Melrose implemented OneStream XF for management, statutory reporting and weekly treasury cash flow forecasting. By implementing OneStream XF Melrose was able to utilize a single platform that complied with their statutory reporting requirements, improve analysis, audit controls, and provide and overall visibility into changes. Additionally, by pushing process to the businesses OneStream XF made the close process faster and easier.
Owned by the office of Finance, OneStream delivers powerful management and ad hoc reporting for management and business users. OneStream XF meets and exceeds all advanced financial consolidation and reporting requirements in a single and agile solution that is easy to use, own and maintain.
“OneStream’s Unified Financial Intelligence and Extensible Model Melrose to deliver maximum value to corporate reporting along with operational value to each diverse business unit. OneStream’s Guided Workflows and powerful consolidation and reporting engine offer a turn-key solution to business users and a lower TCO for group reporting.”
— Jason Care | Group Systems Manager, Melrose PLC
Melrose requires a weekly cash forecasting collection to understand the impact on cash flow to the business week by week. OneStream XF offered a streamlined Guided Workflow process familiar to the business users to collect these cash changes in order to understand the impact to group reporting.
There is no substitute for the value of having one system that can share and extend dimensions to deliver multiple solutions without the technical complexity of having to install, implement, maintain, learn and upgrade multiple products or modules in a suite approach.