“There is no substitute for having one application that can share and extend dimensions to deliver multiple solutions without the technical complexity of having to install, implement, maintain, learn and upgrade multiple products, applications or modules. The fact that we were able to deliver a world-class budgeting solution from design kick-off to go-live in two months says a lot about how agile and scalable this system is."
"Extensibility is such a powerful feature of OneStream. By extending our corporate chart of accounts to the level of each unique GL system, the data in OneStream is both relevant and inclusive for all our regions. It allows corporate and regions to speak the same language. In our old world with SAP BPC, we were closing the books on Day six and now we’re closing at Day four. That’s something we are incredibly proud of and something OneStream has helped us achieve."
“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.”
"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 balance sheet, cash flow, CapEx all of that by division and all in the system, so it is very easy to create reports that are consistent, which makes a huge difference in time savings for executives. There were a lot of positive comments in the user feedback about that."
"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 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.”
“We don’t argue about the numbers anymore. Now we’re looking at the financials and adding real analytical value rather than just reporting on them.”
“OneStream in the cloud has been incredibly adaptable. We have people around the world accessing the system and its always available and always at peak performance. In addition, OneStream's cloud has eliminated the need for IT to maintain infrastructure and databases, which saves time and money.”
“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 process and people are drivers in speeding up our month end close, and the OneStream technology has been an accelerator. Having a scalable platform in place has really supported our finance transformation to help TMF Group grow towards a EUR 1 billion revenue company. OneStream has been critical in further strengthening the central data-driven Finance organization and steering the company to achieve our strategic goals"
"I remember going to the OneStream Splash User Conference, and when I asked others about their experience, many times they’d say: ‘It’s true — you can upgrade in less than two hours.’ And many people said 45 minutes! Coming from the Hyperion world, an upgrade would typical be lengthy and costly. OneStream makes it seamless"
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.
"We’re no longer responsible for centrally managing templates and pushing them out to the users for updates. The automation of the calculations has freed up my team quite a bit. It used to take us weeks to collect all the data in Excel® and load it into BPC. Now the users just enter their forecasts right into OneStream. As a result, our forecasting cycle reduced from two weeks to two days."
"Ingeteam is a very dynamic company, hence the need for a more powerful and flexible platform that is easier to manage."
”OneStream allows us to seamlessly roll-up our business units financial data to the group level. The unified platform and the budgeting and forecasting enhancements OneStream facilitated mean that each subsidiary can model their budget at the level of detail required for their subsidiary and make the results immediately available to Group Finance.”