OneSteam is the way to go when it comes to EPM
January 23, 2023

OneSteam is the way to go when it comes to EPM

Mark Van Blommestein | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User

Overall Satisfaction with OneStream

Working in the EPM environment for over 16 years on multiple products, OneStream is by far the best product out there. There are always new features that are added with each new release that go above and beyond what it was originally designed to do. Something that is lacking in it's competitors.

When a customer says, can OneStream do x and y, the answer in most cases is yes.
  • Single product that does multiple tasks. No need to buy multiple products.
  • Great support.
  • Good consolidation engine built in.
  • Extensibility
  • net and C# based. Easy to write a range of simple to complex business rules.
  • Dashboarding
  • PDF reporting
  • Data Integration capable of importing data from simple csv files to importing data from source systems using API/SQL/etc.
  • Dashboarding can be made easier.
  • Latest client and Excel addin is not compatible with previous versions.
  • OneStream has the same cube limitations that exist in other products.
  • Workflows to make it easy for the end user to complete their tasks.
  • Flexible to handle almost anything that is thrown at it.
  • Most of the financial close process is automated so quicker turnaround times.
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.

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 excels in especially well in financial consolidation, budgeting and forecasting. The reporting aids in this being a very good all round product to get ones financials done. It also works well where there is a need to aggregate any data for reporting purposes.

With the free bolt on solutions that are provided in the Market Place, you definitely get good value for money.

OneStream Feature Ratings

Long-term financial planning
10
Financial budgeting
10
Forecasting
10
Scenario modeling
10
Management reporting
9
Financial data consolidation
10
Journal entries and reports
9
Multi-currency management
10
Intercompany Eliminations
10
Minority Ownership
10
Local and consolidated reporting
10
Detailed Audit Trails
9
Financial Statement Reporting
9
Management Reporting
9
Excel-based Reporting
10
Automated board and financial reporting
9
Personalized dashboards
10
Color-coded scorecards
9
KPIs
9
Cost and profitability analysis
9
Key Performance Indicator setting
9
Flat file integration
10
Excel data integration
10
Direct links to 3rd-party data sources
10
Pixel Perfect reports
9
Customizable dashboards
8
Report Formatting Templates
9
Drill-down analysis
10
Formatting capabilities
9
Report sharing and collaboration
9
Publish to PDF
10
Report Delivery Scheduling
8
Pre-built visualization formats (heatmaps, scatter plots etc.)
8
Location Analytics / Geographic Visualization
8
Predictive Analytics
8
Multi-User Support (named login)
10
Role-Based Security Model
10
Multiple Access Permission Levels (Create, Read, Delete)
10
Single Sign-On (SSO)
10
Dashboard / Report / Visualization Interactivity on Mobile
8