All OneStream Reviews
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Larry
Verified reviewer
Financial Services, 2-10 employees
Used daily for more than 2 years
OVERALL RATING:
5
EASE OF USE
4
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed October 2020
OneStream implementation review
OmeStream is the updated product that most of the others wish they were. Some of the legacy competitors have stopped innovating. Here's an integrated product that's taken off from where they left off.
CONSOneStream does take professional implementation.
Reasons for switching to OneStream
Hyperion isn't innovating and Anaplan is too constrictive.
Robert
Chemicals, 1,001-5,000 employees
Used daily for more than 2 years
OVERALL RATING:
5
EASE OF USE
5
FUNCTIONALITY
5
Reviewed June 2019
OneStream's Ease of Use
The things that we wanted in a consolidation platform is ease of use, a company that takes initiative to update the product, and something that will help with our consolidation/reporting. OneStream solves all these problems and we are very happy with our investment in OneStream.
PROSThe thing that I like most about the software is that it is very easy to get data out of the system. You can use quickviews, cubeviews, dashboards, books, the options are endless. Once you have these items set up, it takes seconds to produce your monthly financials or inquire on data.
CONSThe thing that I liked least about the software was the difficulty of dashboards. I spent a good while trying to figure out an Executive homepage in the older versions. With v5.0 and going forward, it looks like this will be simple from the presentations at Splash.
Reason for choosing OneStream
We chose OneStream over Hyperion because our consultant who worked with us in regards to Hyperion heard about OneStream and told us that was the way of the future. He did not lead us astray since most of the consultants and leaders of OneStream are from a Hyperion/UpStream background.
Tim
Hospital & Health Care, 10,000+ employees
Used daily for less than 6 months
OVERALL RATING:
3
EASE OF USE
3
VALUE FOR MONEY
3
CUSTOMER SUPPORT
5
FUNCTIONALITY
3
Reviewed June 2019
OneStream XF
We are utilizing OneStream for its consolidation functionality. We are also working to implement the people planning solution.
PROSThe ability to have a unified system. OneStream's ability to keep multiple solutions on one platform.
CONSThe amount of clicks to configure a lot of items.
Keith
Mechanical or Industrial Engineering, 1,001-5,000 employees
Used daily for less than 12 months
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
4
CUSTOMER SUPPORT
5
FUNCTIONALITY
4
Reviewed June 2019
OneStream software - Conversion From Hyperion HFM/FDM/Planning
We were forced to make a platform decision by ORACLE, timing was not good from an operational standpoint. We are 6 months in to an 11 month project to go live replacing our Hyperion environment.We are extremely pleased so far with the quality of the product, the quality and speed of support and relatively low overhead to support. All projects this size have pain involved with change management, but thankfully, the software we chose is helping ease that pain, not enhance it.
PROS-Ease and simplicity of software architecture implementation and design -One Product for multiple purposes. -Long term expansion capability on one platform -Win10 app access -There is no comparison with the amount of time, effort and money it took to support and maintain the Hyperion environment. Install took less than 2 hrs. Comparable Hyperion install took weeks to get working
CONS- Dashboarding can be simplified a bit - powerful, but a bit cumbersome to get started and understand
Reason for choosing OneStream
Customer references and testimonials. Ease of use, quality of support. Long term growth possibilities to expand the use of the software on one platform from the marketplace Professional low pressure sales team, product sells itself
Stephen
Oil & Energy, 501-1,000 employees
Used daily for less than 2 years
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed June 2019
The next generation of CPM software
Primarily driving consistency and accuracy across the company on financial reporting, budgeting and forecasting and eliminating all the shortfalls of maintaining those processes in MS Excel. Future vision to implement Account Reconciliations, People Planning, Capital Planning, Sales Planning and Task Manager.
PROSThe software really is simple to use, user adoption is very fast and for one price you get for multiple products (consolidations, planning/forecasting, account recs, capital planning, etc...)
CONSI have not found anything currently that I do not like about the software.
Reason for choosing OneStream
Prophix seemed ok but not alot of big customers so not sure it would be around long term. Hyperion seems to have fallen behind in their product development plus the cost of infrastructure to run it would have been prohibitive. Neither Prophix or Hyperion had account reconciliations so would have need to purchased another software package which would need integration and additional cost.
