Plaskolite Case Study

Plaskolite's Planning and Consolidations Success with OneStream Software

Plaskolite OneStream XF Implementation

Plaskolite, headquartered in Columbus, OH, is the leading manufacturer of thermoplastic sheet, delivering acrylic, polycarbonate, ABS, and performance-enhancing coating solutions to customers. Plaskolite’s customized products are used in a wide variety of applications including industrial machinery, point-of-purchase displays, lighting, signage, retrofit applications, construction, transportation, healthcare, bath, and spa.

Planning and Consolidations Challenges

  • Need for a single source of truth for all financial actuals, budgets, metrics, and forecasts
  • Improve monthly close cycle by replacing the current manual processes and large multi-tab Excelworkbook
  • Reduce risk by ensuring proper data integrity controls and audit trails
  • Implement a solution that is easy to use and maintain by Finance staff with minimal internal IT support and flexible platform to support future company growth and acquisitions
  • Streamline Cash Flow Statement generation through automation and easy to update cube views
  • Configure multi-currency functionality to support international operations and acquisitions
  • Initiate driver-based Budgeting and Forecasting platform in OneStream to streamline a detailed process for P&L, including Department level detail, and facilitate Balance Sheet planning

Project Goals

The project was initiated to achieve multiple objectives: create a standardized set of financial reports and dashboards to support both Management and GAAP reporting for internal and external stakeholders; empower business users to create their own reports and dashboards; eliminate the manual manipulation of data in Excel to improve the speed and accuracy of reported results; deliver improved capabilities for budgeting and forecasting that can be expanded over time to include lower levels of detail; reduce manual effort and gain time for more valuable financial analysis.

Project Success

  • Significant reduction in spreadsheets and elimination of manual effort to create/seed data
  • Ease of running additional budget/forecast cycles
  • Consistent data input templates and reports


With the help of MindStream Analytics, Plaskolite selected OneStream XF, a leading solution for corporate performance management. OneStream provides a complete solution, with integrated Consolidation, Financial Reporting, Data Quality, Budgeting, Planning, Forecasting, and Analytics, with a modern, unified platform and extensible dimensionality.

Its unique extensible dimensionality simplifies ongoing application maintenance and data management. It offers the strongest capabilities to improve the monthly close cycle including support for multi-currency, inter-company, and minority interest reporting. It offers flexible and easy-to-use capabilities for planning and forecasting, and OneStream delivers 100% customer success and references.


By migrating to OneStream, Plaskolite has achieved a material reduction in consolidation time and overall Financial Close cycle, eliminated the hours spent compiling and verifying data in Excel, streamlined its Planning, Budgeting and Forecasting model and delivered flexible and timely reporting that enables more strategic analysis of their financial data.

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