Account Reconciliations

Eliminate manual or standalone reconciliation solutions with the Account Reconciliations solution available in the OneStream XF MarketPlace.

Reduce Risk

Deliver a complete statistical view of your financial statements including a risk adjusted balance sheet.

Improve Internal Controls

Create a complete audit trail of who and when reconciliations were completed and approved.

Accelerate the Financial Close

Users can begin account reconciliations as soon as trial balances are submitted; no more waiting for the corporate close to complete.

Key Features

Risk-Based Reporting

Deliver Risk Management Reporting on your balance sheet by presenting a complete statistical picture of the quality of your financial statements.

Immediately view the status of all high-risk reconciliations as they relate to your financial reports
Understand the quality score of your financial reports
Gain more confidence in your results and achieve true risk management

Reconcile what you report. Achieve a clear view of the quality of your financial reports including a risk-adjusted balance sheet.

Drill-to-Reconciliation

OneStream is the ONLY solution that can provide a link from reported balances to reconciled accounts. Drill-to-Reconciliation instantly from your financial reports in one unified system.

Financial Consolidation, Reporting and Account Reconciliations live together in the same system for a truly unified approach
OneStream XF allows you to drill from your Balance Sheet directly to the Account Reconciliations
Automated alerts to changes to reconciled account balances status ensure confidence that reports are always aligned with reconciliations

Unified Financial Consolidation, Reporting and Account Reconciliations provides a new level of data quality and risk management for the office of the CFO.

Trial Balance Single-Sourcing

In OneStream XF account reconciliations live together with financial reporting so there is never a disconnect between your financial reports and your account reconciliation process.

Leverage same data sources, data mappings, account hierarchies, workflows, and security as actuals
Base financial information is collected and handled one time
Immediate reconciliation status checks alert users if a previously reconciled balance has changed due to an updated trial balance import
Financial reports and Account Reconciliations are always in sync

Learn More

“ With AFL’s rapid growth, we recognized the need for a CPM solution that could effectively handle our complex environment while also offering us the ability to adapt to changes. The consolidation process that took hours in our previous system now takes only minutes with OneStream XF. In addition, OneStream offers full budgeting and forecasting capabilities along with superior cash flow reporting and a solution for account reconciliations that replaced our previous account reconciliation solution. The Guided Workflows provide simple end user steps that allow us to focus on results instead of mechanics. Pam Brady | Global Financial Business Analyst | AFL ”

AFL Replaces Hyperion – Unifies Consolidation, Planning and Account Recs With OneStream XF Cloud

Learn how AFL replaced Hyperion Financial Management and Excel spreadsheets with OneStream, then replaced Blackline with the OneStream Account Reconciliations solution from the XF MarketPlace. Read the Case Study