Modernizing Enterprise Finance and Reporting on OneStream for General Mills

Modernizing Enterprise Finance and Reporting on OneStream for General Mills

Situation

General Mills’ finance organization ran on an aging Hyperion environment—a 20+ year-old platform burdened with poor user adoption, inefficient maintenance, and time-consuming quarterly updates. The system handled mission-critical reporting obligations, including statutory, SOX, SEC (10Q/10K), and management reporting. Still, processes had migrated outside the platform and were being managed through SharePoint with manual data loads from three separate systems. A report management crisis compounded the problem: 600+ reports had accumulated that were difficult to support, maintain, or enhance. The existing environment couldn’t keep pace with the organization’s complexity, and General Mills needed a modern, unified platform to consolidate its full finance function—from close to planning to regulatory reporting—into a single, trustworthy source of data.

Our Solution

Thought Logic partnered with General Mills’ business, finance, accounting, and digital technology teams to replace five legacy Hyperion instances with OneStream — establishing a modern platform supporting 300+ global users with integrated workflows that eliminated SharePoint workarounds. The engagement began with an Enterprise Data Advisory phase to accelerate roadmap definition and maximize ROI before implementation began. Thought Logic unified all statutory, SOX, and SEC reporting and transformed 600+ legacy reports into maintainable, guided reports within the platform. Direct integrations with Workiva were established to enable automated drill-back to transaction detail, and admin tasks, consolidations, certifications, and reporting were brought into a single comprehensive workflow. Global training and change management were delivered throughout to drive adoption at scale across the organization

Stakeholders

Our Clients
  • Finance and accounting leadership and consolidations teams

  • Business and digital technology leadership

  • Tax statutory and SEC reporting teams

  • FP&A and strategic finance leadership

Our Solution Team
  • OneStream implementation and configuration specialists

  • Financial close and consolidation consultants

  • Enterprise data advisory and integration leads

  • Change management and training consultants

Achievements

The engagement replaced a decades-old Hyperion environment with a single, integrated OneStream platform — giving General Mills one trusted source of data and the reporting infrastructure to support a complex, globally operating finance function.

Platform Modernization
  • Five legacy Hyperion instances replaced with a single OneStream unified data model

  • 300+ global users transitioned to a modern platform with integrated workflows, eliminating SharePoint-based process workarounds.

Reporting Transformation
  • 600+ Legacy Reports transformed into maintainable guided reports within OneStream

  • Unified reporting infrastructure established, cutting administrative overhead and standardizing regional formats across the organization

  • All statutory, SOX, and SEC (10Q/10K) reporting consolidated onto one platform

Data Integration and Connectivity
  • Workiva and OneStream integrated with automated direct connections and drill-back to transaction detail

  • Manual data loads from three separate source systems eliminated via comprehensive process integration

Strategic Acceleration
  • Advisory phase leveraged upfront to accelerate implementation roadmap and maximize ROI before build began

  • Account Reconciliations, Transaction Matching with AI Studio, Task Manager expansion, and Detailed Pension Modeling identified as next-phase priorities

  • This established Atlanta-based financial services company faced a critical strategic challenge as fintech disruptors were rapidly attracting consumers away from traditional banking relationships.

  • This global Fortune 500 consumer packaged goods company was experiencing market share erosion to competitors and struggling with poor visibility into the key performance factors driving their business success.