Enhance your SAP ERP investment with OneStream Software

In the ever-evolving corporate finance landscape, executives face increasing challenges in delivering accurate and timely results to stakeholders. These challenges often stem from the fragmented nature of financial data across various systems. There is a prevailing skepticism for businesses reliant on SAP ERP systems that external solutions cannot provide seamless integration and data transparency.
However, our latest white paper, "Integrating OneStream & SAP" debunks this myth and introduces a robust alternative.

Bridging the Gap with OneStream

The white paper explores the depth of integration possible between OneStream and SAP ERP systems, mainly focusing on the SAP S/4HANA and SAP Datasphere applications. With OneStream, organizations can streamline their financial consolidation, planning, reporting, and account reconciliation processes. The finance teams can leverage OneStream's powerful platform to enhance their operations while maintaining real-time data flow from their existing SAP systems.

Why Consider OneStream to Amplify Your SAP ERP?

The integration of OneStream with SAP brings numerous advantages, which are detailed in our white paper. Key benefits include:

• Real-Time Data Synthesis: OneStream’s framework allows immediate data availability from SAP, which is crucial for timely decision-making and financial reporting.
• Enhanced Performance: users report significantly reduced run times for financial processes such as consolidations and account reconciliations – achievements made possible by the efficient data-handling capabilities of OneStream.
• Improved Accuracy and Transparency: with a unified platform, discrepancies and errors diminish as data integrity improves, offering a clearer view of financial standings.
• Automated Metadata Management: OneStream eliminates the need for manual dual metadata management by providing capabilities to automate adding metadata to the platform alongside its creation in SAP ERP.

The white paper's case studies highlight these benefits in real-world scenarios. For instance, a Fortune 200 telecommunications company reduced its financial close process from several days to less than 10 minutes for certain tasks, thanks to the OneStream integration with SAP ERP.  

How Does OneStream Interface with SAP?

At the technical core, OneStream utilizes an ODBC driver configured within the SAP environment to facilitate this integration. This setup enables two distinct connection strategies: through the application layer directly within SAP ERP or via the database layer utilizing SAP HANA’s in-memory capabilities. Each method has its merits, but our white paper dives deep into how businesses can choose the best approach based on their needs.

Conclusion: Take the Next Step in Financial Transformation

Integrating OneStream with SAP ERP not only enhances the capabilities of financial reporting and consolidation but also opens doors to a more streamlined, efficient, and transparent financial process across your organization. Our white paper provides a comprehensive look at how this integration works and its myriad benefits.

👉 Are you a SAP ERP user utilizing ECC or SAP S/4HANA?

Download the white paper "Integrating OneStream & SAP" to learn more about how to transcend traditional boundaries and achieve greater financial clarity and efficiency, and begin your journey towards enhanced financial operations.