Ingram Micro Selects OneStream Software to Streamline Complex Finance Operations
Technology Distributor to replace existing systems with OneStream’s Unified Finance Platform
Ingram Micro, the world’s largest technology distributor and a leading provider of innovative technology logistics services and solutions, has made the decision to implement OneStream Software’s modern, unified corporate performance management (CPM) platform. With OneStream, Ingram Micro will simplify and gain valuable insight into core processes across its enterprise.
“OneStream will strategically bring together our financial consolidation, reporting and planning processes, with the ability to add additional solutions, like capital planning and account reconciliations, under the same platform and license,” said Fachtna Keohane, SVP of Finance for Ingram Micro.
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By migrating its legacy applications to OneStream’s unified platform, Ingram Micro looks to accelerate its financial close and reporting cycle while also maturing budgeting and forecasting across the organization. OneStream also provides a unique ability for Ingram Micro to expand its current allocation and profitability solution, which is currently comprised of an assortment of different technologies spanning the company’s 200,000+ customers and 2,000+ vendors.
“We are thrilled for Ingram Micro to have chosen OneStream and have faith in our leadership and market direction,” said Mark Reed, VP of Sales – Western US, OneStream Software. “OneStream’s platform capabilities proved to the Ingram Micro executive team that issues with their current web of applications could easily be solved in OneStream, while also discovering new possibilities through the OneStream XF MarketPlace. This partnership will be monumental in OneStream’s mission of delivering 100 percent customer success to similar sophisticated organizations struggling with fragmented finance applications.”
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OneStream Services will deliver the project which includes 1,100 users on the OneStream XF Cloud using Microsoft Azure. The scope for Phase 1 is to build an extensible application that allows Ingram to attack consolidations, reporting, planning, account reconciliations, capital planning, and people planning within a 7-month implementation window. Phase 2 will be to use OneStream for product profitability analysis.
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