Case Study: Colson Group simplifies budgeting across 15 source systems with Archetype Consulting and OneStream

Colson Group centralizes 15 source systems with Archetype Consulting

Colson Group, a large manufacturer of caster and wheel products, faced a significant challenge in budgeting across its 15 disparate source systems, all managed in Excel. This manual process was time-consuming and made it difficult to consolidate data for accurate financial reporting. They engaged Archetype Consulting to simplify their budgeting for the income statement, balance sheet, and cash flow.

Archetype implemented a OneStream consolidations application to centralize the chart of accounts. The solution included guided workflows for budget entry, review dashboards for analysis, and a custom capital asset module. As a result, Colson Group eliminated its reliance on manual Excel reports and gained profound insight into its financial data, including percent of sales and cash flow. Archetype's implementation provided a process-driven solution that saved time and delivered a significant impact for the organization.

Colson Group