The market for financial EPM solutions is changing. There’s an undeniable shift to the cloud, where functionality can be easily updated and there are no upfront hardware or maintenance fees. You’ve probably heard all the benefits of migrating to the cloud. There’s also a new trend in the market — new players have joined the game, disrupting EPM technology with unified platforms.
Read More
One of the perks that comes with choosing OneStream as a CPM platform is the growing number of free out-of-the-box solutions available for licensed customers within the XF MarketPlace. One of those solutions is People Planning.
People Planning allows you to plan for employee and contractor compensations, benefits, as well as travel and expenses. The solution gives you flexibility based on dashboards and SQL tables.
In this blog post, you’ll learn everything you need to know about People Planning with OneStream, including:
Organizations with a unified CPM platform manage all performance management data and processes with the same application software.
The driving force behind the unified CPM platform is to bring the finance office together with one tool that has many functions, while solving problems like data inconsistency. Most EPM suites on the market require some sort of data integration solution — but with a unified CPM platform, integration is a given. All the tools on the platform share the same data and metadata, whereas many EPM suites continue to have data conflicts after the integration solution is implemented.
This all sounds great, but how do you know for sure if this is something your organization could benefit from? The following assessment will help you answer that question.
Read More
OneStream Software, creator of the Microsoft-based unified CPM platform, just wrapped up its annual OneStream Splash user conference last week in Las Vegas. If you missed Splash or need a recap, read on and stay tuned for a series of new content from the CPM sessions.
In this blog post, we’ll give you an overview of the product announcements made at Splash — recent improvements, new features, and a sneak peek at what’s on the product roadmap.
Read More
Many businesses are still relying on manual methods to complete their account reconciliations — in fact, it’s almost two-thirds of corporations in the U.S. Using spreadsheets to complete your account reconciliations almost ensures inconsistent data and creates a major bottleneck in your monthly close cycle.
If you’re thinking about speeding up your account reconciliation process, but worried about integrating the tool with your source system — OneStream XF might be your solution. OneStream XF combines financial close and consolidation as well as planning and forecasting into one unified platform. Your account reconciliation solution can be downloaded straight from the XF MarketPlace — like downloading an app to your phone.
Read More
In our last post, we introduced you to the feature that makes OneStream a CPM trendsetter: the XF MarketPlace. Diving a little deeper, this post will cover how to use the XF Marketplace to enhance your planning and forecasting capabilities.
The XF MarketPlace enables you to customize your OneStream planning solution with four specialty solutions, including:
OneStream’s specialty planning solutions are free to download for every OneStream customer, allowing you to implement your solution with ease. This blog post will go through each specialty planning solution to help you better understand the benefits of planning, budgeting, and forecasting with OneStream XF. With these solutions, you’ll be able to plan for everything from employee compensation to capital investments.
We’ve already introduced you to OneStream XF and talked about how everything you need for CPM — financial consolidation and reporting; planning, budgeting, and forecasting; and account reconciliations — is available on one platform.
OneStream is a truly unique and innovative tool, which means it has some significant differences from the solutions you’re probably familiar with. One of those differences is the XF MarketPlace — one reason why OneStream has been called a trendsetter by industry leaders.
Read More
If you’ve been living in the Hyperion world, you’re used to having several EPM applications that require integration. Too often, improper integration results in an environment that’s difficult or time consuming to manage, applications with errors, and an organization that lacks confidence in the EPM system they’ve invested resources and capital in.
The experts at OneStream feel your pain — that’s why they’ve developed an all-in-one CPM platform with financial consolidation reporting, account reconciliations, and planning, budgeting, and forecasting. Understanding the challenges faced by finance professionals, the OneStream XF founders set out to increase the quality of financial data and to optimize financial reporting and analysis.
In this blog post, we’ll discuss what it truly means to have a unified performance management platform.
Read More
If you’ve been shopping around for an EPM solution or stay relatively informed of the goings-on in the industry, chances are you’ve heard about OneStream XF. This corporate performance management solution was created by Bob Powers, the inventor of Oracle Hyperion Financial Management (HFM), and Tom Shea, the founder and inventor of Oracle Hyperion Financial Data Quality Management (FDM).
If you didn’t know about the founders already, or if that’s the only thing you know, then this is the blog post for you. We’ll explain why the OneStream platform was developed and what’s different about it. Spoiler alert: core CPM capabilities, including financial consolidation, planning, and account reconciliations, live in one application for a simplified user experience.
Read More
