OneStream Budgeting
A Comprehensive Solution for Budgeting, Forecasting, and Modeling
OneStream's Corporate Performance Management (CPM) platform, originally recognized for its robust financial consolidation capabilities, has evolved to deliver a comprehensive solution for budgeting, forecasting, and financial modeling. This enhancement allows organizations already using OneStream for consolidations to maximize their investment by expanding into budgeting, forecasting, and planning applications, eliminating the need for multiple disconnected systems.
Key Benefits of OneStream Budgeting and Forecasting
- 1. Integrated Budgeting, Forecasting, and Modeling: OneStream enables users to manage budgeting and forecasting in the same system as their consolidations, reducing complexity and streamlining workflows. By using OneStream's Extensible Dimensionality , companies can leverage common dimensionality across different models, with flexibility to create purpose-specific hierarchies where needed.
- 2. Simplified Model Management: OneStream’s dimensionality-sharing capability means models can share data across financial close, long-term planning, and short-term budgeting applications without compromising on detail. This integration not only reduces maintenance but also allows faster model updates and enhancements.
- 3. Enhanced Flexibility with Hierarchy Extensions and Data Extensions: With hierarchy extensions and data extensions between scenarios, OneStream lets organizations build and manage models that reflect complex business structures and planning requirements without the backend complexity common to legacy solutions. Businesses can focus resources on identifying growth opportunities rather than managing infrastructure.
- 4. Deployment Flexibility: Cloud or On-Premises: OneStream is available either as a cloud-hosted solution or on-premises, giving organizations control over their implementation based on their preferences or regulatory needs.
MindStream Analytics brings deep expertise in OneStream implementations, enabling companies to fully leverage OneStream's powerful budgeting, forecasting, and consolidation capabilities. Partnering with MindStream can help your organization streamline financial processes and improve decision-making agility, setting you up for long-term financial planning success.
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OneStream CPM
OneStream aligns to your business needs and changes more quickly and easily than any other product by offering one platform and one model for all financial CPM solutions. OneStream employs Guided Workflows, validations and flexible mapping to deliver data quality confidence for all collections and analysis while reducing risk throughout the entire auditable financial process.