How OneStream can solve your Consolidation and Foreasting needs
March 30, 2024

How OneStream can solve your Consolidation and Foreasting needs

John Sylenius | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User

Overall Satisfaction with OneStream

We use OneStream every day, from helping out with our forecasting and planning to solving everyday problems both internally and for several of our clients. As we are a OneStream partner, we also advice our clients in how to best use OneStream for all planning and consolidation needs, as well as help them implement OneStream in their organization.
  • Consolidation
  • AI driven Time series forecasting
  • Planning and budgeting
  • Createing a simple "out-of-the-box" consolidation kit for smaller businesses
  • Simplifying report building with standard reports
  • Increase scalability
  • Speeds up group consolidation by days every month, increasing controllers ability to focus on more important task
  • Combined licensinng for consolidation and buget/forecasting in one tool, saving on licenses
  • Simplified the overall budgeting process
Compared to some of the options we researched, OneStream is a much more modern product in the way it combines the different capabilities of intense calculations, highly customizable dashboards, great narrative reporting as well as the much loved Excel plug-in capability. We selected OneStream due the its all-in-one packaging at a reasonable price per license.

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

To me, it is the best planning, forecasting and consolidation tool on the market for large and medium enterprises. For smaller, less complex entites, implementation can be daunting.

OneStream Feature Ratings

Long-term financial planning
10
Financial budgeting
10
Forecasting
10
Scenario modeling
9
Management reporting
9
Financial data consolidation
8
Journal entries and reports
9
Multi-currency management
9
Intercompany Eliminations
7
Minority Ownership
10
Local and consolidated reporting
10
Detailed Audit Trails
10
Financial Statement Reporting
9
Management Reporting
10
Excel-based Reporting
10
Automated board and financial reporting
8
Personalized dashboards
9
Color-coded scorecards
6
KPIs
8
Cost and profitability analysis
8
Key Performance Indicator setting
9
Benchmarking with external data
9
Flat file integration
10
Excel data integration
9
Direct links to 3rd-party data sources
9
Customizable dashboards
8
Report Formatting Templates
8
Drill-down analysis
10
Formatting capabilities
9
Report sharing and collaboration
10
Publish to PDF
10
Report Versioning
9
Report Delivery Scheduling
10
Pre-built visualization formats (heatmaps, scatter plots etc.)
9
Location Analytics / Geographic Visualization
9
Predictive Analytics
10
Multi-User Support (named login)
10
Role-Based Security Model
10
Multiple Access Permission Levels (Create, Read, Delete)
10
Report-Level Access Control
10
Single Sign-On (SSO)
8
Responsive Design for Web Access
6
Dashboard / Report / Visualization Interactivity on Mobile
7