Case Study: AFL Telecommunications achieves faster financial closes, 75% quicker reconciliations and $100K annual savings with OneStream Software

AFL Telecommunications - Customer Case Study

AFL is a global manufacturer founded in 1984 that supplies fiber optic cable, hardware and related services across more than 130 countries. Faced with costly, downtime-prone Oracle HFM consolidation and manual, Excel-based budgeting and forecasting, AFL struggled with lost data, heavy IT maintenance and slow planning processes that limited analysis and visibility.

AFL implemented OneStream Cloud for consolidation, budgeting, forecasting, account reconciliations, data collection and cash flow reporting, moving to Azure with no reimplementation required. The platform cut consolidation times roughly eightfold (to 1–4 minutes), preserved a two-day close, put data loading and validation in the hands of business units, moved budgeting out of Excel, sped account reconciliations by 75% and delivered about $100K in annual savings while reducing IT burden and improving data quality and reporting access.

AFL Telecommunications

Pam Brady

Global Financial Business Analyst