Experts
We Deliver:
- Business Process & Technological Expertise tailored to the needs of Finance, especially for Automotive and Manufacturing. Our consultants have experience leading dozens of global projects for Tier 1 Automotive and Parts Manufacturers.
- OneStream Expertise with a team of certified architects leading the way in leveraging the most sophisticated capabilities inside the OneStream Platform including Data Blending, Extensible Dimensionality, Sensible Machine Learning and Financial Signaling.
- Project Implementation Expertise that spans Global 100 conglomerates and SMB Commercial enterprises. Our team of OneStream consultants have the robust functional and business knowledge required for seamless, impeccable service.
What to Expect from SiQ & OneStream
Unified Business Planning
Finance leaders are watching their current technology evolve before their eyes. The days of different systems for Consolidation and Financial Reporting versus Planning & Forecasting are over.
With OneStream, finance teams can now manage ALL of their financial reporting, planning, forecasting, and analytic processes in a single system. To unlock the full potential of your business, streamline your processes, generate precise forecasts, and truly deliver actionable insights, consider Strategic iQ and OneStream. We have a proven track record of accelerating cycle times, improving forecast accuracy, aligning operations, and achieving unparalleled improvements to the efficiency and profitability of our clients’ businesses.
If you’re wondering how you should get started or what that journey might look like, read below:
The Good News
With OneStream, you can start anywhere: Consolidation, Planning, Reporting, Analytics… wherever your greatest immediate need. But… the value of OneStream is that it centralizes your business logic in their single system: Your organizational meta-data, currency translations, inter-company eliminations, data integration management – all defined and managed at one time in one place.
Business Value
- 50% Reduction in Data Management and System Administrivia
- 50% More Time to Analyze the Business
Get the Numbers Right
Typically, our clients start by implementing OneStream’s Consolidation functionality. This ensures that the logic that defines your business and serves as the foundation for your reporting (like Currency Conversion, Inter-Company Eliminations, Complex Ownership Structures, etc.) is now available for all your other financial processes. This brings auditory control, data centralization, process and workflow standardization, analytic transparency and, ultimately, complete reporting confidence.
Business Value
- 60% Reduction in Financial Close Cycle Time
- Executive Briefing Books Available on Day 1
Financial & Operational Visibility
OneStream is a platform that can support exponentially more analytic data than any other Performance Management software. What this means for executives is that they can have operational and working capital data delivered to them in alignment with your financial point of view. This means you can see how mid-month operational performance is affecting your expected financial performance in a single, simple dashboard.
Business Value
- Daily or Weekly Operational Data Shown Against your Forecast
- Dashboards can present any combination of Operational Indicators, Working Capital Metrics and Financial Performance.
Deeper Planning Aligns Teams
For our Manufacturing clients, Planning starts with the Sales team and understanding upcoming Demand. This includes anticipating new opportunities, updating pricing for customers, determining capacity with Operations and calculating profitability. The challenge has been uncovering the actual profitability of products quickly enough to adjust operations when necessary. SiQ brings this process together. With OneStream, we can deliver a holistic Sales & Operational Planning process that connects actual costs by Part (or BOM) by Plant by Customer.
Business Value
- 50% Reduction in Planning Cycle
- Part-Level Profitability by Plant & by Customer
Additional Reporting Value
The goal for you and your Finance team is to continue to streamline non-value-added processes. With OneStream, you can continue to automate Close Tasks that take up valuable personnel time. Account Reconciliations, Transaction Matching and Narrative Reporting are all additional solutions that OneStream offers that automate your Close process, reducing cycle time and freeing up your human capital.
Business Value
- 20% Additional Reduction in Close Cycle
- Improved Auditability and Control
Unify Your Planning Processes
There are so many micro planning processes that your company spends too much time on: Headcount Planning, Capital Planning, Cash Flow Planning, etc. With OneStream, these processes can be brought together in a single system; you can leverage a Driver-Based methodology to update your entire Planning Cycle in a fraction of the time, which enables you to move to a more dynamic and simplified planning methodology.
Business Value
- 33%-65% Faster Planning Cycle Times
- Less than 1 Week to Update Your Forecasts on Ad Hoc Basis
Your Journey Doesn’t End
OneStream is singularly unique in its ability to contain as much data and support as many analytic processes as you need. This can continue even beyond what we normally think of as “Corporate Performance Management”. Quote Management, for example, engages you with customers to plot out long-term relationships — we can help you account for those opportunities in your planning. ESG Reporting is also available even though it represents an entirely new set of data that can impact your reporting. And these are just a few examples; OneStream offers many more opportunities to extend it’s value across your organization.
Business Value
- Improved Total Cost of Ownership with Every New Capability
OneStream Consulting – Certified Professionals
Are you considering OneStream (or re-considering your current financial system and tools)?
Contact us for a discussion or demonstration. We would be happy to show you what’s possible with OneStream and Strategic iQ. If you prefer to do your own research, then click below for our “Getting Started with OneStream (for Manufacturers)” Guide.