Marc
Financial Services, 51-200 employees
Used daily for more than 2 years
OVERALL RATING:
5
EASE OF USE
4
VALUE FOR MONEY
4
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed August 2020
OneStream for both Consolidation as IFRS16
OneStream is now the central platform for reporting, consolidation and IFRS16. The users only use 1 system, there is only 1 admin maintaining all these functional requirements.
PROSIt's a platform, the consolidation, reporting, data integration is included. But there are also marketplace solutions (apps that you can download) to implement e.g. IFRS16. All from the same user experience.
CONSSince it is a platform it has a steep learning curve. Since everything is possible its hard to balance between the ultimate solution and project budget/ timelines.
Reason for choosing OneStream
Anaplan is more a point solution for planning (and IFRS16) but not for consolidation
Reasons for switching to OneStream
Oracle stopped developping HFM and OneStream has all features included instead of separate tools.
edelmiro
Food & Beverages, 201-500 employees
Used daily for less than 2 years
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
FUNCTIONALITY
5
Reviewed April 2022
Vima - OS
Great tool. I sincerely recommend it to all. I do my job better and have more dat thanks to OS.
PROSIntegration with our previous data was manageable. Customer support was made easy and efficient. Data visualization is awesome. I can understand our company better as undestanding the daily volatility of the company has been made easier to measure and better to predict future circumstances.
CONSProbably what took the most amount of time was the integration with our ERP.
Reason for choosing OneStream
From day one the company looked fresh, up to date, new, and it felt like it was advancing towards future trends quicker than its competition.
Patrick
Banking, 201-500 employees
Used daily for less than 12 months
OVERALL RATING:
5
EASE OF USE
4
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed September 2020
One-year Post go-live
Very happy with our choice and would not change decision if could go back and choose different vendor
PROSOneStream has wide array of functionalities, all on one platform, one software language at one price; powerful corporate performance management platform has helped us automated many tasks across multiple areas in accounting, financial reporting, budgeting, forecasting and analytics.
CONSLike other platforms must invest time and resources to get through learning curve
Reason for choosing OneStream
OneStream has multiple functionalities and capabilities which addressed multiple business needs/areas that other vendor products could not.
Anonymous
11-50 employees
Used daily for more than 2 years
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed January 2021
Powerful, flexible and
You can incorporate all your Financial Close and FP&A activities in a single unified platform using OneStream. As you integrate different processes within the application you extend and reuse than starting again for each implementation. Customer service and support is incredible, upgrades can be performed within hours and the OneStream Marketplace contains over 50 genuine value-add solutions including Account Reconciliations and Speciality Planning tool. Combine all that and you have the most comprehensive CPM tool on the market.
CONSOneStream is an extensive platform and organisations that implement it need to take the time to understand what the product represents and invest in the right people to administer and maintain it.
James
Verified reviewer
Real Estate, 10,000+ employees
Used daily for more than 2 years
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed June 2019
Onestream is the future of CPM
Great and responsive service, with lots of offerings that you can add to increase the ROI (task manager, reconciliations) at no extra cost. They are consistently improving the product, not resting on the fact that they already have an outstanding product.
PROSI really like how easy the software is to use. The customization options are endless, the organization of formulas on members makes it easy to know why a number is the way it is.
CONSOnestream does a good job of documenting the software, although sometimes the features offered aren’t fully explained, especially in dashboarding. But it’s a small complaint.
Khirod
Information Technology and Services, 10,000+ employees
Used daily for less than 2 years
OVERALL RATING:
5
EASE OF USE
4
VALUE FOR MONEY
4
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed October 2021
All on One SaaS platform for CPM/EPM Unified and integrated modeling
Flexibility Agility and Customer Support Dashboarding and Reporting Analytic Blend Business Rule and power of API integration Data Integration and Transformation Out of the box Market place solutions like ACM, ARM, Task Scheduler , Security Audit etc
CONSExtensible Dimensionality Metadata Management and Utility to Automation of Metadata Build
Kishore Kumar
Mechanical or Industrial Engineering, 10,000+ employees
Used daily for more than 2 years
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed March 2023
OneStream application review
All the functions are really a new experience and to the trend to market this is the best tool with lots of information deep inside available for One Stream admin and users.
PROSForms, cube views, origin, fx rates, dashboard.
CONSNot so user friendly or to keep in mind simple process options to proceed.
