ROCHESTER, Michigan – (COMMERCIAL THREAD) – Kelvion, a leading heat exchanger manufacturer, selected enterprise performance management (CPM) provider OneStream Software to unify the company’s financial operations. Kelvion will replace Tagetik and Excel spreadsheets with the OneStream platform to streamline financial planning, consolidation and reporting.
With 5,000 employees and 67 sales and production sites worldwide, Kelvion needed a unified CPM solution to consolidate the company’s core financial processes. The company’s goal was to increase flexibility and efficiency within finance in order to gain more in-depth information and analysis of revenue and operating results by business segment. After a thorough evaluation process, OneStream’s proven customer success, expertise and trusted partnership became decisive factors in the company’s decision. Kelvion selected partner OneStream Inplenion to initiate the implementation.
âOneStream has proven to be the best platform to unite our financial processes into a holistic platform for planning, reporting and consolidation,â said Marcus Mayer, Chief Financial Officer of Kelvion. âWe are now able to break away from manual work and data entry issues, allowing the team to spend more time analyzing data and gaining insight for critical decisions and changing business. global business needs. ”
âWe are honored that Kelvion has chosen OneStream as a trusted partner to support its core financial processes,â said Karsten Gimmler, Director of DACH Strategic Accounts at OneStream. âThe capabilities of the OneStream platform proved to the Kelvion team that their data quality and management issues could easily be solved through OneStream’s unified platform, with the ability to scale through OneStream MarketPlace. Now Kelvion can gain greater visibility into its business performance and have confidence in the integrity of its data so it can stay focused on delivering innovative and personalized solutions to its customers.
The name Kelvion represents innovation and tradition in heat transfer and employs approximately 5,000 people worldwide. Kelvion’s roots go back to the 1920s and the company is now an international technology partner to the industry and continues to produce new product solutions, optimized for specific application areas. Kelvion designs, manufactures and markets compact finned heat exchangers, plate heat exchangers, single tube heat exchangers, shell and tube heat exchangers, transformer cooling systems and cooling towers.
The company supplies customers in the global power generation, data center, oil and gas, chemicals and marine, food and beverage, and sugar, heavy industry markets. , transportation, environmental applications, and HVAC and refrigeration technology sectors. Customers in these industries benefit from sustainable and secure solutions and low operating costs, and are supported by a global service network.
For more details on Kelvion, please visit www.kelvion.com
OneStream Software provides an industry-leading intelligent financial platform that reduces the complexity of financial transactions. OneStream unleashes the power of finance by unifying business performance management (CPM) processes such as financial planning, closing and consolidation, reporting and analysis through a single, extensible solution. We give the business financial and operational information to support faster, more informed decision-making. All in a cloud platform designed to constantly evolve and evolve with your organization.
OneStream is an independent software company backed by private investors KKR, D1 Capital Partners, Tiger Global and IGSB. With over 750 customers, 200 implementation partners and over 850 employees, our primary mission is to ensure 100% customer success. To learn more, visit www.onestreamsoftware.com