Chemours Selects OneStream Application to Streamline Complex Finance Functions | Enterprise & Finance

ROCHESTER, Mich.–(Business enterprise WIRE)–Mar 9, 2021–

The Chemours Organization, a world chief in Titanium Technologies, Thermal & Specialised Alternatives, Innovative Overall performance Supplies, and Chemical Answers, has selected corporate general performance management (CPM) vendor OneStream Software program to modernize the company’s finance operations. Chemours will replace Oracle Hyperion Fiscal Administration (HFM), Monetary Details High quality Administration (FDM), Account Reconciliation Cloud Solution (ARCS), and Excel spreadsheets with the OneStream platform to streamline economic consolidation and account reconciliations.

With 30 production web-sites serving consumers in about 120 nations around the world, the international chemistry business essential an set up CPM answer with effective integration capabilities. Chemours experienced a purpose of consolidating disparate finance instruments and spreadsheets into a single system to increase time and expenses all-around economic consolidation, reporting and evaluation.

“It grew to become clear our legacy consolidation and reporting purposes ended up no more time able of managing our ever more elaborate wants,” said Brian Erdman, Accounting Manager, Chemours. “Immediately after discussions with numerous OneStream consumers we speedily recognized the value of the platform and its tested performance of optimizing finance procedures and functions.”

Chemours was impressed by the candid feed-back and OneStream’s monitor file of client accomplishment. Yet another driving drive at the rear of the company’s conclusion was the ability to automate information masses from SAP into a one application. The OneStream Market of downloadable solutions also aligned with the company’s aim of unifying finance operations in a method that is scalable and effortless to sustain.

“We are very pleased to have been picked by Chemours and are thrilled about the intelligent finance strategy we have developed collectively to goal their sophisticated finance and operational requires,” explained Mike Cloud, Northeast Sales Manager, OneStream Program. “We wished to deliver Chemours with full transparency and inspired them to check out-in with businesses on our reference listing. As a final result, Chemours has designed multi-threaded interactions across our neighborhood and attained the self-assurance and assurances that OneStream is the proven CPM system for intricate world-wide corporations.”

AboutThe Chemours Company

The Chemours Company (NYSE: CC) is a worldwide leader in Titanium Systems, Thermal & Specialized Solutions, Innovative Functionality Products, and Chemical Options offering its shoppers with remedies in a vast array of industries with industry-defining solutions, application abilities and chemistry-centered improvements. We deliver custom-made remedies with a huge range of industrial and specialty chemical compounds goods for markets, like coatings, plastics, refrigeration, and air conditioning, transportation, semiconductor and buyer electronics, standard industrial, mining and oil and gasoline. Our flagship products and solutions include things like notable brand names such as Ti-Pure™, Opteon™, Freon™, Nafion™, Krytox™, Teflon™, and Viton™. In 2019, Chemours was named to Newsweek’s record of America’s Most Dependable Businesses. The corporation has around 6,500 workers and 30 manufacturing internet sites serving roughly 3,300 customers in approximately 120 nations around the world. Chemours is headquartered in Wilmington, Delaware and is outlined on the NYSE less than the image CC.

OneStream Software program gives a current market-foremost clever finance platform that cuts down the complexity of fiscal functions. OneStream unleashes the electric power of finance by unifying corporate performance administration (CPM) procedures these types of as arranging, economical near & consolidation, reporting and analytics as a result of a one, extensible solution. We empower the company with economical and operational insights to assistance faster and a lot more educated decision-producing. All in a cloud platform designed to frequently evolve and scale with your group.

OneStream is an independent computer software business backed by private equity investor KKR. With more than 650 customers, 200 companions and about 700 employees our key mission is to provide 100% customer good results.

Make contact with: OneStream Software package


Sector Search phrase: Software package NETWORKS FINANCE Info Management Substances/PLASTICS Experienced Solutions Know-how Manufacturing

Resource: OneStream Computer software

Copyright Enterprise Wire 2021.

PUB: 03/09/2021 09:00 AM/DISC: 03/09/2021 09:02 AM

Copyright Business enterprise Wire 2021.