OneStream has forged a strategic partnership with Temus, the IT services company created in 2021 by UST, the global IT services company and Temasek, a global investment firm owned by the Government of Singapore. It aims to provide digital transformation services to Singapore’s public and private sectors and beyond.
The partnership will see Temus develop expertise in the OneStream financials management solutions and help transform the Office of Finance of its client base. It will look to deploy the OneStream Intelligent Finance platform that simplifies and aligns financial consolidation, planning, reporting, analytics and financial data quality.
Shridar Jayakumar, Managing director, Strategic Accounts and Platforms at Temus, commented, “Temus is delighted to embark on this journey with OneStream to unlock economic and societal value for our customers in government agencies and large enterprises. Digitally-transformed organisations will be the ones that thrive today and in the future – and the CFO is in the driving seat for this in a way that is more critical than ever before. Through this partnership, we look forward to further catalysing holistic transformation through and for the Office of Finance by adding OneStream to our services portfolio.”
Asia expansion
This new alliance is significant. It will open up the Singaporean market to OneStream. Temus already has 200 employees and is looking to quintuple that number in the next three years. With Temus now signing up as a silver partner in its partner ecosystem, OneStream hopes to expand its presence in Singapore as its first Singaporean-headquartered partner. With Temus effectively backed by the Singapore government, OneStream will also hope to win business in the public sector.
Stephanie Cramp, Senior Vice President, Global Strategic Alliances at OneStream Software, commented, “We are thrilled to announce our partnership with Temus and extend our presence around the globe. Each OneStream partner undergoes rigorous training to ensure full compliance with our mission of 100% customer success. We believe that a strategic partnership with Temus is ideal for the evolving needs of our customers on a global scale and together, we will provide our shared customers with an intelligent finance platform that allows the Office of Finance to lead at speed.”
Enterprise Times: What does this mean
OneStream has a growing footprint in APAC with several partners in Australia and global partners that cover the region. Nevertheless, this is a significant “win” for the company as it is looking to expand its presence there. Temus is one of the key partners to sign up for the Singapore market because of its backers. However, what will make this partnership stand out is the customer wins that get announced in the coming months. Also, whether Temus can rise to a gold-level partner through its work.
