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OneStream

OneStream

Overview

What is OneStream?

OneStream Software provides a finance platform that aims to reduce the complexity of financial operations. OneStream™ supports finance by unifying corporate performance management (CPM) processes such as planning, financial close & consolidation, reporting, and analytics through a single, extensible solution.…

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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 …
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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 …
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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. …
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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 …
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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 …
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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 …
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TrustRadius Insights

OneStream is a versatile software solution that has been utilized by multinational electronics manufacturers, allowing them to streamline …
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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)
    9.0
    90%

Reviewer Pros & Cons

View all pros & cons
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Pricing

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N/A
Unavailable

What is OneStream?

OneStream Software provides a finance platform that aims to reduce the complexity of financial operations. OneStream™ supports finance by unifying corporate performance management (CPM) processes such as planning, financial close & consolidation, reporting, and analytics through a single,…

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

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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

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OneStream Studio Updates

YouTube

OneStream Demo

YouTube

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

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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.

8.7
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.

8.9
Avg 8.0

Financial Reporting and Compliance

Financial statements and regulatory filings

8.7
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
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Product Details

What is OneStream?

OneStream Software provides a finance platform that aims to reduce the complexity of financial operations. OneStream™ supports finance by unifying corporate performance management (CPM) processes such as planning, financial close & consolidation, reporting, and analytics through a single, extensible solution. The vendor states their goal is to empower the enterprise with financial and operational insights to support faster and more informed decision-making. It is a cloud platform designed to continually evolve and scale with the user's organization.

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 Mid-sized Companies (51-1,000 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%
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Comparisons

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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

