实例探究 > INW Manufacturing's Digital Transformation with OneStream

INW Manufacturing's Digital Transformation with OneStream

公司规模
1,000+
地区
  • America
国家
  • United States
产品
  • OneStream
  • Excel Analysis End User Training
  • Direct Connect
技术栈
  • OneStream
  • Excel
  • Deacom ERP
实施规模
  • Enterprise-wide Deployment
影响指标
  • Cost Savings
  • Digital Expertise
  • Productivity Improvements
技术
  • 分析与建模 - 预测分析
  • 平台即服务 (PaaS) - 应用开发平台
  • 平台即服务 (PaaS) - 数据管理平台
适用行业
  • 消费品
  • 医疗保健和医院
适用功能
  • 商业运营
  • 质量保证
用例
  • 预测性维护
服务
  • 软件设计与工程服务
  • 系统集成
  • 培训
关于客户
INW Manufacturing is a division of INW Holdings, specializing in the research, development, formulation, and manufacturing of various products, including powders, liquids, gels, tablets, capsules, creams, and lotions. The company primarily serves the dietary supplement and sports nutrition markets, shipping products to over 95 countries. Headquartered in Carrolton, Texas, INW Manufacturing operates production facilities covering approximately 900 thousand square feet and generates consolidated revenues exceeding $400 million. The company has grown significantly through acquisitions and organic growth, now employing over 1,000 people.
挑战
INW Manufacturing faced significant challenges due to its rapid growth through acquisitions and organic expansion. The company operated with over 1,000 employees across multiple facilities, each with different ERP systems, networks, and firewalls. This complexity made consolidated reporting and intercompany activity management extremely difficult. The CFO, Melissa Carter, managed budgets manually using Excel, which was time-consuming and inefficient. The need for a robust consolidation tool became evident as the company struggled to keep up with the pace of acquisitions and the increasing complexity of its operations.
解决方案
INW Manufacturing selected OneStream Software to address its consolidation and reporting challenges. The implementation was led by Amy Funari, who had extensive experience with Hyperion Financial Management. Working with Black Diamond Advisory, Funari built a unique Capital Expense (CapEx) model and leveraged the Excel Analysis End User Training solution from the OneStream MarketPlace for user training. INW developed a new forecasting and budgeting application within OneStream, incorporating detailed actual data and high-level budgets for current and prior years. This allowed for real-time updates and adjustments, significantly improving the efficiency and accuracy of the budgeting process.
运营影响
  • INW Manufacturing reduced its financial close process from 10 days to under five days within three months of using OneStream.
  • The budgeting process, which previously took two weeks, was reduced to two hours with OneStream.
  • The unified platform provided more robust reporting for internal and external stakeholders, making data interpretation easier and more consistent.
  • The implementation of OneStream allowed for deeper insights into results through Extensible Dimensionality, enhancing decision-making capabilities.
  • The company experienced significant time savings in managing and interpreting data, freeing up resources for other critical tasks.
数量效益
  • Reduced financial close process from 10 days to under five days.
  • Reduced budgeting process from 14 days to two hours.

Case Study missing?

Start adding your own!

Register with your work email and create a new case study profile for your business.

Add New Record

相关案例.

联系我们

欢迎与我们交流!
* Required
* Required
* Required
* Invalid email address
提交此表单,即表示您同意 IoT ONE 可以与您联系并分享洞察和营销信息。
不,谢谢,我不想收到来自 IoT ONE 的任何营销电子邮件。
提交

感谢您的信息!
我们会很快与你取得联系。