OneStream Named Winner in Ventana Research's 13th Annual Digital Innovation Awards
Award recognizes OneStream's innovative operational analytics capabilities that support the office of finance
July 15, 2020 9:00 AM Eastern Daylight Time
ROCHESTER, Mich.--OneStream Software, LLC,a leading provider of modern Corporate Performance Management (CPM) solutions for mid-sized to large enterprises, has been named the winner of the "Office of Finance" category in Ventana Research's 13th Annual Digital Innovation Awards. This award recognizes OneStream as a pioneering vendor and exemplar of innovation in the applications and technologies that support the office of finance.
This Digital Innovation Award, along with the consistently high praise from the company's customers, further solidifies OneStream as an industry pioneer that has successfully established its unified and extensible platform as a market-proven, intelligent alternative to legacy CPM products and cloud-based point solutions.
"Across the globe, finance teams are embracing their new responsibilities and rapidly changing business conditions as an opportunity to navigate and lead their companies through the unprecedented challenges presented by COVID-19," said Tom Shea, CEO of OneStream Software. "OneStream XF's industry-leading Analytic Blend enables teams to quickly apply trusted financial intelligence to large volumes of operational data to detect trends and financial signals that drive informed decision-making at the speed of business."
"Ventana Research gave OneStream Software its innovation award because of its ability to address increasingly critical requirements for the Office of Finance and do so at scale," commented Robert Kugel, Senior Vice President and Research Director. "Its Analytic Blend capability allows users to assemble a wide spectrum of data from financial and operational sources without latency for immediate analysis, alerting and reporting. In doing so, it can expand the frontiers of visibility and enable finance departments to provide action-oriented insights to executives and managers across the enterprise."
The Ventana Research Digital Innovation Awards recognize trailblazing vendors that contribute advancements in technology, drive change and increase value for organizations worldwide, backed by market research and analyst expertise across business and IT. Ventana Research analysts examine and score companies based on how they help organizations innovate, enhance the productivity and enhance outcomes of business or IT processes. Vendors are evaluated on not just their innovative technology approaches, but also how their solutions apply to people, processes, information and technology. Solutions are also assessed for the best practices they support, the degree of team involvement, and the technology's business impact and value.
To learn more about OneStream Analytic Blend download this interactive e-Book.
About OneStream Software
OneStream Software provides a market-leading CPM solution that unifies and simplifies financial consolidation, planning, reporting, analytics and financial data quality for sophisticated organizations. Deployed via the cloud or on-premise, OneStream's unified platform enables organizations to modernize Finance, replace multiple legacy applications and reduce the total cost of ownership of financial systems. OneStream unleashes Finance teams to spend less time on data integration and system maintenance – and more time focusing on driving business performance.
OneStream is an independent software company backed by private equity investor KKR. With over 500 customers, 175 partners and over 500 employees our primary mission is to deliver 100% customer success. OneStream was named to the 2019 Inc. 5000 and Deloitte 2019 Technology Fast 500 lists of the fastest-growing companies in North America. To learn more visit www.onestream.com
About Ventana Research
Ventana Research is the most authoritative and respected benchmark business technology research and advisory services firm. We provide insight and expert guidance on mainstream and disruptive technologies through a unique set of research-based offerings including benchmark research and technology evaluation assessments, education workshops and our research and advisory services, Ventana On-Demand. Our unparalleled understanding of the role of technology in optimizing business processes and performance and our best practices guidance are rooted in our rigorous research-based benchmarking of people, processes, information and technology across business and IT functions in every industry. This benchmark research plus our market coverage and in-depth knowledge of hundreds of technology providers means we can deliver education and expertise to our clients to increase the value they derive from technology investments while reducing time, cost and risk. To learn how Ventana Research advances the maturity of organizations' use of information and technology through benchmark research, education and advisory services, visit www.ventanaresearch.com.