Close Management | OneStream Software |  

Close Management

Simplify and accelerate the period-end close process

The OneStream XF Close Manager provides complete visibility into all changes and key close statistics to keep maximum control and transparency during the close cycle. Close Manager works in concert with Task Manager to help close the books faster, and with less complexity.

Acct Rec3

Process Consistency: All team members involved in the financial close process operate from a central calendar of closing tasks and milestones.

Acct Rec1

More Visibility and Control:  Management has real-time visibility into key financial close statistics and the status of key tasks.

Acct Rec4

Enhanced Collaboration: Integrated messaging alerts team members to upcoming deadlines, and alerts managers to overdue tasks.

OneStream’s Close Manager Solution is a collection of predefined tools including close calendars, a system vital sign monitor, and close calendar messaging that help you manage the financial close process.

Process Consistency

Centralized closing calendar gets all users involved in the close process on the same page, with clear assignments and due dates from GL trial balances to preparation of disclosures.

  • Close Manager Schedule provides a grid with the corporate closing calendar
  • Tasks, due dates and assignments are maintained centrally
  • Eliminates reliance on departmental spreadsheets and emails

More Visibility and Control

Close Manager provides Finance leaders with real-time visibility into the status of the close.

  • Close Manager Vital Signs provides real-time visibility for managers
  • Provides a snapshot of key financial close statistics
  • Tracks logins, tasks, data imports, application changes, confirmations and certifications

Enhanced Collaboration

Integrated messaging alerts team members to upcoming deadlines, and alerts managers to overdue tasks.

  • Close Audit Manager Messages display customizable messages to users
  • Messages can be tied to specific tasks, with date and time stamps
  • Messages can be updated and pushed to users throughout the close cycle

Key Features

OneStream makes close management an integrated part of the financial consolidation and reporting process.
Key features of the Close Manager solution include:

  • Fully integrated with OneStream XF, not a disconnected 3rd party tool
  • Close Manager Schedule provides a centralized closing calendar
  • Close Manager Vital Signs provides real-time visibility into the status of closing tasks
  • Integrated messaging and notifications to users
  • Detailed logging and audit features
  • Full process transparency through workflow

100% CUSTOMER SUCCESS