“
OneStream helps me to perform a very complicated calculation. Our own manufacturing plants purchase raw material from both internal and external suppliers. Once the products are made, the related finished products would sell to our own distribution entities in US and in Luxembourg before they sell to other Herbalife entities. As such, many of our SKUs have multi-levels of transfer profit in different currencies that became impossible for anyone to perform the calculation of manually. OneStream helps me evaluate internal transfer profit to bring the balance sheet back to the cost level. OneStream has enabled us to easily peel back the layers and eliminate the profit. Each country uploads their balances on day four or five, and we can finish consolidations and flux analysis by day nine.
”
Neal Yeung
| Director of Financial Systems FP&A