OneStream recognized in Leaders Quadrant for second consecutive year for Ability to Execute and Completeness of Vision
BIRMINGHAM, Mich.–(BUSINESS WIRE)–OneStream Software, a leader in corporate performance management (CPM) solutions for advancing financial close, consolidation, reporting, planning and forecasting, has been recognized for the second consecutive year as a Leader in the Gartner Magic Quadrant for Financial Planning Software1. Gartner evaluated 16 financial planning software providers based on their Ability to Execute and Completeness of Vision and placed OneStream in the Leaders Quadrant.
“We are honored to be recognized as a Leader in the Gartner Magic Quadrant for Financial Planning Software for the second consecutive year. We believe this recognition, on the heels of our Leader position for Financial Close and Consolidation, underscores our continued momentum in the market and the value that OneStream’s unified platform delivers to customers, enabling agile financial and operational planning and reporting processes,” said Tom Shea, CEO at OneStream. “The recognition OneStream has garnered from customers for our Sensible Machine Learning solution from our perspective is great validation of our innovative approach, and we continue to invest in our platform with expanded AI and ML capabilities to help Finance leaders steer the business, accurately predict future performance and enable more confident decisions.”
This news follows OneStream’s recent recognition as a Leader in the 2023 Gartner Magic Quadrant for Financial Close and Consolidation Solutions as the company continues its 2023 momentum. OneStream recently reported over $400M in Annual Recurring Revenue (ARR), up nearly 40% year-over-year, in the third quarter and expanded its customer base to over 1,300 customers globally.
Regina Crowder, Matthew Mowrey and Vaughan Archer, Senior Director Analysts, wrote in the Magic Quadrant for Financial Planning Software, “Organizations use financial planning software to improve their financial planning and decision-making processes. These solutions streamline planning, budgeting and forecasting processes by providing visibility to planning data, consistent application of logic and planning process governance. When implemented in support of sound processes, financial planning software gives organizations reliable outputs to make better informed decisions. This results in improved end-to-end financial planning processes, including aligning strategic priorities with resource allocation to drive improved business outcomes.”
For More Information
- Download a complimentary copy of the 2023 Gartner Magic Quadrant for Financial Planning Software on the OneStream website.
- Read the blog, “OneStream Named a Leader in Financial Planning Software by Gartner.”
GARTNER is a registered trademark and service mark of Gartner and Magic Quadrant is a registered trademark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and are used herein with permission. All rights reserved.
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.
About OneStream Software
OneStream provides an intelligent finance platform built to enable confident decision-making and maximize business impact. OneStream unleashes organizational value by unifying data management, financial close and consolidation, planning, reporting, analytics and machine learning. We empower Finance and Operations teams with AI-enabled insights to make faster and more intelligent decisions every single day. All in a single, modern CPM platform designed to continually evolve and scale with your organization.
OneStream is an independent software company backed by private equity investors KKR, Tidemark, Partners Fund Capital and Alkeon Capital Management. With over 1300 customers, more than 230 implementation partners and roughly 1300 employees our primary mission is to deliver 100% customer success. To learn more visit www.onestream.com.
1 Sources: Gartner Magic Quadrant for Financial Planning Software, Regina Crowder, Matthew Mowrey and Vaughan Archer, 5 December 2023
Gartner Magic Quadrant for Financial Close and Consolidation Solutions, Nisha Bhandare, Permjeet Gale, Jeffrin Francis, Renata Viana, 27 November 2023