ROCHESTER, Mich.--(BUSINESS WIRE)--OneStream Software, a leader in Corporate Performance Management (CPM) solutions for the mid-sized to very large enterprise, has been ranked among the top 700 fastest growing privately-held companies on the 2019 Inc. 5000 list from Inc. Magazine. This is the fourth consecutive year that OneStream has made the list, moving up with 656% growth over the last three years.
“Our commitment to 100% customer success is driving continued growth as we help many of the largest and most sophisticated organizations across the globe digitally transform finance. By streamlining financial processes, such as financial close, planning, reporting and analysis in one platform, we are enabling CFOs and finance teams to be more strategic and business focused. We are proud of our rapid ascent in the Inc. Magazine rankings of the fastest growing and most successful companies in America,” said Tom Shea, CEO for OneStream Software.
Following record results over the past several years and a significant investment from KKR this February, OneStream is experiencing rapid growth worldwide, adding new customers at a record pace in both North America and Europe. In announcing mid-year results, OneStream reported year-over-year new business growth in Europe of more than 400% for the first half of 2019. License expansion among existing customers is also rising, as more enterprises take advantage of the more than 50 solutions available for download from the OneStream XF MarketPlace to extend the value of the OneStream platform.
Digital Transformation of Finance
Many enterprises are replacing legacy on-premise finance applications, such as Oracle Hyperion, SAP BPC and IBM Cognos or underperforming cloud products, seeking modern solutions that streamline multiple corporate financial processes. OneStream provides a scalable finance platform that runs in the cloud or on-premise, unifies financial data and processes, and allows finance teams to focus more time and effort on the business and less on supporting applications and technology. The OneStream XF MarketPlace further extends the value of that platform with more than 50 downloadable solutions that are fully tested and ready-to-deploy, including account reconciliations, lease accounting, tax provision and several specialized planning applications.
The Inc. 5000 2019 ranking is the latest among a list of accolades for OneStream from media, industry analyst firms and influencers. This month, OneStream was named a Visionary in the Gartner Magic Quadrant for Cloud Financial Planning and Analysis Solutions1. In November 2018, OneStream was named to the Deloitte Fast 500™, a ranking of the fastest growing tech, media, telecommunications and life sciences companies in North America.
For more information on analyst reports and OneStream recognition, go to https://www.onestreamsoftware.com/resources#.analyst_report
1 Gartner Magic Quadrant for Cloud Financial Planning and Analysis Solutions, Bob Anderson, John Van Decker and Greg Leiter, 8 August 2019
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About OneStream Software
OneStream Software provides a modern Corporate Performance Management solution that unifies and simplifies financial consolidation, planning, reporting, analytics and financial data quality for sophisticated organizations. Deployed via the cloud or on-premise, OneStream’s unified platform enables organizations to modernize Finance, replace multiple legacy applications, and reduce the total cost of ownership of financial systems. OneStream unleashes Finance teams to spend less time on data integration and system maintenance – and more time focusing on driving business performance.
The OneStream XF MarketPlace features downloadable solutions that allow customers to easily extend the value of their CPM platform to quickly meet the changing needs of finance and operations. For more information, go to www.OneStreamSoftware.com.