Finit Blog

This application is perfect, and it needs a name just as perfect! We'll call it…..

Written by jbulman | Jan 29, 2018 2:33:17 PM

We’ll call this one “Brief”.  Finit was geared up to guide a strategic client, a global leader in the marketing and manufacturing of underwear and casual wear, through the complexity of a complete financial reporting platform overhaul.  In addition to migrating from Oracle HFM to OneStream, the project oversaw the move from their existing, on-premises environment to Microsoft’s Azure cloud platform.  By eliminating maintenance of an on premises solution on time and under budget, Finit helped this client find the perfect fit!

What does the perfect fit look like for this client?

  • Transaction-level data views built with source system connectors to both Oracle EBS and Microsoft Dynamics AX directly from OneStream
  • Custom built data sources and templates for flat file loads and data input
  • Cash Flow in 3-Dimensional detail providing greater insight into the Statement of Cash Flows
  • A lean entity hierarchy rightsized with a 75% reduction made possible by moving location detail to a separate dimension
  • A refreshed Department dimension that supports reporting needs and helps eliminate redundant Custom dimensions used in HFM
  • Improved Brand allocations optimized using a Data Buffer rule
  • Custom Dashboards that support key data loads and reporting requirements
  • An enhanced view of Roll Forward detail that revealed inaccuracies in HFM calculations
  • A retooled intercompany matching process, leveraging OneStream’s Intercompany Matching, an inherent, systematic approach to a common client issue not employed with HFM
  • A comprehensive workflow that includes validations, confirmation rules, and certification questions to help ensure data quality
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Finit’s dedication to providing our client an UNMATCHED EXPERIENCE led to a great success for all involved!

For more information on Finit’s industry-leading OneStream Consolidation services please contact us at insights@finit.com.