OneStream Splash 2024: Recap and Highlights

That's a wrap! OneStream Splash finished up in fabulous Las Vegas – bringing together industry experts, customers and partners to experience the future of Enterprise Finance. At Splash, we shared announcements of major innovations, our new AI Hub, customer success stories and so much more. Attendees experienced what's possible when organizations have the access, insights and capabilities needed to Take Finance Further™.

In this blog post, we share a daily recap of Splash. The recap highlights key opportunities customers had to elevate their Finance teams with strategies to enhance financial operations and build valuable connections.

Day 1: Setting the Stage for the Future of Finance

Day one brought Finance professionals together and provided a foundation of practical knowledge to help Take Finance Further™.

Executive Summit

To kick things off, OneStream Splash started with an insightful Executive Summit for Finance leaders. The group connected and discussed the key topics reshaping Finance teams – enterprise AI, the Finance talent crunch, the need to modernize the Finance function and more. Highlights include Finit Solutions showcasing customer success stories with Nasdaq, Sherwin-Williams and Johnson Controls. Specifically, the panel discussed modernizing their Finance processes to take the Office of the CFO into the next decade.

The day also included a thought leadership session from PwC. In the session, PwC discussed the crucial role of analytics, AI and ML within the CFO organization. The focus was especially on how digital Finance solutions such as OneStream help navigate the transformation to a core AI-enabled system. Throughout the day, Finance leaders gained practical insights into leveraging technology to help drive efficiency and strategy.

Hands-on Workshops

In a series of interactive workshops, attendees had the opportunity to dive deep into specific topics and gain practical skills. These interactive sessions covered everything from advanced modeling techniques to optimizing dashboards, ensuring that participants left with actionable insights and new expertise.

Partner Summit

The Partner Summit was an excellent opportunity for partners to come together and hear from OneStream's alliance and sales leadership. Partners gained new insights in several talk tracks and panel discussions (see Figure 1). Highlights from the discussions include, previews of new innovations, sales and marketing priorities, best practices in supporting the Office of the Customer through collaboration and training and supporting the long-term success of OneStream's alliance partnerships.

In addition, Al Chiaradonna, an innovative, action-oriented global executive and Board Director, provided an excellent thought-leadership overview on creating capacity for yourself and your business.

Day 2: Igniting Innovation

Day two focused on innovation and driving the Finance function forward – with a reimagined keynote, new AI Hub and spotlight sessions on new innovations.

Vision Keynote

Tom Shea kicked off the second day of Splash with a much-anticipated keynote (See Figure 2). Bringing energy and excitement to the stage, Tom and guests addressed the strategic vision as the operating system for modern Finance. The focus was especially on how OneStream is driving financial transformation.

Here's a list of the biggest highlights:

Game-changing innovations: Mr. Shea unveiled 12 major innovations that are leading Enterprise Finance AI, amplifying the core capabilities of the OneStream Platform, driving Finance-led operations and bringing more power to the platform. Here's a quick rundown of some of those innovations:

• A portfolio of purpose-built AI solutions that will speed AI adoption for Finance leaders and empower the Office of the CFO to Take Finance FurtherTM (see Figure 3).

"We're redefining AI for Finance to address these challenges, creating trusted, secure and purpose-built solutions tailored to Finance pain points. Our new Sensible AI solutions announced today will increase Enterprise Finance AI adoption and help CFOs plan faster, forecast with greater accuracy and unlock new growth opportunities." – Tom Shea, CEO of OneStream.

Here are some of the new OneStream Sensible AI solutions announced:

• OneStream Sensible GenAI (Preview) combines context and conversation into one powerful large language model chatbot to make GenAI impactful and sensible for Finance leaders. By pulling data from OneStream's financial intelligence and a company's own enterprise workflows and data structures, Finance leaders can interact and query their own data "cubes" in plain English. This financially intelligent translator lets Finance leaders accurately steer the business by gathering insights directly from financial and operational data within the secure OneStream interface.
• OneStream Sensible Machine Learning (ML) Scenario Modeling capability builds on the initial OneStream Sensible ML solution. With this capability, companies can create real-time, AI-driven "what-if" forecasting scenarios using the company's own enterprise information across operational and financial workstreams. Finance teams can isolate key business drivers, such as changes in interest rates, inflation, gas prices, new product introductions and plant shutdowns. Plus, teams can then validate the scenarios and test their impact across forecasting, operational planning, workforce planning, sales planning and other areas.
• OneStream Sensible AI Library (Preview) puts the power of AI reporting into the hands of Finance leaders, without the need of a data scientist. With the Sensible AI Library, Financial Close and Consolidation and Financial Planning and Analysis teams can more easily use pre-built AI models to consume and interact with data across financial workflows. This capability allows teams to address key reporting and planning challenges, such as detecting anomalies, cold start forecasting, and fuzzy matching across a myriad of assets and locations.
• Infinity SPM Sales Performance Management (SPM) solution is an example of a partner leveraging the OneStream platform to extend beyond the Office of the CFO (see Figure 4). The new SPM solution supercharges the ability to plan, manage and analyze sales performance across the enterprise. With SPM, organizations can exceed sales goals, align incentives, and transform forecasting, budgeting, and planning for growth.

