Case Study: Premium Sound Solutions achieves streamlined global financial consolidation, faster monthly close and automated intercompany eliminations with OneStream Software

Premium Sound Solutions - Customer Case Study

Premium Sound Solutions, a global supplier of automotive and consumer audio with R&D and manufacturing sites worldwide, was constrained by a legacy Oracle HFM system that couldn’t keep pace with its growing footprint. The company needed a modern CPM platform that could consolidate multiple data submissions, streamline data collection, support Euro and US dollar translations, automate intercompany eliminations (including historic currency overrides), provide an audit trail, and do all this without disrupting the monthly close or end users.

Working with Agium EPM, Premium Sound Solutions implemented OneStream in four months, moving from 12 unstructured to 15 structured reporting dimensions. The unified platform delivered powerful ad hoc reporting, automated recalculation and forecasting workflows, dynamic budget opening balances, automated intercompany eliminations, improved FX insight, and self-service dashboards from the OneStream MarketPlace—resulting in faster, more accurate reporting, better analytics for cost and customer centers, and a scalable solution to support future growth.

Premium Sound Solutions

Stijn Goeminne

Chief Financial Officer