(1-3 of 3)
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Score 10 out of 10
Vetted Review
Verified User
Incentivized
Companies recognize their old way of manually consolidating financial data or manually preparing forecasts just isn't efficient. We help them free up time so their employees can work on higher value add items instead of trying to figure out how Excel broke the model. This leads to accountants doing analysis rather than checking for formulas that have hard-keyed amounts or broken cell references.
  • Consolidates complex entity hierarchies
  • Calculates forecasts with many drivers
  • Some improvements on documentation would be helpful.
  • The ability to use keyboard shortcuts is severely lacking.
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.
  • Flexibility
  • Built-in features that allow companies to replace multiple systems with a single platform.
Budgeting, Planning, and Forecasting (5)
96%
9.6
Long-term financial planning
100%
10.0
Financial budgeting
100%
10.0
Forecasting
100%
10.0
Scenario modeling
100%
10.0
Management reporting
80%
8.0
Consolidation and Close (7)
98.57142857142858%
9.9
Financial data consolidation
100%
10.0
Journal entries and reports
100%
10.0
Multi-currency management
100%
10.0
Intercompany Eliminations
100%
10.0
Minority Ownership
90%
9.0
Local and consolidated reporting
100%
10.0
Detailed Audit Trails
100%
10.0
Financial Reporting and Compliance (4)
87.5%
8.8
Financial Statement Reporting
90%
9.0
Management Reporting
90%
9.0
Excel-based Reporting
90%
9.0
Automated board and financial reporting
80%
8.0
Analytics and Reporting (6)
90%
9.0
Personalized dashboards
90%
9.0
Color-coded scorecards
90%
9.0
KPIs
90%
9.0
Cost and profitability analysis
90%
9.0
Key Performance Indicator setting
100%
10.0
Benchmarking with external data
80%
8.0
Integration (3)
96.66666666666666%
9.7
Flat file integration
100%
10.0
Excel data integration
90%
9.0
Direct links to 3rd-party data sources
100%
10.0
BI Standard Reporting (3)
93.33333333333334%
9.3
Pixel Perfect reports
100%
10.0
Customizable dashboards
90%
9.0
Report Formatting Templates
90%
9.0
Ad-hoc Reporting (3)
100%
10.0
Drill-down analysis
100%
10.0
Formatting capabilities
100%
10.0
Report sharing and collaboration
100%
10.0
Report Output and Scheduling (3)
76.66666666666667%
7.7
Publish to PDF
100%
10.0
Report Versioning
60%
6.0
Report Delivery Scheduling
70%
7.0
Data Discovery and Visualization (3)
56.66666666666667%
5.7
Pre-built visualization formats (heatmaps, scatter plots etc.)
50%
5.0
Location Analytics / Geographic Visualization
60%
6.0
Predictive Analytics
60%
6.0
Access Control and Security (5)
80%
8.0
Multi-User Support (named login)
100%
10.0
Role-Based Security Model
100%
10.0
Multiple Access Permission Levels (Create, Read, Delete)
100%
10.0
Report-Level Access Control
N/A
N/A
Single Sign-On (SSO)
100%
10.0
Mobile Capabilities (1)
30%
3.0
Dashboard / Report / Visualization Interactivity on Mobile
30%
3.0
  • This product can quickly create efficiency and optimization.
  • Allows users to focus on analysis instead of working through a checklist every month.
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.
Score 10 out of 10
Vetted Review
Verified User
I have helped implement OneStream with many customers who may use it for consolidation, budget & forecasting, sales planning, people planning and much more. OneStream has all the answers for any clients need and is super user friendly. It saves the customer time and money each month with its versatility and flexibility!
  • Budgeting & Forecasting
  • Reporting
  • People Planning
  • Consolidations
  • There are some functions that could be added to help with reporting with collapsibility options per row and not just the whole report
  • Better examples of common codes and XFBR strings
  • Customer support communication could be a little better
I have yet to come across a scenario where OneStream wasn't the answer. From Consolidations to speciality planning, OneStream pretty much has the answer for any customers need in the marketplace!
  • Flexbility
  • Reliability
  • User Friendly
Budgeting, Planning, and Forecasting (5)
88%
8.8
Long-term financial planning
90%
9.0
Financial budgeting
90%
9.0
Forecasting
90%
9.0
Scenario modeling
80%
8.0
Management reporting
90%
9.0
Consolidation and Close (7)
97.14285714285714%
9.7
Financial data consolidation
100%
10.0
Journal entries and reports
100%
10.0
Multi-currency management
100%
10.0
Intercompany Eliminations
90%
9.0
Minority Ownership
90%
9.0
Local and consolidated reporting
100%
10.0
Detailed Audit Trails
100%
10.0
Financial Reporting and Compliance (4)
95%
9.5
Financial Statement Reporting
100%
10.0
Management Reporting
100%
10.0
