2019 CPM Value Matrix projects OneStream to outpace market in
functionality and usability
ROCHESTER, Mich.–(BUSINESS WIRE)–OneStream
Software LLC, simplifying finance processes for leading enterprises
worldwide, has been named a Leader in the 2019 Nucleus Research Value
Matrix for CPM software. OneStream was recognized as a Leader due to its
comprehensive breadth of CPM functionality, Nucleus noted in the report.
“OneStream is well-positioned to penetrate the legacy CPM customer base,
thanks to the unified nature of its platform and simplicity of its cloud
transitions. Its comprehensive suite of functionality should also be
attractive for customers who wish to consolidate their planning and
performance management systems into one platform,” said Andrew
MacMillen, analyst at Nucleus Research.
OneStream’s high ranking is based on its strong financial close,
consolidation and reporting capabilities combined with planning,
forecasting and analysis solutions, all on a single platform.
OneStream’s XF Marketplace further extends the value of the platform
with more than 50 downloadable applications that have been tested and
optimized for OneStream customers. These include solutions for tax
provisioning, specialty planning and lease accounting.
“OneStream Software is pleased to be recognized by Nucleus Research as a
leader in the CPM market. We continue to receive some of the highest
rankings for both ease of use and functionality and this directly
translates to delivering on our mission of 100% customer success. This
is fueling our growth, as a growing number of enterprises replace
multiple Oracle Hyperion, SAP and IBM legacy products with a single,
unified OneStream platform – and extend their CPM deployments across the
enterprise,” said Tom Shea, CEO at OneStream Software.
OneStream Software recently announced a
significant investment from KKR to support and accelerate future
growth and expansion. The company achieved 137
percent year-over-year growth in software sales and record profitability
The Value Matrix is based on functionality and usability, the two core
measures that Nucleus has found indicate an application’s ability to
deliver initial ROI and maximum value over time. To see the full report,
go to https://info.onestreamsoftware.com/nucleus-research-cpm-technology-value-matrix-report-2019
About OneStream Software
OneStream Software provides a modern Corporate Performance Management
solution that unifies and simplifies financial consolidation, planning,
reporting, analytics and financial data quality for sophisticated
organizations. Deployed in the cloud or on-premise, OneStream XF is one
of the first and only solutions that delivers corporate standards and
controls, with the flexibility for business units to report and plan at
additional levels of detail without impacting corporate standards – all
through a single application.
XF MarketPlace features downloadable solutions that allow customers
to easily extend the value of their CPM platform to quickly meet the
changing needs of finance and operations. OneStream was named to the
2018 Deloitte Fast 500 ranking in North America.
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