OneStream

One Version of the Truth...

Commenti: It's been a great experience with a great product.

Aspetti positivi:

Instead of having to cobble together data from multiple systems with different dimensionality and have to reconcile - I can perform all my Finance functions under the OneStream solution. This saves me tons of time with data syncronization, reconciliation, and dual maintenance. It's a huge time saver.

Aspetti negativi:

It's very Microsoft platform centric, so you have to be comfortable with that technology baseline. If you want to go cloud - you're going on Azure.

OneStream for both Consolidation as IFRS16

Commenti: OneStream is now the central platform for reporting, consolidation and IFRS16. The users only use 1 system, there is only 1 admin maintaining all these functional requirements.

Aspetti positivi:

It's a platform, the consolidation, reporting, data integration is included. But there are also marketplace solutions (apps that you can download) to implement e.g. IFRS16. All from the same user experience.

Aspetti negativi:

Since it is a platform it has a steep learning curve. Since everything is possible its hard to balance between the ultimate solution and project budget/ timelines.

OneStream XF

Commenti: We are utilizing OneStream for its consolidation functionality. We are also working to implement the people planning solution.

Aspetti positivi:

The ability to have a unified system. OneStream's ability to keep multiple solutions on one platform.

Aspetti negativi:

The amount of clicks to configure a lot of items.

OneStream software - Conversion From Hyperion HFM/FDM/Planning

Commenti: We were forced to make a platform decision by ORACLE, timing was not good from an operational standpoint. We are 6 months in to an 11 month project to go live replacing our Hyperion environment.We are extremely pleased so far with the quality of the product, the quality and speed of support and relatively low overhead to support. All projects this size have pain involved with change management, but thankfully, the software we chose is helping ease that pain, not enhance it.

Aspetti positivi:

-Ease and simplicity of software architecture implementation and design -One Product for multiple purposes. -Long term expansion capability on one platform -Win10 app access -There is no comparison with the amount of time, effort and money it took to support and maintain the Hyperion environment. Install took less than 2 hrs. Comparable Hyperion install took weeks to get working

Aspetti negativi:

- Dashboarding can be simplified a bit - powerful, but a bit cumbersome to get started and understand

The next generation of CPM software

Commenti: Primarily driving consistency and accuracy across the company on financial reporting, budgeting and forecasting and eliminating all the shortfalls of maintaining those processes in MS Excel. Future vision to implement Account Reconciliations, People Planning, Capital Planning, Sales Planning and Task Manager.

Aspetti positivi:

The software really is simple to use, user adoption is very fast and for one price you get for multiple products (consolidations, planning/forecasting, account recs, capital planning, etc...)

Aspetti negativi:

I have not found anything currently that I do not like about the software.

One-year Post go-live

Commenti: Very happy with our choice and would not change decision if could go back and choose different vendor

Aspetti positivi:

OneStream has wide array of functionalities, all on one platform, one software language at one price; powerful corporate performance management platform has helped us automated many tasks across multiple areas in accounting, financial reporting, budgeting, forecasting and analytics.

Aspetti negativi:

Like other platforms must invest time and resources to get through learning curve

OneStream is ahead of the competition

Aspetti positivi:

The ease of use is very good. With minimal training I was able to setup the system (with help of consultants of course).

Aspetti negativi:

Some features are a direct copy of HFM, which is not strange because it's the same creators.

So far so good in terms of the financial reporting

Commenti: The overall experience with this software has been good. One of the standout qualities is its ease of use, making it accessible to users with varying levels of technical expertise. The intuitive interface and well-designed navigation make it easy to navigate through the different functionalities and perform tasks efficiently.

Aspetti positivi:

It has a lot of diff features, and quite easy to use them. there will be learning curve, but it is not difficult

Aspetti negativi:

so far so good, nothing much that i didn't like

Onestream is the future of CPM

Commenti: 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.

Aspetti positivi:

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.

Aspetti negativi:

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.

Admin

Commenti: Amazing experience. We rolled more than 5 different apps into one

Aspetti positivi:

Ease of use for our global finance team.

Aspetti negativi:

Excel plugin is a bit clunky and interface refreshing is tough for admins while troubleshooting

Strong and Encompassing

Commenti: The support and guidance given by OneStream project team and their associated resellers is immense. what is a complex integration and implementation project is made easier by their support and the shear volume of KB articles and community.

Aspetti positivi:

Once you get your head around the multiple facets to this system, you'll wonder how you lived without it. Its exactly what you need from a financial consolidation and reporting system.

Aspetti negativi:

the amount of work you need to put it to learn and understand the system is immense, but you'll only get out what you put in.

A complete software suite to help drive your organization!

Commenti: As a user for just under two years, the overall experience I've had with the software and the team has been exceptional. And this extends to the user community as well -- it was amazing the number of times I heard "welcome to the family!" during the user-conference, but I definitely felt that way! While focused primarily on consolidations and part profitability, we have big plans to further expand OneStream to allow stronger analytics in guiding us towards future growth and profitability.

