Nova is a OneStream Partner

Nova is a OneStream partner for the implementation

What is OneStream, and what kind of solution is it?

OneStream is an Enterprise Performance Management (EPM) platform—that is, a tool focused on managing business performance. Its primary goal is to provide a unified view of an organization’s financial and operational data, enabling companies to continuously assess and improve their performance. It is an “all-in-one” solution, which means it consolidates multiple financial management processes and tools into a single platform.

By centralizing and standardizing financial data, OneStream facilitates access to relevant and accurate information for decision-making, while also allowing finance teams to focus on strategic activities rather than repetitive administrative tasks. The platform offers features for financial consolidation and reporting, planning and budgeting, as well as data analysis, making it a comprehensive and essential tool for any company’s finance department.

Luciana Arce, Head of EPM at Nova, notes that the partnership with OneStream allows the company to take full advantage of the platform’s capabilities and offer its clients comprehensive, customized solutions. According to Arce, OneStream’s extensive Marketplace enables Nova to tailor solutions to each client’s specific needs, resulting in successful implementations that maximize the platform’s value. With OneStream, Nova offers a tool that not only simplifies financial consolidation and reporting but also significantly improves the decision-making process by providing companies with timely and reliable financial information.

The Partnership Between Nova and OneStream in Spain

Since 2020, Nova has become OneStream’s first certified partner in Spain, demonstrating its commitment to excellence in the implementation of EPM solutions in the country. Nova has achieved OneStream’s Silver Plus Partner status, reaffirming its expertise and leadership in implementing this platform in the Spanish market. Under the leadership of César Vigo, Nova’s Sales Director, the company has been a pioneer in implementing OneStream in Spain for financial consolidation, thereby highlighting its ability to offer innovative, high-quality financial solutions.

If you’d like to learn more about a real-world case study, check out the Success Story: Financial Consolidation and Closing with OneStream.

Discover how OneStream can enhance financial management in your organization.

Request a free demo and see firsthand how OneStream’s EPM platform can help you streamline processes, improve results, and gain a competitive advantage.

How does OneStream work?

Process integration and automation.

OneStream works by integrating and automating financial and operational processes, offering organizations a unified and scalable solution.

A single data model

The platform operates on the basis of a single data model that avoids the redundancies and reconciliation issues that often arise when multiple financial management systems are used. In this way, OneStream allows users to access a single set of financial data, eliminating the risks of duplication or errors in the information.

Detailed financial reports and analysis

One of the main advantages of OneStream is its ability to provide detailed financial reports and advanced real-time analytics. With predictive analytics tools and customizable dashboards, OneStream enables finance teams to quickly identify trends, anticipate challenges, and make decisions based on concrete data.

Includes an App Marketplace

In addition, OneStream includes a Marketplace that offers a wide range of complementary applications, allowing organizations to tailor the platform to their specific needs without having to develop applications from scratch. For example:

Task Manager: For managing tasks and workflows.
AI Financial Forecasting Software: A solution for AI-powered forecasting.
ESG Blueprint: A solution for calculating carbon footprints.
Sensible Machine Learning: A tool that puts ML to work in the finance sector.

Contact us about your OneStream project!

Success Story: Ingeteam with OneStream's EPM Platform

Ingeteam Optimizes Its Consolidation and Reporting with OneStream.

Ingeteam is an international technology company specializing in electrical power conversion, operating in 24 countries and employing more than 4,000 people. It decided to implement new consolidation and reporting software due to the need for agility in the face of recurring mergers, acquisitions, and business spin-offs.

Is OneStream cloud-based?

Yes, OneStream is a cloud-based platform, which allows companies to take advantage of the flexibility and scalability of cloud technology. This cloud-based approach not only facilitates remote access and real-time collaboration but also enables organizations to grow and adapt as their needs change, without requiring costly and complex IT infrastructure.

Thanks to its cloud-based architecture, OneStream is constantly evolving and improving, allowing users to benefit from regular updates that enhance the platform’s capabilities. This ensures that the platform remains aligned with regulatory changes and industry best practices, offering a robust and future-proof solution. Additionally, OneStream’s cloud security meets the highest standards, providing companies with peace of mind regarding the confidentiality and protection of their financial data.

Nova is a OneStream Partner