Investment Group KKCG has selected corporate performance management (CPM) vendor OneStream and SIMPLEBEEZ, a Czech based implementation partner, to unify and streamline the company’s complex financial operations, replacing its current financial consolidation and reporting system with OneStream’s Intelligent Finance Platform.
Latest Fintech News: Cashfree Payments Partners with PharmEasy to Facilitate Convenient Payment Settlements to its Retail Partners
KKCG selected OneStream as the platform demonstrated to be the most efficient solution to handle the organization’s complex and fast evolving financial requirements. OneStream’s proven customer success, expertise and demonstrated experience of SIMPLEBEEZ also played a significant role in the decision. KKCG will work with SIMPLEBEEZ and OneStream to deploy 100 users in phase one of implementation and streamline KKCG’s International Financial Reporting Standards (IFRS) consolidation, covering all four pillars of their business.
“We are happy to start a new partnership with OneStream and SIMPLEBEEZ to transform our consolidation and reporting processes and enable us to be more flexible and prepared for further business expansion,” said Zdeněk Jurák, Finance Manager at KKCG. “We think OneStream is the most capable system to handle our complex financial requirements in a single unified platform. Additionally, we have chosen SIMPLEBEEZ as an implementation partner due to their hands-on experience with similar complex projects. This partnership will allow KKCG to drive growth through streamlined processes, data-backed insights and a single source of truth within the organization”.
Latest Fintech News: MANTL Announces Omnichannel Deposit Origination Platform for Credit Unions
“It is an honor to be selected by KKCG to streamline their financial processes and drive further growth within the Czech Republic,” said Johan Edlund, Senior Vice President of Sales EMEA at OneStream. “We look forward to working with KKCG to unleash the power of finance and drive strategic, long-term growth by unifying their financial processes.”
“We are excited and fully committed to drive and deliver the transformation of the complex consolidation processes at KKCG, side by side with their brilliant team, and become a trusted partner for further business expansion,” said Martin Prášek, CEO and Founder at SIMPLEBEEZ.
Latest Fintech News: Alight announces launch of Payment Services
[To share your insights with us, please write to sghosh@martechseries.com]
