OneStream is the next-gen consolidation tool
September 22, 2023
OneStream is the next-gen consolidation tool
Score 9 out of 10
Vetted Review
Verified User
Overall Satisfaction with OneStream
Currently we are using OneStream for Consolidation, FP&A and Tax. For Consolidation we use a separate cube due to the enormous amount of data. Tax is using a part of this data in its own cube and here a lot of calculations and corrections are taking place. FP&A is mainly using the data from Actuals of the Consolidation cube, but in the future they will also forecast in OneStream.
- Consolidate
- Flexibility
- User interface
- Some documentation is out of date
- Ease of use
- 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.
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