OneStream Software Provides One Unified Solution for Financial Consolidation, Budgeting, Reporting, Data Submission and Cash Forecasting for the Terberg Group

Rochester, MI - 22 November 2016

OneStream Software LLC, the leader in Corporate Performance Management (CPM) solutions for the mid to large enterprise, today announced its powerful unified solution, OneStream XF, continues to streamline and improve financial consolidation, budgeting and reporting for its customers while maintaining 100% referencability.

“OneStream welcomes the Terberg Group to its growing list of live and successful customers,” says Tom Shea, President of OneStream Software. “Terberg was diligent in researching the various corporate performance management platforms on the market but ultimately felt that only OneStream XF could meet their financial consolidation, budgeting, reporting and forecasting requirements. Our SmartCPM™ platform is the next generation of corporate performance management systems, with a truly unified solution that combines power and flexibility with ease of use, deployment and maintenance. OneStream not only streamlined the financial processes for the Terberg Group but also brought ownership back to their Office of Finance which was key to their organization.”

“The Terberg Group was looking for an integrated platform for financial consolidation and management reporting,” says Ivo Jansen, Corporate Financial Controller at Terberg Group. “Our legacy system was cumbersome and consolidation required multiple manual entries which in turn created a lengthy and inefficient process. With OneStream XF, we were able to standardize and automate our consolidation process and reduce the time needed to generate corporate reports. Our controllers are now able to standardize and create manageable accounts, automate cash flow and leverage OneStream’s core budget and forecast capabilities. OneStream gave us the look and feel we were seeking in one unified product and application.”

OneStream XF, is a single, unified Corporate Performance Management software platform that simplifies processes to deliver financial consolidation and reporting, planning and operational analytics for complex organizations. Guided Workflows simultaneously improve the quality and consistency of data while reducing risk throughout the financial consolidation, reporting and planning processes. OneStream customers enjoy the multiple benefits of owning a single agile CPM system that is capable of adapting to business changes quickly and easily.

For over 145 years, the Terberg Group of companies have been active in the specialist vehicle markets. With 28 operating companies in 9 countries, Terberg is one of the largest independent specialist vehicle suppliers, from terminal tractors to cars, conversions to new builds, Terberg leads the way. The Terberg Group have been moving forward with an emphasis on invention, innovation, transformation and value creation. 

OneStream Software is a privately held software company created by the same team that invented the leading financial solutions of the last decade. We provide a unified Corporate Performance Management (CPM) platform which enables the enterprise to simplify financial consolidation, reporting, budgeting and forecasting for complex organizations. Powerful extensibility enables the enterprise to deliver additional analytic solutions without adding any technical complexity. By delivering multiple solutions in one application, we offer increased capabilities for financial reporting and analysis while reducing the risk, complexity and total cost of ownership for our customers. We are driven by our mission statement that every customer must be a reference and success.

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