• A new approach to narrative reporting that centralizes and accelerates the narrative assembly, analysis, review and approval processes – so organizations can be confident that their data and commentary are always accurate and in-sync.
• Enhanced user experience that provides users access to OneStream the way they want it – whether it's through the Browser, Phone, Tablet, or Windows application (Microsoft or Apple).

Customer transformation stories: Leaders also shared their success with OneStream and how they have gained significant value. For instance, Sonoco shared how leveraging OneStream's Sensible ML increased accuracy, enabled stronger financial results and improved financial guidance across the organization.

Microsoft partnership: Shea and Alvaro Celis, Microsoft Vice President Global ISV Commercial Solution, discussed how the elevated OneStream-Microsoft partnership would empower Finance leaders to work better, faster and stronger – to steer the business and Take Finance Further™ (see Figure 5).

"OneStream is in a position to really revolutionize the businesses, the way you're able to simplify and consolidate data is transformational." – Alvaro Celis, Microsoft

AI Hub powered by Microsoft

Day two also introduced our new AI Hub. With non-stop action, the AI Hub was a center of activity for all things Enterprise Finance AI (see Figure 6). The hub brought together people to watch live demos of AI solutions and participate in fireside chats with experts. Among the experts were folks from Microsoft, Citigroup, Grant Thorton, KPMG and others. Plus, attendees discussed applied use cases for AI across Finance.

Product Spotlights

Throughout the conference, many sessions showcased what's new and what's coming across OneStream's solutions. Attendees watched live demos and got a comprehensive look at how the new enhancements could be applied to attendees' own organizations. For example, attendees learned about the PowerBI connector, platform enhancements, Finance-led operations and AI services.

Day 3: Expanding Capabilities

Whether exploring how to leverage OneStream in new ways or breaking the barriers of attendees' personal and professional lives, day three focused on expanding the capabilities of today.

Spotlight Keynote

On day three, attendees came together to hear a truly inspirational speaker, Erik Weihenmayer. Weihenmayer is a renowned adventurer and motivational speaker. In this session, Erik shared his remarkable life story marked by achievements, including being the first to summit Mount Everest as a blind person. He also shared his perspective on leadership, teamwork, perseverance and the power of the human spirit – motivating the audience to live a no-barriers life.

OneStream Innovation Village & Partner Showcase

Throughout Splash, attendees explored the expo hall, which included the OneStream Innovation Village and Partner Showcase (see Figure 7). Participants spent time at dedicated booths digging deeper into our unified modern Finance platform with product demos highlighting new innovations. In addition, attendees connected with experts for personalized insights and solutions guidance on how features and solutions can be applied to attendees' own operations.

Women in Finance Breakfast

Day three included an inspiring discussion at our Women in Finance panel on driving change within the organization. Panelists shared their experiences in the Finance field and inspirational messages for women seeking to further their own career in the Office of Finance and elsewhere.

Partner Awards

Celebrating our fantastic partners, we concluded the day-three sessions with our Partner Innovation Awards. During our highly anticipated awards session, we recognized partners and customers who have demonstrated exceptional execution of our OneStream technology and have been instrumental in their financial journey. The awards, including the prestigious Power of the Platform, Finance Transformation, and Partner Innovation Award, are a testament to the transformative power of our technology and the strategic partnerships we have forged. And the winners are...

• Power of the Platform Award: Finit. Rob Cybulski, CEO of Finit noted in their press release, "This recognition is a testament to our commitment to delivering tailored, cutting-edge solutions that help our clients transform their financial operations and achieve strategic success. We look forward to continuing our journey of innovation and excellence in partnership with OneStream."
• Finance Transformation Award: The Hackett Group. As noted in The Hackett's Group press release, "The Hackett Group's collaboration with OneStream Software and Pella demonstrated their innovation and expertise in fully leveraging the OneStream platform for breakthrough results. This recognition was earned by integrating and unifying Pella's financial operations into a single, cohesive platform. The Hackett Group consolidated all budgeting, profitability, forecasting, tax reporting, and lease accounting processes while strategically improving Pella's financial planning and reporting."
• Partner Innovation Award: PwC. This award was granted to PwC because they leveraged the platform most innovatively. By redesigning AlPunto's model and preparing them for their future, AlPunto, was able to use OneStream to unify their models and do a complete profitability process with millions of allocations a month.

Day 4: Customer Success

Customer success is at the core of our mission and drives everything we do at OneStream. At Splash, we showcased our amazing customers and the remarkable results they have achieved.

Throughout the conference, including day four, over 40 customer stories were shared in interactive panels and sessions (see Figure 8). The sessions resonated with Finance leaders as companies shared how OneStream transformed their financial operations, from streamlining budgeting processes to enhancing analytics capabilities. Some of the stories highlighted included Sandals Resorts, Best Buy and Citi. These stories provided tangible examples of how OneStream can drive significant improvements in financial performance and strategic planning.

Conclusion

As the Finance landscape continues to evolve, the connections and knowledge Finance leaders gained at Splash will be invaluable in navigating future challenges and opportunities.

Thank you to all our amazing sponsors, speakers and customers that made this event possible. Fueled by our commitment to customer success, Finance and technology, the Splash experience is truly unmatched.

See you next year in Nashville, Tennessee!

Learn More

To learn more about how to Take Finance Further™, visit our website at onestream.com.