By John O'Rourke March 14, 2018
While many of our customers were busy closing the year-end books, and finalizing budgets over the past few months, OneStream's Engineering team was busy developing and putting the finishing touches on the OneStream XF 4.3 release.
For those who are new to OneStream, we provide a unified, SmartCPMTM platform that allows organizations to modernize finance and reduce complexity in the cloud or on-premise. Our platform allows them to simplify and align consolidation, planning, reporting and data quality processes across the enterprise.
Our OneStream XF MarketPlace enables organizations to extend their investment through a marketplace of pre-built solutions and customization capabilities. By spending less time on system administration and more time on value-added analysis, OneStream enables Finance and IT professionals to get back to business.
What's New in the OneStream Platform?
The OneStream XF 4.3 release includes several enhancements designed to make life easier for end-users as well as administrators.
Enhanced Data Spreading – the many customers using OneStream for budgeting and planning will love the enhanced data spreading functionality within the Spreadsheet feature of the OneStream App for Windows and the OneStream XF Excel Add-in. This includes enhancements to the spreading functionality found in the OneStream XF Ribbon, as well as the ability to right-click on a cell to access the OneStream XF spreading menu.
"On-the-Fly" Consolidation - A new function has been introduced allowing users to provide dynamic, approximate results on an aggregated basis. This on-the-fly value is presented to the user instantly as a convenience during data entry. Users edit numbers on a form, save it, and instantly see estimated consolidated results for totals right on the page - without having to run a calculation or consolidation.
New API Functions – For administrators of OneStream applications a new set of API functions are available to help manage Users and Groups. These commands can only be executed by a user who has a role of System Administrator.
This release also includes many other enhancements and performance improvements for users and administrators.
But Wait There's More – OneStream XF MarketPlace
The OneStream XF MarketPlace is becoming a popular resource for users, with over 4000 downloads since it was launched in 2016. The XF MarketPlace includes over 50 solutions including user and admin productivity tools, specialty planning solutions, and financial close process and reporting solutions.
Compliance Solutions – OneStream has released severalCompliance Solutions: Contract Compliance, Reporting Compliance and Thing Compliance. These XF MarketPlace solutions enable customers to address detailed, complex, driver-based compliance requirements such as Lease Accounting under IFRS16/ASC 842, Revenue Recognition under IFRS 15/ASC 606 and others. They enable the integration of detailed relational data and source documents with the OneStream financial model, workflow, dashboards and reporting with full drill down and drill through to the source documents.
Sales Planning – This new XF MarketPlace solution enables detailed planning of sales at the opportunity level and the creation of rolled-up forecasts that can be adjusted by management at the region, geography or corporate level.
OneStream has also made enhancements to several existing XF MarketPlace solutions – including Account Reconciliations, People Planning, Capital Planning, Cash Planning, Thing Planning, Metadata Builder, Standard System and Application Reports, and the Snippet Editor.
Learn More
Existing OneStream customers can learn more about OneStream XF 4.3 and the new XF MarketPlace solutions via a recorded video posted on OneStream Academy. OneStream Academy is an online training resource available to key partner contacts and OneStream administrators. Non-customers can visit the OneStream web site or sign up for an upcoming webinar or field event.
John O'Rourke is Vice President of Product Marketing at OneStream Software. With a background in accounting and finance, John has over 30 years of experience in the software industry, including 20 years of experience in product marketing at Hyperion Solutions, Oracle and Host Analytics. He has worked with many customers and partners on financial reporting and planning initiatives and has spoken and written on many topics in corporate performance management. John has also held positions in strategic marketing and product marketing at Dun & Bradstreet Software, Kenan Systems and Decisyon. Find me on:
