Case Studies
Crane Worldwide Logistics Implements OneStream for Enhanced Financial Consolidation and Reporting
Overview
Analytics & Modeling - Predictive Analytics Functional Applications - Enterprise Resource Planning Systems (ERP) Platform as a Service (PaaS) - Data Management Platforms | |
Business Operation Quality Assurance | |
Cloud Planning, Design & Implementation Services System Integration | |
Operational Impact
OneStream’s direct integration with Sage automated trial balance loading from each ERP instance on a scheduled basis and greatly reduced time in data preparation. | |
Each country’s site controller has a standardized workflow designed to verify their trial balance data, load journals, input supplemental cash flow and roll-forward inputs, and review a variety of financial statements. | |
Corporate can monitor daily close progress without having to reach out to get a status update. | |
Quantitative Benefit
OneStream shortened the close process by three to four days. | |
Time spent on reporting process was cut by nearly 50 percent. | |
Cash flow process reduced from two days to two hours. | |