The consolidation process that took hours in our previous system now takes only minutes with OneStream XF
ROCHESTER, MICHIGAN (PRWEB) September 30, 2015
OneStream Software LLC, leader in Corporate Performance Management (CPM) solutions for the mid to large enterprise, today announced another successful deployment of its unified solution for financial consolidation, reporting, planning, analysis and data quality.
“OneStream welcomes AFL to its growing list of successful customers,” says Tom Shea, President of OneStream Software. “AFL chose to invest in OneStream’s unified financial platform rather than spend substantial time and money to upgrade their current financial consolidation software. OneStream XF was the logical choice to deliver more functionality, simplified maintenance and much lower cost of ownership. With our unified CPM solution, AFL now has the ability to more efficiently deliver timely, accurate and insightful corporate analysis and reports.”
AFL, an industry leader providing fiber optic products, engineering expertise and integrated services to a variety of industries, joins an elite list of organizations around the world that have implemented OneStream XF. After evaluating OneStream, as well as alternative solutions on the market, AFL chose OneStream XF for its flexibility, Guided Workflows, planning modules, dashboards and the reduction in consolidation time.
“With AFL’s rapid growth, we recognized the need for a CPM solution that could effectively handle our complex environment while also offering us the ability to adapt to changes,” said Maranda Weber, Manager of Financial Reporting and Planning. “The consolidation process that took hours in our previous system now takes only minutes with OneStream XF. In addition, OneStream offers full budgeting and forecasting capabilities along with superior cash flow reporting, two major requirements of AFL. The Guided Workflows provide simple end user steps that allow us to focus on results instead of mechanics.”
OneStream XF, is a single, unified Corporate Performance Management software platform that simplifies processes to deliver financial consolidation and reporting, planning and operational analytics for complex organizations. Guided Workflows simultaneously improve the quality and consistency of data while reducing risk throughout the financial consolidation, reporting and planning processes.
362 South Street
Rochester, MI 48307
AFL provides industry-leading products and services to the electric utility, broadband, communications, enterprise and OEM markets as well as the emerging markets of oil and gas, mining, nuclear, avionics, renewables and transportation. The company’s diverse product portfolio includes fiber optic cable, transmission and substation accessories, outside plant equipment, connectors, fusion splicers, test equipment and training. AFL’s service portfolio includes market-leading positions with the foremost communications companies supporting OEM, outside plant, enterprise and wireless areas.
Founded in 1984, AFL is proud to offer engineering expertise, exceptional products and reliable service that help our customers improve their critical and electrical infrastructure. AFL has operations in the U.S., Mexico, Canada, Europe, Asia and Australia. The company is headquartered in Spartanburg, SC and is a wholly-owned subsidiary of Fujikura Ltd. of Japan. For more information, visit http://www.AFLglobal.com.
About OneStream Software LLC
OneStream Software is a privately held software company created by the same team that invented the leading financial solutions of the last decade. We provide a unified Corporate Performance Management (CPM) platform which enables the enterprise to simplify financial consolidation, reporting, budgeting and forecasting for complex organizations. Powerful extensibility enables the enterprise to deliver additional analytic solutions without adding any technical complexity. By delivering multiple solutions in one application, we offer increased capabilities for financial reporting and analysis while reducing the risk, complexity and total cost of ownership for our customers. We are driven by our mission statement that every customer must be a reference and success.