OneStream vs. SAP Profitability and Performance Management

OneStream is best suited for medium to large companies that find themselves doing a wide variety of manual processes during their financial close cycle will get the most benefit. That does mean a lot of change so there has to be very intentional communication around change management in order to get the buy in that is necessary for success.

Incentivized

SAP Profitability and Performance is well suited in an organization/scenario where it aims to grow their profitability and optimize their business performance. It will offer strong financial analytics that are applicable in modern organizations and it will assure improved performance and enable purposeful marketing of your goods/services at prevailing profitable rate.

Incentivized

• With OneStream’s Account Reconciliation solution, the finance team can now see an overview of their reconciliations which saved a significant amount of time as compared to navigating through spreadsheets.
• OneStream allows much detailed transactional level data (with millions of transactions) from integrated source systems to be consolidated right up to the highest level with drill-down capabilities providing a detailed audit trail as well as full transparency across the organizational hierarchy. This was the biggest benefit as to why OneStream was the preferred choice.
• The native dashboarding capabilities allowed the company to replace their standalone BI tool with dashboards within OneStream.
• Analytical blend capabilities provided risk management and risk governance capabilities which before this was not possible for the customer.

• Data enrichment (complex joins, lookups, and derivations).
• Complex allocations and calculations.
• Operates at a very high speed without disrupting the host HANA environment.
• Connectivity to BW HANA and BPC.

Incentivized

• Dashboards are very useful to business users, but can be time consuming to build.
• Best practice documentation, the product is evolving and is relatively new (about 10 years old) so best practices are still be developed and communicated to the OneStream community.
• New product feature documentation and examples.

Incentivized

• We were forced to train some of our staff a bit as they faced various hurdles before getting familiar with the platform and using it efficiently.

Incentivized

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.

Incentivized

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.

Incentivized

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.

Incentivized

We did get excellent support from SAP during our implementation project. We will see about the SAP support over the long term.

Incentivized

OneStream is a much more powerful solution for us. Both products claim they can "do it all" but the OneStream XF Marketplace allows us limitless possibilities for what we can do - at a fraction of the implementation cost.

• 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.

• Helps us make sound decisions that positively impact our future.
• Has simplified our financial planning process in our organization.
• Our portfolio has doubled and grown immensely.

Incentivized