How EnPro Industries replaced seven CPM tools with one common financial language

My name is Kevin Cramner. I am the VP of FP&A at EnPro, Inc. EnPro is a global industrial technology company. Before we implemented OneStream, we had some challenges in our organization due to our structure as we had seven divisions. Each division had its own CPM tool. We also have 15 ERPs throughout our company and we do not have a data warehouse. So those challenges really made it difficult to have thorough analyzes completed. We were really tired of the amount of different softwares we had across the organization. The primary reason we chose OneStream Software was really the platform. By implementing OneStream, we were able to set up different cubes for each division. What that does is it allows us to have that flexibility, someone to forecast at a very granular level. Some divisions want to forecast at a very high level, and therefore that extensibility allows that flexibility for each division to forecast at the level that they prefer. The implementation of OneStream allowed us to shorten our close by at least one day, and a big part of that was the direct connections to our ERPs. We really have moved away from a lot of the Excel files. We are using it for forecasting, budgeting, consolidation, you know, so therefore it feeds into our financial and management reporting. We use it for account reconciliations. By implementing OneStream it became really a common financial language. really knew when we were talking about different metrics. We were talking about different reports we could point to it very easily, really helped with knowing that time is being spent by myself and my team and others in the organization in a very valuable way. We've really got away from all of the time being spent on just reconciling data and doing the cleanup of data. We want to focus on adding value by doing things, in FP&A, such as actually diving into the data and being able to be confident that the data is accurate. Now with OneStream, finance is really self-sufficient. It really helps us in getting stuff done. We're self-sufficient in a way where we're able to do stuff in a manner that is way faster than it's typically been in the past.