141 OneStream Software Testimonials

"The implementation of OneStream has made the month-end close process much more efficient. With HFM, responsibility for critical tasks lay with the consolidation team, which often led to bottlenecks and a heavy workload. Thanks to OneStream's flexibility and user-friendliness, various processes have been automated and simplified, significantly reducing the need for support."

“With OneStream, we estimate a reduction of over 300 hours a month on our standard monthly reports. We were also able to close the books and generate reports in one business day compared to 15 with our previous process. And with MarketPlace, we can plan for our workforce and model various formulation scenarios before the submission process. OneStream’s FedRAMP Moderate rating was also critical in enabling our Authority to Operate(ATO) to modernize to a cloud SaaS solution, which was a critical step in our transformation journey.”

“OneStream software has helped Quala to streamline our financial consolidation process and understand our profitability to the detail of SKUs. Our team drastically reduced the time spent on managing analytics and reports in spreadsheets. Now we can use that time to make strategic decisions, which is exactly what any financial expert should focus on.”

“With OneStream we have more time available to spend analyzing data rather than updating data and the flexibility of OneStream provides the ability to respond quickly to changing business needs.”

“OneStream helps us to not only make projections towards the future, but also oversee the field of investments, acquisitions and working capital spending. A great benefit is the all-in-one concept, where various solutions are integrated into a single model. Traditional consolidation and planning systems are far less integrated with different modules that had to be purchased and linked separately.”

“OneStream in the cloud has provided us the flexibility to address new user requirements more quickly than we could with HFM. Data mapping is much easier and audit capabilities are stronger. And the responsiveness of OneStream support has been amazing, addressing issues quickly and proactively helping us tune performance.”

“The consolidation solution provides speed and peace of mind. We can generate the actual reports more rapidly. In addition, there is less checking to do compared to Excel®. In Excel, we felt we needed to check things over and over again, whereas now, we rely on the system. I source things in OneStream, so I know that everything is set up correctly. This provides peace of mind.”

“We went for OneStream because it is a platform-based application rather than a modular one. If we want to add additional processes, such as strategic planning, it will come under the same platform and license. That also means that the figures come from a single source, so we don’t have to construct the data all over again.”

"OneStream helps me evaluate internal transfer profit to bring the balance sheet back to the cost level. OneStream has enabled us to easily peel back the layers and eliminate the profit. Each country uploads their balances on day four or five, and we can finish consolidations and flux analysis by day nine.”

“OneStream has taken a great deal of pressure and workload off group finance, where previously we would have to do a lot of checking the data. The individual users can do it all themselves now, which is obviously a huge benefit to any organization.”

“Intercompany eliminations that were nearly impossible to perform and only done once per year in SAP BPC are now done monthly and in 1 day with OneStream. Group consolidation that used to take 12 working days in SAP BPC is now done by the 7th working day with OneStream. This enables the finance team to deliver information to group executives well in advance of the monthly management meetings.”

“OneStream’s concept of separate virtual cubes sharing dimensions within a single application enabled us to map out reporting needs for the whole group in a single application. The user feedback has been very positive. The business units and corporate now have a single truth on the state of the business.”

“All currency translations are automated, and every data source has a direct connection into OneStream. The data quality issues that plagued us prior to OneStream were mitigated with the implementation of OneStream. A huge benefit has been the ability to configure the business rules, create new cubes, dynamic calculations and dashboard views the possibilities are endless.”

“One of the biggest benefits of OneStream is more timely and accurate financial reporting. The monthly close process has been reduced from 15 days down to five or six days. We now have a good idea of what the monthly financial results will look like on day one of the close, and we can typically report on day five.”

“We were looking to deepen the information gathered from our subsidiaries to the maximum detail, without imposing a rigid corporate model. The other products we evaluated did not have this level of detailed integration that we solved with the functionality of OneStream’s Extensible Dimensionality®. We are now able to devote more time to analysis, understanding, and execution.”