Presentatie onestream

2. Introduction Hanno
• 18 years Hunkemöller
• Vendex/KBB – Maxeda
• Hunkemöller sold to PAI and later to Carlyle
• Growth Hunkemöller in various countries like
Sweden, Austria and Spain
• IFRS implementation
• OneStream implementation

3. Introduction Hunkemöller
• Founded in 1886
• Lingerie retailer
• Private equity owned by Carlyle
• Over 800 stores at the moment and expected
further growth the coming years
• Multi channel approach: Own stores, SIS,
Franchise, E-com

4. Agenda
• Why new reporting
platform?
• Selection process
• Why Finext?
• Reporting
• Lessons learned
• Future developments

5. Why new reporting platform?
• No support Oracle
(Hyperion Enterprise)
• Various hick ups
• Acceleration reporting
process
• Expected improvements

6. Selection process
• Unified solution for consolidation, budgetting
&planning
• Modern technology
• Extensible dimensions
• Easy and simple upgrades
• Strong track and trace functionality
• Short communication lines with OneStream in
case of problems

7. Why Finext?
• Experienced
partner
OneStream
• Experienced in
retail and
availability of
OneStream retail
templates
• Availability of
consultants

8. Reporting
• Annual report & Financial Accounting:
– P&L
– Balance sheet
– Cash flow
– Consolidation
– Pre-financials
• Management reporting:
– Countries
– Stores (linked to Tableau)
– Categories
– LFL/IG/EXP/CLO
– Channels

9. Lessons learned
• Decision power in project group
• Eager on (too much) details
• Resources availability
• IT Support
• Short cuts will impact later stages

10. Future developments
• Disclosure
management
• Strategic planning
• Improving budget
process