OneStream

OneStream Software is an independent US-based CPM software company backed by the private equity investor KKR. The vendor was founded by the people who also created Oracle Hyperion Financial Management and UpStream Software, now known as Oracle Hyperion Financial Data Quality Management (FDM). Currently, OneStream has 12 offices in the US, Europe and APAC regions with more than 750 employees globally.

OneStream was first released in 2011 with the aim of creating a single platform that offered 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 OneStream MarketPlace provides more than 50 productivity and business solutions 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 targets mostly finance and business users in mid-sized and large global organizations across all industries. The vendor employs a direct sales model alongside a comprehensive partner network to support customers with implementation services. According to the vendor, more than 650 customers currently use OneStream.

OneStream is a financial consolidation and planning platform with built-in financial data quality functionality that focuses on supporting the full range of financial performance management. 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 using OneStream. In addition, OneStream invented Extensible Dimensionality®, which 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. Moreover, OneStream provides fully supported operational planning solutions in its MarketPlace. These feed into the financial model including workforce, capex, cash and sales planning. For predictive planning and forecasting, OneStream’s Predictive Analytics 123 solution offers built-in predictive models and forecast methods that can be leveraged within financial and operational planning and forecasting scenarios.

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 spreadsheet interface or Excel add-in. Interactive dashboards can bring key financial and operational metrics together by combining tables, charts, graphs and other visualizations. Furthermore, OneStream offers Analytic Blend, including a new 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.

User & Use Cases

Besides planning, customers mainly use OneStream for standard/enterprise reporting (84 percent), ad hoc query and reporting (84 percent) and financial consolidation (79 percent). 67 percent of respondents plan to use it for advanced analysis in the future. OneStream targets mid-sized to large organizations across all industries. 60 percent of our sample of OneStream customers come from large companies (more than 2,500 employees) with a median of 120 users (including 50 using planning functionality), but the mean of 618 users (242 for planning) indicates there are also several larger implementations. 53 percent of OneStream users are planning users – significantly below the survey average of 66 percent – reflecting the fact that OneStream is essentially an integrated platform that unifies several CPM processes such as financial consolidation, planning, budgeting, reporting, analysis and data quality in one single application.

Current vs. planned use (besides planning)

N=43

Percentage of employees using OneStream

N=43

Planning users (as a percentage of all users)

N=43

Total number of users per company

N=43

Planning users per company

N=43

Company size (number of employees)

N=43

Summary of OneStream highlights

With 58 top ranks and 34 leading positions across four 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 that delivers considerable benefits to its customers. Companies can benefit from using OneStream in terms of improved employee satisfaction, improved integration of strategic and operational planning and improved integration of planning with reporting/ analysis. Overall, these benefits lead for many customers to an increased competitive advantage and a better quality of planning results. A perfect 100 percent of OneStream users say they would definitely or probably recommend their planning product to other organizations – an incredibly high result, which is a great indicator of customer satisfaction with the vendor and its product.

Data Integration - Top ranked

Peer group: Large/Enterprise-Wide Implementations

Forecasting - Top ranked

Peer group: Global Vendors

Planning Functionality - Top ranked

Peer group: Large/Enterprise-Wide Implementations

Recommendation - Top ranked

Peer group: Global Vendors

Reporting/Analysis - Top ranked

Peer group: Global Vendors

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BARC’s Vendor Performance Summary contains an overview of The Planning Survey results based on feedback from OneStream users, accompanied by expert analyst commentary.

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Planning Survey 21 Awards

OneStream

Peer Groups Financial Performance Management Products, Global Vendors, Large/Enterprise-Wide Implementations, Performance Management Specialists
VendorOneStream Software
Number of responses43
ProductOneStream
Offices12 offices worldwide in United States (HQ), Australia, United Kingdom, Germany, Switzerland, France, Netherlands, and Sweden
EmployeesMore than 750
CustomersMore than 700
Revenues (2020)Undisclosed
Websitewww.onestream.com

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Product Video

Screenshots from OneStream

Quotes from the Planning Survey 21

Ease of use, support, low cost of ownership. Simplicity in design. One platform for many use cases, data resides in one application. Good end-user adoption.
Person responsible/Project manager for BI from IT department, manufacturing, more than 2,500 employees
I believe the single best thing about OneStream is that you are able to have everything under one platform. Currently, we are utilizing consolidations, planning, and reconciliations. Further, we are in the process of implementing lease accounting.
Person responsible/Project manager for departmental BI, manufacturing, more than 2,500 employees
They are a fantastic company who created a well integrated platform which is easy to use all the way around and out performs all products I have personally used in the past.
Person responsible/Project manager for departmental BI, manufacturing, 100-2,500 employees
OneStream is definitely the leader in consolidation, FP&A and integration. It's capable of far more than any individual company will likely use.
Consultant, consulting, 100-2,500 employees
OneStream has extreme flexibility. You really are limited only by your imagination and skillset.
Consultant, consulting, 100-2,500 employees