Lucy Group Transforms Financial Management with OneStream Software
公司规模
1,000+
地区
- America
- Asia
- Europe
- Middle East
国家
- United Kingdom
产品
- OneStream Software
- Oracle Hyperion Enterprise
- OneStream MarketPlace
技术栈
- 64-bit architecture
实施规模
- Enterprise-wide Deployment
影响指标
- Customer Satisfaction
- Digital Expertise
- Productivity Improvements
技术
- 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
Lucy Group is a privately-owned, international business group with origins dating back over 200 years. Initially focused on manufacturing metal castings, the company has evolved into a group comprising four distinct business units: Lucy Castings, Lucy Controls, Lucy Electric, and Lucy Real Estate. Employing over 1,400 people across offices and factories in 10 regions, Lucy Group trades in over 60 countries. The company has a rich history and a diverse portfolio, making it a significant player in the manufacturing industry.
挑战
Lucy Group had been using Oracle Hyperion Enterprise for financial consolidations, budgeting, planning, and reporting. The organization faced complications due to its operations across multiple overseas locations, relying on several point solutions across its four business units. The finance team was challenged with manually integrating data from multiple GL and ERP applications, including Dynamics AX and Sage. After 10 years of using Hyperion Enterprise, Lucy Group struggled with product limitations and a lack of visibility into the financial breakdown of business segments. They needed a more efficient solution to meet management demands for greater insights into financial data.
解决方案
To address their data integration issues, Lucy Group evaluated Corporate Performance Management (CPM) platforms and selected OneStream Software. OneStream offered a single solution platform that eliminated the risk and complexity of data integration, validation, and reconciliation between multiple products or applications. The platform's built-in workflow functionality increased visibility and accountability, allowing users to load data directly into OneStream for managerial review. Lucy Group initially deployed OneStream on-premise but is considering a future move to the cloud. OneStream's flexibility and agility, built on 64-bit architecture, make it suitable for cloud, hosted, or on-premise implementations. The platform also offers quick system upgrades, completed within hours.
运营影响
数量效益
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