Costco Wholesale Corporation OneStream Case Study

This case study details the implementation of the OneStream Intelligent Finance platform at Costco Wholesale Corporation. The document outlines Costco's transition from an outdated financial management system to a unified software platform aimed at enhancing financial reporting, budgeting, and consolidation processes. The initiative was driven by the need to streamline operations and reduce manual work, which previously involved complex Excel-based reporting and multiple ERP systems. The implementation, carried out in partnership with Finit Solutions, focused on simplifying the budgeting process for warehouse managers and improving access to financial data. As a result, Costco achieved significant efficiencies, reallocating 25% of full-time employee time to value-added activities and reducing the time required for cash flow reporting. The case study emphasizes the benefits of having a single source of truth for financial data, which has improved communication and operational effectiveness across the organization.