OneStream ROI case study: Global IT Provider
A global information technology provider achieved an 86 percent ROI and recovered its investment in 1.3 years following its OneStream deployment. Notable quantitative benefits from its OneStream deployment include an expedited financial close, accelerated financial reporting, and retired legacy costs. Specific quantitative benefits cited include an average reduction of one day in the financial close process, a 50 percent shorter profitability reporting period, and cost savings of $1.3 million per year through the retirement of legacy software and associated maintenance costs. The organization successfully deployed OneStream due to careful planning that involved selecting the appropriate consultants, identifying the business needs and desired outcomes, implementing effective data governance, and offering sufficient employee training.