OneStream Expands AI Solutions and Introduces Navigation Center for Core Finance
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On Wed, 18 Sept, 4:05 PM UTC
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OneStream Builds on Applied Finance AI Solutions, Expands Innovations to Core Finance with OneStream Navigation Center and more By Investing.com
OneStream AI-Powered Anomaly Detection, Scenario Modeling, other expansions to Microsoft (NASDAQ:MSFT) partnership and Solution Exchange announced at OneStream Splash EMEA , /PRNewswire/ -- OneStream (NASDAQ: OS), the leading enterprise Finance management platform that modernizes the Office of the CFO by unifying core finance and operational functions " including financial close, consolidation, reporting, planning and forecasting, today announced at OneStream Splash EMEA a series of new developments, including AI Anomaly Detection, OneStream Navigation Center, among others, that build on its Sensible AI Portfolio and core finance innovations announced in May. "As economic volatility and evolving regulations continue, CFOs are being asked to do more than report on the past and need the technology and skills to strategically guide the business," said , CEO, OneStream. "We are pioneering the digitalization of core finance. This news is a testament to our leadership and focus on building purpose-built, AI-powered solutions that address the needs of today's Finance leaders." Sensible AI: Purpose-Built for Finance The OneStream Sensible AI portfolio, announced in May, is a set of packaged AI solutions that address pertinent needs of Finance leaders. They include Sensible ML, Sensible GenAI and Sensible AI Library forecasting and scenario planning. OneStream previewed the following AI capabilities added to this Sensible AI portfolio: Digitizing the Office of the CFO In May, OneStream announced several innovations focused on digitizing core finance, including expanding its partnership with Microsoft with OneStream Certified Power BI Connector. This week, OneStream previewed a series of new innovations to make it easier for Finance leaders to deploy, report and consume financial reporting. OneStream Splash EMEA brings together Finance leaders and experts within the Office of the CFO for three days to explore how Finance leaders can go beyond just reporting on past performance towards steering the business to the future. OneStream Splash is sponsored by OneStream global System Integrators, implementation, development and technology partners, including the following: To learn more about OneStream Splash EMEA, visit here. About OneStream OneStream is how today's Finance teams can go beyond just reporting on the past and Take Finance Further by steering the business to the future. It's the leading enterprise finance platform that unifies financial and operational data, embeds AI for better decisions and productivity, and empowers the CFO to become a critical driver of business strategy and execution. We deliver a comprehensive cloud-based platform to modernize the Office of the CFO. Our Digital Finance Cloud unifies core financial and broader operational data and processes and embeds AI for better planning and forecasting, with an extensible architecture, so customers can adopt and develop new solutions, achieving greater value as their business needs evolve. With over 1,400 customers, including 15% of the Fortune 500, more than 250 go-to-market, implementation, and development partners and approximately 1,400 employees, our vision is to be the operating system for modern finance. To learn more, visit onestream.com.
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OneStream Builds on Applied Finance AI Solutions, Expands Innovations to Core Finance with OneStream Navigation Center and more
OneStream AI-Powered Anomaly Detection, Scenario Modeling, other expansions to Microsoft partnership and Solution Exchange announced at OneStream Splash EMEA COPENHAGEN, Denmark, Sept. 18, 2024 /PRNewswire/ -- OneStream (NASDAQ: OS), the leading enterprise Finance management platform that modernizes the Office of the CFO by unifying core finance and operational functions - including financial close, consolidation, reporting, planning and forecasting, today announced at OneStream Splash EMEA a series of new developments, including AI Anomaly Detection, OneStream Navigation Center, among others, that build on its Sensible AI Portfolio and core finance innovations announced in May. "As economic volatility and evolving regulations continue, CFOs are being asked to do more than report on the past and need the technology and skills to strategically guide the business," said Tom Shea, CEO, OneStream. "We are pioneering the digitalization of core finance. This news is a testament to our leadership and focus on building purpose-built, AI-powered solutions that address the needs of today's Finance leaders." Sensible AI: Purpose-Built for Finance The OneStream Sensible AI portfolio, announced in May, is a set of packaged AI solutions that address pertinent needs of Finance leaders. They include Sensible ML, Sensible GenAI and Sensible AI Library forecasting and scenario planning. OneStream previewed the following AI capabilities added to this Sensible AI portfolio: Digitizing the Office of the CFO In May, OneStream announced several innovations focused on digitizing core finance, including expanding its partnership with Microsoft with OneStream Certified Power BI Connector. This week, OneStream previewed a series of new innovations to make it easier for Finance leaders to deploy, report and consume financial reporting. OneStream Splash EMEA brings together Finance leaders and experts within the Office of the CFO for three days to explore how Finance leaders can go beyond just reporting on past performance towards steering the business to the future. OneStream Splash is sponsored by OneStream global System Integrators, implementation, development and technology partners, including the following: To learn more about OneStream Splash EMEA, visit here. About OneStream OneStream is how today's Finance teams can go beyond just reporting on the past and Take Finance Further by steering the business to the future. It's the leading enterprise finance platform that unifies financial and operational data, embeds AI for better decisions and productivity, and empowers the CFO to become a critical driver of business strategy and execution. We deliver a comprehensive cloud-based platform to modernize the Office of the CFO. Our Digital Finance Cloud unifies core financial and broader operational data and processes and embeds AI for better planning and forecasting, with an extensible architecture, so customers can adopt and develop new solutions, achieving greater value as their business needs evolve. With over 1,400 customers, including 15% of the Fortune 500, more than 250 go-to-market, implementation, and development partners and approximately 1,400 employees, our vision is to be the operating system for modern finance. To learn more, visit onestream.com. View original content to download multimedia:https://www.prnewswire.com/news-releases/onestream-builds-on-applied-finance-ai-solutions-expands-innovations-to-core-finance-with-onestream-navigation-center-and-more-302250877.html
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OneStream, a leader in corporate performance management solutions, announces new AI-powered innovations and the launch of OneStream Navigation Center to enhance core finance operations.
