OneStream Splash Empowers the Office of the CFO to Take Finance Further with Innovation to Core Finance Operations
2024年5月22日 - 10:00PM
OneStream Software, the leading enterprise Finance management
platform that modernizes the Office of the CFO by unifying core
finance and operational functions -- including financial close,
consolidation, reporting, planning and forecasting, today announced
nearly a dozen product innovations at its annual customer
conference, OneStream Splash. In an increasingly complex and
competitive business landscape, new OneStream solutions empower the
Office of the CFO to set aside complexity, eliminate friction and
Take Finance Furthertm.
“Finance leaders are under immense pressure to cut through all
the uncertainty of today and steer the business towards growth,”
said Tom Shea, CEO, OneStream during OneStream Splash. “Too many
Finance leaders spend days, nights, and even weekends, trying to
make sense of disparate data and processes – at the expense of
moving the business forward. Today’s news underscores the critical
steps we have taken to innovate core finance operations that
empower CFOs to become more strategic than ever.”
Revolutionizing Core Finance: New Solutions to Simplify
and Unify Operations
OneStream has announced a series of innovations designed to
power the core finance function with easier, automated and
simplified ways to execute critical analysis and configure and
report on business performance drivers and across the entire
enterprise. Announcements include:
- Simplified Corporate
Performance Management (CPM) execution: OneStream CPM
Express is a simplified and packaged version of core CPM
capabilities including financial close, consolidations, budgeting,
reporting and forecasting. With pre-built functionalities,
predefined reports and guided configuration, CPM express simplifies
core activities and speeds up processes across the Finance
function.
- Centralized Narrative
Reporting: OneStream’s new approach to Narrative Reporting
increases the strategic impact of the Finance function, by
centralizing and accelerating a traditionally lengthy and
disjointed narrative report assembly. Perform live analysis of
corporate performance drivers found on the OneStream platform and
collaborate with other business functions all within Microsoft
Office, with documents that are linked to fuel automated updates to
data and comments.
- A Simplified Financial
Management Experience from Anywhere: OneStream’s Modern
Browser Experience streamlines access to reports, insights,
dashboards and the full power of the OneStream Platform on-the-go,
across web browser, iPhone, Tablet and more.
- New Solutions on the
OneStream Solution Exchange: Today, there are more than 90
solutions available on the OneStream Solution Exchange. New partner
solutions announced include:
- AIQOS – Lease
Accounting
- AMCO – Advanced Tax
Connect
- Asperitas – HomePage
Builder
- Black Diamond –
Accordion Rolling Forecast & Simple Code
- Inlumi – Enterprise
Tax Reporting
- MindStream Analytics
– Accrual Manager – 606 Deferred Revenue
“OneStream creates a single source of truth across the
organization, providing unparalleled visibility and transparency
into core financial processes,” said Conor Lawler, CFO at Sandals
Resorts. “This unified approach has put finance at the center of
our business planning, empowering our team to make data-driven
decisions with greater accuracy and confidence. By harnessing the
power of data, we gain deeper insights into our customers’ wants
and expectations and can proactively anticipate their needs.”
Drive Finance-led Business Planning with New Analytic
Capabilities that Steer the Business
To enable more financially led business operations, OneStream
announced a series of innovations that help organizations steer
workforce plans, demand forecasts, sales plans, ESG goals and more
while analyzing the impact on financial performance.
- Finance-led business
planning with InfinitySPM’s Sales Performance Management (SPM) for
OneStream: InifinitySPM’s SPM for OneStream solution
empowers FP&A and Revenue teams to plan, manage and analyze
sales performance, a traditionally disjointed and siloed
workstream, across the entire enterprise. Built on the OneStream
platform, SPM for OneStream expands Finance-led business planning
efforts by ending the data wrangling across multiple tools and data
sets, unifying crucial enterprise insights into one process,
strategically aligning sales goals, metrics, incentives and
compensation plans with comprehensive revenue forecasting,
budgeting and financial planning. This unified approach eliminates
data siloes and misaligned objectives and helps Finance leaders
steer the business towards growth.
- Evaluate Business
Performance within Microsoft’s Power BI Connector:
OneStream certified Power BI Connector provides a no-code seamless
integration that allows Finance leaders to quickly connect and
consume trusted financial and operational data from OneStream
within Microsoft’s Power BI.
- Personalized analysis and
reporting without the need of a technical expert with OneStream
Genesis: OneStream Genesis improves the automation and
collaboration of the Financial Close workstream by providing a
no-code framework to personalize and simplify analytics and
reporting on top of OneStream’s unified data model. From the visual
identity of the UX to dashboard widgets to data sources and
analytics, a simple drag-and-drop interface helps Finance leaders
create specialized dashboards and widgets against the data for
C-level consumption, without needing to create special coding or
formulas on the back end.
- Agile analytics and
reporting with OneStream Dynamic Cubes: OneStream Dynamic
Cubes creates an interactive modeling and analysis of the business
by quickly unifying granular transactional, operational and
financial data, regardless of where it resides, to deliver
real-time analytics and drive growth.
OneStream Splash is OneStream’s flagship customer conference
designed to power the Office of the CFO to steer the business
towards the future. OneStream Splash will take place next year on
May 13-16, 2025, in Nashville, TN. To learn more or to register for
the OneStream Splash User Conference next year, visit:
https://www.onestream.com/conferences/splash-na/
Follow the OneStream Splash conversation on LinkedIn and X using
#OneStreamSplash.
About OneStream Software
OneStream is how today’s Finance teams can go beyond just
reporting on the past and Take Finance Further by steering the
business to the future. It’s the only enterprise finance platform
that unifies all your financial and operational data, embeds AI for
better decisions and productivity, and can extend to meet the
evolving needs of your business, without adding technical debt.
We deliver the industry’s most comprehensive cloud-based
platform to modernize the Office of the CFO. Our Digital Finance
Cloud uniquely unifies key financial and operational data and
processes, embeds AI for faster and better planning and
forecasting, and is infinitely extensible so customers can add new
utility and achieve more value as their business needs evolve.
OneStream is an independent software company backed by private
equity investors KKR, Tidemark, Partners Fund Capital and Alkeon
Capital Management. With nearly 1,400 customers, more than 230
implementation partners and 1,300 employees, our vision is to be
the operating system for modern Finance, digitizing core financial
functions and empowering the CFO to become a critical driver of
business strategy.
Additional Resources:Follow OneStream on X
- https://twitter.com/OneStream_SoftFollow OneStream on
LinkedIn
- https://www.linkedin.com/company/onestream-software/Like
OneStream on Facebook
- https://www.facebook.com/onestreamsoftware/
Jaclyn Proctorjproctor@onestreamsoftware.com