Case Study: Kennametal achieves a unified, easy-to-maintain finance platform with OneStream Software

Kennametal - Customer Case Study

Kennametal, a global industrial technology leader with roughly 9,000 employees and nearly $1.9B in FY2020 revenue, faced growing limitations with its 15-year Oracle Hyperion suite. The legacy tools required heavy administration, offered limited vendor investment, and relied on cumbersome Excel uploads for forecasting across a complex matrix organization with users responsible for hundreds of cost centers—leaving administrators little time for value‑added work.

Working with implementation partner GID Solutions, Kennametal replaced HFM/FDM and Hyperion Planning with OneStream in phased deployments, completing planning in four months. Configured dashboards and mass‑upload templates simplified data entry and security‑based consolidations, while admin dashboards centralized close and planning tasks. The result is a single, easier‑to‑maintain platform with integrated consolidation, capital planning and reconciliations, faster upgrades, broader user adoption, improved controls, and new capabilities like long‑term forecasting and scenario bridging.

Kennametal

Karrie Sebring

Manager Financial Systems and Processes