OneStream

OneStream is a revolutionary, intelligent finance platform designed to modernize and unify Corporate Performance Management (CPM) for sophisticated, large-scale enterprises. It replaces a patchwork of legacy applications with a single, extensible solution, empowering organizations to simplify complex financial processes, from consolidation and planning to reporting and advanced analytics. By embedding Artificial Intelligence and Machine Learning capabilities at its core, OneStream transforms the office of the CFO from a reactive reporting function into a proactive, strategic business partner, capable of delivering predictive insights and driving agile decision-making across the entire organization.

The platform is built on the principle of providing one unified data model for all financial and operational data, ensuring a single version of the truth. This eliminates the data integration and validation challenges that plague traditional, siloed systems. OneStream's unique Extensible Dimensionality® allows businesses to manage data at both the corporate level for standardized reporting and at the business unit level for detailed operational planning, all within the same application.

How to use OneStream

As an enterprise-grade platform, implementing OneStream is a strategic project rather than a simple software installation. The typical user journey involves several key stages:

1. Discovery and Consultation: Prospective clients engage with OneStream's experts or certified partners to conduct a thorough needs analysis. This involves identifying pain points with current systems and defining the desired future state for financial operations.
2. Solution Demonstration: OneStream provides a tailored demonstration of the platform, showcasing how it can address the specific challenges and requirements of the organization, such as multi-currency consolidation, driver-based planning, or regulatory reporting.
3. Implementation and Configuration: Upon agreement, a dedicated implementation team works to configure the OneStream platform. This includes integrating with source systems (like SAP, Oracle, NetSuite), building the financial models, defining workflows, and designing reports and dashboards.
4. User Training and Adoption: Finance teams, from controllers to FP&A analysts, receive comprehensive training to ensure they can effectively leverage the platform for their day-to-day tasks and strategic initiatives.
5. Go-Live and Continuous Improvement: Once live, organizations use OneStream for critical processes like the period-end close, budget cycles, and management reporting. The platform's flexibility allows for continuous enhancement and the addition of new capabilities from the OneStream Marketplace as business needs evolve.

Core Features of OneStream

• Unified Platform for CPM 2.0: Combines financial consolidation, reporting, planning, budgeting, forecasting, and analysis in one application. This eliminates the need for multiple products and complex integrations.
• AI-Powered Predictive Analytics: Leverages built-in machine learning capabilities to generate predictive forecasts, identify business trends, and perform anomaly detection, enabling more forward-looking financial guidance.
• Financial Consolidation and Close: Automates and streamlines the entire financial close process, from data loading and validation to intercompany eliminations, currency translations, and final reporting, ensuring speed and accuracy.
• Extensible Dimensionality®: A unique architectural feature that allows for corporate-level standardization while providing operational and business-unit-level detail and flexibility without compromise.
• Financial Data Quality Management: Provides robust tools to govern and validate financial data from any source system, ensuring trust and confidence in all reports and analyses.
• OneStream Marketplace: An online solution exchange offering over 50 downloadable and configurable solutions to extend the platform's value, including tools for account reconciliations, tax provisioning, capital planning, and ESG reporting.
• Interactive Dashboards and Reporting: Delivers powerful, self-service reporting and visualization tools, allowing users to create everything from standard financial statements to interactive, drill-down dashboards for deep analysis.

Use Cases for OneStream

OneStream is versatile and can be applied across the entire spectrum of financial management:

• Global Financial Consolidation: A multinational corporation with dozens of legal entities using different ERP systems can use OneStream to automate its global consolidation process, cutting its close cycle from weeks to days.
• Strategic and Operational Planning: An organization can move beyond static annual budgets to create dynamic, driver-based rolling forecasts, allowing for more agile resource allocation in response to market changes.
• Integrated Business Planning (IBP): Companies can align financial plans with sales and operations plans (S&OP) by bringing all data into the unified OneStream platform, creating a truly integrated view of the business.
• Profitability and Cost Analysis: A manufacturing company can use OneStream to perform detailed analysis of product and customer profitability, allocating costs accurately to gain insights into true performance drivers.
• ESG and Sustainability Reporting: With increasing regulatory demands, companies can leverage OneStream to collect, manage, and report on Environmental, Social, and Governance (ESG) metrics with the same rigor as financial data.

Advantages of OneStream

The key advantages of adopting the OneStream platform include:

• Reduced Total Cost of Ownership (TCO): By replacing multiple legacy systems (e.g., for consolidation, planning, reporting), organizations significantly reduce licensing, maintenance, and integration costs.
• Improved Agility and Speed: Automating manual processes and unifying data allows finance teams to close the books faster and re-forecast more quickly, providing leadership with timely insights.
• Enhanced Data Integrity: A single, governed source of data eliminates reconciliation issues and ensures that all stakeholders are making decisions based on the same, trusted information.
• Increased Strategic Value: Frees finance professionals from low-value data wrangling, allowing them to focus on high-value analysis, scenario modeling, and strategic business partnership.
• Future-Proof and Scalable: The platform is designed to grow with the business, easily handling increased data volumes, new business units, acquisitions, and evolving reporting requirements.

Pricing and Plans

OneStream's pricing is tailored to the specific needs of each enterprise customer. As a comprehensive, enterprise-grade platform, there are no standard, publicly listed pricing tiers. The final investment is determined by a variety of factors, including:

• The number of users and user types.
• The specific solutions deployed (e.g., financial close, planning, marketplace solutions).
• The complexity of the organizational structure and data integration requirements.
• The choice of deployment (Cloud or On-Premise).

To receive a detailed price quote, organizations are encouraged to contact the OneStream sales team directly to schedule a consultation and a personalized demonstration of the platform.