OneStream XF is a unified corporate performance management (CPM) solution suitable for midsize businesses and enterprises across the globe. The multi-application software provides integrated modules for financial consolidation and reporting, budgeting & forecasting, financial data quality and data analysis. OneStream XF helps businesses to increase their business agility and gain meaningful insights for making reformed business decisions.
The OneStream XF Financial Consolidation & Reporting module helps businesses meet their financial reporting requirements in a timely manner. The guided workflow feature enables administrators to design the flow of data and manage audit controls across the organization to ensure accuracy and confidence.
The budgeting, forecasting and reporting module allows for resource planning and budget allocation. Project managers can keep track of all expenses incurred during project execution via a dashboard and compare actual performance against the set targets. The module helps to improve governance with complete transparency on all budget changes. The ‘What-If’ model helps managers to understand different project outcomes based on different sets of assumptions.
The OneStream XF Financial Data Quality module offers guided reporting & analytics tools for business users to deliver timely and accurate information of business changes. Users can drill down the data set into multiple charts, grids and graphs. OneStream XF is a hybrid solution which can be deployed on-premises or hosted in the cloud. OneStream has partnered with Microsoft Azure for its cloud deployment option.
Great and responsive service, with lots of offerings that you can add to increase the ROI (task manager, reconciliations) at no extra cost. They are consistently improving the product, not resting on the fact that they already have an outstanding product.
Great and responsive service, with lots of offerings that you can add to increase the ROI (task manager, reconciliations) at no extra cost. They are consistently improving the product, not resting on the fact that they already have an outstanding product.
Pros I really like how easy the software is to use. The customization options are endless, the organization of formulas on members makes it easy to know why a number is the way it is.
Cons Onestream does a good job of documenting the software, although sometimes the features offered aren’t fully explained, especially in dashboarding. But it’s a small complaint.
The things that we wanted in a consolidation platform is ease of use, a company that takes initiative to update the product, and something that will help with our consolidation/reporting. OneStream solves all these problems and we are very happy with our investment in OneStream.
The things that we wanted in a consolidation platform is ease of use, a company that takes initiative to update the product, and something that will help with our consolidation/reporting. OneStream solves all these problems and we are very happy with our investment in OneStream.
Pros The thing that I like most about the software is that it is very easy to get data out of the system. You can use quickviews, cubeviews, dashboards, books, the options are endless. Once you have these items set up, it takes seconds to produce your monthly financials or inquire on data.
Cons The thing that I liked least about the software was the difficulty of dashboards. I spent a good while trying to figure out an Executive homepage in the older versions. With v5.0 and going forward, it looks like this will be simple from the presentations at Splash.
Fantastic Consolidation Tool With Plenty More To Offer
Used daily for 1-2 years
Reviewed 2020-05-13
Review Source: Capterra
Onestream has undoubtedly exceeded our expectations following initial implementation to manage our complex financial consolidation for statutory accounting and regulatory reporting. The breath of capability and scope of future use is causing real excitement across the wider finance function, and Onestream's flexibility is going to be a real asset to the organisation moving forward.
Onestream has undoubtedly exceeded our expectations following initial implementation to manage our complex financial consolidation for statutory accounting and regulatory reporting. The breath of capability and scope of future use is causing real excitement across the wider finance function, and Onestream's flexibility is going to be a real asset to the organisation moving forward.
Pros Onestream's flexibility in terms of metadata structures as well as data integrity controls via for example their unique flow dimension are fantastic. In addition the ability to seamlessly integrate with underlying data sources and systems is invaluable for us as a decentralised organisation with many different systems and processes used by our subsidiaries.
Cons During and indeed following implementation its been very difficult to find any fault with the Onestream software and its integration to our business processes. Some functionality is very specific to the software and requires training, but the extensive Onestream Academy (free of charge) and the paid for formal courses have alleviated any issues in this regard. In addition the support provided to us during the implementation by Onestream themselves has been fantastic.
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