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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)
    8.9
    89%

Reviewer Pros & Cons

View all pros & cons
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Pricing

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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)

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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 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%
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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

(1-25 of 39)
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Tim Vierhout | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User
Incentivized
For me, the choice for OneStream is due to the amount that can be configured and pre-configured which allows us to create standard and reusable content. This speeds up our service delivery.
March 30, 2024

OneStream Review

Score 8 out of 10
Vetted Review
Verified User
Incentivized
OneStream is much more robust, has functionality around creating financial statements in Common Currency which other systems we used could not handle. OneStream has a really good structure around it. We believe it's a much better fit for a Global company of our size. We're just scratching a surface of what the system capabilities are.
Score 10 out of 10
Vetted Review
Verified User
Incentivized
Compared to some of the options we researched, OneStream is a much more modern product in the way it combines the different capabilities of intense calculations, highly customizable dashboards, great narrative reporting as well as the much loved Excel plug-in capability. We selected OneStream due the its all-in-one packaging at a reasonable price per license.
Score 10 out of 10
Vetted Review
Verified User
The performance gains with OneStream alone are a reason to switch from Oracle, but the versatility of the application is the icing on the cake. Versatility is added by the additional dimensions, the customizable dashboards where you can plan for Revenue and Expenses, People Planning costs, Account Reconciliations and Cloud Administration.
March 30, 2024

OneStream Rocks

Score 10 out of 10
Vetted Review
Verified User
OneStream gave me my life back. Working in outdated Essbase for closing the books & Forecasting it would take us 10-12 days working 12 - 16 hour days. 2020 we went to OneStream. I have not worked a weekend since, closing and forecasting went to 5-7 days working 8-9 hours a day. I now have a life after work
Score 8 out of 10
Vetted Review
Verified User
IBM Analytics seemed quite competitive. OneStream was selected because it has the consolidation and planning functionalities in the same cube. Overall cost for implementation and use were lower.
Lucanet and Anaplan seemed to have less flexibility to adapt the planning functionalities to our use.
Our selection was made in 2020.
March 30, 2024

Review of OneStream

Score 10 out of 10
Vetted Review
Verified User
OneStream had a lot more capabilities as an all rounder tool that could leverage Actuals, forecast planning plus the other features like Tax and Transaction matching. OneStream also offer a Marketplace where a lot of bolt on modules are available for free with only some configuration cost to incorporate. The benefit then is a future proof and versatile platform that can be used for a range of teams needs.
Michel Sabourin | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User
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
March 29, 2024

OneStream Review

Score 10 out of 10
Vetted Review
Verified User
OneStream offers a comprehensive toolset to facilitate most modeling requirements. Our primary focus for selecting onestream was to facilitate a fast, robust and fully auditable consolidation tool that would meet our growing business requirements. OneStream has delivered on all fronts and has facilitated a complete reporting solution across Dashboarding, Management Packs and Excel analysis.

As an audit trail we are able to provide a complete end to end view for both auditors and end users of calculated and imported data in the system linked all the way back to our source ledgers.

As a growth business it was critical that we had a tool that would scale up with the business without creating a system or performance burden.
Score 9 out of 10
Vetted Review
Verified User
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 multiple topics.
As reporting and planning processes always need to reconcile to the reported results in consolidated reporting, and to make this happen the structures used in related reporting processes always need to replicate the financial reporting structures, being able to combine all of this in one platform and still being able to customize to your own company needs provides a tremendously powerful solution. The ability to also integrate financial close functionality extends the value of the platform, and new process development is fast and offers more and more options that could previously only be achieved by purchasing separate software solutions.
Score 10 out of 10
Vetted Review
Verified User
  • SAP BPC (Business Planning and Consolidation)
OneStream single unified platform capabilities are outstanding. The flexibility around OneStream has allowed us to mold OneStream into our business model, whereas, I felt SAP forced us into their model. As an analyst, the reporting capabilities are my bread and butter and they are outstanding. It allows for automating recurring reporting tasks and being able to schedule delivery. Not all reporting is recurring though, and the ad hoc capabilities have been wonderful to work with as well.
Score 9 out of 10
Vetted Review
Verified User
Incentivized
  • SAP BPC (Business Planning and Consolidation) and Oracle Hyperion Enterprise Performance Management
OneStream is still being further developed and improved. Their marketplace provides some nice pre-built solutions. These are not as common with competitors. OneStream has a helpdesk that customers can reach out to instead of going through a middle man like consultants or implementation partners. The OneStream support could be improved on some areas though, but nonetheless at least there is support you can reach out to. There cases that tickets lead to bug fixes, that shows that the support does take issues reported by customers seriously.
March 15, 2024

OneStream Wonders

Score 7 out of 10
Vetted Review
Verified User
Incentivized
  • SAP BPC (Business Planning and Consolidation)
OneStream is quite updated comparing with BPC. It has instant updates and it has more features like quick view, cubeview, dashboards, BI, Task scheduler. It's good for businesses to use it with a wide range of options to make their business decisions in short times. OneStream has some backdrop but still good to use as of now. OneStream will be a future application in all companies.
Score 9 out of 10
Vetted Review
Verified User
Incentivized
  • Oracle Hyperion (discontinued)
I think HFM is very good at consolidation as well, but it is less flexible, not a platform, not as modern (look-and-feel), not as fast. In my opinion, OneStream stands out in the platform thinking. You have one licence which you can use for consolidation, tax, FP&A and even ESG or Pillar 2. No need for extra tooling or extra licences.
Score 10 out of 10
Vetted Review
Verified User
Incentivized
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
Incentivized
Hyperion HFM was a previous market leader in the EPM space but the OneStream FX platofrm far surpasses its offerings from Dashboarding, Workflow, Planning and forecasting all in one platform which under Hyperion was bundled in separate modules.
Score 9 out of 10
Vetted Review
Verified User
HFM was running out of service. That is why we started the tender. OneStream was eventually selected due to the user-friendliness, flexibility, the integrated platform concept and features are in some areas more advanced than other tools. OneStream was preferred by the stakeholders in 3 different sessions (admin demo, user demo, user hands-on workshop).
Mark Van Blommestein | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User
To sum it up, OneStream is like the Oracle Hyperion suite having a baby and feeding it steroids. It is leagues ahead.

OneStream is a one stop shop with one licence needed. There is no need to buy a licence for each product used like Hyperion.

New features are continually added to OneStream. Something that is lacking in Hyperion.
September 27, 2022

OneStream

Siva Mudhigolam | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User
  • SAP BPC (Business Planning and Consolidation)
Compared to others it is very reasonable for cost and having lot of features and also we can use it for both planning and consolidation
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