Very capable out of the box
December 30, 2021

Very capable out of the box

Nawal Saraf | TrustRadius Reviewer
Score 8 out of 10
Vetted Review
Verified User

Overall Satisfaction with OneStream

OneStream is being used in our finance and accounting department. We use it for consolidations, forecasting, budgeting, allocations, and people planning. We also have rolled account reconciliations out to about half the organization. We intend to keep adding on the solutions that make sense for our team. It has the capability of detailed reporting that may be of interest operationally as well. Administrators load data weekly into the system and it allows our end users to visualize how their time is being applied across customers and resources. Monthly reports are issued to senior management.

Pros

  • Easy data integration with multiple data sources.
  • Same user experience throughout the platform.
  • The ability to add on to the platform is very good. The platform is designed so that a company can use it as a central source of information. The only limitation to creating new pieces of the platform by a developer is time.

Cons

  • Better audit features on activities within the workflow.
  • Would love if it functioned more like Excel (seeing calculations/formulas/inputting/short keys)
  • Transaction matching is a newer feature and has room for growth
  • Transaction matching
  • Reconciliations
  • Month-end closing activities certifications
  • Time saving
  • Increase in efficiency
  • Cost cutting
  • OneStream

Do you think OneStream delivers good value for the price?

Yes

Are you happy with OneStream's feature set?

No

Did OneStream live up to sales and marketing promises?

No

Did implementation of OneStream go as expected?

Yes

Would you buy OneStream again?

No

Financial reporting, consolidations, inter-company transaction matching, account reconciliations, budgeting and forecasting, long-range planning, analytics are all out of the box. In addition, you can do many things with the OneStream XF platform. People Planning allows you a granular approach to headcount planning. Thing Planning allows you to plan things like inventory, CapEx, and other major expenditures.

OneStream Feature Ratings

8.0
Long-term financial planning
7
Financial budgeting
10
Forecasting
8
Scenario modeling
5
Management reporting
10
7.6
Financial data consolidation
7
Journal entries and reports
10
Multi-currency management
8
Intercompany Eliminations
5
Minority Ownership
7
Local and consolidated reporting
10
Detailed Audit Trails
6
7.0
Financial Statement Reporting
9
Management Reporting
8
Excel-based Reporting
4
Automated board and financial reporting
7
6.0
Personalized dashboards
6
Color-coded scorecards
4
KPIs
8
Cost and profitability analysis
6
Key Performance Indicator setting
7
Benchmarking with external data
5
7.7
Flat file integration
8
Excel data integration
6
Direct links to 3rd-party data sources
9
6.3
Pixel Perfect reports
6
Customizable dashboards
9
Report Formatting Templates
4
5.7
Drill-down analysis
5
Formatting capabilities
8
Report sharing and collaboration
4
4.5
Publish to Web
2
Publish to PDF
6
Report Versioning
4
Report Delivery Scheduling
6
6.7
Pre-built visualization formats (heatmaps, scatter plots etc.)
9
Location Analytics / Geographic Visualization
7
Predictive Analytics
4
8.0
Multi-User Support (named login)
9
Role-Based Security Model
7
Multiple Access Permission Levels (Create, Read, Delete)
6
Single Sign-On (SSO)
10
Mobile Capabilities ()
Not Rated

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