142 OneStream Software Testimonials

“Once we went live on OneStream, our manual consolidation process went away, and everything became much more efficient. We kicked off the project in January 2019, focusing on consolidations first. Then we rolled right into implementation of our budget process, which was up and running for our 2020 budget cycle. The entire implementation took only nine months to complete. Previously, we would spend a full day linking spreadsheets, and two days manually linking data for cash flow. Now the countries can fill that data into OneStream, and the cash flow is automated. I just go in and apply topside adjustments, taking a two-plus day process down to a couple of hours. Previously, every spreadsheet came into one place for loading, and it was horrendous. OneStream enabled us to spread that responsibility to each country, which has taken two weeks off the budgeting cycle.”

"The biggest benefit of OneStream is that we now have one, unified application supporting multiple processes that’s much easier to maintain. This includes integrated financial consolidation and planning, and integrated capital planning. We have also been able to get account reconciliations out of Excel, providing more controls, easier reporting and alignment with consolidated financial reporting. OneStream is much easier to maintain than our multiple legacy applications and upgrades are literally just a few hours vs. many months and at a high cost with our prior system.”

“We quickly realized that OneStream met our requirements and the benefits from implementing OneStream included improved financial consolidation and reporting, corporate governance, Sarbanes-Oxley compliance and intercompany eliminations. These key improvements alone would have been considered a success, however we are also leveraging the OneStream platform for KPI dashboard analysis, purchase price accounting, detailed sales analysis (by customer by item code), Salesforce integration, capex tracking and machine asset tracking. By delivering more solutions on a single platform, Dynacast is eliminating manual and time consuming tasks and replacing them with value ad analytics."

“In addition to time savings from automated cash flow, the real time financial presentation of close results has reduced turnaround time. We gained self-service reporting abilities for results throughout the close cycle, eliminating the tedious time it took to create and reconcile reports to instead provide deeper analysis on those results. WBMI has also gained the peace of mind that comes with consistent allocation performance.”

“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.”

“The transition from our SAP and Oracle systems to OneStream has been very smooth, and all of the financial controllers are happy. One of the big advantages of the unified OneStream application is that we no longer have a one-day delay between the collection of data and the issuance of reports and analyses. With OneStream, all of the data is in one system, so when changes are made, everything is updated immediately.”

"The ultimate game changer for our planning application was to bring our production planning into OneStream. This allowed us to have a commercial view of how we sell our products, and operational view of how we produce our products and a process view of what is happening to our products as they move through operations and finally to our customers."

"We are currently using OneStream Transaction Matching for a new process we are implementing with claims. This new process involves direct payments from our bank account, requiring us to reconcile the transactions daily, instead of waiting for month-end. Doing this daily matching of bank transactions manually with Excel would have been a nightmare, whereas the Transaction Matching solution allows us to automate much of the process and save a great deal of time and effort."

"We’re excited for the potential to bring predictive models directly into our long-range planning and integrated business planning processes. Our FP&A team is continuously seeking new opportunities to develop better insights and increase collaboration with our commercial and operations teams. We look forward to leveraging OneStream’s Predictive Analytics solution to give our business partners better visibility into future risks and opportunities to make the best decision possible for the business."

"We were spending 90% of our time putting the data in and maybe 10% - if we were lucky - on analysis, which was a complete disservice to our organization.”

“OneStream really enabled the ease of data validation, which was key for us."

“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.”

“We wanted an off-the-shelf and scalable system that helps us achieve our goal of automating our processes even further. Moreover, we wanted to integrate the entire process from validation to analysis into one system. Ultimately, we want to translate our strategy into action plans. Also, we want to see progress on these action plans. OneStream helps us to approach this in a structured manner.”

“OneStream blows Hyperion out of the water with its functionality. I’m used to Hyperion and writing complex allocation models, but with OneStream, it’s so easy to tweak and make changes without affecting the data or the users. OneStream has definitely stepped up the game.”

"We have also have also been able to get account reconciliations out of Excel, providing more controls, easier reporting and alignment with consolidated financial reporting. OneStream is much easier to maintain than our multiple legacy applications and upgrades are literally just a few hours vs. many months and at a high cost with our prior system.”