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OneStream Company Research Report

Company Overview

• Name: OneStream

• Mission: To help customers in every industry plan faster, forecast with greater accuracy, and perform at their best by providing trusted AI solutions purpose-built for finance.

• Founders: No information is available.

• Founded Year: No information is available.

• Key People: No information is available.

• Headquarters: No information is available.

• Number of Employees: No information is available.

• Revenue: No information is available.

• Known For: OneStream is known for unifying financial and operational data into a single platform, embedding AI to boost productivity, and adapting to fit unique business needs.

Products

Overview

OneStream offers a variety of solutions across several domains of financial management, heavily leveraging artificial intelligence and machine learning to enhance performance and drive business success.

Key Products and Features

1. Financial Planning and Analysis (FP&A) Solutions

• Planning, Budgeting, and Forecasting: Eliminates data silos with a unified AI-driven solution, allowing integrated data from ERP, CRM, and HCM systems for flexible modeling and continuous reporting.

• Strategic Planning: Aligns strategic options with long-term goals using scenario modeling to evaluate financial impacts.

• Profitability Analysis: Provides insights across products and channels with a unified approach to evaluate pricing impacts.

2. Integrated Business Planning Solutions

• Demand Forecasting: Uses AI to integrate sales and marketing data with external factors for agile forecast predictions.

• Workforce Planning Solution: Develops staffing plans aligned with financial goals, integrating finance and HR insights.

3. Financial Close and Consolidation Solutions

• Financial Data Quality: Connects seamlessly to GL/ERP systems with pre-built connectors, ensuring transparent integration and streamlined processes.

• Account Reconciliation: Automates reconciliation processes, enhancing risk management.

• Compliance Solutions: Supports key financial standards (US GAAP, IFRS) and Sarbanes-Oxley controls with robust compliance features.

• ESG Reporting and Planning: Automates ESG reporting and aligns with GRI, SASB, and EU provisions.

Recent Developments

• Recent Recognition: OneStream has been named a leader for the third consecutive time in the 2024 Gartner Magic Quadrant for Financial Planning for its Completeness of Vision and Ability to Execute.

• Case Studies and Client Success:

• Polaris: Accelerated their forecasting process by adopting OneStream’s machine learning capabilities, leading to enhanced forecasting accuracy and streamlined operations.

• Costco and Others: Leveraged OneStream's extensible unified data solutions to conquer complexity and improve data integration.

• New Features:

• Integration initiatives in financial close processes, providing sophisticated tools for currency management and compliance.

• Enhanced AI-powered scenario modeling to better align forecasts with financial plans across business functions.

• Partnerships: No specific partnership information is available.

OneStream continues to focus on transforming modern finance by unifying financial and operational data, embedding AI, and providing adaptable solutions tailored to contemporary business needs.