AFL Selects OneStream Software to meet its corporate financial consolidation, budgeting and reporting needs

9th October 2015

OneStream Software LLC has announced the successful deployment of its unified solution for financial consolidation, reporting, planning, analysis and data quality. “OneStream welcomes AFL a provider of fiber optic products, engineering expertise and integrated services 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.”

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.”