IBM Cognos Analytics vs. OneStream

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
IBM Cognos Analytics
Score 8.2 out of 10
N/A
IBM Cognos is a full-featured business intelligence suite by IBM, designed for larger deployments. It comprises Query Studio, Reporting Studio, Analysis Studio and Event Studio, and Cognos Administration along with tools for Microsoft Office integration, full-text search, and dashboards.
$10
per month per user
OneStream
Score 8.4 out of 10
Enterprise companies (1,001+ employees)
OneStream is an enterprise finance platform that unifies financial and operational data, embeds AI for better decisions and productivity, and can extend to meet the evolving needs of businesses without adding technical debt. Presented as an operating system for modern Finance, it unifies core financial functions and empowering the CFO to become a critical driver of business strategy, innovation, and growth. It is a cloud-based platform that modernizes the Office of the CFO. The…N/A
Pricing
IBM Cognos AnalyticsOneStream
Editions & Modules
On Demand - Standard
$10.00
per month per user
On Demand - Premium
$40.00
per month per user
No answers on this topic
Offerings
Pricing Offerings
IBM Cognos AnalyticsOneStream
Free Trial
YesNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
YesYes
Entry-level Setup FeeOptionalRequired
Additional DetailsThe solution is only for Enterprises. Pricing for software is based on number of total users and one user gets all software functionality. Implementation would be based on what business problem or problems the solution will be used to solve, such as financial consolidation and reporting or planning or account reconciliations, etc.
More Pricing Information
Community Pulse
IBM Cognos AnalyticsOneStream
Considered Both Products
IBM Cognos Analytics

No answer on this topic

OneStream
Chose OneStream
OneStream is the only one that seamlessly integrates close/consolidation with budget and planning in one tool. It integrates easily with ERPs and supports full financial statement AND management reporting
Chose OneStream
OneStream combines functionality that is normally spread over multiple solutions with other vendors, and provides an integration that previously could only be achieved via complicated technical structures to integrate and combine solutions for actual reporting and planning on …
Top Pros
Top Cons
Features
IBM Cognos AnalyticsOneStream
BI Standard Reporting
Comparison of BI Standard Reporting features of Product A and Product B
IBM Cognos Analytics
7.9
101 Ratings
3% below category average
OneStream
8.6
31 Ratings
8% above category average
Pixel Perfect reports8.592 Ratings8.025 Ratings
Customizable dashboards7.799 Ratings8.831 Ratings
Report Formatting Templates7.496 Ratings9.029 Ratings
Ad-hoc Reporting
Comparison of Ad-hoc Reporting features of Product A and Product B
IBM Cognos Analytics
8.1
103 Ratings
0% above category average
OneStream
7.4
41 Ratings
11% below category average
Drill-down analysis8.0101 Ratings6.939 Ratings
Formatting capabilities8.1102 Ratings7.540 Ratings
Integration with R or other statistical packages7.871 Ratings00 Ratings
Report sharing and collaboration8.499 Ratings7.838 Ratings
Report Output and Scheduling
Comparison of Report Output and Scheduling features of Product A and Product B
IBM Cognos Analytics
8.3
103 Ratings
0% below category average
OneStream
8.6
37 Ratings
5% above category average
Publish to Web8.327 Ratings8.923 Ratings
Publish to PDF8.697 Ratings9.236 Ratings
Report Versioning8.626 Ratings8.131 Ratings
Report Delivery Scheduling7.9100 Ratings8.136 Ratings
Delivery to Remote Servers8.112 Ratings00 Ratings
Data Discovery and Visualization
Comparison of Data Discovery and Visualization features of Product A and Product B
IBM Cognos Analytics
8.1
93 Ratings
1% above category average
OneStream
7.6
33 Ratings
0% above category average
Pre-built visualization formats (heatmaps, scatter plots etc.)8.188 Ratings7.733 Ratings
Location Analytics / Geographic Visualization8.285 Ratings7.733 Ratings
Predictive Analytics8.281 Ratings7.428 Ratings
Pattern Recognition and Data Mining8.020 Ratings00 Ratings
Access Control and Security
Comparison of Access Control and Security features of Product A and Product B
IBM Cognos Analytics
8.3
98 Ratings
3% below category average
OneStream
8.9
41 Ratings
3% above category average
Multi-User Support (named login)8.395 Ratings9.440 Ratings
Role-Based Security Model8.394 Ratings9.241 Ratings
Multiple Access Permission Levels (Create, Read, Delete)8.294 Ratings8.941 Ratings
