Discover how our OneStream implementation services enable your organization to streamline the financial close, report with confidence, and deliver faster, more accurate insights to stakeholders.
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“Our collaboration with HollandParker continues to be a cornerstone of the ongoing growth and innovation within our business operations.”
Marc Sherman
CIO
Pegasus Logistics Group
Pegasus Logistics Group was founded in 1994 and has since dedicated itself to serving clients with excellence, taking care of team members, and making a difference in the community.
Their core values include being fanatically passionate about customer satisfaction, ensuring everybody wins, looking at tomorrow today, maintaining a standard that it’s only for the best, and believing that the difference is fun. These principles guide their approach to providing innovative problem-solving and being great stewards of a client-centric culture.
The company is headquartered in Coppell, Texas, and offers a range of logistics solutions including customized solutions, domestic services, international logistics, and distribution & fulfillment services.
An 11-Step Risk Reduction Tool for CFOs and CAOs Who Aren’t Sure Where to Start
The problem
Pegasus Logistics Group’s “Journey to BI” revealed significant inefficiencies in their existing data management system, a manually intensive mix of Excel and PowerBI. Hindered by infrequent data refresh rates and a lack of integration with core systems like Workday Financials, CargoWise, WorldTrak, and SQL Server, the company struggled with data inconsistencies and missed revenue opportunities. The outdated architecture impeded the creation of a holistic view necessary for timely decision-making and financial agility.
In response, Pegasus sought a modern platform to cleanse their data ecosystem, streamline Master Data Management (MDM), and provide real-time visibility across finance and operations. This transformation was aimed at equipping stakeholders with the tools to identify new revenue streams and drive the business forward, leaving behind the limitations of a once-a-day data refresh bottleneck that had challenged the organization’s scalability and growth.
The Solution
Pegasus Logistics Group (PLG) aimed to harness Incorta as a robust Enterprise Data Platform, capable of delivering insights from vast datasets, featuring millions of records, with remarkable speed and efficiency. Incorta’s high-frequency data loading and swift query response times, often under a second, promised a singular source of truth for PLG’s data needs.
This choice facilitated direct connections to a variety of data sources, including Workday, CargoWise, WorldTrak, and SQL Server, significantly enhancing data volume handling. Incorta streamlined the reporting environment, delivering agility and reducing the time and personnel required for generating new insights, thereby minimizing reliance on manual Excel processing. The platform also ensured a comprehensive view of operations, enabling data drilling and filtering by essential metrics, and offered robust downstream analytics and visualizations through integration with PowerBI.
Pegasus collaborated with HollandParker and Incorta to integrate Incorta and PowerBi, catering to all their financial reporting needs. These included:
Pegasus Logistics Group has realized significant benefits from implementing Incorta, with a key advantage being the elimination of manual ELT/ETL tasks. This advancement has allowed the company to harness the full capabilities of PowerBI for robust reporting and actionable insights. Their data refresh frequency has quadrupled, with updates now occurring four times per day, which bolsters their confidence in data-driven decision-making.
This enhanced data infrastructure supports a comprehensive understanding of customer profitability, providing a 360-degree view that is pivotal in making informed decisions about new contracts or Statements of Work (SOWs). As Pegasus continues to grow, the scalability of the Incorta platform to handle large volumes of data becomes ever more critical, ensuring that Pegasus’s data management infrastructure remains a cornerstone of their business strategy.
With Incorta’s implementation complete, Pegasus’s reporting team has gained proficiency in generating custom reports. Looking forward, Pegasus anticipates leveraging IncortaX’s upcoming AI/ML enhancements to unlock further insights from their unified data. The collaboration with HollandParker continues to be a cornerstone, fostering ongoing growth and innovation within Pegasus’s business operations.
HollandParker, a leading Corporate Performance Management (CPM) consulting firm, specializes in OneStream software implementation. As a Diamond OneStream Partner, they offer top-tier implementation support to Fortune 500 and global enterprise clients. With deep industry experience in oil and gas, HollandParker provides valuable insights and solutions to address sector-specific challenges.
HollandParker’s team of consultants and managers, having diverse backgrounds in accounting, finance, business, and technology, work in close collaboration with clients. They identify inefficiencies and implement technology-enabled solutions to streamline operations, enhance efficiency, and drive growth.
In addition to their expertise in OneStream, HollandParker has also positioned itself as an Incorta partner. This allows them to offer comprehensive solutions that meet their clients’ evolving needs.
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An 11-Step Risk Reduction Tool for CFOs and CAOs Who Aren’t Sure Where to Start
By following this checklist, organizations can systematically approach their finance technology transformation, ensuring that all critical aspects are addressed and that the transition is smooth and successful.
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