Great Financial Reporting tool
March 26, 2024

Great Financial Reporting tool

Brian Frederick, MBA | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User

Overall Satisfaction with OneStream

We use OneStream for our monthly financial consolidation and reporting. We were able to remove over 20 hours a month from our close process by moving to OneStream. Along with removing hours, we are able to produce better and more accurate results each month.
Along with the Consolidation tool, we implemented the Planning/Forecasting tool. For the first time, the company now has budgets for each department that we can track and report against. This has given us even more insight into our spending.
  • Consolidations
  • Ease of use
  • Reporting
  • Driver based forecasting
  • User Interface
  • Excel Add in
  • 20 hours per month loading data removed
  • Improved financial reporting
  • Improved accuracy
  • One book of record

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 for producing monthly results and consolidations. It has saved our company hundreds of hours since we went live a year ago. I have more confidence in our results than I had with our prior consolidation tool. We can now produce monthly results in minutes vs hours which allows the finance and operations teams more time to analyze results vs pulling the data.

OneStream Feature Ratings

Long-term financial planning
4
Financial budgeting
4
Forecasting
4
Scenario modeling
3
Management reporting
10
Financial data consolidation
10
Journal entries and reports
7
Intercompany Eliminations
10
Minority Ownership
8
Local and consolidated reporting
10
Detailed Audit Trails
8
Financial Statement Reporting
10
Management Reporting
10
Excel-based Reporting
4
Automated board and financial reporting
6
Personalized dashboards
9
Flat file integration
10
Excel data integration
7
Direct links to 3rd-party data sources
8
Drill-down analysis
7
Formatting capabilities
7
Report sharing and collaboration
7
Publish to PDF
8
Report Versioning
5
Report Delivery Scheduling
5
Multi-User Support (named login)
10
Role-Based Security Model
9
Multiple Access Permission Levels (Create, Read, Delete)
8
Report-Level Access Control
9
Single Sign-On (SSO)
10