AFL Streamlines Financial Operations with OneStream Cloud
公司规模
1,000+
地区
- America
- Asia
- Europe
- Pacific
国家
- Australia
- Canada
- Japan
- Mexico
- United States
产品
- OneStream Cloud
- Microsoft Azure
- Oracle Hyperion Financial Management (HFM)
- Blackline
技术栈
- Cloud Computing
- Financial Consolidation Software
- ERP Systems
实施规模
- Enterprise-wide Deployment
影响指标
- Cost Savings
- Customer Satisfaction
- Digital Expertise
- Productivity Improvements
技术
- 分析与建模 - 预测分析
- 平台即服务 (PaaS) - 连接平台
- 平台即服务 (PaaS) - 数据管理平台
适用行业
- 电信
适用功能
- 商业运营
服务
- 云规划/设计/实施服务
- 系统集成
- 培训
关于客户
Founded in 1984, AFL is an international manufacturer providing end-to-end solutions to the energy, service provider, enterprise, and industrial markets as well as several emerging markets. The company’s products are in use in over 130 countries and include fiber optic cable and hardware, transmission and substation accessories, outside plant equipment, connectivity, test and inspection equipment, fusion splicers, and training. AFL also offers a wide variety of services supporting data center, enterprise, wireless, and outside plant applications. Headquartered in Spartanburg, SC, AFL has operations in the U.S., Mexico, Canada, Europe, Asia, and Australia, and is a wholly-owned subsidiary of Fujikura Ltd. of Japan.
挑战
AFL was using Oracle Hyperion Financial Management (HFM) for consolidation and reporting, and found the system too costly to manage, maintain and upgrade. Excessive downtime and lost data triggered the evaluation of alternative solutions. AFL was also using Excel® spreadsheets and email for budgeting, planning and forecasting which bogged down the planning processes.
解决方案
AFL evaluated several solutions and selected OneStream for financial consolidation, budgeting, forecasting, account reconciliations, data collections, and cash flow reporting. After the initial implementation, AFL decided to move from on-premise deployment to the OneStream Cloud leveraging Microsoft® Azure®. OneStream Cloud has relieved AFL’s IT department from worrying about backups and system maintenance, and also made access to the system much easier for users at remote sites. The system has also given business users the ability to run reports as soon as data was loaded and they no longer had to wait on corporate for consolidations to view results and reports. OneStream was able to easily handle AFL’s complex consolidation and reporting requirements, which include consolidating 54 companies for US reporting and reporting to their Japanese parent company across 12 business segments. The application loads data in 13 currencies from 12 ERP systems with many intercompany eliminations and some partially owned subsidiaries. Despite this complexity, AFL was able to maintain their fast, two-day close schedule.
运营影响
数量效益
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