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Board vs OneStream XF comparison

 

Comparison Buyer's Guide

Executive Summary
 

Categories and Ranking

Board
Ranking in Business Performance Management
10th
Average Rating
8.4
Reviews Sentiment
7.6
Number of Reviews
36
Ranking in other categories
BI (Business Intelligence) Tools (23rd), Reporting (20th)
OneStream XF
Ranking in Business Performance Management
8th
Average Rating
10.0
Number of Reviews
3
Ranking in other categories
Financial Close Software (7th)
 

Mindshare comparison

As of November 2024, in the Business Performance Management category, the mindshare of Board is 5.5%, down from 6.0% compared to the previous year. The mindshare of OneStream XF is 4.5%, down from 5.6% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Business Performance Management
 

Featured Reviews

Wiboon Thabsuwan - PeerSpot reviewer
Easy to use and requires less time to learn or understand its features
I think the product is good in terms of ease of use. The interface looks really nice and very easy to use. Every command appears in the icon. It looks like you don't have to understand everything about the command. You do not necessarily have to know more, or I would say that there is less time for our study about the products. Functionality-wise, it is quite easy to use and requires less time to understand or learn about the product. I am a software vendor, so I do not use the tool myself. I use it for my clients. My clients mostly use it for budgeting and timing purposes. I would say that's really less maintenance at all because they can do everything by themselves. It is good in terms of ease of use.
DarpanBhansali - PeerSpot reviewer
Easy-to-setup product with efficient data integration
We use OneStream XF for our organization's consolidation, planning, and budgeting The product's most valuable feature is extensibility. Data integration is another best feature, where you can integrate rest API files. It is complicated to download the metadata when we have to make changes. We…

Quotes from Members

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:
 

Pros

"The ability to create a data model and have it in testing within a week is fantastic."
"It allows people to quickly create dashboards with reports."
"we are able to easily export data. When directors need financial information, we can go in the system and export the data, then send it out so they have it ready and available. If they are not in the office, we can email it to them. In addition, all the managers are now more on top of their expenses and their budget."
"It is very easy to use. It has got what they call a toolkit, which is a no-code development environment. You can develop a whole solution with it because it is a complete platform. There is a lot of online material that can be used as a reference. You can help yourself while developing a solution. There are some prebuilt applications in the platform environment. You can very easily customize and integrate these applications. It also has flexible scaling of machine resources, which is really great."
"A lot of flexibility from the data modeling standpoint. It can add specific line items into our budget, for example, or if we want to make changes to the data model itself, we have that flexibility."
"The flexibility and the user-experience are the most valuable features of the solution."
"It is easy to make quick updates. As the business changes, we can maintain the tool without programming help from IT."
"The drill down is good for people who have that high level view, because they can do some analysis based on it."
"It offers great ease of use. This impacts not only the end-user experience but also the administrator's, which affects the total cost of ownership."
"We were with Oracle previously. With Oracle, you have to buy a different piece of software for every business process. If you want to do budgeting, that's a product. If you want to do consolidation, that's a product. If you want to do BI type of work, that's yet another product. So, you end up buying a lot of software from Oracle. With OneStream, it is a little different. It is a platform where you can do all those things, and you can do them with just one software purchase and then you just pay for users on it."
"The product's most valuable feature is extensibility."
 

Cons

"It would be nice to see truly transferable processes from model to model, as well as a method of building repetitive processes."
"I would like to see better relationships with the partners."
"What could be better is the manual... nowadays, most people use a web client, but on the Board manual website, a lot of the information is only about the Windows client. If they could update that, it would be helpful."
"We would like to see better logging in the procedural world."
"Building similar models entirely from scratch could be made quicker with transfer abilities between databases and capsules."
"It would be nice to have more connectors for other data sources. BOARD is a great tool to become the single source of the truth. Making it easier to connect data sources for niche software tools will make it easier to keep everything in one place."
"The engine of the Board should be made powerful like the engine of IBM planning which is more powerful in terms of performance. The consolidated finance area also needs improvement."
"It would be huge in the future if BOARD offered a lot more graphs and presentations, and it was a lot easier to use."
"We should be able to download the data in the same format we upload it."
"Currently, they only support one browser, and it would be good if you could use it on Chrome, Firefox, etc. It is a little frustrating that you can only use a certain Microsoft browser. They're pretty tightly aligned with Microsoft. So, I can see the reasons for it."
"AI is where I see the most innovation and progress, but it's not fully developed yet."
 

Pricing and Cost Advice

"​In terms of the pricing, it was reasonable. BOARD is not the lowest in the market, but it was reasonable for us."
"The tool's price is a bit high compared to other solutions."
"It is not the cheapest product on earth, but you get so much. It provides good value for money."
"The solution is quite expensive, if it is made cheaper then we can have more clients. I rate it four out of ten."
"Find a partner who will take responsibility for the implementation, and be available for support."
"The product has a license by the user. They're on par with other competitors."
"The licensing is expensive."
"They price it by the user. Before discounting, it is 2,500 or something like that."
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Top Industries

By visitors reading reviews
Computer Software Company
14%
Financial Services Firm
11%
Manufacturing Company
9%
Wholesaler/Distributor
7%
Educational Organization
19%
Manufacturing Company
10%
Financial Services Firm
10%
Computer Software Company
10%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
No data available
 

Questions from the Community

Is Board better than Anaplan as a Business Intelligence (BI) solution?
We've had several FP&A departments include Anaplan in their analytics discussions, and while BI information IS generated, the focus is generally on compiling input from various sources and simu...
What do you like most about Board?
All the reports are prepared automatically.
What needs improvement with Board?
Some of my company's customers are interested to see the predictive analytics part of the tool. Some customers would like to leverage or prioritize predictive analytics as the main feature, but som...
Seeking lightweight open source BI software
I advise you to try OneStream. This is a very good platform focused on reporting, consolidation and budgeting & forecasting.
What do you like most about OneStream XF?
It offers great ease of use. This impacts not only the end-user experience but also the administrator's, which affects the total cost of ownership.
What is your experience regarding pricing and costs for OneStream XF?
The product has a license by the user. They're on par with other competitors. One thing to consider is their relationship with Microsoft. They often push customers towards Azure, and Azure can get ...
 

Comparisons

 

Overview

 

Sample Customers

Coca-Cola, Puma, Desigual, Ricoh, KPMG, H&M, Groupe SEB
Fruit of the loom, Melrose, AAA, Valeo Foods
Find out what your peers are saying about Board vs. OneStream XF and other solutions. Updated: October 2024.
816,406 professionals have used our research since 2012.