Aspetti positivi:

The software is very intuitive and easy-to-use, but the ability to expand into different organizational "needs" is facilitated by a company that is willing to listen to the needs of their customers, and respond quickly to put those needs into production! From basic consolidations, tracking of capital expenditures & headcount, and strategic planning modules (among many others!), OneStream XF gives users the ability to address their immediate needs while giving them capabilities for future expansion.

Aspetti negativi:

As more of an "end user" on the financial side (not I.T.), the only issue I faced was the speed of consolidating data. But note that this is based on a previous version of the software, with the newest release (based on the Splash! user-conference in May 2019) having addressed some of this issue. Another example of the company's willingness to listen and respond!

Fantastic Consolidation Tool With Plenty More To Offer

Commenti: 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.

Aspetti positivi:

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.

Aspetti negativi:

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.

All on One SaaS platform for CPM/EPM Unified and integrated modeling

Aspetti positivi:

Flexibility Agility and Customer Support Dashboarding and Reporting Analytic Blend Business Rule and power of API integration Data Integration and Transformation Out of the box Market place solutions like ACM, ARM, Task Scheduler , Security Audit etc

Aspetti negativi:

Extensible Dimensionality Metadata Management and Utility to Automation of Metadata Build

Excellent multi-currency financial consolidation software

Commenti: We were looking to replace a legacy system that was no longer going to be supported by its giant software company owner. Based on the experience we had we that company, we knew we did not want to use another of their packages. We chose OneStream based on functionality, product demonstration, price, references and pedigree of its developers.

Aspetti positivi:

It does so much. Every time I think I can't do something in OneStream, the consultants figure out how to get it done. It does more than I can possibly conceive. I do not spend a lot of time and money maintaining OneStream. The software upgrades are very fast (about a half an hour) and usually do not require any consultant time. I also like that if I do have a problem or a question, I can submit a support ticket and receive a quick response. Their customer service is far superior to what I'm used to with the giant software company that I dealt with before.

Aspetti negativi:

Because it's different from any software I've ever used, it took some getting used to. Definitely not an issue now.

OneStream is by far the top CPM tool out there

Aspetti positivi:

It's vast capabilities of reporting, ease of use, BI Blend, Dashboarding and excel.

Aspetti negativi:

There is so much we can do it's difficult what to select first.

OneStream is second to none

Aspetti positivi:

Going into my Administrator role, I did not have a background in IT or systems administration but rather experience in Finance and Accounting. OneStream is designed with not only the end user in mind but the Administrator. There isn't a heavy reliance on SQL/VB.Net unless there are significant changes or requests from the business. The reference guide and Knowledge Based articles are also very helpful in teaching me about the system. The customer support is second to none in that they reply within an hour and are helpful in resolving issues and/or answering questions.

Aspetti negativi:

I would say a simplification in managing security would be helpful. In addition, there should be a way to implement security to prevent system administrators from seeing sensitive information in People Planning.

OneStream checked all the boxes

Commenti: They are a fantastic company to work with, always looking for the best solution for their customers. They check in periodically to see if the software is meeting needs and how they can support not only the customers, but the user community as a whole.

Aspetti positivi:

The best feature is the functionality, with minimal implementation.

Aspetti negativi:

There really isn't anything that I dislike about it.

Owner

Commenti: It is been a great journey so far

Aspetti positivi:

The platform concept that enables companies to have multiple solutions in a single app.

Aspetti negativi:

The required initial setup is very important.

Confie Uses OneStream

Commenti: We implemented this software from start to finish in 6 months. Within 30 days of implementing the company acquired additional companies requiring a restatement of historical results. These companies were integrated within a month. The software is flexible enough that we are able to report based on the latest whims of management. Since implementation, we have redesigned the software more than once due to changes internally, and have accomplished those redesigns quickly.

Aspetti positivi:

Easy to use, great support

Aspetti negativi:

Not much

Incredible customer service

Aspetti positivi:

Integrated financial model allowing for easier system maintenance and one source of truth for data.

Aspetti negativi:

Troubleshooting Azure service interuptions

Relatively new user, getting to know OneStream

Aspetti positivi:

The software is easy to use and is basically capable of anything you need it to be. The Customer support is very responsive to requests for help, as well as ideas for functionality.

Aspetti negativi:

Since I came in after my company implemented, I feel a little behind on the curve on the admin design side (creating cube views, dashboards, etc), so those are a little overwhelming and complex to me, but I feel with training materials available and some practice, it will come easier.

Great asset to our company

Commenti: As a user, it has been extremely positive all the way around.

Aspetti positivi:

Ease of use. Single platform. Best user acceptance of any software product we have implemented.

Aspetti negativi:

I miss Smartview , but perhaps I just need to get more familiar with the OS excel tool

Capital one review

Commenti: We love Our OS consultants and customer support!

Aspetti positivi:

Marketplace and extensible dimensionality

Aspetti negativi:

Building dashboards, trying to clear data

XF 5.0

Aspetti positivi:

What I like most is the ability to use XF 5.0 as a complete business intelligence and dashboarding software, in addition to the great functionality it has for consolidations and reporting

Aspetti negativi:

What I like least is that it takes a little time to learn how to use effectively, and even after you learn how to use it, it really depends on your ERP/data capabilities that determine to what extent you can fully utilize OneStream