OneStream Software Launches Predictive Analytics for Financial and Operational Planning

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According to a recent press release, “OneStream Software, a leader in Corporate Performance Management (CPM) solutions for mid-sized to large enterprises, has introduced a new predictive analytics solution that provides advanced planning and forecasting capabilities for the OneStream XF platform. Predictive Analytics 123 enables finance leaders to create predictive forecasts for financial and operational planning, share these insights and collaborate with their business partners on critical business decisions.”

Tom Shea, CEO of OneStream, said, “The digital transformation of finance is about creating faster, smarter ways to leverage financial and operational data to derive more value for the business. Predictive Analytics 123 enables finance teams to easily create forecast scenarios and predictive models that previously required data science teams to build and manage, all within the OneStream XF platform. Great finance leaders are always seeking new and innovative ways to ‘ask why’ and create meaningful dialogue with their business partners. By integrating predictive models directly into the planning process, finance leaders are armed with unbiased, statistically significant insights to share, validate operational assumptions and help increase forecast accuracy, which can create millions of dollars in business value for our customers.”

The release adds, “Predictive Analytics 123 extends OneStream’s planning and forecasting capabilities and builds on the governed analytics capabilities that were released last quarter. Governed analytics allows finance executives to blend detailed operational and transactional data with trusted financial data managed within the OneStream XF platform.”

Read more at Business Wire.

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