Jeni
Oil & Energy, 11-50 employees
Used weekly for less than 12 months
OVERALL RATING:
5
EASE OF USE
4
FUNCTIONALITY
5
Reviewed September 2020
Powerful tool
This product has changed the way we can create financial reports for the better. We are now able to produce meaningful information for our management team that we previously were incapable of compiling.
PROSThis tool enables us to consolidate our and third party financial statements with a few clicks of the mouse. This extremely powerful software can build our monthly financial reports and supplementals in a fraction of the time it used to take us.
CONSSetting up and changing reports is not an intuitive process, so having a good consultant firm on stand by is a must.
Reasons for switching to OneStream
Needed a more powerful platform
Nicky
Consumer Goods
Used daily for less than 12 months
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed August 2016
Truly integrated Consolidation and Financial Planning
An Analyse & Design phase confirmed our project teams decision to implement OneStream and our application build commenced during summer 2015. We are consolidating in a lot more detail in OneStream and the decision to load a full prior year of data at this level has added time to our data validation stage. Our consolidation and reporting phase is going live August month end following parallel runs and we will then commence the planning functionality design. OneStream is intuitive and user friendly and the OneStream team are always there to support you plus willing to listen to users improvement ideas which they often implement. We have no regrets.
PROSThis is a truly integrated consolidation and financial planning tool, one piece of software, one set of metadata, one set of data, one set of reports.
CONSThe lack of customers using it in the UK!
Philip
Information Technology and Services, 10,000+ employees
Used daily for more than 2 years
OVERALL RATING:
4
EASE OF USE
4
VALUE FOR MONEY
4
CUSTOMER SUPPORT
4
FUNCTIONALITY
5
Reviewed January 2022
system with many possibilities and great flexibility
We are an expanding company and Onestream helps in streamlining the reporting process.
PROSSystem has many possibilities to meet reporting needs.
CONSDue to its many possibilities and flexibility it is also a bit complex when you need to troubleshoot.
Reasons for switching to OneStream
Previous system could not handle the growth of the organization.
Evan
Computer Software, 201-500 employees
Used daily for more than 2 years
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed March 2022
OneStream Partner
I am at a firm that is a diamond partner with OneStream. I am a huge proponent of the tool, and swear by it!
CONSA few pain points with OneStream are related to documentation. There is little to no documentation on marketplace solutions at a level that is useful for a consultant to build off of.
Lance
Venture Capital & Private Equity, 201-500 employees
Used daily for more than 2 years
OVERALL RATING:
4
EASE OF USE
3
VALUE FOR MONEY
4
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed February 2020
Onestream findings: Steep hill, but worth the time
It is worth the time, but you will need some to get a good swing at it.
PROS-It is extremely flexible -The community really tries to push forward on development together -Helpful support -Extremely fast
CONS-Hard to learn the advanced usage of the software -Can sometimes feel like a maze of information when an error happens
Ruben
Financial Services, 51-200 employees
Used daily for more than 2 years
OVERALL RATING:
5
EASE OF USE
4
VALUE FOR MONEY
5
CUSTOMER SUPPORT
4
FUNCTIONALITY
5
Reviewed September 2021
Next Step in Finance!
OneStream is a solution for more then just one part of the finance department, it really optimises the total department.
CONSI think it should be HTML based for a better use on mobile devices.
Verina
Aviation & Aerospace, 10,000+ employees
Used daily for more than 2 years
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
4
Reviewed September 2022
User experience
OneStream is a fantastic product. we make use of capex and people planning at our organization
CONSso far very is going well with Onestream
Manish
Verified reviewer
Mechanical or Industrial Engineering, 10,000+ employees
Used daily for less than 2 years
OVERALL RATING:
4
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
4
Reviewed December 2022
One stream - Market leader
We are solving planning and close solution.
PROSDashboard and reporting with Blending feature.
CONSPeople planning and customization .Also, few market place solution
Anonymous
2-10 employees
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed June 2023
So far so good in terms of the financial reporting
The overall experience with this software has been good. One of the standout qualities is its ease of use, making it accessible to users with varying levels of technical expertise. The intuitive interface and well-designed navigation make it easy to navigate through the different functionalities and perform tasks efficiently.
PROSIt has a lot of diff features, and quite easy to use them. there will be learning curve, but it is not difficult
CONSso far so good, nothing much that i didn't like