By Nicholas Cox April 8, 2025
Today, organizations require robust systems and processes across all levels to drive performance improvement, achieve operational excellence, and sustain competitive advantages in dynamic business environments. Enterprise performance management (EPM) software provides such a system.
EPM software forms a management layer above all transaction systems. For organizations seeking to successfully handle the non-forgiving complexities of growth and change, EPM thus offers the necessary level of agility and visibility. Having an effective management layer in place allows organizations to upgrade or replace underlying enterprise resource planning/general ledger (ERP/GL) systems. And the process can be done without disrupting critical management processes, such as planning and reporting, during the transition period.
In this blog post, we compare two of the top contenders in the market — OneStream and Oracle EPM Cloud. While both offer powerful tools for financial consolidation, reporting, and planning, OneStream consistently emerges as the superior solution for organizations seeking a unified, future-proof platform.
Let’s dive into a comparison of these two corporate performance management (CPM) solutions, and explore why OneStream is the clear choice for modern CFOs and finance teams.
Unified Platform vs. Multiple Products
One of the most significant advantages of OneStream is its unified platform powered by artificial intelligence (AI). With OneStream, all CPM processes — planning, budgeting, forecasting, financial consolidation, account reconciliations, reporting, and analytics — are seamlessly unified into a single application. This unification eliminates the need for multiple modules, instances, or add-ons, which reduces complexity and enhances the user experience.
OneStream comes with a built-in data quality engine and easily connects to any underlying source, meaning finance is in control. This strong, flexible foundation in data quality is not only ERP and source system agnostic, but also as real-time as needed, with drill down and drill back to any source. As a result, OneStream provides auditability across all close, planning, reporting, and analysis processes and facilitates actionable insights behind every number.
In contrast, Oracle EPM Cloud consists of a suite of products, such as Oracle Planning and Budgeting, Financial Consolidation and Close, and others. While these tools are effective individually, integrating them can be challenging, leading to higher implementation costs and ongoing maintenance.
The fragmented software approach and technical processes create an added administrative burden on the finance team. For instance, finance must move and reconcile data, manage metadata, monitor data latency, and manage security between fragmented products or models. Many organizations are instead now actively trying to move away from multiple separate CPM applications to streamline the processes and provide a single source of truth.
The OneStream Advantage
- Simplified architecture with a single AI-powered platform for all CPM needs.
- Faster implementation and lower total cost of ownership (TCO).
- No data silos — users work with one source of truth.
Customizable vs. Configurable
Oracle EPM Cloud takes a “configurable” approach, which limits customization to predefined functionalities. Despite streamlining the initial setup, this approach often forces organizations to adjust their processes to fit the tool rather than the other way around.
OneStream offers a more customizable and extensible platform, empowering organizations to tailor the solution to their unique needs. With OneStream, organizations can deliver flexible corporate standards and controls. This flexibility allows business units to report and plan at additional levels of detail without impacting the corporate standard — all through a single platform.
Through the OneStream Solution Exchange, users can access over 100 pre-built solutions (e.g., tax provisioning, account reconciliations, machine learning solutions) to extend the platform’s capabilities. And users can do it all without compromising performance.
The OneStream Advantage:
- Greater flexibility to adapt to changing business requirements.
- A growing library of Solution Exchange solutions that reduce the need for custom development.
Superior User Experience and Support
Oracle’s cloud solutions have made strides in usability, but many organizations still cite challenges with its interface and the learning curve required for new users. Additionally, Oracle’s support is often segmented across its different EPM modules, which can lead to delayed resolutions for critical issues.
Conversely, OneStream is designed with end-user experience in mind. The intuitive interface ensures faster adoption and employs a customer support model built around the unified platform, offering quicker and more effective assistance.
OneStream believes support is the key to customer success. Accordingly, customer support services are part of the subscription license fee and include the account team. The services also include a customer success manager who arranges regular update sessions, keeps customers up to date with product roadmaps, and acts as a point of escalation if required. In addition, OneStream’s Support Portal provides the capability to submit support requests, ask for product enhancements, and access to a knowledge base, documentation, and FAQs.
The OneStream Advantage:
- Intuitive user interface designed for finance professionals.
- Faster issue resolution through centralized support.
- Dedicated customer success team to handle issues and updates.
Real-Life Success Story: Ingram Micro
Ingram Micro, one of the world's largest technology distributors, was challenged by their complex environment of fragmented Hyperion solutions.Specifically, fragmented data, delays in financial reporting and concerns about the accuracy of profitability reporting hampered the ability to evaluate new opportunities.
After evaluating several options, including Oracle EPM Cloud, Ingram Micro chose OneStream. The results?
- Reduced allocations cycle time by 90+%.
- Consolidated Multiple ERP systems across 200+ entities into a single platform.
- Enhanced the accuracy of profitability analysis, empowering leadership with real-time insights into the impact on working capital.
"There are so many things I like about OneStream," said an Ingram Micro Executive. "Speed, speed, speed, everything is faster. The users are happy and it's easier to present.
Making the Move to OneStream
When comparing OneStream to Oracle EPM Cloud, the choice is clear. OneStream provides a modern, unified AI-powered CPM solution that empowers organizations to streamline processes, reduce costs, and deliver faster insights.
Don’t settle for a patchwork solution. Instead, experience the power of OneStream today.
Learn More
Take the first step toward transforming your finance operations and driving business growth. Visit OneStream’s website to schedule a demo, and explore how we can help your organization unleash its full potential.
