Skip to main content
TrustRadius
OneStream

OneStream

Overview

What is OneStream?

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…

Read more
Recent Reviews

OneStream Review

8 out of 10
March 30, 2024
Incentivized
We're in the middle of implementing OneStream for Global Financial Close and Consolidation module as well as Task Manager. We're currently …
Continue reading

The Future of EPM is here!

10 out of 10
March 30, 2024
As a OneStream Diamond Partner, we work with a number of companies who present us with various issues associated with their close or …
Continue reading

OneStream Rocks

10 out of 10
March 30, 2024
OneStream is our financial reporting for the Magnet Wire Northa American Business Unit. Forecasting & Budgeting was time consuming. …
Continue reading

OneStream

10 out of 10
March 30, 2024
OneStream has been a complete game changer for our organization. We were able to move away from very large and complicated excel based …
Continue reading

OneStream Review

10 out of 10
March 29, 2024
OneStream is our global consolidation and budgeting/planning solution. It facilitates a singular environment to enable teams across 50 …
Continue reading

OneStream Review

10 out of 10
March 29, 2024
I have implemented OneStream for many organizations, some small and some large. I have found OneStream to be highly flexible and the …
Continue reading

TrustRadius Insights

OneStream is a versatile software solution that has been utilized by multinational electronics manufacturers, allowing them to streamline …
Continue reading
Read all reviews

Awards

Products that are considered exceptional by their customers based on a variety of criteria win TrustRadius awards. Learn more about the types of TrustRadius awards to make the best purchase decision. More about TrustRadius Awards

Popular Features

View all 46 features
  • Financial data consolidation (44)
    9.5
    95%
  • Financial Statement Reporting (44)
    9.2
    92%
  • Management reporting (44)
    9.1
    91%
  • Management Reporting (44)
    8.9
    89%

Reviewer Pros & Cons

View all pros & cons
Return to navigation

Pricing

View all pricing
N/A
Unavailable

What is OneStream?

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…

Entry-level set up fee?

  • Setup fee required
For the latest information on pricing, visithttps://hubs.li/H0MLW9X0

Offerings

  • Free Trial
  • Free/Freemium Version
  • Premium Consulting/Integration Services

Would you like us to let the vendor know that you want pricing?

52 people also want pricing

Alternatives Pricing

What is Budgyt?

Budgyt is a platform made to simplify business budgeting. With built-in functions designed for data integrity, team collaboration, and scenario planning & analysis, Budgyt is presented as an optimized budgeting experience that rids users of complex, error-prone spreadsheets and the time-consuming…

What is PlanGuru?

PlanGuru is budgeting, forecasting and financial analytics software for SMB's, Nonprofits and the Accountants/ Advisors that work with them.

Return to navigation

Product Demos

OneStream Live Lifetime Deal and Product Tutorial or Demo ( Christmas New year 2023 Special Offer)

YouTube

Live with OneStream

YouTube

OneStream - A New Way To Share Your Content | OneStream Tutorial | OneStream Demo

YouTube

OneStream Studio Updates

YouTube

OneStream Demo

YouTube

OneStream Live Review & Demo: Live Stream Pre-Recorded Videos on 40+ Platforms [AppSumo Deal]

YouTube
Return to navigation

Features

BI Standard Reporting

Standard reporting means pre-built or canned reports available to users without having to create them.

8.6
Avg 8.0

Ad-hoc Reporting

Ad-Hoc Reports are reports built by the user to meet highly specific requirements.

7.6
Avg 8.3

Report Output and Scheduling

Ability to schedule and manager report output.

8.6
Avg 8.2

Data Discovery and Visualization

Data Discovery and Visualization is the analysis of multiple data sources in a search for patterns and outliers and the ability to represent the data visually.

7.7
Avg 7.6

Access Control and Security

Access control means being able to determine who has access to which data.

8.9
Avg 8.7

Mobile Capabilities

Support for mobile devices like smartphones and tablets.

