OneStream Recognized as Leader in Gartner Magic Quadrant for Financial Planning Software for Third Consecutive Year

OneStream Achieves Leader Status in Gartner Magic Quadrant

OneStream, a prominent enterprise finance management platform, has been recognized as a Leader in the 2024 Gartner Magic Quadrant for Financial Planning Software for the third consecutive year 1

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. This prestigious acknowledgment underscores OneStream's consistent excellence in the financial planning software market.

Gartner's Evaluation and OneStream's Position

Gartner, a renowned IT research and consulting firm, evaluated 16 financial planning software providers based on their Ability to Execute and Completeness of Vision. OneStream secured its position in the Leaders Quadrant, demonstrating its market-defining vision and capability to help FP&A leaders enhance planning, budgeting, and forecasting processes while integrating advanced analytics and AI capabilities 1

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CEO's Perspective on the Achievement

Tom Shea, CEO of OneStream, expressed pride in the company's recognition, stating, "We are incredibly proud to be named leader in financial planning by a renowned analyst firm for the third time. We see today's news as another proof point to how we are keeping Finance leaders ahead of uncertainty and helping them become more strategic than ever" 1

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Customer Satisfaction and Recognition

OneStream's success is further validated by its recognition as Customers' Choice in Financial Planning Software by Gartner Peer Insights in June 2024. Customer reviews highlight the platform's effectiveness in streamlining forecasting and planning processes, as well as the exceptional support provided by the OneStream team 1

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Innovations in Financial Planning Software

In September 2024, OneStream announced several innovations to its platform, including:

1. OneStream Navigation Center
2. AI-powered anomaly detection
3. OneStream Sensible Machine Learning Scenario Modeling

These advancements aim to address the evolving needs of finance leaders, enabling faster planning and agile decision-making through advanced analytics and AI-powered insights 1

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Market Trends and OneStream's Positioning

Gartner's report emphasizes the current focus of FP&A transformation efforts on optimizing financial planning processes amid complex operations and diverse, decentralized ERP systems. OneStream's comprehensive cloud-based platform aligns with the market's demand for efficient, agile planning and management solutions that can extract on-demand, value-added insights to identify risks and opportunities 1

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OneStream's Market Presence and Vision

With over 1,500 customers, including 15% of the Fortune 500, OneStream has established a significant market presence. The company's vision is to become the operating system for modern finance, offering a Digital Finance Cloud that unifies core financial and operational data and processes while embedding AI for enhanced planning and forecasting 1

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As organizations continue to seek advanced financial planning solutions, OneStream's recognition in the Gartner Magic Quadrant reinforces its position as a leading provider of AI-powered financial management tools, catering to the evolving needs of CFOs and finance teams in an increasingly complex business environment.