Unmatched Experience: Worldwide Safety Lighting and Audible Warning Equipment Manufacturer and Distributor goes Live on New HFM Application

by | Sep 7, 2016 | Finit

Finit has delivered solutions for the office of finance 20 years, beginning in 2002 with a focus on Oracle EPM. In 2011, we were the first OneStream implementation partner and delivered the first OneStream solution to go live. We no longer offer consulting services for Oracle EPM. However, the functional experience and technical expertise built from this experience form the foundation of our industry-leading OneStream practice.

“There have been very few times in my career that I have the ability to say thank-you to a software implementation team for bringing a project in “on-time and on-budget”.  So it is with great admiration and pleasure that I send you this note to simply say thank-you for your efforts and congratulations on a job well-done!  The HFM application is live and I offer my appreciation to all of you for seeing this project through to a successful conclusion.”

-Chief Financial Officer

Above is the quote we received just last week related to a recent project go-live for one of our clients.  This client is a global provider of alarm safety lighting and warning equipment for commercial and emergency vehicles.  Our client’s plan was to spin off an HFM application from its holding company which currently kept a Chart of Accounts for each subsidiary. This Finit client required its own HFM application to make any changes needed without having an impact on the overall parent company HFM application. The new application provides autonomy to view and manage their own organization resulting in better analytics and decision making while satisfying the reporting requirements of the parent.  It provides the following to support faster and improved reporting:

  • The ability to change metadata
  • Making changes to the application without effecting the parent company applications
  • The ability to change mapping
  • Training of three administrators to manage their own application and support their users properly

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