142 OneStream Software Testimonials

“We are over the moon with the results OneStream’s integrated platform for financial consolidation and management reporting offers. Not only were we able to standardize and automate our processes but also we significantly reduced the time needed to generate our corporate reports. OneStream delivered multiple solutions without the technical complexity of having to install, implement, maintain and learn multiple products or applications. “End users were trained over video conferencing (across Australasia, North and South America) and found the solution easy to understand and quickly became self-reliant. They were able to load, check and report on data. The ability to come up to speed so quickly was unheard of in our previous system and extremely valuable as it did not delay our closing cycle.”

"The control OneStream provides is great. OneStream automatically flags data errors so we can go back into JD Edwards to address the issue and re-submit. I love using validation checks and confirmation rules to verify the accuracy. OneStream has been very helpful for controlling the flow of data, which has made my life easier from a consolidation standpoint."

“Ultimately, OneStream was selected based on positive feedback from global research firms, and after a demonstration of the platform’s capability during the vendor selection process. With OneStream, we are benefitting from the increased reporting transparency and analysis possibilities. There is now one version of the truth.”

"Before implementing OneStream, we used obsolete systems and very manual processes for the consolidation and financial reporting at the Berlin Packaging Group. With the solid organic and inorganic growth of the Group in the last two years, this process was no longer sustainable, and we decided to switch to OneStream."

“Going from a manual tool to OneStream and seeing the automation at work when you know all the steps that you previously had to perform – it’s a significant win. The configurable nature of OneStream allows you to utilize it to fit any need for consolidation, reporting, analysis, etc. We have such a powerful platform that will support us as we continue to grow and as we think about how we can implement better controls, fulfill reporting requirements, and help drive Cricut’s future success.”

“ESG data was previously collected in Excel® — sometimes by legal entity, sometimes by region — and this collection was done just once a year due to the cumbersome process. It would take a lot of time and a large group of people to complete. Now ESG data is merged with financial data via an ESG dashboard in OneStream. Forms are completed by the legal entities on a monthly and quarterly basis. So while the frequency increased due to shareholders increased interest, the size of the team working on this decreased thanks to OneStream.”

“We now have created the opportunity to rethink how we view financial processes. It is evolving upstream. OneStream allows us to look further into the future as to how the business will develop as we go forward.”

“We were able to meet nearly all of our needs with OneStream. We’ve had lots of positive feedback from our business partners. They are using the new system to improve and streamline the budgeting process.”

“Our biggest win was getting out of the business of manual work, which creates risk and reduces visibility.”

“As an extension to OneStream, Finit’s DrillIt Tool eliminates the need for reviewers of periodic results to reach out to accounting or finance to inquire about the driver of a particular number on a PDF. DrillIt takes the drill-down concept to a new level with easier to follow drill paths, ranking, expansion types, and fully exportable, multi-tab results. We now have 4,000 power users.”

"OneStream opened the door to standardizing our reporting needs. Reporting is dynamic with the ability to drill down into data, link to other cube views and add dimensionalities. We’ve received major benefits around intercompany eliminations, multiple currency nominalization comparisons and cash flow reporting."

"After completing the initial implementation, we extended our implementation to encompass reporting and analysis of operational data, leveraging the Analytic Blend capabilities of OneStream. The initial focus here was on Strategic Sourcing and Procurement across the enterprise. Having visibility into their spend across over 300 entities has enabled them to reduce the number of suppliers they are using, negotiate better terms with vendors, and save a substantial amount of spend. We’re also using Analytic Blend for weekly transactional sales data to see sales trends across different channels. The simplification efforts are expected to drive 100 basis points of margin improvement each year."

"OneStream’s main contribution to our business has been the implementation of the workflow, helping to guide users on a day-to-day basis. This makes us more professional, gives us greater security, and lets us know where we stand. We now have an overview of all our subsidiaries, and this enables us to see in real time where each one stands on its own closing. We have implemented a unified process which can be adapted to the retail and property businesses, which have different schedules and charts of accounts."

"Weeks’ worth of time was spent on the workforce plan before, whereas now I can pull that data instantly into OneStream. Those files for each of our employees are pulled in and once I hit calculate the data is pushed out to my workflows. From start to finish, the process went from about three weeks to three days per month."

“My favorite thing about OneStream is really being able to do almost anything the flexibility of the tool to collect information, and not just financial information. Really any information enables us to really add — whether it’s a different addition or a completely new functionality or to just enhance the functionality we have. It makes it so easy, and I love not being out there having to say no.”