Customer Success Story:
Morton Salt
Morton Salt, North America’s iconic leader in salt production since 1848, faced major hurdles with their consolidation and account reconciliation processes. Their Excel-based system was clunky, manual, and lacked transparency—far from ideal for a company with 20 production facilities and complex intercompany reporting needs.
The challenge
Consolidation and reconciliation were entirely Excel-based
Manual calculations for different reporting calendars (PE owners and Morton have different year-ends)
Intercompany complexities causing inefficiencies
Need for more accurate and transparent data
The Solution
Morton’s outdated process, which involved consolidating data across two historical business units with multiple Excel workbooks, is now a thing of the past.
With OneStream, they’ve completely streamlined their consolidation and reporting.
Direct integrations with SAP DataSphere and Navision for seamless data flow
OneStream’s unified platform allows Morton to report on two different fiscal calendars (12/31 and 9/30) with just the push of a button
An Intercompany Dashboard provides a centralized hub for all intercompany analysis—no more scattered spreadsheets
Key Wins
Account Reconciliations went live before Consolidation, ensuring quick results
Phase 1: Delivered on-time and 20% under budget
Bilingual functionality and training to support Spanish-speaking teams
Significant reduction in manual processes and greater transparency into their financial close
Morton Salt’s journey from Excel chaos to OneStream efficiency is a story your prospects will want to hear.
OneStream Solutions:
Consolidation
Account Reconciliations
Sales Planning
SG&A Planning (Phase 2)
People Planning (Phase 2)
Cost of Goods Sold (Phase 2)