Gartner Names OneStream a Visionary in Magic Quadrant for Cloud FP&A Solutions
Committed to 100% customer success, OneStream Software consistently delivers on its mission of streamlining finance processes to enhance decision-making across large enterprises. This unwavering drive to modernize finance organizations continues to delight our customers and gain recognition from leading industry analysts. Today, we’re proud to announce that Gartner has named OneStream Software a Visionary in its 2019 Magic Quadrant for Cloud Financial Planning and Analysis (FP&A) Solutions1.
As a leading research and advisory company, Gartner provides insight that helps business leaders make informed decisions in information technology. Gartner’s annual Magic Quadrant for Cloud FP&A Solutions evaluates vendors within the market based on their completeness of vision and ability to execute. Being named a Visionary in the Cloud FP&A Solutions market is a testament to the transformative work OneStream is doing to help the office of finance ‘get back to business’ with a modern, unified and extensible corporate performance management (CPM) platform.
With so many CPM choices on the market, OneStream is honored to be recognized in the Gartner report as a visionary well-positioned to become a leader in FP&A solutions. Aside from its rapid growth, OneStream’s unique XF MarketPlace continues to be a standout feature amongst the competition. Offering over 50 downloadable solutions, the XF MarketPlace allows customers to easily extend the value of the OneStream XF platform at a lower cost and without technical complexity.
OneStream was also the only vendor in the 2019 report that all customers surveyed would ‘recommend without qualifications.’ In the report, OneStream XF received high customer satisfaction ratings for its modern architecture, guided workflows, and broad variety of reporting options. Gartner also highlighted key FP&A market trends which include the shift to cloud-based deployments, more focus on solution flexibility, ERP integration and analytics support – all of which align with the OneStream platform and roadmap.
By unifying financial planning, consolidation and reporting, OneStream XF eliminates the risk and complexity of data integration, validation and reconciliation between multiple fragmented applications. Because of this, OneStream enables customers to realize significant savings in both time and cost. With robust planning and reporting capabilities, large enterprises worldwide have replaced spreadsheets and multiple legacy applications with the powerful OneStream XF cloud platform to support strategic financial and operational planning. OneStream continuously outranks the core competition in customer satisfaction ratings and was also recognized as a Gartner Peer Insights Customers’ Choice for Cloud Financial Planning and Analysis Solutions earlier this year.
As a trusted source in industry-specific research, we believe this recognition from Gartner further validates OneStream’s ability to provide proven financial planning and analysis solutions within a single, unified platform. Gartner recommends organizations looking for specific enterprise software solutions review the Magic Quadrant reports, along with corresponding Critical Capabilities reports and Gartner Peer Insights ratings when researching vendors in the marketplace.
To learn more, download a copy of the Gartner Magic Quadrant for Cloud FP&A solutions.
1 Gartner Magic Quadrant for Cloud Financial Planning and Analysis Solutions, Bob Anderson, John Van Decker and Greg Leiter, 8 August 2019
Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
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