Excel-based Reporting
90%
9.0
Automated board and financial reporting
90%
9.0
Analytics and Reporting (6)
70%
7.0
Personalized dashboards
90%
9.0
Color-coded scorecards
N/A
N/A
KPIs
90%
9.0
Cost and profitability analysis
80%
8.0
Key Performance Indicator setting
80%
8.0
Benchmarking with external data
80%
8.0
Integration (3)
96.66666666666666%
9.7
Flat file integration
100%
10.0
Excel data integration
100%
10.0
Direct links to 3rd-party data sources
90%
9.0
BI Standard Reporting (3)
N/A
N/A
Pixel Perfect reports
N/A
N/A
Customizable dashboards
N/A
N/A
Report Formatting Templates
N/A
N/A
Ad-hoc Reporting (3)
90%
9.0
Drill-down analysis
90%
9.0
Formatting capabilities
90%
9.0
Report sharing and collaboration
90%
9.0
Report Output and Scheduling (4)
N/A
N/A
Publish to Web
N/A
N/A
Publish to PDF
N/A
N/A
Report Versioning
N/A
N/A
Report Delivery Scheduling
N/A
N/A
Data Discovery and Visualization (3)
N/A
N/A
Pre-built visualization formats (heatmaps, scatter plots etc.)
N/A
N/A
Location Analytics / Geographic Visualization
N/A
N/A
Predictive Analytics
N/A
N/A
Access Control and Security (4)
92.5%
9.3
Multi-User Support (named login)
90%
9.0
Role-Based Security Model
90%
9.0
Multiple Access Permission Levels (Create, Read, Delete)
90%
9.0
Single Sign-On (SSO)
100%
10.0
Mobile Capabilities (2)
80%
8.0
Responsive Design for Web Access
80%
8.0
Dashboard / Report / Visualization Interactivity on Mobile
80%
8.0
  • Reduced closing times
  • More time for budgeting/forecasting and increase in accuracy
  • Automation of monthly items
Jennifer Harris | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User
Incentivized
The OneStream team are amazing to work with and solve so many problems that most other CPM systems have! OneStream provides a single source of truth for users and takes the headaches out of so many aspects of financial planning, people planning and more. Many of our customers are able to reduce their cycle times by exponential amounts.
  • budgeting
  • financial consolidation
  • reporting
  • operational analytics
  • dashboarding
  • pricing
  • integrations
  • communication
No matter which industry, OneStream can help your company in a variety of ways. Whether it's through budgeting and reporting, analytics, account reconciliation, people planning, or much more, OneStream is able to bridge the gap that most other CPM systems have and reduce cycle times exponentially. OneStream is a single source of truth.
  • analytics
  • budgeting
  • financial consolidation
  • reporting
Budgeting, Planning, and Forecasting (5)
80%
8.0
Long-term financial planning
100%
10.0
Financial budgeting
100%
10.0
Forecasting
100%
10.0
Scenario modeling
N/A
N/A
Management reporting
100%
10.0
Consolidation and Close (7)
42.857142857142854%
4.3
Financial data consolidation
100%
10.0
Journal entries and reports
100%
10.0
Multi-currency management
100%
10.0
Intercompany Eliminations
N/A
N/A
Minority Ownership
N/A
N/A
Local and consolidated reporting
N/A
N/A
Detailed Audit Trails
N/A
N/A
Financial Reporting and Compliance (4)
75%
7.5
Financial Statement Reporting
100%
10.0
Management Reporting
100%
10.0
Excel-based Reporting
N/A
N/A
Automated board and financial reporting
100%
10.0
Analytics and Reporting (6)
N/A
N/A
Personalized dashboards
N/A
N/A
Color-coded scorecards
N/A
N/A
KPIs
N/A
N/A
Cost and profitability analysis
N/A
N/A
Key Performance Indicator setting
N/A
N/A
Benchmarking with external data
N/A
N/A
Integration (3)
N/A
N/A
Flat file integration
N/A
N/A
Excel data integration
N/A
N/A
Direct links to 3rd-party data sources
N/A
N/A
BI Standard Reporting (3)
N/A
N/A
Pixel Perfect reports
N/A
N/A
Customizable dashboards
N/A
N/A
Report Formatting Templates
N/A
N/A
Ad-hoc Reporting (3)
93.33333333333334%
9.3
Drill-down analysis
100%
10.0
Formatting capabilities
80%
8.0
Report sharing and collaboration
100%
10.0
Report Output and Scheduling (4)
100%
10.0
Publish to Web
100%
10.0
Publish to PDF
100%
10.0
Report Versioning
100%
10.0
Report Delivery Scheduling
100%
10.0
Data Discovery and Visualization (3)
73.33333333333333%
7.3
Pre-built visualization formats (heatmaps, scatter plots etc.)
60%
6.0
Location Analytics / Geographic Visualization
60%
6.0
Predictive Analytics
100%
10.0
Access Control and Security (4)
100%
10.0
Multi-User Support (named login)
100%
10.0
Role-Based Security Model
100%
10.0
Multiple Access Permission Levels (Create, Read, Delete)
100%
10.0
Single Sign-On (SSO)
100%
10.0
Mobile Capabilities (2)
100%
10.0
Responsive Design for Web Access
100%
10.0
Dashboard / Report / Visualization Interactivity on Mobile
100%
10.0
  • reduced cycle times
  • reducing unnecessary iterations
  • more accurate forecasting
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