Report-Level Access Control8.423 Ratings8.517 Ratings
Single Sign-On (SSO)8.376 Ratings8.540 Ratings
Mobile Capabilities
Comparison of Mobile Capabilities features of Product A and Product B
IBM Cognos Analytics
7.3
81 Ratings
9% below category average
OneStream
6.6
18 Ratings
19% below category average
Responsive Design for Web Access7.975 Ratings7.016 Ratings
Mobile Application7.366 Ratings00 Ratings
Dashboard / Report / Visualization Interactivity on Mobile8.272 Ratings6.214 Ratings
Application Program Interfaces (APIs) / Embedding
Comparison of Application Program Interfaces (APIs) / Embedding features of Product A and Product B
IBM Cognos Analytics
7.4
60 Ratings
6% below category average
OneStream
-
Ratings
REST API7.257 Ratings00 Ratings
Javascript API7.556 Ratings00 Ratings
iFrames8.39 Ratings00 Ratings
Java API6.911 Ratings00 Ratings
Themeable User Interface (UI)7.110 Ratings00 Ratings
Customizable Platform (Open Source)7.87 Ratings00 Ratings
Budgeting, Planning, and Forecasting
Comparison of Budgeting, Planning, and Forecasting features of Product A and Product B
IBM Cognos Analytics
-
Ratings
OneStream
8.2
44 Ratings
1% below category average
Long-term financial planning00 Ratings8.240 Ratings
Financial budgeting00 Ratings8.141 Ratings
Forecasting00 Ratings8.139 Ratings
Scenario modeling00 Ratings7.538 Ratings
Management reporting00 Ratings9.144 Ratings
Consolidation and Close
Comparison of Consolidation and Close features of Product A and Product B
IBM Cognos Analytics
-
Ratings
OneStream
8.8
44 Ratings
10% above category average
Financial data consolidation00 Ratings9.544 Ratings
Journal entries and reports00 Ratings8.242 Ratings
Multi-currency management00 Ratings8.341 Ratings
Intercompany Eliminations00 Ratings9.041 Ratings
Minority Ownership00 Ratings8.236 Ratings
Local and consolidated reporting00 Ratings9.343 Ratings
Detailed Audit Trails00 Ratings9.043 Ratings
Financial Reporting and Compliance
Comparison of Financial Reporting and Compliance features of Product A and Product B
IBM Cognos Analytics
-
Ratings
OneStream
8.6
44 Ratings
5% above category average
Financial Statement Reporting00 Ratings9.244 Ratings
Management Reporting00 Ratings8.944 Ratings
Excel-based Reporting00 Ratings7.443 Ratings
Automated board and financial reporting00 Ratings8.340 Ratings
XBRL support for regulatory filing00 Ratings9.11 Ratings
Analytics and Reporting
Comparison of Analytics and Reporting features of Product A and Product B
IBM Cognos Analytics
-
Ratings
OneStream
8.5
40 Ratings
5% above category average
Personalized dashboards00 Ratings9.240 Ratings
Color-coded scorecards00 Ratings8.736 Ratings
KPIs00 Ratings8.737 Ratings
Cost and profitability analysis00 Ratings8.635 Ratings
Key Performance Indicator setting00 Ratings8.534 Ratings
Benchmarking with external data00 Ratings7.529 Ratings
Integration
Comparison of Integration features of Product A and Product B
IBM Cognos Analytics
-
Ratings
OneStream
9.1
43 Ratings
10% above category average
Flat file integration00 Ratings9.643 Ratings
Excel data integration00 Ratings9.143 Ratings
Direct links to 3rd-party data sources00 Ratings8.442 Ratings
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User Ratings
IBM Cognos AnalyticsOneStream
Likelihood to Recommend
8.1
(126 ratings)
9.4
(45 ratings)
Likelihood to Renew
9.6
(27 ratings)
8.6
(5 ratings)
Usability
8.0
(8 ratings)
8.2
(3 ratings)
Availability
8.6
(4 ratings)
-
(0 ratings)
Performance
9.0
(5 ratings)
-
(0 ratings)
Support Rating
10.0
(8 ratings)
7.7
(4 ratings)
In-Person Training
8.7
(4 ratings)
-
(0 ratings)
Online Training
8.0
(4 ratings)
6.4
(1 ratings)
Implementation Rating
7.0
(7 ratings)
-
(0 ratings)
Configurability
8.0
(2 ratings)
-
(0 ratings)
Ease of integration
7.3
(3 ratings)
-
(0 ratings)
Product Scalability
8.3
(3 ratings)
-
(0 ratings)
Vendor post-sale
7.0
(1 ratings)
-
(0 ratings)
Vendor pre-sale
7.0
(1 ratings)
-
(0 ratings)
User Testimonials
IBM Cognos AnalyticsOneStream
Likelihood to Recommend
IBM
Our first and most basic scenario was to automatize the creation and publication/sharing of business reports that used to be created manually by employees throughout our organization. Using Cognos for that first use case worked well. The advanced analytics functionalities we used on the aggregated data were also as expected. However, the user interface is not always intuitive, and there is a steep learning curve, so I would recommend Cognos only to large organizations where there is a need for the most advanced functionalities (AI analysis/prediction).
