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OneStream Software Receives Highest Scores in Three Use Cases in 2019 Gartner Critical Capabilities for Cloud Financial Close Solutions

Recognized with the highest scores for Global Organization, Large Organization and Upper Midsize Organization Use Cases

November 21, 2019 06:11 AM Eastern Standard Time

ROCHESTER, Mich.--()--OneStream Software, a leader in Corporate Performance Management (CPM) solutions for mid-sized to very large enterprises, has been scored in six use cases evaluated by Gartner in the 2019 Critical Capabilities for Cloud Financial Close Solutionsreport.

OneStream Software was recognized with the highest scores in the Global Organization, Large Organization and Upper Midsize Organization use cases and had one of the highest three scores in five of the six use cases.

The Critical Capabilities report covers 10 vendors and providers’ product and service offerings. It is a companion report to the 2019 Magic Quadrant for Cloud Financial Close Solutions2,” where OneStream Software was named a Leader.

“A growing list of customers, including some of the world’s largest enterprises, are digitally transforming finance with OneStream to become more agile and strategic. With our unified platform they streamline their financial close, consolidation and reporting cycles; align financial and operational planning in the same application and leverage built-in analytics and dashboards to make more informed business decisions with confidence. We believe our scores and rankings in Gartner’s Critical Capabilities for Cloud Financial Close Solutions validate our ability to address the needs of a wide variety of organizations from mid-sized companies to large and global organizations with diverse business units, sophisticated organization structures, and complex financial reporting requirements,” said Tom Shea, CEO of OneStream.

By unifying financial consolidation, reporting, planning and analysis in a single platform, OneStream customers are eliminating multiple point solutions and realizing significant savings in time and costs. Last month, OneStream extended its SmartCPM™ platform with built-in governed analytics that bring together financial and detailed operational data for improved business insights and also introduced new BI dashboards and visualization tools.

Download a complimentary copy of the 2019 Gartner Critical Capabilities for Cloud Financial Close Solutions here: https://info.onestreamsoftware.com/gartner-2019-critical-capabilities-for-cloud-financial-close-solutions.

1 Gartner Critical Capabilities for Cloud Financial Close Solutions, Robert Anderson, John Van Decker and Greg Leiter, 11 November 2019 
2 Gartner Magic Quadrant for Cloud Financial Close Solutions, Robert Anderson, John Van Decker, Greg Leiter, 21 October 2019 

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Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

John O'Rourke

John O’Rourke is Vice President of Product Marketing and Communications at OneStream Software. With a background in accounting and finance, John has over 30 years of experience in the software industry, including 20 years of experience in product marketing at Hyperion Solutions, Oracle and Host Analytics. He has worked with many customers and partners on financial reporting and planning initiatives and has spoken and written on many topics in corporate performance management. John has also held positions in strategic marketing and product marketing at Dun & Bradstreet Software, Kenan Systems and Decisyon. John has a BS in Accounting from Bentley University and an MBA from Boston College.