OneStream, the platform you are looking for
Updated March 27, 2023

OneStream, the platform you are looking for

Gijs van der Veen | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User

Overall Satisfaction with OneStream

We use OneStream as successor of Oracle HFM. First consolidation, later also budgeting and planning. It also succeeds our IFRS 16 leasing solution and will be very important in our ESG reporting soon. The platform principle of OneStream was the unique selling point. The interconnectivity of the tool stood out in comparison to the competition. Where other tools need to synchronize their data between the different parts of the tool, OneStream can access the "shared database". Independent of the cube you're working in.

Pros

  • Consolidation
  • Reporting
  • User friendliness

Cons

  • Dashboarding can be made more easy (more drag and drop)
  • Platform tool
  • Consolidation
  • Modern technology
  • Budgeting, Planning, forecasting
  • Data quality improved
  • Visibility where we stand in month end close improved
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).

Do you think OneStream delivers good value for the price?

Yes

Are you happy with OneStream's feature set?

Yes

Did OneStream live up to sales and marketing promises?

Yes

Did implementation of OneStream go as expected?

Yes

Would you buy OneStream again?

Yes

OneStream is well suited in large size companies where multiple entities, with multiple currencies needs to be consolidated and/or budgeted for. The platform way of working and the connectivity between the different tools on the same platform is key. Budget comparing to actuals is made easy, no syncing between the two solutions is needed.

OneStream Feature Ratings

8.8
Long-term financial planning
9
Financial budgeting
9
Forecasting
9
Scenario modeling
8
Management reporting
9
8.6
Financial data consolidation
10
Journal entries and reports
9
Multi-currency management
9
Intercompany Eliminations
7
Minority Ownership
8
Local and consolidated reporting
8
Detailed Audit Trails
9
8.5
Financial Statement Reporting
9
Management Reporting
9
Excel-based Reporting
9
Automated board and financial reporting
7
8.2
Personalized dashboards
8
Color-coded scorecards
7
KPIs
9
Cost and profitability analysis
9
Key Performance Indicator setting
9
Benchmarking with external data
7
9.0
Flat file integration
10
Excel data integration
9
Direct links to 3rd-party data sources
8
9.0
Pixel Perfect reports
Not Rated
Customizable dashboards
9
Report Formatting Templates
Not Rated
9.0
Drill-down analysis
9
Formatting capabilities
9
Report sharing and collaboration
9
9.0
Publish to Web
Not Rated
Publish to PDF
9
Report Versioning
9
Report Delivery Scheduling
9
7.0
Pre-built visualization formats (heatmaps, scatter plots etc.)
7
Location Analytics / Geographic Visualization
7
Predictive Analytics
Not Rated
9.0
Multi-User Support (named login)
9
Role-Based Security Model
9
Multiple Access Permission Levels (Create, Read, Delete)
9
Single Sign-On (SSO)
9
Not Rated
Responsive Design for Web Access
Not Rated
Dashboard / Report / Visualization Interactivity on Mobile
Not Rated

Comments

More Reviews of OneStream

  1. Home
  2. Corporate Performance Management (CPM) Software
  3. OneStream Reviews
  4. User Review of OneStream