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Axian and Synvance announce the launch of the OneStream solution

Axian and Synvance announce the launch of the OneStream XF solution as the Group’s new statutory reporting and consolidation tool.

Axian, a fast-growing pan-African group operating in Telecom, Energy, Real Estate, Financial Services and Innovation, has chosen the OneStream platform to produce its financial and operational reporting as well as its statutory consolidation.

The Telco branch, which is the Group’s pilot, deployed its new operational and financial management tool developed in OneStream last May with the support of Synvance, in charge of integrating the solution. The second phase of the project will see the consolidated accounts produced in this application from December 2022.

“OneStream allows Axian Group to secure and accelerate the production of its financial information in a context of sustained growth and accelerated structuring. Communication is more fluid through clear and operational dashboards that have been adapted to our specific needs. This success is also the result of the joint work of the internal teams (IS Projects, Controlling, Consolidation, FP&A, Treasury) and Synvance."

“The flexibility of the platform (especially the scalability of the dimensions) allows us to consider deploying this corporate tool in the different branches of the Group while addressing the specific issues of the different branches of activity."

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