OneStream Software is an independent US-based CPM software company backed by private equity investors. Headquartered in Birmingham, Michigan, USA, the company has offices in North America, Europe, the UK and APAC with more than 1,200 employees globally.
OneStream was developed with the intention of creating a single platform which enables a unified approach to support all the various CPM processes and information streams in organizations. The platform integrates financial consolidation and close, planning, budgeting and forecasting, reporting, analysis and financial data quality management in one single application. In addition to the platform’s standard functionality, the OneStreamTM MarketPlace provides productivity and business solutions that allow customers to extend the platform with additional capabilities, such as predictive analytics, account reconciliations, transaction matching and specialty planning solutions. All OneStream-developed MarketPlace solutions are fully supported and available free of charge to active customers. OneStream is available for deployment in the Microsoft Azure cloud.
OneStream’s solution is ideally suited to mid-sized to large enterprises across all industries who require a unified, robust and complete CPM solution. The vendor employs a direct sales model alongside its partner network to support customers with implementation services. According to the vendor, more than 1,100 customers currently use OneStream, and the company is in a period of strong growth.
OneStream is a financial consolidation and planning platform with built-in financial data quality functionality that focuses on supporting the full range of corporate performance management processes. The product provides a proprietary in-memory financial analytic engine with built-in financial intelligence (e.g., supporting complex financial consolidations) that uses ROLAP storage in Microsoft SQL Server. Company-wide consolidated financial results statements and plans at subsidiary or group level can be created. In addition, Extensible Dimensionality® provides the ability to extend the account and other dimension structures to support both corporate and line-of-business financial and operational planning and reporting in one single solution.
Fully supported operational planning solutions in the MarketPlace – including workforce, capex, cash, sales and project planning – feed into the financial model. For predictive modeling and advanced analytics, OneStream offers several options including its Predictive Analytics 123 solution with built-in predictive models and forecast methods that can be leveraged within financial and operational planning and forecasting scenarios. Additional AI-enabled MarketPlace solutions such as Sensible Machine Learning (Sensible ML) offer scalable AI purpose-built for finance, operations and data science teams to build, deploy and consume time-series ML models for demand planning and forecasts inside OneStream.
In addition to its financial consolidation and planning capabilities, OneStream also integrates functionality for BI and analytics. For individual, flexible (ad hoc) reporting and analysis, the product includes a reporting studio, spreadsheet interface or Excel add-in. Interactive dashboards can bring key financial and operational metrics together by combining tables, charts, graphs and other visualizations. In addition, Analytic Blend includes a relational column store engine that blends detailed operational data with financial data. Financial analytics, detailed operational analysis or a “blended” view of both can be presented within the same dashboard. For those customers following a Microsoft strategy for analytics, a new OneStream Power BI connector enables Power BI Desktop users to query OneStream data and import it into Power BI for reports and visualizations.
User & Use Cases
58 percent of OneStream users are planning users – significantly below the survey average of 69 percent – reflecting the fact that OneStream is essentially an integrated platform that unifies several CPM processes in one single application. This is also born out in its typical use cases. Customers leverage OneStream mainly for financial planning (81 percent). Here, planning takes place at different aggregation levels. OneStream is used for budgeting (81 percent), forecasting (60 percent) and strategic planning (23 percent). Besides planning, customers mainly use it for ad hoc query (91 percent), standard/enterprise reporting (84 percent), financial consolidation (78 percent) and dashboards/BI applications (63 percent). Many respondents also plan to use it for strategic planning (74 percent), analysis (48 percent) and forecasting (40 percent) in the future.
OneStream targets mid-sized and large companies across all industries. 69 percent of our sample of OneStream customers come from large companies (more than 2,500 employees) with a median of 88 users (including 48 using planning functionality), but the mean of 621 users (265 for planning) indicates there are also several larger implementations.
Current vs. planned use (planning use cases)
N=31
Current vs. planned use (besides planning)
N=32
Total number of users per company
N=32
Planning users per company
N=32
Percentage of employees using OneStream
N=32
Planning users (as a percentage of all users)
N=32
Company size (number of employees)
N=32
Versions used
N=28
Summary of OneStream highlights
With 47 top ranks and 41 leading positions across five different peer groups, OneStream once again achieves an outstanding set of results in this year’s Planning Survey. Convincing ratings in numerous important KPIs help to consolidate its position as a market-leading CPM platform. Companies can benefit from using OneStream in terms of improved software user satisfaction, increased transparency of planning and more precise/detailed planning. Overall, these benefits lead to a better quality of planning results for many customers. 99 percent of OneStream users say they would “definitely” or “probably” recommend their planning product to other organizations – a strong result and a great indicator of customer satisfaction with the vendor and its product.
Forecasting – Top-ranked
Peer group: Global Vendors
Planning Content – Top-ranked
Peer group: Large/Enterprise-Wide Implementations
Recommendation – Top-ranked
Peer group: Global Vendors
Vendor Support – Top-ranked
Peer group: Large/Enterprise-Wide Implementations
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