Case Studies TSG Group Transforms Financial Operations with OneStream Software

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	TSG Group Transforms Financial Operations with OneStream Software

TSG Group Transforms Financial Operations with OneStream Software

Technology Category	Analytics & Modeling - Predictive Analytics Application Infrastructure & Middleware - Data Exchange & Integration Platform as a Service (PaaS) - Data Management Platforms
Applicable Functions	Business Operation
Services	Software Design & Engineering Services System Integration Training
Challenge	TSG Group faced significant challenges in managing multiple finance systems across 30 countries. The existing systems, including SAP Business Objects Financials Consolidation (BOFC) and Hyperion Essbase, caused data latency and synchronization issues, with delays over two hours. Additionally, the need to work through a third party for external service support added to the lag times. The group required a single CPM environment for both external and management reporting, and a single provider to support the system. Read More
About Customer	TSG Group is a leading provider of solutions for energy distribution networks, combining equipment sales, services, and projects aimed at fueling mobility across Europe and Africa. Headquartered in Paris, TSG Group operates in 30 countries through six business segments. With a workforce of 3,500 employees worldwide, the company services over 40,000 gas stations, processing over 500 million transactions annually for fuel and shop sales. TSG Group's extensive reach and diverse energy solutions make it a significant player in the energy distribution sector. Read More
Solution	TSG Group selected OneStream Software to address their challenges. The modern OneStream platform provided a unified environment for consolidation, statutory reporting, management reporting, and analysis. Working with OneStream Partner, Inplenion, TSG set up a full-managed service with the platform. The system was configured to meet their needs and had the agility to scale as requirements changed. The implementation process was smooth, and TSG migrated all financial consolidation, statutory reporting, and management reporting to the OneStream platform in the first phase of the project. The transition was successful, and the company is now live on the new system. Read More Log in to view content
Contents

Technology Category

Analytics & Modeling - Predictive Analytics

Application Infrastructure & Middleware - Data Exchange & Integration

Platform as a Service (PaaS) - Data Management Platforms

Applicable Functions

Business Operation

Services

Software Design & Engineering Services

System Integration

Training

Challenge

TSG Group faced significant challenges in managing multiple finance systems across 30 countries. The existing systems, including SAP Business Objects Financials Consolidation (BOFC) and Hyperion Essbase, caused data latency and synchronization issues, with delays over two hours. Additionally, the need to work through a third party for external service support added to the lag times. The group required a single CPM environment for both external and management reporting, and a single provider to support the system.

About Customer

TSG Group is a leading provider of solutions for energy distribution networks, combining equipment sales, services, and projects aimed at fueling mobility across Europe and Africa. Headquartered in Paris, TSG Group operates in 30 countries through six business segments. With a workforce of 3,500 employees worldwide, the company services over 40,000 gas stations, processing over 500 million transactions annually for fuel and shop sales. TSG Group's extensive reach and diverse energy solutions make it a significant player in the energy distribution sector.

Solution

TSG Group selected OneStream Software to address their challenges. The modern OneStream platform provided a unified environment for consolidation, statutory reporting, management reporting, and analysis. Working with OneStream Partner, Inplenion, TSG set up a full-managed service with the platform. The system was configured to meet their needs and had the agility to scale as requirements changed. The implementation process was smooth, and TSG migrated all financial consolidation, statutory reporting, and management reporting to the OneStream platform in the first phase of the project. The transition was successful, and the company is now live on the new system.

Impact #1	TSG Group has eliminated delays in statutory and management reporting, which previously required waiting until the end of the day to extract data from SAP to Essbase.
Impact #2	The unified OneStream platform allows managers to access necessary data securely, isolated from separate reports and hierarchies used for statutory reporting.
Impact #3	Financial controllers at each subsidiary can model their budget at the required level of detail using the same platform.

Impact #1

TSG Group has eliminated delays in statutory and management reporting, which previously required waiting until the end of the day to extract data from SAP to Essbase.

Impact #2

The unified OneStream platform allows managers to access necessary data securely, isolated from separate reports and hierarchies used for statutory reporting.

Impact #3

Financial controllers at each subsidiary can model their budget at the required level of detail using the same platform.

Benefit #1	TSG Group services over 40,000 gas stations.
Benefit #2	The company processes over 500 million transactions annually for fuel and shop sales.
Benefit #3	TSG Group operates in 30 countries.

Benefit #1

TSG Group services over 40,000 gas stations.

Benefit #2

The company processes over 500 million transactions annually for fuel and shop sales.

Benefit #3

TSG Group operates in 30 countries.

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Overview

TSG Group Transforms Financial Operations with OneStream Software

Operational Impact

Quantitative Benefit