Damien Shipyards - Black Diamond | OneStream Solutions

Implementing a Modern and Unified CPM Platform

Damen Shipyards is a multinational shipbuilding group, with more than 12,000 employees and a presence in over 100 countries. With a global focus, Damen delivers more than 175 vessels annually to customers worldwide. A unique differentiator about Damen is that the company produces and keeps ships in stock. But as a result, they have strict agreements regarding the quantity of ships they can build and keep at any given time. Therefore, it is essential that Damen has insights into each location to stay compliant with these standards.

Damen was in the process of rolling out a global IFS ERP system when the finance team realized they needed a better way to oversee the organization. “We recognized that we needed another system on top of our global ERP system to bring all data together and gives the flexibility to oversee data from recently acquired companies,” said Jurriaan Koekebacker, Group Controller at Damen. “We were using SAP BPC for financial consolidation, but the system was ultimately being held together by Excel spreadsheets.” This left the finance team with a disjointed mess of data to manage.

With OneStream, Damen Shipyards has increased the level of maturity of their finance function by unifying consolidation and forecasting. In addition, Damen increased its finance agility and transparency via integrated statutory and project-based reporting using OneStream’s unique data blending function. OneStream blends validated financial data, highly dimensional operational data and detailed transactional data together for comprehensive and controlled visualization. OneStream’s Extensible Dimensionality®️ also enables Damen to integrate actual, forecasting and tax reporting processes within one platform.

Damen has eliminated costs by reducing manual processing and simplifying the Finance-IT landscape. OneStream has helped Damen link strategy to plans and execution, making the company’s goals more attainable than ever.

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SHAUNA GOODSELL

Shauna offers over 17 years of functional and program leadership experience in national and international software implementations. She effectively managed and delivered over 20 complex performance management projects. She ensures client success by being a dedicated partner to the client. She believes successful projects are achieved based on frequent and concise communication, transparency, and discipline. .

Shauna’s Why:

I came to Black Diamond to be part of an “A” rated team. Where the leadership has a clear vision and aggressive strategy for the future and growth.

JASON KARBER

Jason is a Black Diamond practice manager. Over an 18 year career at Koch Industries, he ranged from transactional accounting and ledger ownership to complex consolidation and leadership roles at multiple business divisions and industries. He has reputation for customer focus and driving change. By writing the business case for OneStream and overseeing the replacement of legacy technology, he has coordinated entire organizations digital transformation. His customer spectrum includes finance staff, controllerships, information technology and C-Suite executives.

Jason’s Why:

“Helping people be more more effective with world class technology is very fulfilling.”

MIKE VANNONI

Mike uses his experience to guide clients through transformational OneStream projects. Mike is an energetic, entrepreneurial-minded individual known for his ability to partner, strategize, problem-solve and deliver. His 20 years of related work experience in a variety of industry verticals combined with excellent communication skills, strong business acumen and team approach are the foundation of his success at Black Diamond Advisory.

Mike’s Why:

When you’re finished changing, You’re finished.’ – Benjamin Franklin.

VINCENT VALENTINE

Vincent, Chartered Accountant and Solution Architect, specializes in OneStream encompassing enterprise. He focuses on performance management, consolidation, planning, strategic financial planning & EPM related integrations and architecture. He connects the world of Finance and IT to translate business needs into the methods of technologists. His diligent work ensures successful CPM/EPM implementations. Vincent’s hard work and enthusiasm delivers the highest quality results.

Vincent’s Why:

At Black Diamond, I get to help make our clients efficient. There are things that people do well, and yet others that computers do well. I strive to find the efficient balance.

JOE TOMLIN

Joe offers over 15 years of business and technical experience in financial consolidations and reporting. He identifies business processes requiring improvements from minor enhancements to a complete overhaul. His ability to think outside the box for a better solution delivers success. His expertise in consolidation and account reconciliations transports the client success to life when implementing OneStream.

Joe’s Why:

I came to Black Diamond to become a ‘doer of things that matter’, and to hold myself accountable for our customer’s successes.

MARK GOODMAN

Mark has 20+ years of experience in the EPM space specializing in consolidations working with OneStream, HFM, and FDM/FDMEE. He has a proven track record of blending finance and IT by combining Big Four auditing background with software programming skills. He has end to end experience including leading design sessions, metadata and rules build, mapping/data integration, knowledge transfer, reports build, end-user training, and post-go-live support.

Mark’s Why:

“Get busy living.. or get busy dying.” –Andy Dufresne – Shawshank Redemption

SHERRI SCHAFFROTH

Sherri brings over 20 years’ experience in strategic new business development, marketing, and sales of software and services in the Commercial and Government sectors. She is a Managing Partner of Black Diamond and a former Director of Sales and Marketing, serving several Alliance Partners for IBM, Oracle, and OneStream.

Prior to her Alliance experience, Sherri served on the Corporate Leadership Round Table, was consistently nominated to Elite President’s Club Membership, and was awarded a US Commercial Sales Innovation Award, as a result of accomplishments at SAS, IBM, and Oracle.

Sherri’s Why:

“Surround yourself with people who are smarter than you are.” – Henry Ford

“Seek first to understand.” – Steven Covey

DAMON MITTLEIDER

Damon is one of Black Diamond’s founding partners and leads the Product Development Group. As a technical leader in the CPM community for over 20 years, Damon has designed and architected over 50 complex technical solutions across the world.  He is Black Diamond’s OneStream Marketplace development leader and his innovative solutions on the OneStream platform have had a tremendous impact on finance and the business.

RANDY WERDER

Randy brings over 30 years of business and industry experience to Black Diamond. He is a Co-Founder of Black Diamond. Formerly, Randy was the Managing Director of Alithya’s OneStream Practice. He was one of the original members of Ranzal & Associates where he served in many leadership roles including Southeast Planning & Essbase Leader for delivery and Managing Director of the Advisory Practice. As an implementation thought leader, Randy has guided over 150 global clients in re-engineering their outdated planning processes into industry-leading successful solutions.

Randy’s Why:

If you are not the lead dog, the view never changes.

Common sense is not that common.

CARL YOST

Carl brings more than 25 years of experience in business consulting to help clients transform their financial and business application processes. He is Co-Founder of Black Diamond and former Managing Principal of Grant Thornton’s Technology Solutions Practice. Prior to joining Grant Thornton, he was a partner and co-founder of MarketSphere Consulting, serving many leadership roles including chief operating officer and national industry leader. Having served organizations in multiple industries and varying sizes, Carl’s expertise in finance and operations has led him to develop best practices and thought leadership leveraged across several industries. Prior to founding MarketSphere, Carl was a Partner in the Enterprise Performance Management practice of Arthur Andersen and held senior finance executive positions at Motorola and Wyeth.

Carl’s Why:

Experts Only represent that our firm should be a destination employer – the best OneStream talent in the world will have a family and a home at Black Diamond.

We don’t implement projects; we deliver solution platforms.

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Randy’s Why:
If you are not the lead dog, the view never changes.
Common sense is not that common.

RANDY WERDER

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