6.7
Avg 8.0

Budgeting, Planning, and Forecasting

These activities are designed to assist with both data-driven operational, short-term planning and strategic long term planning

8.3
Avg 8.3

Consolidation and Close

Consolidation of data from multiple entities with currency management, reporting and audit trails.

8.8
Avg 8.0

Financial Reporting and Compliance

Financial statements and regulatory filings

8.6
Avg 8.2

Analytics and Reporting

Dashboards and scorecards for KPI monitoring and benchmarking

8.6
Avg 8.0

Integration

Ability to integrate with external applications.

9.1
Avg 8.3
Return to navigation

Product Details

What is OneStream?

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 Digital Finance Cloud unifies key financial and operational data and processes, embeds AI for faster and better planning and forecasting, and is extensible so customers can add new utility and achieve more value as their business needs evolve.

OneStream is an independent software company backed by private equity investors KKR, Tidemark, Partners Fund Capital and Alkeon Capital Management. Their operating system for modern Finance digitizes core financial functions to empower the CFO to become a critical driver of business strategy.

OneStream Features

Budgeting, Planning, and Forecasting Features

  • Supported: Long-term financial planning
  • Supported: Financial budgeting
  • Supported: Forecasting
  • Supported: Scenario modeling
  • Supported: Management reporting

Consolidation and Close Features

  • Supported: Financial data consolidation
  • Supported: Journal entries and reports
  • Supported: Multi-currency management
  • Supported: Intercompany Eliminations
  • Supported: Minority Ownership
  • Supported: Local and consolidated reporting
  • Supported: Detailed Audit Trails

Financial Reporting and Compliance Features

  • Supported: Financial Statement Reporting
  • Supported: Management Reporting
  • Supported: Excel-based Reporting
  • Supported: Automated board and financial reporting

Analytics and Reporting Features

  • Supported: Personalized dashboards
  • Supported: Color-coded scorecards
  • Supported: KPIs
  • Supported: Cost and profitability analysis
  • Supported: Key Performance Indicator setting
  • Supported: Benchmarking with external data

Integration Features

  • Supported: Flat file integration
  • Supported: Excel data integration
  • Supported: Direct links to 3rd-party data sources

BI Standard Reporting Features

  • Supported: Pixel Perfect reports
  • Supported: Customizable dashboards
  • Supported: Report Formatting Templates

Ad-hoc Reporting Features

  • Supported: Drill-down analysis
  • Supported: Formatting capabilities
  • Supported: Predictive modeling
  • Supported: Report sharing and collaboration

Report Output and Scheduling Features

  • Supported: Publish to Web
  • Supported: Publish to PDF
  • Supported: Report Versioning
  • Supported: Report Delivery Scheduling

Data Discovery and Visualization Features

  • Supported: Pre-built visualization formats (heatmaps, scatter plots etc.)
  • Supported: Location Analytics / Geographic Visualization
  • Supported: Predictive Analytics
  • Supported: Support for Machine Learning models

Access Control and Security Features

  • Supported: Multi-User Support (named login)
  • Supported: Role-Based Security Model
  • Supported: Multiple Access Permission Levels (Create, Read, Delete)
  • Supported: Report-Level Access Control
  • Supported: Table-Level Access Control (BI-layer)
  • Supported: Field-Level Access Control (BI-layer)
  • Supported: Single Sign-On (SSO)

Mobile Capabilities Features

  • Supported: Responsive Design for Web Access
  • Supported: Dashboard / Report / Visualization Interactivity on Mobile

Additional Features

  • Supported: Account Reconciliations
  • Supported: Disclosure Management
  • Supported: Transaction Matching
  • Supported: People Planning
  • Supported: Capital Planning
  • Supported: Sales Planning
  • Supported: Profitability Analysis

