OneStream and SAP Customers OneStream for SAP Customers

ERPs are best used to “run” the organization. There can be any number of these systems in a global organization and coming from multiple suppliers. The ERP is the transactional layer and allows an organization to collect, store, manage and interpret data from many business activities at the entity level such as Manufacturing, Supply Chain Management, Project Management, Order Processing and general Finance and Accounting.

SAP’s legacy EPM solutions (see figure 1) have propelled Finance transformation for over 20 years, but these solutions aren’t really designed to help the largest and most complex organizations lead at speed in this new era. The biggest challenge is how to handle all the separate cubes, data sources and spreadsheets and that really one doesn’t talk to the other without a lot of “pushing changes” through integrations.

THE INFLECTION POINT

For Finance groups evaluation SAP’s next generation EPM offering, here are a few additional factors to consider as part of your evaluation and due diligence process:

Supply Chain Management

Project Management

Order Processing

If your Finance team has immediate needs to drive agility across planning, financial close and other key processes, now is the time to consider the business value of accelerating the Finance Transformation by conquering the complexity of your EPM processes before you embark on an ERP upgrade.

Continue with legacy SAP EPM products until their end of cycle.

3 Choices for SAP EPM Customers

Choice 01

CHOICE 01

The Key Differences that Distinguish ERP from EPM Are Critical When Driving Finance Transformation Forward

OneStream’s Unique Advantages

United Platform

Unified Platform that unifies actuals, plans and reporting & analytics for real-time variance analysis without moving data through multiple point-solutions — all within a single solution.

Ability to conquer complexity by eliminating risky integrations, validations and reconciliations between multiple products, applications and modules.

Ability to Conquer Complexity

Built-in advanced financial consolidation and reporting for US GAAP, IFRS, Multi-GAAP and local statutory, ESG, foreign exchange and intercompany accounting requirements.

Built-In Advanced Financial Consolidation & Reporting

Integrated business planning that supports Operations, Sales, HR and Finance while still maintaining the financial intelligence to align plan data with actuals at the group level.

Integrated Business Planning

Support for future growth and increased business complexity without new software through a marketplace of solutions, such as Account Reconciliations, Transaction Matching, Lease Accounting, People Planning and Capital Planning.

Support for Future Growth

McCain Foods

Case Studies

Recognized Industry Leader

“Extensibility is such a powerful feature of OneStream. By extending our corporate chart of accounts to the level of each unique GL system, the data in OneStream is both relevant and inclusive for all our regions. It allows corporate and regions to speak the same language. In our old world with SAP BPC, we were closing the books on Day 6 and now we’re closing at Day 4. That’s something we are incredibly proud of and something OneStream has helped us achieve.” —Katie Shotbolt | Director, Financial Accounting, McCain Foods Limited

SAP

ORACLE NETSUITE

ORACLE E-BUSINESS SUITE

WORKDAY

MICROSOFT DYNAMICS

OneStream has been recognized as a market leader by IT industry analyst firms such as:

General Finance and Accounting

Unfortunately, thousands of SAP EPM customers using BPC, BFC (Cartesis Magnitude/Finance), BCS or other legacy SAP EPM product are reaching a critical inflection point.

SAP wants to move over 20K+ ERP customers to S/4 HANA. Why does this matter? For large, complex organizations, this “migration” typically costs several million dollars and could take several years to implement. For Finance leaders with immediate needs, this means your so-called transformation is still years away. If your organization uses SAP for EPM, you have three choices to consider (click through the choices at right).

Now let’s dive into what each choice would ultimately mean for you and the Finance function in your organization.

SAP EPM — Fragmented Multiple Applications, Points of Maintenance and Data Integration

Figure 1: SAP’s Legacy EPM Strategy

For Finance teams considering sticking with SAP’s legacy products for now, here are a few additional areas to consider as part of your due diligence process:

SAP is only committed to continuing support, no enhancements.

SAP’s legacy EPM solutions were built on technology that is now15+ years old.

There are areas of unclear coverage beyond certain dates. This is a flashing warning sign that support gaps exist, and it is best to fully investigate.

Invest into SAP’s Unproven Next-Generation Products

Choice 02

Continue with SAP Legacy EPM Products

OneStream is used by over 1,300 organizations and 200,000 users globally for planning, financial close & consolidation, reporting, analytics and more. In fact, 70% of our customers replaced multiple legacy applications such as Oracle Hyperion, SAP EPM and IBM Cognos.

High-Risk Exposure to Early Product Releases

Very few implementations of these next-generation products exist. Limited customer references for each product you are looking to implement (e.g., Group Reporting, Analytics Cloud, Central Finance, etc.)

