Melrose PLC Implements OneStream to Unify Financial Reporting and Improve Efficiency
公司规模
1,000+
地区
- Europe
国家
- United Kingdom
产品
- OneStream
- Oracle Hyperion Enterprise
- Hyperion Financial Management (HFM)
- Oracle Essbase
- Hyperion Strategic Finance (HSF)
技术栈
- Corporate Performance Management (CPM)
- Financial Consolidation and Reporting
- Budgeting and Forecasting
- Financial Data Quality
- Management Reporting and Analysis
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
- 应用基础设施与中间件 - 数据交换与集成
- 功能应用 - 企业资源规划系统 (ERP)
适用行业
- 金融与保险
- Professional Service
适用功能
- 商业运营
- 质量保证
服务
- 软件设计与工程服务
- 系统集成
- 培训
关于客户
Melrose Industries PLC is a London-based company specializing in buying and improving underperforming businesses. They focus on acquiring good manufacturing businesses with strong fundamentals and improving their performance through significant investment and management changes. Melrose finances its acquisitions using low leverage, improves the businesses, sells them, and returns the proceeds to shareholders. The company is listed on the London Stock Exchange as a constituent of the FTSE 100 Index.
挑战
Melrose PLC was using multiple Oracle Hyperion products for management and statutory reporting, as well as financial forecasting and scenario analysis. The fragmented architecture caused the finance team to spend a significant amount of time moving and maintaining metadata between multiple systems. As the organization continued to acquire additional businesses, it became increasingly difficult to roll-up and integrate disjointed data. Melrose needed a unified CPM solution that reduced the burden of maintaining multiple applications and allowed for complete visibility into data and process changes.
解决方案
Melrose selected OneStream as their CPM solution due to its agility, flexibility, and ability to retain historical data. OneStream provided a unified platform that complied with statutory reporting requirements, improved analysis, included audit controls, and offered enterprise-wide visibility into changes. The implementation of OneStream replaced multiple Oracle Hyperion products, making the close process faster and easier with rapid user acceptance across the organization. OneStream's Guided Workflows and powerful consolidation and reporting engine provided a turnkey solution to business users and a lower TCO for group reporting.
运营影响
数量效益
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