Accelerating Financial Close and Operational Efficiency for Prinova

Accelerating Financial Close and Operational Efficiency for Prinova

Situation

As a leading U.S. importer of nutritional ingredients with 2,000+ products spanning distribution, premix, and contract manufacturing, Prinova faced mounting challenges in their global financial operations. Their consolidation processes relied on manual spreadsheets and disconnected systems across five separate ERP platforms, creating inefficiencies that rippled throughout the organization. The financial close process dragged on, manual intercompany eliminations and reporting delays hampered decision-making, and data security risks grew as acquisitions added complexity to an already fragmented technology landscape. Currency translations and trial balance integrations were handled manually, introducing errors and consuming valuable finance team time that should have been focused on strategic analysis

Our Solution

We partnered with Prinova’s finance and IT teams to reimagine their global consolidation infrastructure from the ground up. Leveraging OneStream’s unified Corporate Performance Management platform, we designed a customized solution that addressed their unique multi-ERP environment and global operational complexity. Our team integrated data from all five ERP systems into OneStream’s centralized consolidation platform, automating previously manual processes like currency translations, intercompany eliminations, and tax entries. We worked side by side with Prinova’s teams to streamline the integration of multiple trial balances and charts of accounts within OneStream, ensuring seamless data flow across the organization. To enhance visibility and decision-making speed, we implemented dynamic, real-time dashboards powered by OneStream that gave leadership immediate access to financial performance metrics. Throughout the implementation, we strengthened data security and governance protocols to protect the integrity of the consolidation process as the company continued to grow.

Stakeholders

Our Clients
  • Prinova Finance Leadership

  • Global Accounting Operations

  • IT Systems Management

Our Solution Team
  • Finance Transformation Consultants

  • OneStream Implementation Specialists

  • Data Strategy Advisors

Achievements

The transformation delivered measurable impact across Prinova’s finance operations.

Improved Profitability
  • Achieved a 20% reduction in financial close process time, freeing finance teams to focus on value-added analysis and strategic initiatives

Employee Satisfaction
  • Realized a 40%+ reduction in errors related to currency translations, intercompany eliminations, and tax entries—eliminating frustration and rework for accounting teams

Operational Excellence
  • Streamlined global operations through OneStream’s seamless integration of multiple ERP systems, creating a single source of truth for financial data and enabling faster, more confident decision-making at every level of the organization

By combining deep finance expertise with OneStream’s powerful platform capabilities, we helped Prinova build a scalable foundation for continued growth and acquisition integration.

  • 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.