Modernize Finance with a Unified SmartCPM Platform
OneStream provides a revolutionary corporate performance management (CPM) solution – it’s called the OneStream XF SmartCPM platform (XF stands for extensible finance). OneStream XF unifies and simplifies financial consolidation, planning, reporting, analytics and financial data quality for sophisticated organizations. And the platform can be deployed on-premise or in the cloud so you can “have it your way.”
OneStream is the first and only solution that delivers corporate standards and controls, with the flexibility for business units to report and plan at additional levels of detail without impacting corporate standards – all through a single application. We call this unique capability “Extensible Dimensionality.” The hallmark of a SmartCPM solution is the capability of having multiple solutions for actuals, budgets, forecasts, plans, reconciliations, profitability and more all living together in a single application. Each solution benefits from leveraging all that the platform offers. OneStream XF eliminates risky integrations, validations, and reconciliations between multiple products, applications and modules.
Hundreds of mid-sized to large enterprises around the world and across industries have implemented OneStream XF and are seeing the advantages. Many have switched from Oracle Hyperion on-premise applications, and others have migrated from legacy solutions offered by SAP, IBM and other vendors. These organizations have achieved a number of benefits.
- Reduced the time, effort and cost of maintaining legacy applications
- Simplified financial close, consolidation and reporting
- Improved agility in budgeting, planning and forecasting
- Accelerated delivery of new applications and business insights
A new OneStream white paper provides more details on the challenges organizations face with the legacy Hyperion applications, the shortfalls of Oracle Cloud EPM applications, and the advantages customers are gaining by converting to OneStream XF – the proven alternative for global enterprises with sophisticated requirements.