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Driving Performance with OneStream’s Built-In Reporting and Analytics

When it comes to corporate performance management (CPM), distilled down to the simplest terms, Finance has three basic roles to fulfill in its support for the organization: Looking backward with processes such as the financial close & consolidation to produce an accurate book of record income statement and balance sheet to represent an organization’s financial

How is COVID-19 Impacting Financial Decision-Making in Europe?

The COVID-19 pandemic had a major impact on the world economy as it broke out in early 2020, and it continues to impact many industries and organizations as we enter the 4th quarter of the year. Back in August, OneStream Software released the results of a survey of North American Finance executives highlighting the impacts

Finance in the 2020s – How to Conquer Complexity and Lead at Speed

Let’s face it, complexity is the inevitable byproduct of growth and change. And though the 2020’s kicked off with major disruption from COVID-19, Finance Leaders are facing ongoing and diverse challenges of rapidly changing markets, operational complexity and accountability to deliver on stakeholder expectations. That’s why Finance teams no longer have a choice – we

Gartner Recognizes OneStream as a Leader in Cloud FP&A Solutions

If there’s one lesson learned from this year’s COVID-19 pandemic, it’s that every organization needs to have efficient and agile budgeting, planning and forecasting processes that enable them to respond and adjust quickly to market disruptions. Organizations that have modern, cloud-based planning solutions in place have fared better in stepping up the frequency of their

The Power of Customer References in CPM Software Evaluations

The, time, effort and research that goes into an organization’s decision to purchase enterprise software can be substantial. And given the risk inherent in these decisions, that’s a lot of responsibility to put on any individual or group, especially since the typical evaluation cycle is around 6-12 months for corporate performance management (CPM) software. Between

Leveraging Data Analytics and Insights to Increase Business Agility

Knowledge is power. Today you have more data than ever before, but is it effectively increasing your understanding of the business? Is all that data actually adding value? In fact, the large volume of varied data can be overwhelming, especially if your organization has it in multiple legacy systems. Re-posted with permission from Source

The New Reality: Planning, Analytics and Performance Management in the 2020s

2020 has been a year like no other in modern history. Starting off with great expectations for the new decade, by March the entire world was disrupted by the COVID-19 causing every organization to scrap their 2020 budgets and revisit their plans and forecasts. While the pandemic wanes and the global economy slowly recovers, this

Addressing FY21 NDAA & DOD Budgeting Requirements with CPM Solutions

The National Defense Authorization Act (NDAA) is one of two annual bills designed for Congress to oversee the budget for the U.S. Department of Defense (DOD). The authorization bill determines the agencies responsible for defense, establishes funding levels, and sets the policies for allocating budget dollars. And this year, the budgeting requirements create the perfect

How is COVID-19 Impacting Short and Long-Term Financial Decision-Making?

The COVID-19 pandemic has clearly had an impact on the personal lives of everyone around the world with restrictions on travel, who we interact with, and how we interact with family, friends and our communities. It has also had an impact on the work lives of most professionals, who have been forced to work from

Streamline Corporate Performance Management with OneStream Task Manager

Finance leaders must increasingly navigate the interconnected challenges of organizational complexity. To drive performance, they must execute critical processes with efficiency and support decision-making across the enterprise with timely access to financial and operating results. And now, suddenly, Finance teams must also adapt and respond to the unprecedented increase in the demand for remote operation

Oracle Hyperion EPM Go-Forward Options Market Sentiment

Organizations who leverage Oracle Hyperion EPM for financial consolidation, business planning, reporting and analytic needs are at a critical crossroad. Version 11.1.2.4 Premier support ends as of December 2021. The go-forward path is not straight forward. Our team has developed an Options Analysis Framework to help organizations with this assessment. Additional information on this framework may be

Call-To-Action: End of Life Support for Oracle Hyperion 11.1.2.4

Organizations who leverage Oracle Hyperion EPM for financial consolidation, business planning, reporting and analytic needs are at a critical crossroad. Version 11.1.2.4 Premier support ends as of December 2021 – this means: Use of unsupported software has an impact on internal controls / more costly to maintain No further critical security patches will be released [increase cyber security