OneStream Unveils New AI-Powered Innovations
OneStream, a leading provider of corporate performance management (CPM) solutions, has announced a significant expansion of its artificial intelligence (AI) capabilities and the introduction of the OneStream Navigation Center. These developments aim to revolutionize core finance operations and provide enhanced support for finance teams 1.
Expanding AI Solutions for Finance
Building on its existing Applied Finance AI solutions, OneStream is introducing new AI-powered innovations designed to streamline financial processes. These advancements include:
- AI-assisted account reconciliations
- AI-powered journal entry creation
- Enhanced variance analysis capabilities
These features are set to improve efficiency and accuracy in financial operations, allowing finance professionals to focus on more strategic tasks 2.
Introduction of OneStream Navigation Center
A key highlight of OneStream's latest innovations is the OneStream Navigation Center. This new feature serves as a centralized hub for finance teams, offering:
- Personalized dashboards
- AI-powered insights and recommendations
- Streamlined access to key financial processes and reports
The Navigation Center is designed to enhance user experience and productivity by providing a more intuitive and efficient way to navigate OneStream's comprehensive suite of financial management tools 1.
Empowering Finance Teams
OneStream's latest innovations are aimed at empowering finance teams to:
- Reduce manual work and errors
- Improve decision-making through AI-driven insights
- Increase overall productivity and efficiency in financial processes
By leveraging advanced AI technologies, OneStream is positioning itself as a leader in the digital transformation of finance departments across various industries 2.
Industry Recognition and Future Outlook
OneStream's commitment to innovation has not gone unnoticed. The company has been recognized as a leader in various industry reports, including the Gartner Magic Quadrant for Financial Planning Software and the Dresner Advisory Services' Wisdom of Crowds® Study 1.
As OneStream continues to expand its AI capabilities and introduce new features like the Navigation Center, the company is well-positioned to meet the evolving needs of finance professionals in an increasingly digital and data-driven business landscape.
Reference
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OneStream Recognized as Leader in Gartner Magic Quadrant for Financial Planning Software for Third Consecutive Year
OneStream, a leading enterprise finance management platform, has been named a Leader in the 2024 Gartner Magic Quadrant for Financial Planning Software for the third year in a row, highlighting its innovative AI-powered solutions and customer satisfaction.
2 Sources
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OneStream Software Poised for Growth Amid Rising Demand for AI-Driven Financial Solutions
OneStream Software, a leading provider of corporate performance management solutions, is experiencing strong market opportunities. Analysts are bullish on the company's potential for growth, citing increased demand for AI-driven financial planning and analysis tools.
2 Sources
2 Sources
OneStream Reports Strong Growth in Q2 2024 Financial Results
OneStream, a leader in corporate performance management solutions, announces impressive second quarter 2024 financial results, showcasing substantial revenue growth and customer expansion.
2 Sources
2 Sources
OneStream Receives Bullish Ratings from Wall Street Analysts
OneStream, a cloud-based corporate performance management software provider, has received positive coverage initiations from multiple Wall Street analysts. The company's strong platform and growth potential have been highlighted.
6 Sources
6 Sources
OneStream Announces Pricing of Initial Public Offering
OneStream Inc., a leading provider of corporate performance management solutions, has announced the pricing of its initial public offering (IPO). The company is set to go public, offering 19,000,000 shares of its Class A common stock at $23.00 per share.
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