New Analytic Blend capability brings together financial and operational data for improved business insights
ROCHESTER, Mich.–(BUSINESS WIRE)–OneStream Software, a leader in Corporate Performance Management (CPM) solutions for the mid-sized to very large enterprise, today announced the availability of the latest release of its OneStream XF platform. The release features a unique new Analytic Blend capability that empowers the Office of the CFO to quickly blend detailed operational and transactional data with the trusted financial data already managed in the OneStream XF platform.
“Finance is increasingly being asked to be a more strategic partner with the business. But most CPM suites and platforms are limited in their ability to manage large volumes of detailed financial, operational, and transaction data in one place,” said Tom Shea, CEO of OneStream Software. “Analytic Blend gives the finance organization the ability to bring all this data together and leverage all the financial intelligence and control that the OneStream XF platform is known for. Our built-in governed analytics reduce reliance on third-party BI tools, reduce data latency, and ensure governance and security. It allows finance and their business partners to analyze without compromise.”
Governed Analytics for Accurate Data and Deeper Insights
Analytics, business intelligence and visualization have emerged as top drivers for businesses seeking to digitally transform finance. As finance teams become more strategic and forward-looking, they require solutions that both provide detailed insight into finance and operations, with the ability to quickly share these insights with other decision makers across the organization. With Analytic Blend and new built-in self-service dashboards and analytics, finance and business users can have all the information they need for deep business insights and decision-making in a secure, controlled environment.
“Our 2019 Wisdom of Crowds research reveals that the top 5 BI initiatives include reporting, dashboards, visualization, data integration and end-user self-service, with an increased importance placed on collaboration and governance to create an environment where users can easily create and share insights in a managed and consistent fashion,” said Howard Dresner, founder and chief research officer, Dresner Advisory Services. “Finance and line-of-business users within larger enterprises are looking for these governance and analytics features to facilitate the broader adoption of BI and analytics throughout their organizations.”
“The new OneStream BI Dashboards will make it easy for finance and line-of-business analysts to quickly create interactive visualizations on key business metrics that our leaders can use to make decisions and drive profitable action. Having this ability in our unified OneStream XF platform will reduce reporting latency, and retain security and governance over critical business information,” said Rachel Murphy, manager of financial planning and analysis for Guardian Glass.
The new analytics, BI and visualization features are all available immediately as part of the fall 2019 release of the OneStream XF platform. To learn more, join our upcoming webinar titled “Taking Data-Driven Decision Making to the Next Level with Governed Analytics” on October 29. Register here: https://info.onestream.com/-taking-data-driven-decision-making-to-the-next-level-with-governed-analytics
About OneStream Software
OneStream Software provides a modern Corporate Performance Management solution that unifies and simplifies financial consolidation, planning, reporting, analytics and financial data quality for sophisticated organizations. Deployed in the cloud or on-premise, OneStream XF is one of the first and only solutions that delivers corporate standards and controls, with the flexibility for business units to report and plan at additional levels of detail without impacting corporate standards – all through a single application.
The OneStream XF MarketPlace features downloadable solutions that allow customers to easily extend the value of their CPM platform to quickly meet the changing needs of finance and operations. OneStream was named to the 2019 Inc. 5000 as one of the top 700 fastest-growing companies in North America. Learn more at www.onestream.com