Igniting Innovation
Day two focused on innovation and driving the Finance function forward – with a keynote, new AI Hub, and then spotlight sessions on new innovations.
Vision Keynote
Tom Shea started the second day of OneStream Splash with a much-anticipated keynote that brought energy and excitement to the stage. He and guests addressed the strategic vision as the operating system for modern Finance. The focus was on how OneStream is driving financial transformation.
More Highlights
Mr. Shea unveiled 12 game-changing innovations that are leading Enterprise Finance AI, amplifying the core capabilities of the OneStream Platform, driving Finance-led operations and bringing more power to the platform:
- A portfolio of purpose-built AI solutions that will speed AI adoption for Finance leaders and empower the CFO to “Take Finance Further.”
“We’re redefining AI for Finance to address these challenges, creating trusted, secure and purpose-built solutions tailored to Finance pain points. Our new Sensible AI solutions announced today will increase Enterprise Finance AI adoption and help CFOs plan faster, forecast with greater accuracy and unlock new growth opportunities.”
Tom Shea, CEO of OneStream
- OneStream software’s Sensible GenAI (Preview) combines context and conversation into one powerful large language model chatbot to make GenAI impactful and sensible for Finance leaders. By pulling data from OneStream’s financial intelligence and a company’s own enterprise workflows and data structures, Finance can interact and query their own data “cubes” in plain English. This financially intelligent translator lets Finance accurately steer the business by gathering insights directly from financial and operational data within the secure OneStream interface.
- OneStream software’s Sensible Machine Learning (ML) Scenario Modeling capability builds on the initial OneStream Sensible ML solution. With this capability, companies can create real-time, AI-driven “what-if” forecasting scenarios using the company’s own enterprise information across operational and financial workstreams. Finance teams can isolate key business drivers, such as changes in interest rates, inflation, gas prices, new product introductions and plant shutdowns. Plus, teams can then validate the scenarios and test their impact across forecasting, operational planning, workforce planning, sales planning and other areas.
- OneStream software’s Sensible AI Library (Preview) puts the power of AI reporting into the hands of Finance without the need of a data scientist. With the Sensible AI Library, Financial Close and Consolidation and Financial Planning and Analysis teams can more easily use pre-built AI models to consume and interact with data across financial workflows. This capability allows teams to address key reporting and planning challenges, such as detecting anomalies, cold start forecasting, and fuzzy matching across a myriad of assets and locations.
- Infinity SPM Sales Performance Management (SPM) solution is an example of a partner leveraging the OneStream platform to extend beyond the CFO. The new SPM solution supercharges the ability to plan, manage and analyze sales performance across the enterprise. With SPM, organizations can exceed sales goals, align incentives, and transform forecasting, budgeting, and planning for growth.
- A new approach to narrative reporting that centralizes and accelerates the narrative assembly, analysis, review and approval processes – so organizations can be confident that their data and commentary are always accurate and in-sync.
- Enhanced user experience that provides users access to OneStream the way they want it – whether it’s through the Browser, Phone, Tablet, or Windows application (Microsoft or Apple).
Customer Transformation Stories
Leaders shared their success with OneStream software and how they have gained significant value – Sonoco shared how leveraging OneStream software’s Sensible ML increased accuracy, enabled stronger financial results, and improved financial guidance across the organization.
Microsoft Partnership
Shea and Alvaro Celis, Microsoft Vice President Global ISV Commercial Solution, discussed how the elevated OneStream-Microsoft partnership would empower Finance leaders to work better, faster and stronger – to steer the business and Take Finance Further.
“OneStream is in a position to really revolutionize the businesses, the way you’re able to simplify and consolidate data is transformational.”
Alvaro Celis, Microsoft
AI Hub Powered by Microsoft
Day two also introduced our new AI Hub. With non-stop action, the AI Hub was a center of activity for all things Enterprise Finance AI. The hub brought together people to watch live demos of AI solutions and participate in fireside chats with experts. Among the experts were folks from Microsoft, Citigroup, Grant Thorton, KPMG and others. Plus, attendees discussed applied use cases for AI across Finance.
Product Spotlights
Throughout the conference, many sessions showcased what’s new and what’s coming across OneStream’s solutions. Attendees watched live demos and got a comprehensive look at how the new enhancements could be applied to attendees’ own organizations. For example, attendees learned about the PowerBI connector, platform enhancements, Finance-led operations and AI services.