Overall Satisfaction with OneStream
OneStream (OS) is used for Statutory, Management and Regulatory reporting. For statutory purposes, the need was identified to be able to produce annual financial statements on a consolidation level. OneStream is used to consolidate company data up to a Holdings level. By completing forms in OneStream information is gathered in the system and this is used to produce the disclosures required for statutory reporting.
For Management reporting actual and budget data is available in the system and reports were designed to have a management view.
For Regulatory reporting on the BA100 and BA120, which uses financial data, the regulatory reports had to correspond to the statutory reports. By using OneStream, one source of data is used for reporting, with no discrepancies between for example profit, total assets and total liabilities on the different reports.
For Management reporting actual and budget data is available in the system and reports were designed to have a management view.
For Regulatory reporting on the BA100 and BA120, which uses financial data, the regulatory reports had to correspond to the statutory reports. By using OneStream, one source of data is used for reporting, with no discrepancies between for example profit, total assets and total liabilities on the different reports.
- Roll up of data to a Consolidation level as per structures
- Linking with Excel and the use of GetCell formulas to create your own reports
- Easier drill down functionality, one click to take you to the underlying detail.
- Consolidation within OneStream seems to be a difficult process.
- More structured reporting which led to time saving on month end reporting
Do you think OneStream delivers good value for the price?
Not sure
Are you happy with OneStream's feature set?
Yes
Did OneStream live up to sales and marketing promises?
I wasn't involved with the selection/purchase process
Did implementation of OneStream go as expected?
Yes
Would you buy OneStream again?
Yes