What is Extensible Dimensionality?
Extensible Dimensionality is functionality developed by OneStream Software to enhance the Performance Management product set.The term is used
to describe a common problem for companies with different business units. The concept is to give different business units different dimensionality at deeper levels
while preserving a common higher level that can be used for corporate reporting.
In prior Performance Management systems, dimensions are common throughout an
application so a dimension is either inclusive of all necessary components or more often is trimmed to just what the common set of members is for the
entire company. This problem would lead to the development of multiple applications for different business units, offline models that devalued the
Performance Management investment or large dimensions that had only small interest to different groups.
Extensible Dimensionality allows for common hierarchies across business units within the same application for the same company. This allows companies to
better leverage their investment in Performance Management. Instead of having multiple applications companies can have their entire performance management
process inside a single application.
OneStream XF, deployable on-premise or in the cloud, unifies and simplifies financial consolidation and reporting, budgeting, planning and operational analytics for sophisticated enterprises and eliminates the need to learn, integrate and maintain multiple modules, silos or applications. OneStream aligns to your business needs and changes more quickly and easily than other performance management products by offering one platform and one model for all financial CPM solutions. The Unified Platform offers the required agility to run your business while dramatically driving down your total cost of ownership.
MindStream Analytics is a OneStream Platinum partner focused on corporate performance management (CPM) solutions. The team at MindStream has years of experience delivering innovative solutions to maximize and provide efficiency to an organizations strategic, operational and financial management processes. MindStream Analytics has developed a unique approach and methodology to help you deploy OneStream XF's SmartCPM platform efficiently using best practices for financial planning.
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