OneStream Screenshots

Screenshot of OneStream DashboardScreenshot of Profitability AnalysisScreenshot of Product and Customer ProfitabilityScreenshot of Account ReconciliationsScreenshot of Cash PlanningScreenshot of Financial SignalingScreenshot of Task ManagementScreenshot of Predictive Analytics

OneStream Video

OneStream Software | Company Overview

OneStream Technical Details

Deployment TypesOn-premise, Software as a Service (SaaS), Cloud, or Web-Based
Operating SystemsWindows
Mobile ApplicationApple iOS, Android, Windows Phone, Blackberry, Mobile Web
Supported CountriesAmericas, EMEA, South Africa, APAC

Frequently Asked Questions

Reviewers rate Flat file integration highest, with a score of 9.7.

The most common users of OneStream are from Enterprises (1,001+ employees).

OneStream Customer Size Distribution

Consumers0%
Small Businesses (1-50 employees)0%
Mid-Size Companies (51-500 employees)0%
Enterprises (more than 500 employees)100%
Return to navigation

Comparisons

View all alternatives
Return to navigation

Reviews and Ratings

(70)

Community Insights

TrustRadius Insights are summaries of user sentiment data from TrustRadius reviews and, when necessary, 3rd-party data sources. Have feedback on this content? Let us know!

OneStream is a versatile software solution that has been utilized by multinational electronics manufacturers, allowing them to streamline their Balance Sheet Accounts Reconciliation Process. With over 1500 users and 50,000 accounts, OneStream has effectively addressed the challenges associated with the previous manual approach, including disintegrated processes, lack of standardization, and a consolidated list of action items. This software also serves as a budgeting and forecasting solution, enabling better tracking of utilization, billing rates, customer work, and financial impact. By loading data weekly and providing clear visualization of time allocation across customers and resources, OneStream facilitates informed decision-making and analysis capabilities for senior management through monthly reports. The software's continuous improvement through regular feature updates sets it apart from competitors in terms of functionality. CEOs and executives find OneStream valuable in gaining a comprehensive understanding of various fields such as accounting, sales, and collections, leading to quicker and more efficient decision-making. Moreover, OneStream's versatility extends beyond finance and accounting departments with its detailed reporting capabilities that cater to operational needs while also offering marketplace solutions for other business problems. With its scalability and ability to handle growth, OneStream proves to be an invaluable tool for companies of varying sizes and industries including manufacturing, oil & gas, healthcare, and retail. By reducing cycle times and serving as a single source of truth for financial planning and people planning, it saves customers time and money on a monthly basis.

Time-saving Account Reconciliation: Several users have found OneStream's Account Reconciliation solution to be a significant time-saver compared to navigating through spreadsheets. They appreciate being able to see an overview of their reconciliations, which allows them to consolidate data from integrated source systems at a detailed transactional level.

Native Dashboarding Capabilities: Users are impressed by the native dashboarding capabilities of OneStream. They are able to replace their standalone BI tool with dashboards within the platform, streamlining their reporting and providing them with great reports and visualizations.

Easy Data Integration: Many users highlight the easy data integration capabilities of OneStream. They find it convenient to import data from simple CSV files to more complex data sources using API, SQL, etc., making it seamless to bring in data from multiple sources.

Confusing User Interface: Some users have found that the user interface of OneStream is not intuitive, resulting in difficulty learning and using the software effectively. The lack of clear navigation or organization within the interface has been a common complaint among users.

Reliance on Microsoft Technology: Several reviewers have expressed frustration with OneStream's reliance on Microsoft technology. They have encountered compatibility issues with different versions of Microsoft products and limitations imposed by specific browsers, which hindered their overall experience with the software.

Lack of Keyboard Shortcuts: Many users have highlighted a significant drawback regarding OneStream's lack of keyboard shortcuts. This absence slows down their workflow considerably as they are unable to quickly execute commands or perform actions through efficient key combinations. Users believe that incorporating keyboard shortcuts would greatly enhance their productivity while using the software.

