OneStream Software Recognized as a Leader in 2023 Gartner® Magic Quadrant™ for Financial Planning Software

BIRMINGHAM, Mich. ~ For the second consecutive year, OneStream Software has been recognized as a Leader in the Gartner Magic Quadrant for Financial Planning Software. The evaluation was based on their Ability to Execute and Completeness of Vision and placed OneStream in the Leaders Quadrant.

Tom Shea, CEO at OneStream, expressed his gratitude for the recognition. He said, "We are honored to be recognized as a Leader in the Gartner Magic Quadrant for Financial Planning Software for the second consecutive year. We believe this recognition, on the heels of our Leader position for Financial Close and Consolidation, underscores our continued momentum in the market and the value that OneStream's unified platform delivers to customers, enabling agile financial and operational planning and reporting processes."

The news follows OneStream's recent recognition as a Leader in the 2023 Gartner Magic Quadrant for Financial Close and Consolidation Solutions. The company reported over $400M in Annual Recurring Revenue (ARR), up nearly 40% year-over-year, in the third quarter and expanded its customer base to over 1,300 customers globally.

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Regina Crowder, Matthew Mowrey and Vaughan Archer from Gartner wrote that organizations use financial planning software to improve their financial planning and decision-making processes. They added that when implemented in support of sound processes, financial planning software gives organizations reliable outputs to make better informed decisions which results in improved end-to-end financial planning processes.

OneStream has also recently launched its Sensible Machine Learning solution which has been met with positive feedback from customers. The company is continuing to invest in its platform with expanded AI and ML capabilities to help Finance leaders steer the business accurately predict future performance and enable more confident decisions.

Those interested can download a complimentary copy of the 2023 Gartner Magic Quadrant for Financial Planning Software on OneStream's website or read their blog post about being named a leader in Financial Planning Software by Gartner.
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