Video · May 19, 2026
Modern close for real-time Finance
About this video
The modern financial close is not a single feature. It is an end-to-end process that runs from the first transaction creation all the way through to financial reporting, and OneStream is executing a multi-year vision to power every step of it on one unified platform. Recognized in the Magic Quadrant specifically for that vision, OneStream has spent the past year delivering on it in concrete ways: anomaly detection embedded into account reconciliations, transaction matching scaled to 200 million transactions per period, and now the modern financial close experience, a simplified, guided workflow interface that brings every close capability together in a single lens. The goal is one place, one source of truth, and no repetitive manual tasks standing between Finance and the insights leadership needs.
Key takeaways
- The modern financial close is an end-to-end process, not a collection of point solutions. OneStream's vision spans from transaction creation through financial reporting, automating repetitive tasks at every stage. Recognizing this in the Magic Quadrant for vision reflects a shared commitment with customers to keep building toward a close process that is continuous, governed, and fully connected rather than stitched together from disconnected tools.
- Recent platform investments have materially raised the ceiling on close performance. Anomaly detection in account reconciliations surfaces exceptions automatically rather than waiting for human review. Transaction matching now handles up to 200 million transactions per period, a scale that eliminates the bottlenecks that have historically made high-volume close cycles so painful for large, complex Finance organizations.
- The modern financial close experience unifies every capability behind a single, guided interface. Rather than requiring Finance teams to navigate across multiple modules or surfaces, the new experience brings guided workflows, real-time visibility, and all close capabilities into one lens. This simplification reduces training burden, accelerates adoption, and ensures every team member, from staff accountant to Controller, is working from the same platform with the same view of the close.
Video Transcript
Our goal, right, to unify all of your data, to give you that one lens to complete the tasks you must do. What's really great about what we find with the Magic Quadrant is we're sighted specifically for our vision.
And that's a shared vision, shared with all of you as we partner together to build and expand. And you see us executing on that vision as we look to move to power the complete modern financial close. It's an end-to-end process automating your repetitive tasks and going from that first transaction creation all the way through to your financial reporting.
When we look at the modern financial close capabilities, we've been evolving for years. But just last year, we introduced Anomaly Detection into account reconciliations. We expanded transaction matching to heights, 200 million transactions per period.
And we're proud to introduce the modern financial close experience. It's a simplified user experience with guided workflows that brings it all together in one lens, one unified platform.
Related Resources
Demo: Modern Financial Close
OneStream Developer Studio
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