Read full review
OneStream Software LLC
Financial Planning / Forecasting, People Planning, and Financial Close and Consolidation are well suite while we are still evaluating GL Account Reconciliations and other solutions available via the Solution Exchange. Overall, we believe OneStream is going to allow us to "get out of excel" and perform Global Consolidation in the system
Read full review
Pros
IBM
  • We use the tool for data modeling as it helps in predictive data analysis for complex data, which is very similar to real-life scenarios.
  • Options of customizing & scheduling reports as per our requirements basis.
  • Has mobile application which works seamless.
Read full review
OneStream Software LLC
  • Consolidation of Group Results across 600 Entities
  • Flexibility of Reporting through Dashboard Reporting Suite and Excel Interface
  • Ability to create Bespoke Models for specific requirements. (Ifrs15/16/BC/DC/Payroll, Covenance Reporting, etc.)
  • Singular Cube for One source of the Truth
  • Customisable Maintenance Platform to facilitate high growth strategy
Read full review
Cons
IBM
  • Sometimes there might be performance issues when dealing with large and complex data.
  • Although IBM provides full documentation but sometimes it's difficult to find answers to questions and connect with their customer support.
  • It relies on external tools for data cleaning, transformation and also for some integration tasks. It can also improve on providing wider range of data sources for integration.
Read full review
OneStream Software LLC
  • Journal copy feature would be good to have
  • The Excel Add in is limited to only one application. Would be good to have the ability to pull from say Dev and Prod so side by side comparisons could be done
  • Better interface to handle metadata changes
Read full review
Likelihood to Renew
IBM
For an existing solution, renewing licenses does provide a good return on investment. Additionally, while rolling out scorecards and dashboards with little adhoc capabilities, to end users, cognos is very easily scalable. It also allows to create a solution that has a mix of OLAP and relational data-sources, which is a limitation with other tools. Synchronizing with existing security setup is easy too.
Read full review
OneStream Software LLC
Currently we are using OneStream with people 80 - 100 to load the PL, BS , Forecast budget and People Planning. OneStream give us more visibility on trend and way forward thinking. Thanks to OneStream for the tool which helps the business in growing way. Thinking of innovation OneStream is right path.
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Usability
IBM
We have a strong user base (3500 users) that are highly utilizing this tool. Basic users are able to consume content within the applied security model. We have a set of advanced users that really push the limits of Cognos with Report and Query Studio. These users have created a lot of personal content and stored it in 'My Reports'. Users enjoy this flexibility.
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OneStream Software LLC
Overall usability as an end-user is very easy. There are more people in the system getting information now than the prior platform used. People are gathering their information quicker as well. From an administrator standpoint, there are fewer glitches and issues than the prior platform. This is very good.
