Case Study: Ingeteam achieves streamlined financial consolidation and reporting with OneStream Software

INGETEAM - Customer Case Study

Ingeteam is a global technology company in the energy sector that designs and manufactures power-conversion electronics, rotating electrical machines and integrated systems, operating in 24 countries with more than 4,000 employees. Facing frequent mergers, acquisitions and restructurings, Ingeteam’s legacy Oracle HFM/Essbase solution had become too rigid and complex—its data model contained obsolete dimensions, reporting lacked traceability and scalability, and finance users needed greater autonomy to manage master data and processes.

Working with partner Nova, Ingeteam implemented OneStream to unify data in a single repository, simplify consolidation and automate reporting workflows. The OneStream MarketPlace (Parcel Service) enabled instant generation and distribution of 90-document reporting packages, eliminated many Excel-based processes, reduced consolidation adjustments, standardized forecasting and improved visibility through dashboards—delivering faster close cycles, more accurate, traceable reports and greater finance-team self‑service.

INGETEAM

Aitor Barrondo

Global Accounting, Audit & Controlling Director