OneStream provides a market-leading Intelligent Finance Platform that reduces the complexity of financial operations. It unifies corporate performance management (CPM) processes such as planning, financial close & consolidation, reporting and analytics through a single, extensible solution.

The OneStream Financial Close Handbook-written by expert authors-is a practical book for implementors, administrators, and end-users, that dives into the Financial Close with a specific focus on the Account Reconciliations and Transaction Matching solutions.

The Account Reconciliations solution is a complete package that plugs into the Financial Close Workflow to leverage data that already resides within the consolidation application, whilst Transaction Matching helps accounting teams automate the collection and matching of large numbers of transactions across multiple sources.

With these solutions, OneStream Financial Close delivers the four key pillars of a good reconciliation process: Visibility, Standardization, Efficiency and Control.

In this book:

• Get a better understanding of the Financial Close process, and how OneStream delivers a streamlined, automated solution.
• Learn how to implement Account Reconciliations through detailed project phases, and accompanying case studies.
• Get to grips with the administration of Account Reconciliations, including settings, security, and auditing.
• Deep dive into the Account Reconciliation Solution from the End User's perspective, including how to prepare a Reconciliation, the sign-off and approval process, and overall reporting and monitoring capabilities.
• Learn what Transaction Matching is, plus how to build, test, and implement OneStream's highly automated system.
• Understand how to administer Transaction Matching through global options, access control, match sets, data sets, rules, and more!

Chapter 1: Account Reconciliations Overview

Chapter 2: Account Reconciliations Administration

Chapter 3: Account Reconciliations Implementation

Chapter 4: Using Account Reconciliations

Chapter 5: Transaction Matching Overview

Chapter 6: Transaction Matching Administration

Chapter 7: Transaction Matching Implementation

Chapter 8: Using Transaction Matching