Case Studies
Victaulic Enhances Financial Reporting and Consolidation with OneStream
Overview
Analytics & Modeling - Predictive Analytics Platform as a Service (PaaS) - Application Development Platforms Platform as a Service (PaaS) - Data Management Platforms | |
Oil & Gas | |
Business Operation Quality Assurance | |
Software Design & Engineering Services System Integration Training | |
Operational Impact
Victaulic shortened their close process by providing the consolidation team a workflow that runs confirmation rules on trial balance data, override data, and rollforward data to ensure the quality of companywide results. | |
OneStream provided direct mapping to several source systems thus streamlining data integration and providing a speedy consolidation process saving time and effort and creating faster and more user-friendly reports. | |
Subsidiaries using the M3 GL system with different chart of accounts are now being mapped using a global transformation rule to ensure consistency. | |
Quantitative Benefit
Victaulic has 13 manufacturing facilities and 30 branches worldwide. | |
The company has 3,600 employees who speak 43 languages across the globe. | |
Victaulic solutions are at work in more than 140 countries. | |