OneStream, a leading provider of Corporate Performance Management (CPM) solutions to the world’s leading companies, has been recognized as a Leader in the Gartner Magic Quadrant for Financial Planning Software1. Gartner evaluated 14 financial planning software vendors based on their ability to execute and completeness of vision, placing OneStream in the Leaders quadrant.
“We are proud to be recognized as a Leader in the Gartner Magic Quadrant for financial planning software. OneStream’s success is built on our mission to ensure every customer is a reference, one success at a time. We believe this recognition reflects our strong momentum in the marketplace and the value clients gain by adopting OneStream’s unified, extensible platform to streamline their complex financial processes across planning, reporting and analysis,” said Tom Shea, CEO of OneStream. “As finance executives navigate today’s complex and changing business environment, OneStream provides the trusted data-driven insights for rapid decision making and improved financial and operational performance.”
This news is the latest recognition from OneStream this year. The company continues its strong momentum and growth in 2022. OneStream reported annual recurring revenue (ARR) of over $250 million in the first half of 2022, a year-over-year increase of over 60%, and expanded its customer base to over 1,000 customers worldwide.
Writing in the Magic Quadrant for Financial Planning Software, Regina Crowder and Matthew Mowrey, Senior Director Analysts, and Farrah Watson, Director Analyst, “Financial planning software is at the forefront of financial modernization efforts. It has achieved this prominent position as CFOs and FP&A leaders take a leadership role in driving more agile, accurate and continuous enterprise-wide planning, with the aspiration to become valued strategic business partners to the rest of the organization.”
