Case Study: Nilfisk achieves faster financial close and streamlined reporting with OneStream Software

Nilfisk - Customer Case Study

Nilfisk, a Denmark‑based global supplier of professional cleaning equipment with operations in dozens of countries, became a standalone company after a 2017 demerger and needed a modern CPM solution. Their legacy Oracle HFM lacked reporting dimensions, required constant custom fixes, and couldn’t provide the cost clarity or scalability needed across 12 business units and 60 functions, so they sought a cloud‑based, future‑proof platform.

Nilfisk implemented OneStream with SFS Consulting and a small internal team, moving to the cloud, automating scheduled consolidations, simplifying data inputs, and adding new reporting dimensions and dashboards. The result was faster, higher‑quality reporting and close processes — consolidations are roughly twice as fast than before, a full month close on day five, full‑year budget consolidation in three minutes and YTD calculations in 18 minutes — plus rapid upgrades and a finance‑owned CPM platform.

Nilfisk

Dennis Jensen

Senior EPM Specialist, Group Finance