OneStream Reviews and Ratings

Rating: 9 out of 10

Score

9 out of 10

Community insights

TrustRadius Insights for OneStream are summaries of user sentiment data from TrustRadius reviews and, when necessary, third party data sources.

Pros

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.

Reviews

48 Reviews

Real use cases of OneStream at fortune 500

Rating: 9 out of 10

Incentivized

June 25, 2025

Use Cases and Deployment Scope

At my organization OneStream is a essential part of taking financial business decisions. Onestream help us to financial consolidations and plannings. It's help us for reporting purpose as well records and data quality purpose. Onstream help in our organization to take budgeting decisions and forecasting the future plans related financial topics. Onstream helps for Taxation and related transactions. It has great dashboard for analytics financial flows.

Pros

Financial Planning & Analytics.
Financial Data Quality.
Standardize workflow process.
Reporting

Cons

Mobility Capability for use in mobile or other smaller devices.
Due to the standardization initially hard to implement.
Documentation and Training material is very wast and wide.
Costly for smaller companies.

Likelihood to Recommend

While talking with recommendation to colleagues it's good to share the some thoughts which is beneficially to share idea which I like from OneStream and related with other topics. To be a specifically It's very nice dashboard which is help to understand the issue and flows at one place. Talking with integrations so it's supported to connect with multiple systems. It's support with different ERP tools which may be my colleague using different tools for different purpose.

Dipak Ugale

System Integration Consultant in Engineering at JLL (10,001+ employees)

Vetted Review

5 years of experience

View profile

Robust tool for financial reporting planning and performance management

Rating: 10 out of 10

Incentivized

June 21, 2025

Use Cases and Deployment Scope

We use OneStream to consolidate financial reporting and performance management with our subsidiaries from all over the world. We were previously using a legacy application and wanted to replace it with a cloud-based solution that offers easy administration, user management, and reporting features. We use OneStream within our entire organization.

Pros

Financial Reporting
Performance Management
Financial Planning

Cons

Smoother Upgrade process and roll out for users

Likelihood to Recommend

OneStream is well-suited for organizations that require a single platform for their financial operations - reporting, planning, reporting, audits, etc., regardless of size.

Verified User

Director in Information Technology (201-500 employees)

Vetted Review

3 years of experience

OneStream Replaced Excel Budgets.

Rating: 8 out of 10

Incentivized

June 18, 2025

Use Cases and Deployment Scope

OneStream is our only financial budgeting and forecasting tool. It replaced a spiderweb of spreadsheets that we used to use for budgeting and forecasting, and has streamlined the process for the business leaders responsible. We are currently migrating to its new "SAIF" functionality as well, to provide us with an AI forecast.

Pros

Workflow Management.
Organization of Data.
Ease of Use for back-end administrators.

Cons

Reporting or Dashboarding.
Unique Terminology - Hard Learning Curve.

Likelihood to Recommend

OneStream is, I believe, best in class for Budgeting and Forecasting. Users appreciate the structured approach of inputting their numbers and/or reviewing AI suggestions and then signing off on their workflows. Administrators appreciate being able to oversee a large organization's processes from one seat, especially during Budgeting Season and the Forecast Process.

Verified User

Manager in Finance and Accounting (1001-5000 employees)

Vetted Review

5 years of experience

Onestream from the perspective of a consultant

Rating: 10 out of 10

Incentivized

March 31, 2024

Use Cases and Deployment Scope

We are an Onestream implementation partner. At our customers, we implement OneStream for streamlining monthly closes, planning, forecasting, and reporting. We are very happy with OneStream as it provides the platform for us to support our customers optimally. OneStream is a fast, reliable, proven, and flexible platform that allows for an optimal configuration for each of our customers.

Pros

Consolidation
Planning
Forecasting
Budgetting
Workflows
Calculations
Reporting

Cons

Web interface
Power BI integration
Power point integration

Likelihood to Recommend

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.

Tim Vierhout

Principal solution architect in Finance and Accounting at cpmview (11-50 employees)

Vetted Review

4 years of experience

View profile

OneStream Review

Rating: 8 out of 10

Incentivized

March 30, 2024

Use Cases and Deployment Scope

We're in the middle of implementing OneStream for Global Financial Close and Consolidation module as well as Task Manager. We're currently consolidating in Excel and OneStream should be able to help us to do this in the system. Next phase would include People Planning and Budgeting/Forecasting. We're still evaluating whether Account Reconciliations is something we would implement.

Pros

Consolidation
Workflows
Good structure for activities done by the end users

Cons

Easy to pick up simple task of navigating around
The application seems a bit more technical for business users
Great structure within the system that's done by using the workflows.

Likelihood to Recommend

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.

Verified User

Director in Finance and Accounting (1001-5000 employees)

Vetted Review

Statutory, Management and Regulatory reporting

Rating: 7 out of 10

March 30, 2024

Use Cases and Deployment Scope

OneStream (OS) is used for Statutory, Management and Regulatory reporting. For statutory purposes, the need was identified to be able to produce annual financial statements on a consolidation level. OneStream is used to consolidate company data up to a Holdings level. By completing forms in OneStream information is gathered in the system and this is used to produce the disclosures required for statutory reporting.

