OneStream Recognized as Exemplary in ISG Record to Report Buyers Guide

In today’s dynamic economic landscape, the Record to Report (R2R) process is more than just the financial close — it’s a strategic engine that drives transparency, compliance, and effective decision-making. The newly released 2025 ISG Buyers Guide for Record to Report solutions sheds light on the latest challenges, innovations, and standout performers in this critical domain, including OneStream, which was named Exemplary with the highest overall rating in Financial Close, Consolidation, and overall Record to Report.

What is Record to Report and Why Does It Matter?

The R2R cycle encompasses the end-to-end process of finalizing and summarizing financial activities for a given accounting period—typically monthly, quarterly, or annually. It includes recording transactions, reconciling accounts, consolidating financial data, closing the books, and producing accurate financial statements and management reports.

For enterprises, R2R is more than just a compliance exercise. It’s a strategic enabler that:

• Ensures financial transparency and accountability
• Supports timely decision-making
• Enhances investor confidence
• Enables regulatory compliance across jurisdictions

Key Challenges and Trends in R2R

ISG’s 2025 Record to Report Buyers Guide highlights several pressing challenges facing finance teams, including:

• Increasing complexity due to diverse payment methods, proliferating legal entities, and evolving reporting standards.
• Staff shortages and hybrid work environments that strain traditional close cycles.
• Fragmented systems that hinder consolidation and reporting across multiple ERP platforms.

These challenges are driving increasing adoption and upgrades of R2R solutions for financial close, consolidation, and reporting by many mid-sized to large enterprises. In fact, ISG Research asserts that by 2028, one-half of midsize and larger enterprises will use close management software to speed the close and achieve greater control of the process. 

To address the challenges highlighted above, R2R software providers are integrating advanced capabilities, such as:

• Workflow automation
• Real-time integration with source systems
• Support for multiple accounting standards, including ESG reporting requirements
• Secure collaboration tools and centralized document storage
• AI-powered automation and GenAI-driven insights 

These innovations help enterprises streamline the R2R process, accelerate financial close and reporting cycles, reduce errors, and deliver more accurate financial and operating results.

ISG’s Evaluation and Why OneStream Stands Out

ISG evaluated 23 software providers across three platform categories: Record to Report, Financial Consolidation, and Financial Close. They used seven rigorous criteria spanning product and customer experience:

• Product Experience: Usability, Manageability, Reliability, Capability, Adaptability
• Customer Experience: Validation, Total Cost of Ownership/Return on Investment (TCO/ROI)

OneStream’s financial close software was recognized as Exemplary in all three platform categories, earning the highest overall scores in both Product and Customer Experience in each category.

Highlights from the ISG Report

• Record to Report: OneStream received the highest overall score, followed by Blackline and Oracle. OneStream had Leading scores in all seven evaluation criteria.
• Financial Consolidation: Again, OneStream topped the list, followed by Oracle and Board.
• Financial Close: OneStream again led with the highest overall score, outperforming BlackLine and Oracle.

This recognition underscores OneStream’s commitment to delivering a unified, AI-powered, extensible platform that empowers finance teams to “Take Finance Further” with faster close cycles, cleaner audits, and complete confidence in the numbers. 

Dig Deeper into ISG’s Buyers Guide

The 2025 ISG Buyers Guide confirms what many finance leaders already know: OneStream is redefining what’s possible in Record to Report with a unified platform that provides full support for financial close, consolidation, reporting and analytics, account reconciliations, transaction matching, ESG reporting, and more.

By combining deep functionality, intuitive design, and a relentless focus on customer success, OneStream is helping enterprises transform their finance operations into engines of strategic growth.

To explore the full ISG report and learn more about OneStream’s leadership in R2R, download a complimentary copy of the ISG Buyers Guide for Record to Report solutions here.

https://www.onestream.com/resources/isg-record-to-report-buyers-guide/