The users fall into two groups. The first is those looking for a consolidation solution to replace HFM, the Oracle product. HFM is aging out, and OneStream is a great fit as a replacement. The other group wants a single product solution for everything – forecasting, planning, consolidation, and reporting. They don't want to switch between multiple products, and they can do it all in OneStream. That 'one version of the truth' concept is what they're looking for.
Mostly, we're using it for consolidation, reporting, and some budgeting. It used to be a hybrid, but they have pushed most of their customers to the cloud now. They'll let people do on-premises if it has high security. For example, for the government or something like that, they will let it be on-prem, but for most commercial customers, it is just on the cloud now.
Business Performance Management solutions provide tools and systems designed to monitor, manage, and enhance an organization's business performance. They integrate various processes to drive better decision-making and strategic planning through data insights.Business Performance Management solutions typically include dashboards, reporting, analytics, and budgeting tools. They allow companies to align their strategy with performance objectives, ensuring more effective goal tracking and...
The users fall into two groups. The first is those looking for a consolidation solution to replace HFM, the Oracle product. HFM is aging out, and OneStream is a great fit as a replacement. The other group wants a single product solution for everything – forecasting, planning, consolidation, and reporting. They don't want to switch between multiple products, and they can do it all in OneStream. That 'one version of the truth' concept is what they're looking for.
We use OneStream XF for our organization's consolidation, planning, and budgeting.
Mostly, we're using it for consolidation, reporting, and some budgeting. It used to be a hybrid, but they have pushed most of their customers to the cloud now. They'll let people do on-premises if it has high security. For example, for the government or something like that, they will let it be on-prem, but for most commercial customers, it is just on the cloud now.