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OneStream Unveils a Portfolio of Purpose-Built AI Solutions; Announces Enterprise Finance AI Approach to Speed AI Adoption for the Office of the CFO

AGÊNCIA DE COMUNICAÇÃO Conteúdo de responsabilidade da empresa 21 de maio de 2024

OneStream Software LLC

LAS VEGAS, May 21, 2024 (GLOBE NEWSWIRE) — OneStream Software, the leading enterprise Finance management platform that modernizes the Office of the CFO by unifying core finance and operational functions, today announced at OneStream Splash three purpose-built AI solutions. OneStream Sensible GenAI, OneStream Sensible ML Scenario Modeling and OneStream Sensible AI Library will speed AI adoption for Finance leaders and empower the Office of the CFO to Take Finance FurtherTM.

“Finance leaders have long seen AI’s potential for the Office of the CFO, but initial AI tools lacked clear business use cases, context, and transparency, raising more concerns than benefits,” explained Tom Shea, CEO of OneStream at OneStream Splash. “We’re redefining AI for Finance to address these challenges, creating trusted, secure, and purpose-built solutions tailored to Finance pain points. Our new Sensible AI solutions announced today will increase Enterprise Finance AI adoption and help CFOs plan faster, forecast with greater accuracy, and unlock new growth opportunities.

Announcing a Suite of OneStream Sensible AI Solutions

The OneStream Sensible AI portfolio is a set of packaged applied AI solutions designed to address pertinent needs of Finance leaders such as forecasting and scenario planning. With ML and AI models built directly on top of OneStreams unified data model and proprietary financial intelligence, Finance leaders can quickly identify trends and business drivers and create forecasts from trusted enterprise data with unparalleled accuracy and speed.

OneStream Sensible ML, OneStreams first AI solution to market, has already been implemented by several customers across manufacturing, retail, and services sectors, including a leading Utility Locating company, Stake Center Locating:

OneStream Sensible AI solutions are purpose-built for finance, addressing specific use cases within the finance function, said David Kennedy, CIO at Stake Center Locating. OneStream Sensible AI revolutionized our forecasting and planning processes, by leveraging AI and advanced analytics, it ensures optimal resource allocation and helps us uncover key business drivers. This approach has led to significant improvements in forecasting accuracy, resulting in significant savings to labor costs and empowering more data-driven decisions.

New OneStream Sensible AI solutions announced include:

Enterprise Finance AI: OneStreams Commitment to the Office of the CFO

To speed the adoption of AI for Finance, OneStream also announced its commitment to ensuring the Office of the CFO can obtain material value from AI and GenAI development. OneStreams approach to AI, called Enterprise Finance AI, is intended to transform how Finance teams leverage AI to navigate todays complex business landscape. Enterprise Finance AI includes three critical areas AI must meet to speed adoption and significant return on investment for the Office of the CFO:

OneStream was early to see the transformative potential of AI for the Office of the CFO and invest to deliver purpose-built solutions to market, releasing its first applied ML offering in 2017. To learn more about OneStream Sensible AI, visit www.onestream.com/ai/.

OneStream Splash brings together finance leaders and experts within the Office of the CFO for four days to explore how Finance leaders can go beyond just reporting on past performance towards steering the business to the future. With over 2,500 attendees, Splash is the largest gathering of OneStream customers and finance leaders to date. To learn more about OneStream Splash User Conference, visit: https://www.onestream.com/conferences/splash-na/

Follow the OneStream Splash conversation on LinkedIn and X using #OneStreamSplash.

About OneStream Software

OneStream is how todays Finance teams can go beyond just reporting on the past and Take Finance Further by steering the business to the future. Its the only enterprise finance platform that unifies all your financial and operational data, embeds AI for better decisions and productivity, and can extend to meet the evolving needs of your business, without adding technical debt.

We deliver the industrys most comprehensive cloud-based platform to modernize the Office of the CFO. Our Digital Finance Cloud uniquely unifies key financial and operational data and processes, embeds AI for faster and better planning and forecasting, and is infinitely extensible so customers can add new utility and achieve more value as their business needs evolve.

OneStream is an independent software company backed by private equity investors KKR, Tidemark, Partners Fund Capital and Alkeon Capital Management. With nearly 1,400 customers, more than 230 implementation partners and 1,300 employees, our vision is to be the operating system for modern Finance, digitizing core financial functions and empowering the CFO to become a critical driver of business strategy.

Additional Resources:
Follow OneStream on X – https://twitter.com/OneStream_Soft
Follow OneStream on LinkedIn – https://www.linkedin.com/company/onestream-software/
Like OneStream on Facebook – https://www.facebook.com/onestreamsoftware/

Jaclyn Proctor
jproctor@onestreamsoftware.com



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