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Benchmark Holdings PLC Finds True Financial Consolidation, Budgeting and Planning with OneStream Software's SmartCPM™ Platform

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News provided by

OneStream Software LLC

31 Oct, 2017, 09:00 GMT

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ROCHESTER, Michigan, Oct. 31, 2017 /PRNewswire/ -- OneStream Software LLC, the leader in corporate performance management (CPM) solutions for the mid to large enterprise, announced another deployment of XF Cloud for financial consolidation, reporting, budgeting and forecasting with complete visibility in a unified solution.

"OneStream welcomes Benchmark Holdings to its growing list of live and successful customers," says Tom Shea, President of OneStream Software. "Benchmark required a modern CPM solution capable of addressing their core financial consolidation and planning requirements They needed complete visibility into their process and the flexibility to optimize across the enterprise. Our SmartCPM platform is anchored by a true financial engine and gave Benchmark more financial intelligence with built-in data quality, a core requirement for their growing organization."

"Benchmark was looking for a unified reporting system to meet all our key reporting and planning requirements," says Lee Bown, Group Business Systems Accountant at Benchmark Holdings PLC. "The group has grown rapidly in recent years and we had reached a point where our existing financial reporting systems were not performing optimally. We knew our initial focus would be on consolidation and OneStream's functionality in this area was a real differentiator in our selection process as it provides true financial consolidation capability and not just straight aggregation like many other tools. The OneStream platform has improved our month-end reporting, foreign exchange analysis and accountability of financial information. We are looking forward to leveraging the significant capabilities of OneStream to support additional data collections in the future."

CONTACT
Craig Colby
OneStream Software
+1 404-786-7932
Ccolby@onestreamsoftware.com

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995. Statements in this press release that are not strictly historical are "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. These statements involve a high degree of risk and uncertainty, are predictions only and actual events or results may differ materially from those projected in such forward-looking statements. Factors that could cause or contribute to differences include the uncertainty regarding viability and market acceptance of the company's products and services, the ability to complete software development plans in a timely manner and changes in relationships with third parties.

Related Links

https://onestreamsoftware.com

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