OneStream Reviews & Pricing

Key Features

• Extensible Dimensionality: Provide a way to manage metadata at different levels of detail for various solutions. Give the business the power to build platforms for the organization at any level without disrupting the accuracy of the consolidation process. 
• XF Marketplace: Organizations get an opportunity to extend their system’s functionality with a plethora of downloadable and configurable solutions. Add value to the deployment with account reconciliation, task manager, tax provisioning, capital planning. Allow users to search for actions and add them to the platform when needed. Users can add over 30+ apps additionally to the platform. 
• Customer Reference Ability: Provide organizations with a list of contacts who have replaced old software and implemented the solution. 
• Financial Closing and Consolidation: Automate data loading and reconciliation. Identify errors both pre- and post-load data validation, resolve issues quickly and close faster. 
• Account Reconciliation: Get a statistical view of the financial statements, which includes a risk-adjusted datasheet. Acquire a complete audit trail of the reconciliation approvals. Submit account reconciliations without having to wait for the corporation to close the deal. 
• Planning, Budgeting and Forecasting: Seed budgets and forecast future financials with a powerful interactive tool and no technical knowledge. Boost profitability and build future strategic plans by analyzing sales, production, taxes and insurance. 
• Reporting and Analytics: Capitalize on marketing opportunities, minimize risk by gaining key insights into monetary and management reporting. Get all the financial and operational data at one place without having to gather information from fragmented tools and sources. Accelerate reporting and decision-making with self-service reporting and ad hoc analysis tools. 
• Transaction Matching: Accelerate account reconciliations and speed up the financial close by matching transaction data from multiple sources. Use the unified platform to reduce data latency and cost. Improve the accuracy of financial statements. 
• Compliance Solutions: Get global reporting requirement support such as US, GAAP, IFRS and other local standards with a built-in financial intelligence tool. Stay ahead of the new guidelines by capturing required details. Perform accurate calculations and reporting for new requirements. 
• Financial Signaling: Capture, map and load millions of rows of weekly data from various sources such as CRMs and ERPs without third-party involvement. Ensure security and governance with a flexible unified data model for users across the Office of Finance and Line of Business. Get self-service visualizations and use a dashboard to see all sources of data. 
• Financial Data Quality: Directly integrate to any open GL/ERP system with pre-built integration connectors. Ensure the certification process is done correctly with pre and post-loading data validations and confirmations. Get complete visibility from data to source with 100% transparency and audit trails for data, metadata and process change. 
• Tax Provision: Reduce risk and ensure consistency in tax calculation by automating and streamlining tax data collection and validation. Generate footnotes, management reporting, report consolidated and statutory effective tax rates. Minimize reconciliation by automating reporting and exporting data to tax compliance systems. 
• People Planning: Use pre-built global drivers for salary, benefits and payroll taxes for real-time dynamic planning. Build extended planning analysis by empowering managers to plan for new hires and implement changes for compensation, benefit, tax, travel and more. Boost collaboration by sharing insights using built-in reports and visualizations. Ensure critical analysis and well-informed decision-making. 
• Sales Planning: Drive performance by managing territories and setting quotas and sales targets. Create dynamic sales plans by extending financial goals with pre-built drivers based on regional and territory financial targets. Boost collaboration and communication using pre-made reports. 
• Capital Planning: Provide a better-controlled environment by enabling departmental level asset capital planning and accountability. Standardize life assumptions and depreciation calculations by using pre-built global drivers by asset class. Enhance dialogue with partners by sharing insights and collaborating using built-in reports and visualizations. 
• Profitability Analysis: Manage allocation by eliminating spreadsheets and offline processes with a unified solution. Create model plans to determine the impact of pricing, new products and mix changes on customers. Get insights into different dimensions like profitability by products, customers and channels and empower managers to make informed decisions. 
• Predictive Analysis: Minimize reliance on spreadsheets, disparate systems and non-finance resources by automatically generating forecasts from over 10 built-in predictive analysis models. Increase collaboration by sharing insights using reports and visualization tools. Remove bias by creating predictive models for forecast validation. 

Limitations

•  Steep learning curve for understanding the dashboard. 
•  No preset options, entirely customize. 
•  Too many applications on a single platform can be overwhelming. 
•  Excess of application can be expensive. 
•  Difficult to troubleshoot. 

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