OneStream

What is OneStream?

OneStream is a leading enterprise finance management platform designed to unify financial and operational data, leveraging artificial intelligence (AI) to enhance the strategic impact of the Chief Financial Officer (CFO). This platform aims to modernize financial processes by automating and streamlining the end-to-end close process, from transaction creation to financial reporting. By unifying data, OneStream helps organizations move from data silos to strategic success.

How does OneStream work?

OneStream works by providing a single, unified platform that integrates all financial and operational data. This integration allows for seamless access to data for financial close, planning, account reconciliation, and more. The platform uses AI and machine learning (ML) to:

• Speed up planning processes.
• Improve forecast accuracy.
• Model various scenarios to adapt to changing business conditions.

Key Components and Features

1. Unified Platform: Consolidates financial and operational data into a single source of truth.
2. AI-Powered Planning: Uses OneStream SensibleAI to improve planning speed and forecast accuracy.
3. Modern Financial Close: Automates and streamlines the financial close process.
4. Extensibility: Allows the platform to be extended to meet unique business needs without adding technical debt.

Why choose OneStream?

Choosing OneStream offers several key benefits:

• Improved Accuracy: AI-driven forecasts improve accuracy by nearly 30%.
• Increased Efficiency: Speeds up planning processes by as much as 86%.
• Better Decision-Making: Provides a unified view of financial and operational data.
• Strategic Impact: Transforms the finance team into strategic advisors.

Customer Success Stories

• Polaris: A leading powersports vehicle maker, used machine learning to revolutionize financial planning and forecasting, enhancing forecasting accuracy and improving collaboration.
• Costco: Achieved smooth scalability with extensible unified data.
• McCain Foods: Replaced SAP BPC for an all-in-one approach to modern CPM.
• Fruit of the Loom: Ensured the integrity of financial results.

Who is OneStream for?

OneStream is ideal for:

• Large Enterprises: Organizations looking to unify and streamline financial and operational data.
• Finance Teams: Aiming to improve accuracy and efficiency in financial planning and reporting.
• CFOs: Seeking to increase their strategic impact within the organization.

How to use OneStream?

1. Integration: Integrate all financial and operational data into the OneStream platform.
2. Automation: Automate core tasks such as financial close and account reconciliation.
3. AI Implementation: Utilize AI tools for planning and forecasting.
4. Extension: Extend the platform to other areas such as sales and people planning.

Best way to transform your finance organization?

The best way to transform your finance organization with OneStream is to:

• Unify Data: Break down data silos and create a single source of truth.
• Automate Processes: Reduce manual tasks and improve efficiency.
• Leverage AI: Use AI to enhance planning, forecasting, and decision-making.
• Extend the Platform: Apply OneStream to other areas of the business to drive strategic value.

By mastering modern finance with OneStream, businesses can improve accuracy, increase efficiency, and make more informed decisions, ultimately transforming the finance team into strategic advisors. With its uniquely unified and infinitely extensible platform, OneStream equips organizations to excel in today's dynamic financial landscape.

In conclusion, OneStream is a powerful enterprise finance platform that not only unifies financial and operational data but also embeds AI to significantly boost productivity. Designed to adapt to the unique needs of each business, it offers a comprehensive solution for companies looking to modernize their financial processes and achieve strategic success. This makes it an excellent choice for large enterprises and finance teams aiming to improve accuracy, efficiency, and decision-making.