Case Study: The Carlyle Group achieves faster financial consolidation and real-time budgeting with OneStream Software

The Carlyle Group - Customer Case Study

The Carlyle Group, a global alternative asset manager with $195 billion AUM and more than 1,600 professionals, faced a fragmented and costly financial close, reporting and planning landscape. They were running an outdated HFM incompatible with Windows 10, an unsupported planning system (Business Objects), and a single‑user HR budgeting process reliant on Excel, resulting in manual reconciliations, version‑control issues and rising support costs.

Carlyle implemented OneStream with implementation partner Finit Solutions to replace HFM, planning systems and legacy HR tools, connecting directly to PeopleSoft and adopting the OneStream People Planning marketplace solution. The unified platform simplified their IT landscape and automated processes, cutting consolidation time by over 50%, shrinking budget updates from a week to 5–10 minutes, reducing headcount and allocation updates to minutes, and delivering a projected 36% ROI over five years.

The Carlyle Group

Ryan Wild

VP, Global Technology & Solutions