Situation
The acquisition of Home Trust Bank created an immediate and complex integration challenge for Fairstone’s finance organization. The combined entity required a unified EPM solution capable of harmonizing Workday and SAP ERP data across two distinct organizations — each with its own systems, structures, and reporting requirements. EPM processes were fragmented across multiple platforms, including T-Recs, SAP, and offline tools, with consolidations managed in Workday and supplemented by manual intercompany workflows that introduced risk and inefficiency at every step. Beyond the immediate integration need, Fairstone required a scalable, acquisition-ready EPM platform that could grow with the business — one that wouldn’t need to be rebuilt each time the organization expanded
Our Solution
Thought Logic partnered with Fairstone’s business, finance, accounting, and technology teams to implement OneStream as the unified EPM foundation across both organizations. Automated integrations were built from SAP, Workday, and BAI sources for Trial Balance, GL Transactions, and Bank information — replacing the fragmented, manual data flows that had created complexity across the close process. Thought Logic automated intercompany eliminations and created forms to reduce manual efforts outside of OneStream, and unified multiple charts of accounts to support parent company reporting, GAAP, and management reporting. Journal Entry Manager was implemented to automate the generation of reclass entries from OneStream directly to the ERP. The platform was designed with scalability at its core — making the Transaction Matching and Account Reconciliations architecture extensible for future acquisitions and new processes as Fairstone continues to grow.
Stakeholders
Our Clients
Our Solution Team
Achievements
The engagement consolidated Fairstone’s fragmented post-acquisition finance environment into a single, integrated OneStream platform — establishing one trusted source of data and a scalable foundation built to support the organization’s continued growth through acquisition.
