Valeo Foods OneStream XF Success Story

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  • Create Date February 20, 2021
  • Last Updated February 20, 2021

Valeo Foods OneStream XF Success Story

Valeo Foods Group had grown significantly through acquisitions, yet was still using Excel® for its monthly close and consolidation process. All the local operating entities reported their data from different source systems in Excel sheets. These sheets were then emailed to the Group Finance team to collate both management and statutory information in Excel. This included consolidations for foreign currency translations, which was becoming more difficult as the group expanded into new geographies with different reporting currencies.