Fractured Solution

Multiple products required – see figure 2. Each product requires its own implementation and resources. There is no leveraging of personnel. On-going maintenance and ongoing updates requires personnel with unique skill-sets.

Figure 2: SAP’s EPM Solutions

Multiple Integration Points

Each product implemented means an additional integration point. Each integration is a point of failure risk. Each integration requires data quality testing and problem resolution, not to mention on-going maintanence and modifications as requirements change.

Time to Value

Because the S/4 HANA ERP instance needs to be implemented first, Finance teams must wait for that project to be completed before the EPM solution can be implemented. So, it is likely that it will be two to three years before Finance will be able to reeap any benefit from the EPM transformation. Does your organization have this kind of time to spare when a management layer is so critical?

Take Control of Your Finance Transformation with OneStream

Choice 03

Figure 3: OneStream’s Intelligent Finance Platform

Today, over 300 SAP customers leverage OneStream’s market-leading intelligent finance platform that reduces the complexity of financial operations. OneStream unleashes the power of finance by unifying corporate performance management (CPM) processes such as planning, financial close & consolidation, reporting and analytics through a single, extensible solution. We empower the enterprise with financial and operational insights to support faster and more informed decision-making — all in a platform designed to continually evolve and scale with your organization. (See figure 3).

The OneStream Intelligent Finance platform is completely agnostic to ERP strategy. Intelligent Finance solutions don’t require S/4 HANA and therefore offer a much faster time to value than SAP’s long-term strategy. Rather than relying on a central ERP strategy, Intelligent Finance platforms integrate data from multiple sources — such as ERP, CRM, HCM and data warehouses — to create a single and governed version of the truth. OneStream also provides built-in financial data quality, empowering users to seamlessly drill all the way back into those source systems to support faster analytics and reporting needs.

Our Mission: Delivering 100% Customer Success

Cimpress

Damen Shipyards

“OneStream helps us to not only make projections towards the future, but also oversee the field of investments, acquisitions and working capital spending. A great benefit is the all-in-one concept, where various solutions are integrated into a single model. Traditional consolidation and planning systems are far less integrated — with different modules that had to be purchased and linked separately.” —Jurriaan Koekebacker | Group Controller, Damen

“My favourite thing about OneStream is really being able to do almost anything… the flexibility of the tool to collect information, and not just financial information. Really any information enables us to really add — whether it’s a different addition or a completely new functionality or to just enhance the functionality we have. It makes it so easy, and I love not being out there having to say 'no.'” —Michelle Greenberg | Director of Corporate Systems & Processes, Cimpress

Don’t take our word for it, check out our customer case studies and testimonials to learn why over 300 SAP Customers have chosen OneStream’s unified platform — and never looked back!

These organizations have achieved many benefits, including the following:

How Can You Learn More About OneStream?

As Finance leaders evaluate their options to drive Finance Transformation forward, it is critical to understand the key differences between Enterprise Resource Planning systems (ERP) and Enterprise Performance Management (EPM) solutions.

OneStream for SAP Customers

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Introduction Enterprise Finance AI Financial Budgeting & Forecasting FP&A-Led Integrated Business Planning Case Studies Conclusion Request a Demo

MANUFACTURING

EPM solutions help Finance teams “manage” the organization by enabling planning, financial close and reporting process required for agile decision and driving performance across the organization.

Why?

Unleash the Power of Finance with a Truly Unified Platform

Are You Ready to Take a closer look at OneStream? Still not convinced? Click here to learn more about how organizations like yours are taking control of their Finance Transformation journey.

For SAP’s customers seeking more immediate Finance Transformation, SAP is guiding customers toward yet another combination of products (see figure 2) that comprises SAP Analytics Cloud (SAC) for planning and budgeting, Group Reporting for consolidations and S/4 HANA (required for Group Reporting).

Invest into SAP’s unproven next-generation products, such as Group Reporting, Analytics Cloud and maybe Central Finance, or some variant hybrid strategy. Note that this strategy requires at least one S/4 HANA Finance instance to support Group Reporting.

Take control of your Finance Transformation by evaluating OneStream.

Choice 03

Choice 02

Replace multiple legacy systems or cloud point solutions with a unified application

Reduce the time, effort and cost of maintaining legacy applications

Reduce manual steps and accelerate reporting & planning

Support corporate and LOB needs

Gain flexibility and agility in IT

Shifts Finance staff time from admin to value-added analysis

70%

OneStream.com Sales@OneStreamSoftware.com

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OneStream.com Sales@OneStreamSoftware.com

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