Thursday, November 21, 2024

OneStream Named Leader in 2024 Gartner Magic Quadrant for Financial Planning

OneStream , 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, has been recognized for the third consecutive year as a Leader in the Gartner ® Magic Quadrant ™ for Financial Planning Software. Gartner evaluated 16 financial planning software providers based on their Ability to Execute and Completeness of Vision and placed OneStream in the Leaders Quadrant.

“We are incredibly proud to be named leader in financial planning by a renowned analyst firm for the third time,” said Tom Shea, CEO at OneStream. “We know finance leaders are being asked to do more than report on the past. 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.”

A Trusted Name in Financial Planning 
The Gartner Magic Quadrant for Financial Planning Software is a market research report published by IT research and consulting firm Gartner. As Gartner states in the report, Leaders in the 2024 Gartner Magic Quadrant for Financial Planning Software “demonstrate a market-defining vision of how financial planning software can help FP&A leaders achieve their objectives of enhancing planning, budgeting and forecasting while integrating advanced analytics and AI capabilities.”

Also Read: Sling Money Launches in U.S., Enabling Instant Global Transfers

“Today’s FP&A transformation efforts focus on optimizing financial planning processes amid complex operations and diverse, decentralized ERP and operational systems. Organizations are increasingly seeking efficient, agile planning and management to respond to market changes, aiming for planning software that extracts on-demand, value added insights to help identify risks and opportunities crucial for driving financial value across the enterprise,” says Gartner in the Magic Quadrant for Financial Planning Software.

What OneStream Customers are Saying
In June, OneStream was also recognized by Gartner® Peer Insights™ as Customers’ Choice in Financial Planning Software. Gartner Peer Insights collects verified ratings and peer reviews. As of November 1, 2024, some of OneStream’s customers had posted the following reviews:

  • “Exceptionally helpful tool and knowledgeable team. Product has really helped us streamline our forecasting and planning.” Chief Financial Officer
  • “Customer comes first! The response time and support we get from the vendor is unmatched in my four decades of dealing with software vendors. We always are heard by OneStream.” Director, Financial Planning Systems

Modernizing Finance with New Innovations 
OneStream delivers the industry’s most comprehensive cloud-based platform to modernize Finance. In September, OneStream announced a series of innovations to the OneStream platform, including the OneStream Navigation Center, AI-powered anomaly detection and OneStream Sensible Machine Learning Scenario Modeling, that address the pertinent needs of finance leaders. Customers such as Polaris Inc. and Stake Center Locating are using OneStream to plan faster and drive agile decision-making with advanced analytics and AI-powered insights.

SOURCE: PRNewswire

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