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Reliability and Availability
IBM
Reports can typically be viewed through any browser that can access the server, so the availability is ultimately up to what the company utilizing it is comfortable with allowing, though report development tends to be more picky about browsers and settings as mentioned above. It also has an optional iPad app and general mobile browsing support, but dashboards lack the mobile compatibility. What keeps it from getting a higher score is the desktop tools that are vital to the development process. The compatibility with only Windows when the server has a wide range of compatibility can be a real sore point for a company that outfits its employees exclusively with Mac or Linux machines. Of course, if they are planning on outsourcing the development anyways, it's a rather moot point
Read full review
OneStream Software LLC
No answers on this topic
Performance
IBM
Overall no major complaints but it doesn't handle DMR (Dimensionally Modeled for Relational) very well. DMR modelling is a capability that IBM Cognos Framework Manager provides allowing you to specify dimensional information for relational metadata and allows for OLAP-style queries. However, the capability is not very efficient and, for example, if I'm using only 2 columns on a 20-column model, the software is not smart enough to exclude 18 columns and the query side gets progressively larger and larger until it's effectively unusable.
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OneStream Software LLC
No answers on this topic
Support Rating
IBM
Why is their web application not working as fast as you think it should? They never know, and it is always a a bunch of shots in the dark to find out. Trying to download software from them is like trying to find a book at the library before computers were invented.
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OneStream Software LLC
OneStream support is focused on the infrastructure. Which means mainly when there issues with accessing to the system, they will be able to help. When the question is to much leaning towards functional it really becomes billable. The other issue is that the response time is not optimal. There is a lot of pingpong of messages and the time between the message can sometimes be long. Sometimes this result into a simple ticket to be taking days before it is closed.
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In-Person Training
IBM
Onsite training provided by IBM Cognos was effective and as expected. They did not perform training with our data which was a bit difficult for our end-users.
Read full review
OneStream Software LLC
No answers on this topic
Online Training
IBM
The online courses they offer are thorough and presented in such a way that someone who isn't already familiar with the general design methodologies used in this field will be capable of making a good design. The training environments are provided as a fully self contained virtual machine with everything needed already to create the environments. We've had some persisting issues with the environments becoming unavailable, but support has been responsive when these issues arise and straightening them out for us
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OneStream Software LLC
onestream offers a range of training. I have attended a number of trainings. During the trainings a vast amount of information is discussed. The trainings also include exercises. The speed of the training is pretty high. When reviewing the training material afterwards, I found that the material is not complete as reference as it relies also very much on the verbal explanation and elaboration.
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Implementation Rating
IBM
Make sure that any custom tables that you have, are built into your metadata packages. You can still access them via SQL queries in Cognos, but it is much easier to have them as a part of the available metadata packages.
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OneStream Software LLC
No answers on this topic
Alternatives Considered
IBM
In the past Management had used Excel and Workiva capabilities to create the reporting dashboards that were being used to make decisions. Since switching to IBM Cognos Analytics the Company has been much more efficient and decision making has been streamlined. IBM Cognos Analytics was chosen due to its reputation and data visualization capabilities and neither have been wrong.
Read full review
OneStream Software LLC
OneStream is the overall clear winner against HFM. There are a few things HFM does better (a couple things in Smart View), but it just doesn't have as much capability. The single, integrated platform that OneStream is provides a massive upgrade from HFM.
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Scalability
IBM
The Cognos architecture is well suited for scalability. However, the architecture must be designed with scalability in mind from day one of the implementation. We recently upgraded from 10.1 to 10.2.1 and took the opportunity to revamp our architecture. It is now poised for future growth and scalability.
Read full review
OneStream Software LLC
No answers on this topic
Return on Investment
IBM
  • High ROI with well designed solutions. Supported by scalable deployment, robust security model and ability to create valuable content.
  • High ROI where well designed data models can be deployed with a common metadata layer to a variety of users and use cases.
  • High ROI in an environment that includes a variety of vendors and best of breed products within the overall platform
Read full review
OneStream Software LLC
  • Customers have moved from multiple EPM systems as well as multiple EPM applications to OneStream.
  • Their ROI has been quite high as lesser admins are required, no need to move data back & forth, no need for an additional dashboarding / BI tool, once a user is on OneStream can leverage it for more than 50+ use cases at no additional license cost.
  • Automation, direct integration, scheduling, complex calculation capabilities, all help to further improve ROI and free up the time for the team to do value-adding tasks.
  • Last but not the least is the confidence on the numbers is much higher.
Read full review
ScreenShots

OneStream Screenshots

Screenshot of OneStream DashboardScreenshot of Profitability AnalysisScreenshot of Product and Customer ProfitabilityScreenshot of Account ReconciliationsScreenshot of Cash PlanningScreenshot of Financial Signaling