Penske Corporation is a closely-held, diversified, on-highway, transportation services company whose subsidiaries operate in a variety of industry segments, including retail automotive, truck leasing, transportation logistics and professional motorsports.
Penske Corporation replaced complex, manual workflows in SAP BPC with OneStream, cutting consolidation logic from 4,000 lines to 300 and accelerating processing speed by 6x.
Penske Corporation–a global leader in transportation services and car dealership operations–relied on SAP BPC to manage financial consolidations. Over time, the system struggled to meet the needs of a growing enterprise:
The finance team needed a more efficient, scalable solution that would reduce manual effort and improve reporting accuracy.
Penske partnered with SandPoint Consulting to implement OneStream as a modern, unified consolidation and reporting platform.
Key steps included:
SandPoint’s hands-on approach ensured a smooth transition, combining technical expertise with deep finance and accounting knowledge.
The move to OneStream transformed Penske’s finance operations:
Penske now has a scalable, efficient platform that supports global operations and positions their finance team for long-term success.
Penske cut down consolidation logic from 4,000 lines in BPC to 300 lines in OneStream–accelerating processing speed by 6x and streamlining global reporting.
Davey Tree partnered with SandPoint Consulting to modernize its month-end accounting process with BlackLine. Within the first quarter, the team saw measurable improvements including 15% reconciliation automation, time savings, and real-time SAP integration—bringing lasting efficiency and stronger internal controls.
Penske Corporation, a $25B automotive leader, modernized its global consolidation process by transitioning from SAP BPC to OneStream with SandPoint Consulting. Burdened by manual data loading and over 4,000 lines of complex consolidation logic, Penske sought a streamlined, scalable platform. The new solution centralized actuals, forecasts, and planning data, automated NetSuite integrations, and reduced consolidation logic to just 300 lines. The result: faster, more accurate reporting, improved auditability, and a 6x increase in processing speed.
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