Europe’s largest hotel operator, Accor, is incorporating Rochester corporate performance management software provider OneStream’s cloud-based platform deployed on Microsoft Azure to replace the company’s legacy reporting solutions.
Accor is replacing 10 fragmented legacy applications with the unified OneStream platform, which helps the company collect and consolidate data from its entities around the globe. It also allows the hotelier to streamline its reporting process and give its finance department up-to-date readings on overall company performance.
Accor, the world’s sixth-largest hotel operator, operates 5,100 hotels across 110 countries, employing more than 280,000 people worldwide. Prior to implementing OneStream, each country managed financial processes separately, using various tools.
“We needed a solution that would not only replace our existing Oracle HFM application but would also offer better support by bringing financial data from each global entity together into a single, unified platform,” says Patrick Laurent, senior vice president of group control for Accor. “We found that OneStream is so much more than a consolidation system as it is capable of very sophisticated use cases for a complex organization like Accor.”
The deployment began in April 2019, led by Jérémy Lamarche from Accor, accompanied by Deloitte for project management assistance. OneStream and its implementation partner Klee Performance are accompanying Accor by being in charge of project management for the implementation of the solution.
Aside from replacing its Oracle HFM consolidation application in Phase I of the implementation, Accor also is deploying OneStream for detailed hotel level budget and forecasting data collection and management reporting.
“Accor is OneStream’s first French customer in the hospitality industry,” says Craig Colby, president of OneStream Software. “We recognize the strong demand in the market for a modern and intelligent CPM platform across this region and are honored by the opportunity to have been selected out of 19 competing vendors. For Accor, OneStream has proven to possess the capabilities to manage critical global finance processes more effectively within one platform.”
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