OneStream Builds on Applied Finance AI Solutions, Expands Innovations to Core Finance with OneStream Navigation Center and more
OneStream (NASDAQ: OS) announced new developments at Splash EMEA, expanding its Sensible AI Portfolio and core finance innovations. Key additions include:
1. AI-Powered Anomaly Detection: Helps detect unusual patterns in financial data.
2. Sensible ML Scenario Modeling: Creates real-time, AI-driven 'what-if' forecasting scenarios.
3. OneStream Navigation Center: Streamlines access to reports and critical documents.
4. Microsoft Excel Enhancements: Improves data analysis with Excel integration.
5. Expanded Solution Exchange: Now includes 100+ solutions, supporting Pillar 2 tax criteria.
These innovations aim to modernize the Office of the CFO, addressing economic volatility and evolving regulations.
OneStream (NASDAQ: OS) ha annunciato nuovi sviluppi durante Splash EMEA, ampliando il proprio Portfolio di AI Sensibile e le innovazioni nel settore finanziario. Le principali aggiunte includono:
1. Rilevazione di Anomalie con AI: Aiuta a rilevare schemi insoliti nei dati finanziari.
2. Modellazione di Scenario con ML Sensibile: Crea scenari di previsione 'cosa succede se' in tempo reale, guidati dall'AI.
3. Centro di Navigazione OneStream: Semplifica l'accesso a report e documenti critici.
4. Enhancements di Microsoft Excel: Migliora l'analisi dei dati con integrazione Excel.
5. Espansione dello Scambio di Soluzioni: Ora include oltre 100 soluzioni, supportando i criteri fiscali del Pillar 2.
Queste innovazioni mirano a modernizzare l'Ufficio del CFO, affrontando la volatilità economica e le normative in evoluzione.
OneStream (NASDAQ: OS) anunció nuevos desarrollos en Splash EMEA, ampliando su Portafolio de AI Sensible y las innovaciones en finanzas. Las principales adiciones incluyen:
1. Detección de Anomalías con AI: Ayuda a detectar patrones inusuales en los datos financieros.
2. Modelado de Escenarios con ML Sensible: Crea escenarios de pronóstico 'qué pasaría si' en tiempo real, impulsados por AI.
3. Centro de Navegación OneStream: Facilita el acceso a informes y documentos críticos.
4. Mejoras en Microsoft Excel: Mejora el análisis de datos con integración en Excel.
5. Intercambio de Soluciones Ampliado: Ahora incluye más de 100 soluciones, apoyando los criterios fiscales del Pilar 2.
Estas innovaciones tienen como objetivo modernizar la oficina del CFO, abordando la volatilidad económica y la evolución de las regulaciones.
OneStream (NASDAQ: OS)는 Splash EMEA에서 새로운 발전을 발표하며 스ensible AI 포트폴리오와 핵심 재무 혁신을 확장했습니다. 주요 추가 사항은 다음과 같습니다:
1. AI 기반 이상 탐지: 재무 데이터에서 비정상적인 패턴을 발견하는 데 도움을 줍니다.
2. 스ensible ML 시나리오 모델링: 실시간으로 AI 기반 '가정 시나리오'를 생성합니다.
3. OneStream 내비게이션 센터: 보고서 및 중요한 문서에 대한 접근을 간소화합니다.
4. Microsoft Excel 개선: Excel 통합을 통해 데이터 분석을 향상시킵니다.
5. 확대된 솔루션 교환: 이제 100개 이상의 솔루션을 포함하며, Pillar 2 세금 기준을 지원합니다.
이러한 혁신은 CFO 사무실을 현대화하고 경제적 변동성과 진화하는 규정을 해결하는 것을 목표로 합니다.
OneStream (NASDAQ: OS) a annoncé de nouveaux développements lors de Splash EMEA, élargissant son Portefeuille d'IA Sensible et ses innovations financières de base. Les ajouts clés comprennent :
1. Détection d'Anomalies par IA: Aide à détecter des modèles inhabituels dans les données financières.
2. Modélisation de Scénarios par ML Sensible: Crée des scénarios de prévision 'et si' en temps réel, pilotés par IA.
3. Centre de Navigation OneStream: Rationalise l'accès aux rapports et documents critiques.
4. Améliorations de Microsoft Excel: Améliore l'analyse des données avec l'intégration d'Excel.
5. Échange de Solutions Élargi: Inclut désormais plus de 100 solutions, soutenant les critères fiscaux du Pilier 2.