For Management reporting actual and budget data is available in the system and reports were designed to have a management view.

For Regulatory reporting on the BA100 and BA120, which uses financial data, the regulatory reports had to correspond to the statutory reports. By using OneStream, one source of data is used for reporting, with no discrepancies between for example profit, total assets and total liabilities on the different reports.

Pros

Roll up of data to a Consolidation level as per structures
Linking with Excel and the use of GetCell formulas to create your own reports

Cons

Easier drill down functionality, one click to take you to the underlying detail.
Consolidation within OneStream seems to be a difficult process.

Likelihood to Recommend

OneStream is well suited for statutory reporting purposes. For Management reporting users tend to require more detailed information. User acceptance of the system is very important

Maret Oosthuizen

Senior Project Financial Manager in Finance and Accounting at Sasfin (501-1000 employees)

Vetted Review

4 years of experience

View profile

How OneStream can solve your Consolidation and Foreasting needs

Rating: 10 out of 10

Incentivized

March 30, 2024

Use Cases and Deployment Scope

We use OneStream every day, from helping out with our forecasting and planning to solving everyday problems both internally and for several of our clients. As we are a OneStream partner, we also advice our clients in how to best use OneStream for all planning and consolidation needs, as well as help them implement OneStream in their organization.

Pros

Consolidation
AI driven Time series forecasting
Planning and budgeting

Cons

Createing a simple "out-of-the-box" consolidation kit for smaller businesses
Simplifying report building with standard reports
Increase scalability

Likelihood to Recommend

To me, it is the best planning, forecasting and consolidation tool on the market for large and medium enterprises. For smaller, less complex entites, implementation can be daunting.

John Sylenius

Principal Architect in Finance and Accounting at inlumi (201-500 employees)

Vetted Review

5 years of experience

The Future of EPM is here!

Rating: 10 out of 10

March 30, 2024

Use Cases and Deployment Scope

As a OneStream Diamond Partner, we work with a number of companies who present us with various issues associated with their close or forecast cycles. OneStream gives us the tools to be able to tailor an application and resolve these issues, in some cases expediting their close cycles by automating manual tasks such as a cash flow, consolidation, inter-company, and currency translation.

Pros

Consolidation
People Planning
Budgeting and Forecasting

Cons

Large data analytics
Debug feature for VB.net
Error Logging

Likelihood to Recommend

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.

Verified User

Consultant (51-200 employees)

Vetted Review

4 years of experience

OneStream Rocks

Rating: 10 out of 10

March 30, 2024

Use Cases and Deployment Scope

OneStream is our financial reporting for the Magnet Wire Northa American Business Unit. Forecasting & Budgeting was time consuming. OneStream helped with this streamline.

Pros

workflows
security
account reconciliations.
loading actuals
parcel post - automatic sending of data

Cons

more specific training videos
easier instructions on implementing an application
Excel XfSet and XfGet

Likelihood to Recommend

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.

Kim Reasoner

Financial Planning Manager in Finance and Accounting at Essex Furukawa Magnet Wire USA LLC (1001-5000 employees)

Vetted Review

4 years of experience

View profile

OneStream made planning and reporting efficient

Rating: 8 out of 10

March 30, 2024

Use Cases and Deployment Scope

OneStream is used for

- Consolidation of 8 international subsidiaries, based on SAP R/3 local data.

- Monthly detailed financial forecast based S&OP plan data and other transactional data extracted from SAP BW, the forecast calculations include profit and loss details on entity level with IC revenue, raw material cost updates and balance sheet calculations with specific details for working capital and other inputs.

Use case of the forecast is to track results versus target and previous forecast.

- Reporting set was build for management reviews, which can be quickly generated by changing variables.

Pros

Workflows to have step by step processes
Import data from different sources with validation of metadata and extensive transformation rules
Consistently calculate all variables
Freedom to define cost drivers with member formulas

Cons

Deploying of market place solutions is cumbersome and often requires external support.
Calculation of a planning scenario can take quite some time depending on the data structure.
Version upgrades require preparation and resources.

Likelihood to Recommend

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.

Verified User

Employee in Finance and Accounting (501-1000 employees)

Vetted Review

3 years of experience

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Reviews and Ratings

OneStream made planning and reporting efficient

Rating: 8 out of 10

March 30, 2024

Use Cases and Deployment Scope

OneStream is used for

- Consolidation of 8 international subsidiaries, based on SAP R/3 local data.

Use case of the forecast is to track results versus target and previous forecast.

- Reporting set was build for management reviews, which can be quickly generated by changing variables.

Pros

Workflows to have step by step processes
Import data from different sources with validation of metadata and extensive transformation rules
Consistently calculate all variables
Freedom to define cost drivers with member formulas

Cons

Deploying of market place solutions is cumbersome and often requires external support.
Calculation of a planning scenario can take quite some time depending on the data structure.
Version upgrades require preparation and resources.

Likelihood to Recommend

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.

Verified User

Employee in Finance and Accounting (501-1000 employees)

Vetted Review

3 years of experience