When considering the desired scope of functionality, users recommend engaging an implementation consultant and contacting peers on the client reference list for further assistance. Users find the software to be a great tool and are proud of their decision to use it. They advise utilizing the available tutorials for additional support and recommend taking the time to thoroughly analyze all aspects of the software. It is also recommended to settle internal discussions before starting the implementation process. Users find OneStream XF targeted towards finance professionals and highlight the importance of exploring the OneStream XF marketplace for additional solutions. The software is described as a fast and reliable platform that provides agility and flexibility for obtaining homogeneous information. Users find OneStream XF to be an incredible tool that can save time for consolidations, financial reporting, planning, and more. To ensure proper setup and organization of the application, it is suggested to use OneStream personnel and service providers during the initial design and implementation.

Attribute Ratings

Reviews

(1-25 of 45)
Companies can't remove reviews or game the system. Here's why
Tim Vierhout | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User
Incentivized
OneStream is well suited to support large organizations with the whole finance function. Ideally, starting with the Actual data but building on that to also include budget, forecast and non-financial information to allow for one single platform containing all data and reports required for the finance function in the organization.
March 30, 2024

OneStream Review

Score 8 out of 10
Vetted Review
Verified User
Incentivized
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.
Score 10 out of 10
Vetted Review
Verified User
OneStream is best suited as a consolidation application, it brings together TBs from multiple companies and consolidates them with ease. Driver based forecasting is another great use for OneStream as it allows the users to get a jump on keying a forecast based on metrics typically used in Excel models.
March 30, 2024

OneStream Rocks

Score 10 out of 10
Vetted Review
Verified User
Work flows and being able to go from excel to a cube view. the different ways you have to pull data. One of our issues were it does notwork well is drill down and digging into the data, but most of that is on us as our GL System was not able to get the detailed data that we wanted.
Score 8 out of 10
Vetted Review
Verified User
It is good for detailed planning based on workflow. Functionality was added to determine raw material purchases, which works well with details we already used to calculate inventories.
Reporting can be very flexible when metadata naming convention is consistent.
Metadata organization is not straightforward, new items are always added at the bottom and can't be sorted.

March 30, 2024

Review of OneStream

Score 10 out of 10
Vetted Review
Verified User
I think it is a great platform and so much can be done starting with the core EPM features like Actuals Budget Forecast and then going on with Machine Learning and even AI where it makes sense. Bi Blend is another area I have used in a previous place that seems to work really well.

March 30, 2024

OneStream

Phillip E. Cole, CPA, CGMA | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User
Absolutely 10 out of 10. Could not be happier.
This program is very complex, so it may not be right for small simple companies, but with the proper setup partners and training this program can make huge improvements to current processes for most companies.
March 29, 2024

OneStream Review

Score 10 out of 10
Vetted Review
Verified User
OneStream is perfectly suited for Global Consolidation and Reporting Requirements.
Where users require the flexibility of both custom reporting through Excel and structured reporting packs built in System where a singular source of the truth is a requirement.
As a tool for consolidating Global Budgeting and Planning Requirements and facilitating a fully fledged Income Statement to Cashflow Forecast with Intercompany activity.

It is probably less appropriate as a standard transactional Operational Forecasting tool but through Machine Learning functions these capabilities can easily be covered.
March 29, 2024

OneStream Review

Score 10 out of 10
Vetted Review
Verified User
Obviously OneStream's sweet spot is Consolidations and Planning.

