OneStream Software for Corporate Performance Management
OneStream software can significantly improve corporate performance management (CPM) by streamlining your financial planning, budgeting, forecasting, reporting, and consolidation processes when supplemented with a certified OneStream software consultant.
UNIFIED SOLUTION
Corporate Performance Management
OneStream software improves corporate performance management (CPM) by offering a unified platform that integrates financial consolidation, budgeting, planning, reporting, and analysis. The consolidation of accounting and finance functions into one system reduces issues with data that come from human error from entry or from using disparate systems. When corporations centralize operations with OneStream, a consultant can work to ensure accurate, more consistent financial data to make it easier for you to track performance.
With exacting implementation, the platform can enhance your real-time analytics and reporting capabilities, which will allow you to monitor key performance indicators (KPIs) and gain actionable insights right away because OneStream software streamlines financial consolidation and automates manual tasks to improve speed and accuracy. All that works to ensure compliance with regulatory requirements, support advanced forecasting and budgeting, align your financial strategies with market changes, and improve financial planning accuracy.
As a cloud-based solution, OneStream software is scalable, flexible, and cost-efficient. This enables businesses to grow without the need for complex IT infrastructure. Still, OneStream encourages collaboration across departments to ensure alignment between finance, operations, and strategy to improve operational efficiency.
CORPORATE PERFORMANCE MANAGEMENT
STREAMLINE CPM FUNCTIONS
OneStream software helps companies become more profitable by streamlining and automating key corporate performance management functions, which include but not limited to financial consolidation, planning, budgeting, forecasting, and reporting. By integrating these processes into a single platform, OneStream reduces inefficiencies, ensures data accuracy, and provides real-time insights into financial performance. The software’s advanced analytics and forecasting capabilities enable users to make data-driven decisions, optimize resource allocation, and align financial strategies with market conditions. This leads to better budgeting, improved cash flow management, and more agile decision-making that ultimately enhances your organization’s profitability.
OneStream Software for Better Financial Performance and Strategic Growth
Unified Platform for Multiple Functions
OneStream integrates various CPM functions (financial consolidation, budgeting, planning, reporting, analysis) into a single platform to eliminate the need for manual work and siloed tools, which can lead to inefficiencies, data discrepancies, and unnecessary complexity.
Consistent, More Accurate Data
With OneStream software all financial data is consistent throughout your company with built-in validation and governance capabilities that you can trust. Financial reports are then based on accurate, up-to-date information that is crucial for making informed business decisions and maintaining compliance with accounting standards.
Real-Time Analytics + Reporting
Powerful analytical tools in the OneStream platform allows you to analyze financial performance in real time With dashboards and interactive reporting, associates can monitor key performance indicators (KPIs) to gain actionable insights that drive strategic decisions to help you be more agile in responding to market changes and improving overall performance.
Streamlined Financial Consolidation
Financial consolidation is often one of the most complex and time-consuming processes for medium to large organizations. OneStream software can simplify this by automating the consolidation of your data to eliminate the need for spreadsheets and manual entries, reducing errors and ensuring timely reporting.
Better Forecasting and Budgeting
OneStream software supports advanced forecasting and budgeting processes to allow your businesses to create more accurate and detailed plans. The software’s integration with real-time data and historical trends helps you make better predictions and align financial strategy with changing market conditions.
Scalable + Flexible
The software that drives the OneStream platform is designed to scale with the needs of a growing business. As you expand, OneStream can handle increasingly complex data or requirements. It is flexible enough to accommodate a wide spectrum of industries, business models, or regulatory environments.
Enhanced Collaboration Company-wide
As a centralized system for data and financial processes, OneStream software encourages collaboration between atypical departments (i.e. marketing vs accounting). With a single platform, those potentially combative teams can work together more effectively to ensure alignment of business goals and performance.
Compliance & Auditability
With a solid implementation, OneStream software delivers comprehensive audit trails and compliance features to help your company stay in line with financial regulations. OneStream’s built-in features for maintaining transparency and governance ensure that all financial processes are auditable and compliant with standards such as GAAP, IFRS, and SOX.
Deployed in The Cloud
As a cloud-based platform, OneStream software offers greater flexibility in terms of deployment, accessibility, and maintenance. Your teams or individual associates can access the software from anywhere to reduce the need for on-premises infrastructure or IT maintenance. Cloud deployment also ensures that updates and new features are delivered seamlessly.
Cost Efficiency
OneStream software helps companies reduce costs by automating manual processes, improving collaboration, and reducing reliance on legacy systems. With a unified platform, you will save on the cost of maintaining multiple systems, while also improving operational efficiency.
DRIVE PROFITABILITY
OneStream CPM Consulting Opportunities
A OneStream software consultant can help companies better utilize the platform by providing expert guidance on how to effectively implement, configure, and optimize the software to meet your specific needs. Certified consultants assist in aligning OneStream’s capabilities with your goals to ensure that financial consolidation, planning, forecasting, and reporting processes are integrated seamlessly.
OneStream CPM Training
Experienced OneStream consultants can also train your team on best practices to help associates maximize the software’s potential with real-time analytics, dashboards, and forecasting tools. Ultimately this improves decision-making and performance management.
OneStream CPM Support
Ongoing support, troubleshooting, and advice on how to leverage new updates and features will ensure the software continues to evolve with your changes or growth, as well as any external industry changes.