ahead of New Guidelines

Get Ahead of New Guidelines

Capture required details, perform accurate calculations and reporting for new requirements such as revenue recognition, lease accounting and more.

Satisfied Customers

UPS
Costco
Pella
Capital One
KLM
Toyota

Delivering 100% Customer Success

“The OneStream platform is now core to McCain Foods Limited – uniting consolidation, planning, tax and analysis teams. OneStream Services’ strong leadership and technical knowledge was instrumental in our successful implementation. Their ability to actively listen to our goals and objectives and interpret during the design phase allowed us to create a system not only to satisfy our immediate needs, but to address our future needs.”

Richard N. Burton

McCain Foods

  • Global Reporting Capabilities

    OneStream supports US GAAP, IFRS and local statutory reporting requirements with standard, defined and repeatable processes for financial data collection and consolidation.

    • The ability to produce financial statements that meet GAAP, IFRS and local statutory accounting requirements.
    • Maintains all audit trails and adjustments to enable a conversion from US GAAP to IFRS standards.
    • Reconcile between US GAAP and IFRS at any point in time and for historical reference.
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  • Strict Process Controls

    Support Sarbanes-Oxley (SOX) and other compliance requirements with strict process controls, complete transparency and certification questionnaires.

    • Data and process certification and sign off.
    • Audit trails from 10K/10Q to GL source account and GL trial balance report or file.
    • Supports SOX 302 and 404 certification questionnaires to identify financial process weaknesses prior to the OneStream consolidation process.
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  • Lease Accounting Solution

    Lease Accounting is an add-on solution available from our partner AMCO Solutions. Leveraging the OneStream platform, the solution supports new Lease Accounting guidelines under IFRS16 and ASC 842.

    • The solution can be implemented as an extension of financial consolidation and reporting.
    • Leverages the relational blending capabilities of OneStream to capture all the applicable details for hundreds of lease contracts.
    • Calculates principal and interest vs. the lease payment, then generate the applicable journal entries to record and amortize the asset.
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Compliance Solutions & Reporting Solutions

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Solution

Financial Close & Consolidation Software

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Solution

Financial Data Quality Management Software

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Solution

Financial Reporting & Analytics Software

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Solution

Account Reconciliations Software

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Solutions Exchange

Compliance Solutions & Reporting Related Resources

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Analyst Report

Gartner Peer Insights 'Voice of the Customer': Cloud Financial Close Solutions

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Video

Video | How Arch Capital Tackled Lease Accounting

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Blog Post

Replacing SAP BPC and Streamlining the Financial Close at McCain Foods

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See Resources

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