OneStream is not well suited for transactional data. this data can be reported on with bi blend, but OneStream is not a transactional system and trying to use it in this type of use case is not appropriate
Score 8 out of 10
Vetted Review
Verified User
It is a revolutionary product to have all the financial data analysis tools under one blanket. Earlier the planners and the CFOs had to juggle between various financial analytical systems for the analysis of data for better decision making but now their life has become much easy with all the products packaged under one umbrella.
Score 9 out of 10
Vetted Review
Verified User
OneStream is well suited for any level of consolidated financial reporting, but becomes especially strong when adding forecast/planning reporting and integrating with other reporting and analysis processes that need to be aligned and reconciled with the financial reporting structure. For this reason, OneStream supports a wide variety of processes with varying levels of dimensionality. Due to the ability to share reporting and dimension structures where needed, new processes can be deployed quickly without gaps. And the data seeding between scenarios allows for re-purposing one dataload in as many reporting processes as needed, ensuring that everyone works with the same version of the truth. The growing number of prebuilt, downloadable solutions from the Market Place offer options to customers that allow for deploying of new processes quickly, without customers having to invent the solution on their own.
Brian Frederick, MBA | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User
OneStream is well suited for producing monthly results and consolidations. It has saved our company hundreds of hours since we went live a year ago. I have more confidence in our results than I had with our prior consolidation tool. We can now produce monthly results in minutes vs hours which allows the finance and operations teams more time to analyze results vs pulling the data.
Score 10 out of 10
Vetted Review
Verified User
OneStream has drastically reduced our turnaround time during the month end process. Task manager has kept us on top of each steps within all processes to make sure no steps are missed, and also allows us status updates by viewing completed/open tasks. The reporting capabilities have allowed us to dive deeper into our financial results. Forecasting/budgeting will allow us to more accurately predict our future results using advanced capabilities such as AI and predictive analysis.
Score 8 out of 10
Vetted Review
Verified User
OneStream is very well suited for a large range of scenarios. Besides the regular Consolidation engine, you can use OneStream also for reporting on non-financial data like Environmental, Social, & Governance (ESG). And not only on Actuals, but also on Forecasting and Budgeting. Besides that, you can use OneStream for analysis of the financials (FP&A). The reports from OneStream itself are not that good, but exporting them to Excel or in the near future to PowerBI will solve that issue.
Score 8 out of 10
Vetted Review
Verified User
Auto Reconciliation Features are very well integrated and ready to use, it's like a plugin and start using the same. High-level reporting with millions of rows is not that great and OneStream has some limitations.
Score 9 out of 10
Vetted Review
Verified User
Incentivized
OneStream is well suited for larger companies who are looking for a platform not only for consolidations but also for a other reporting purposes, for instance, planning, esg, etcetera. As it is a platform with wide range of possibilities, this has also implications on the support. Therefore it is better suited for companies who can ensure they have access to sufficient support, internal or external. For simple reporting OneStream may be to heavy of a package.
March 15, 2024

OneStream Wonders

Score 7 out of 10
Vetted Review
Verified User
Incentivized
well suited OneStream can pull the multiple dimension data in a single click. we can segregate the data with U1-U8. We can get more info while drilling down the data Improvements. Need improvements on the quick view pagination issues. Also some limited lines to extract the data. cubeviews are static not dynamics.
Score 9 out of 10
Vetted Review
Verified User
Incentivized
OneStream is working very well with large volumes of data, and this improved by version 8 even further. With complex hierarchies or cross sections, I think OneStream is at its best.

For smaller companies, I think OneStream is probably a bit overkill and overwhelming. Also dashboards are nice, but not as beautiful as PowerBI.
Score 10 out of 10
Vetted Review
Verified User
Incentivized
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.
Score 8 out of 10
Vetted Review
Verified User
Using data connectors, we have loaded massive transactional data of Subledgers like AR, AP, Inventory, PPV etc., and built a detailed analysis of risk assessment dashboards for Controllers/ RFDs to take appropriate actions. These dashboards are fully automatic without any manual intervention from users. Yes, you heard it correctly, fully automatic.

Moreover, with single license clients can use multiple applications like FS close, matching modules as plug and play with minimal configurations.
Score 10 out of 10
Vetted Review
Verified User
All the clients that I worked for are happy with OneStream, and really using the product. With OneStream it is possible to really digitalize the total Financial Office with one source of the truth. No more discussion about data, its about analyzing not about creating data. Looking forward to integrating ESG within OneStream.
Return to navigation