OneStream Software, a Rochester-based provider of cloud and on-premise corporate performance management solutions for mid-size to large enterprises, launched OneStream XF 5.0, the latest version of its SmartCPM platform.
The fifth-generation solution uses environmental sensors and intelligent bots that balance key processes and tasks across servers in both on-premise and cloud deployments. Other key features include enhanced analytical capabilities to enable better decision making and local language capabilities for users in global deployments.
“This latest generation of our OneStream XF platform is a quantum leap forward with scalability and performance improvements that will allow us to continue tackling the most complex consolidation, reporting, and planning requirements of the world’s largest organizations,” says Tom Shea, CEO for OneStream Software.
“This release lays the foundation of our X-Scale initiative that makes our SmartCPM platform even smarter – enabling companies to take advantage of the infinite potential of the cloud, and to intelligently scale up and down capacity to match peaks and valleys in user demand during crunch periods.”
Larger enterprises that have decided to move any of their statutory consolidation, planning, budgeting, forecasting, and reporting to the cloud from on-premise must validate that the software they are considering will meet both their current and future requirements for functionality, scalability, and performance, says Robert Kugel, senior vice president and research director at Ventana Research.
“OneStream XF is a unified performance management software platform that is used successfully by some of the largest global enterprises. Its 5.0 release is designed to address the needs of large enterprises that have the most demanding functional and performance requirements,” he adds.
The latest platform also includes reporting and analysis improvements such as conditional formatting and improved ad hoc analysis capabilities via the Excel Quick View interface that will allow companies to make faster, more informed decisions.
OneStream XF 5.0 is available now.