Ces innovations visent à moderniser le bureau du CFO, en répondant à la volatilité économique et à l'évolution des réglementations.
OneStream (NASDAQ: OS) gab neue Entwicklungen während Splash EMEA bekannt, die das Sensible AI Portfolio und die Kerninnovationen in der Finanzwirtschaft erweitern. Zu den wichtigsten Ergänzungen gehören:
1. KI-gestützte Anomalieerkennung: Hilft bei der Erkennung ungewöhnlicher Muster in Finanzdaten.
2. Sensible ML-Szenariomodellierung: Erstellt in Echtzeit AI-gesteuerte 'Was wäre wenn'-Prognoseszenarien.
3. OneStream Navigationszentrum: Vereinfacht den Zugriff auf Berichte und wichtige Dokumente.
4. Verbesserungen von Microsoft Excel: Verbessert die Datenanalyse mit Excel-Integration.
5. Erweiterter Lösungsaustausch: Enthält nun über 100 Lösungen zur Unterstützung der steuerlichen Kriterien von Pillar 2.
Diese Innovationen zielen darauf ab, das Büro des CFO zu modernisieren und auf wirtschaftliche Volatilität und sich entwickelnde Vorschriften zu reagieren.
- Expansion of AI capabilities with new Anomaly Detection and Scenario Modeling features
- Introduction of OneStream Navigation Center for improved document management and reporting
- Enhanced Microsoft Excel integration for better data analysis
- Growth of Solution Exchange to over 100 solutions, including support for Pillar 2 tax criteria
- Continued partnership expansion with Microsoft and other system integrators
- AI Anomaly Detection capability is currently of availability
Insights
OneStream's latest innovations in AI and core finance solutions represent a significant leap forward for the Office of the CFO. The introduction of AI-Powered Anomaly Detection and enhanced Scenario Modeling capabilities addresses critical pain points in financial reporting and forecasting. These tools can dramatically improve efficiency and accuracy in financial operations, potentially leading to cost savings and better decision-making.
The expansion of the Microsoft partnership and the introduction of the Navigation Center demonstrate OneStream's commitment to user-friendly interfaces and seamless integration with existing tools. This could lead to faster adoption rates and increased customer satisfaction, potentially driving revenue growth. The addition of Pillar 2 tax solutions also positions OneStream to capitalize on the growing demand for global tax compliance tools.
While these innovations are promising, investors should monitor the rate of adoption and customer feedback to gauge their impact on OneStream's market position and financial performance.
OneStream's Sensible AI portfolio showcases a thoughtful approach to AI integration in finance. The AI-Powered Anomaly Detection capability is particularly noteworthy, as it addresses a critical need in financial data integrity. By automating the detection of unusual patterns or outliers, this tool can significantly reduce human error and enhance audit readiness.
The ML Scenario Modeling capability demonstrates a sophisticated application of machine learning to financial forecasting. By allowing finance teams to create real-time, AI-driven "what-if" scenarios, OneStream is enabling a more dynamic and responsive financial planning process. This could be a game-changer for companies navigating volatile economic conditions.
However, the success of these AI tools will depend on their accuracy, ease of use and ability to integrate with existing financial processes. Investors should look for case studies and performance metrics in future reports to assess the real-world impact of these AI innovations.
OneStream AI-Powered Anomaly Detection, Scenario Modeling, other expansions to Microsoft partnership and Solution Exchange announced at OneStream Splash EMEA
"As economic volatility and evolving regulations continue, CFOs are being asked to do more than report on the past and need the technology and skills to strategically guide the business," said Tom Shea, CEO, OneStream. "We are pioneering the digitalization of core finance. This news is a testament to our leadership and focus on building purpose-built, AI-powered solutions that address the needs of today's Finance leaders."
