Demo: Modern Financial Close

The modern financial close allows organizations to shift from a concentrated end-of-period scramble towards a more continuous daily process. This Genesis-based unified control center provides real-time visibility into modern financial close processes in a single centralized platform.

A modern task list transforms from a static to -do checklist into a dynamic execution engine. It is no longer just a record of what was done, but an active driver of the entire financial close process.

OneStream's high-volume transaction matching solution transforms a manual labor-intensive process into a strategic engine that accelerates your financial close and eliminates month-end bottlenecks. By automating up to 95% of routine matches, your team can shift their focus from manual data entry to high-value exception management and analysis.

This real-time visibility ensures you maintain a continuous cycle posture, providing leadership with accurate, data-driven insights whenever they are needed. Our latest Journal Entry Manager solution centralizes your data, replacing manual spreadsheets, dynamic workflows ensure a single source of truth for every entity.

By pre-validating data, organizations ensure that only clean, accurate data ever reaches their ERPs, transforming the journal process into a strategic, audit-ready operation. Journal Entry Manager is designed to empower our customers with easy deployment and maintenance, giving finance teams full autonomy to configure workflows and templates without relying on heavy IT support or outside consultants.

AI-powered account reconciliations unify your financial reporting and closed processes by loading your trial balance. Once. Both finance and accounting work from the same data, ensuring alignment and streamlining the close.

With built-in anomaly detection powered by Sensible AI Studio, OneStream can automatically surface exceptions using pre-configured rules, like spotting documentation gaps or unusual balance changes. This lets teams focus on managing risk and resolving the issues faster, and improving transparency, control, and productivity.

OneStream provides the ability to drill down from balance sheet totals to underlying reconciliations, providing a single line of sight across the entire data value chain. This capability transforms a static financial report into a transparent, audible process that ensures every dollar on the balance sheet reflects actual business activity.

Embedded AI routines from SensibleAI Studio power an intelligent and automated narrative analysis. A narrative analysis transforms a standard financial table into a strategic tool by explaining the why behind the numbers.

While a numeric report may show a large loss in accounts receivable, a narrative report provides the essential context, such as improved collection efforts to help leaders make informed decisions rather than reactive cuts.