Centene's Financial Transformation Journey: A OneStream Success Story
July 28, 2020Centene, a large multi-line managed care organization, was looking to modernize and streamline its corporate performance management (CPM) applications.
Centene had to move data between platforms multiple times during the close process so that close data could be fully consolidated and made available for reporting. This process had numerous challenges and inefficiencies that Centene wished to improve upon so that they could provide a more streamlined and more transparent process to the functional teams that leverage consolidated financials in their systems for reporting and analysis.
Centene chose OneStream XF for global and US consolidations, currency conversion, eliminations and ownership percentage.
Michael Vannoni, director, financial systems solutions discussed the migration to OneStream XF including:
- Factors leading to the selection of OneStream XF
- Details of the solution design
- Benefits realized with global consolidation implementation
- Future planned enhancements