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 (BPM) software helps organizations measure, analyze, and improve their performance. It provides a single view of an organization's data, so that users can track progress against goals, identify areas for improvement, and make informed decisions.
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.