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30 Innovators to Watch 2022

A leading consulting firm focused on helping clients improve business understanding and decision making: MindStream Analytics

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MindStream Analytics is a leading consulting firm focused on helping clients improve business understanding and decision making. With years of experience in the analytics and Business Performance Management area, MindStream offers services ranging from software selection and implementation to best practices for financial planning. MindStream offers customers business intelligence and analytic tool selection, predictive modeling development, real-time streaming analytics, Profitability Costing models, EPM/CPM design and delivery optimization and best practices for financial planning. MindStream guides their customers to a solution that enhances business modeling enabling better analysis and insight into their data.

MindStream Analytics believes that the power of technology combined with best practices will give customers the ability to make fact based decisions. MindStream will work with customers towards a solution that enhances value and offers more insight into their data. MindStream believes that the power of technology, combined with new procedures, will give its customers better analytic capabilities. MindStream Analytics is a OneStream Diamond partner focused on corporate performance management (CPM) solutions. The team at MindStream has years of experience delivering innovative solutions to maximize and provide efficiency to an organizations strategic, operational and financial management processes. MindStream Analytics has developed a unique approach and methodology to help you deploy OneStream's platform efficiently using best practices for financial planning.

OneStream platform offers

  • One Product
  • Multiple Solutions
  • Flexible Deployment
  • Rapid User adoption

OneStream , deployable on-premise or in the cloud, unifies and simplifies financial consolidation and reporting, budgeting, planning and operational analytics for sophisticated enterprises and eliminates the need to learn, integrate and maintain multiple modules, silos or applications. OneStream employs Guided Workflows, validations and flexible mapping to deliver data quality confidence for all collections and analysis while reducing risk throughout the entire auditable financial process. An Agile Platform for Corporate Performance Management (CPM). How quickly does your business unit adapt to changes such as acquisitions and divestures, reporting structures, or new planning requirements? By offering one platform and one model for all financial CPM solutions, OneStream aligns to your business needs and changes more quickly and easily than any other product. The Unified Platform offers the required agility to run your business while dramatically driving down your total cost of ownership. OneStream Extensible Finance is a single platform for Unified Corporate Performance Management software including Unified Financial Data Quality, Financial Consolidation and Reporting, Financial Forecasting, Budgeting and Planning, and Financial Analytics and Reporting and what MindStream refers to as Collect Anything. Built upon the industry's most robust and intelligent consolidation engine, OneStream XF delivers strict corporate controls along with operational and analytic independence for business units.

Simplified financial consolidation and reporting for complex organizations

OneStream reduces internal control risk and delivers confidence in external and management reporting. MindStream’s consolidation functionality delivers high performing and true statutory compliant consolidation with multicurrency, partial ownership, journals, allocations, multi-GAAP reporting and exchange rate nominalization. With the most advanced audit trail, drill down and drill back capabilities of any system, OneStream offers 100% transparency and controls. Maximize performance and agility with the ability to automatically eliminate at the first common parent with complete visibility to all eliminations. Powerful collaboration tools for end users to address mismatches instantly in the workflow process. Building alternate hierarchies in OneStream is a task, not a project. This core capability delivers financial reporting confidence.

MindStream Analytics specializes in the following technologies:

  • Extensive experience with Oracle suite of enterprise performance management solutions, including: Oracle Financial Close & Reporting, Oracle Essbase & Planning, Budgeting & Forecasting and Oracle Profitability & Cost Management.
  • MindStream also offers experts with Oracle EPM Cloud offerings including Oracle Enterprise Planning Cloud (EPBCS), Oracle Analytics Cloud (OAC), Oracle Planning and Budgeting Cloud Solution, Account Reconciliation Cloud, Financial Consolidation & Close Cloud, Profitability & Cost Management Cloud, and Tax Reporting Cloud.
  • Deep knowledge of multidimensional modeling and helping clients gain valuable insight into complex financial and operational data sets to enhance business performance.
  • Extensive experience with Oracle Data Management and Business Intelligence solutions , including: Oracle Business Intelligence Tools and Technology and Oracle Business Intelligence for Analyzing Big Data
  • Experts in Master Data Management and Governance leveraging Oracle Data Relationship Manager (DRM) and Data Relationship Governance (DRG).

Today’s innovative technology together with MindStream Analytics expertise, can get you on the path to improving your organization’s financial reporting by better managing your assets, budgeting and planning more effectively, and predicting potential organizational disruption.

Meet the leader behind the success of MindStream Analytics

Alex Ladd, Senior Partner and CEO is a Design Lead Certified Planning & Essbase architect who has personally worked on more than 50 Planning and Essbase implementations. Alex also has experience with a number of tier-1 EPM software products that give him a unique expertise with both relational and OLAP data structures. Alex is a graduate of Trinity College (Hartford, CT) with a Bachelor's degree in History. Alex has over 15 years experience in financial software systems. He is the Sr. Partner of MindStream Analytics, a Boston based consulting and managed services firm specializing in enterprise performance management and BI analytic solutions to customers that include American Medical Association, Bayer Corporation, Boston Scientific, Chiquita Brands, ING Direct, Glaxo SmithKline, Monster Worldwide, Sara Lee, Time Warner Cable, and Verizon. Prior to founding MindStream, Alex was a Managing Director at Pinnacle Group Worldwide and a Senior Consultant at ISA Consulting. He is currently the OAUG Essbase SIG Domain Lead.

“We help companies acquire, implement, host, and manage strategic finance solutions designed to grow their business by bringing People, Process and Information together.”

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