Sensible AI: Purpose-Built for Finance
The OneStream Sensible AI portfolio, announced in May, is a set of packaged AI solutions that address pertinent needs of Finance leaders. They include Sensible ML, Sensible GenAI and Sensible AI Library forecasting and scenario planning. OneStream previewed the following AI capabilities added to this Sensible AI portfolio:
- OneStream AI-Powered Anomaly Detection capability is part of the OneStream Sensible AI Library, the AI Anomaly Detection capability is a pre-packaged AI method that helps Finance leaders detect anomalies for data cleansing and reporting. By scanning thousands of transactions to detect unusual patterns or outliers, AI Anomaly Detection can uncover unexpected or duplicate entries, enabling Finance teams to quickly investigate and correct issues before the final close. This capability is currently of limited availability.
- OneStream Sensible Machine Learning (ML) Scenario Modeling capability builds on the initial OneStream Sensible ML solution and creates real-time, AI-driven "what-if" forecasting scenarios using a company's own enterprise information across operational and financial workstreams. Finance teams can isolate key business drivers, such as changes in interest rates, inflation, gas prices, new product introductions and plant shutdowns, and validate the scenarios and test their impact across forecasting, operational planning, workforce planning, sales planning and other areas.
Digitizing the Office of the CFO
In May, OneStream announced several innovations focused on digitizing core finance, including expanding its partnership with Microsoft with OneStream Certified Power BI Connector. This week, OneStream previewed a series of new innovations to make it easier for Finance leaders to deploy, report and consume financial reporting.
- OneStream Navigation Center streamlines access to reports and bookmarks critical audit and narrative documents, in one place. This solution enables Finance leaders to easily organize, tag and bookmark frequently used documents, audit reports, and set due dates for key tasks such as report reviews, deadlines and submissions. Users can also set due dates to ensure they are reviewed and ready for handover to auditors.
- Microsoft Excel Enhancements make it easier than ever to copy, modify and analyze powerful data from OneStream with the commonly used tools in Microsoft's Excel environment.
- Expanded Solution Exchange to Support Tax Pillar 2. To support the evolving needs of global organizations, the OneStream Solution Exchange has expanded its capabilities and solutions, welcoming its 100th solution at Splash EMEA. Solutions now include BDO/ Inlumi and AMCO partnership to support Pillar 2 tax criteria. From account reconciliations, workforce planning, and transaction matching to AI-powered solutions, such as Sensible Machine Learning and InfinitySPM Sales Performance Management, the Solution Exchange extends the utility of the OneStream Platform to meet current business needs while also adapting to future requirements.
OneStream Splash EMEA brings together Finance leaders and experts within the Office of the CFO for three days to explore how Finance leaders can go beyond just reporting on past performance towards steering the business to the future.
OneStream Splash is sponsored by OneStream global System Integrators, implementation, development and technology partners, including the following:
- Global System Integrators: PwC
- Diamond: AIQOS, AMCO, Black Diamond Advisory, CFO Solutions, Finext, Finit, Inlumi, Inplenion, Spaulding Ridge
- Gold Partners: Avvale S.p.A, Bluebird, cpmview
- Silver Partners: Advance Tax Compliance, BDO LLP, BearingPoint, Keyteach, Swap Support, TaxVibes
- Development Partners: Advance Tax Solutions, AIQOS, AMCO, BDO LLP Black Diamond, Finext, Finit, InfinitySPM, Inlumi, Spaulding Ridge
- Technology Partners: EPMWare
To learn more about OneStream Splash EMEA, visit here.
About OneStream
OneStream is how today's Finance teams can go beyond just reporting on the past and Take Finance Further by steering the business to the future. It's the leading enterprise finance platform that unifies financial and operational data, embeds AI for better decisions and productivity, and empowers the CFO to become a critical driver of business strategy and execution.
We deliver a comprehensive cloud-based platform to modernize the Office of the CFO. Our Digital Finance Cloud unifies core financial and broader operational data and processes and embeds AI for better planning and forecasting, with an extensible architecture, so customers can adopt and develop new solutions, achieving greater value as their business needs evolve.
With over 1,400 customers, including
Contacts
MEDIA CONTACT
Jaclyn Proctor
Media Relations Contact
OneStream
media@onestreamsoftware.com
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SOURCE OneStream, Inc.
FAQ
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