Case Studies
Royal Terberg Group Enhances Financial Consolidation and Reporting with OneStream
Overview
Analytics & Modeling - Predictive Analytics Functional Applications - Enterprise Resource Planning Systems (ERP) Platform as a Service (PaaS) - Data Management Platforms | |
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Business Operation | |
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Operational Impact
With OneStream, intercompany balances are reconciled and eliminated faster and more efficiently through an automated, simplified consolidation process. | |
OneStream has not only saved time and effort, but the platform has also enabled Terberg to report key figures to the board of directors faster, with more detail for analysis. | |
The finance team also benefits from OneStream’s direct integration to the ERP system, which allows them to obtain critical figures with higher accuracy. | |
Quantitative Benefit
Following their implementation, Terberg acquired a significant business that added 10 operating companies, nearly doubling their sales numbers. | |
The first consolidated budget was delivered by the end of October in standard format, following a swift implementation in September. | |
System upgrades are completed in less than two hours. | |