OneStream’s unique value proposition
OneStream is a unified corporate performance management (CPM) platform that consolidates financial planning, financial close, reporting, analytics, data management and artificial intelligence (AI) into a single solution. The platform’s flexible architecture and extensibility allow organizations to build custom applications on top of the core platform while maintaining native functionality for security, workflow management, system integration and data models.
1. Handling complex data requirements:
OneStream stands out through its ability to handle both relational and multidimensional data within a single platform. This dual capacity allows organizations to:
- Budget at unprecedented levels of detail (down to individual employees, labor categories or specific vendors)
- Extend planning horizons to meet contractual requirements and duration
- Maintain compliance with revenue recognition standards like Accounting Standards Codification (ASC) 606
2. Seamless integration capabilities:
OneStream offers leading data-integration and data-quality capabilities that enables seamless integration with existing systems, including enterprise resource planning (ERP) systems, customer relationship management (CRM), human capital management (HCM), data warehouses and any other source systems containing data that could be leveraged for the planning or close processes. This integration capability ensures that OneStream does not require manual replication of data, instead pulling transactional details from authoritative sources and validating their completeness and accuracy.
3. Mastering complex calculations:
One of the significant challenges in government contracting involves managing cost allocations, cascading indirect burden structures applied to direct costs and multiple methods for calculating revenue. Being able to expediently run these calculations across all projects creates efficiencies in understanding downstream impacts and running multiple scenarios for changes to indirect costs, rates, probability of win (PWINs), merit increases, direct cost mix and other drivers. OneStream addresses this complexity through:
- Dynamic sizing: The solution intelligently identifies which plan records need calculation, avoiding unnecessary processing of unmodified data.
- Flexible rate management: When indirect cost pool bases or rates change, admins or power users can run a “calculate all” function across all projects to immediately see impact to revenue, total costs and contract profit.
- Rapid processing: What previously required countless hours of manual work to recalculate each project across multiple users and Excel templates can now be completed organization-wide in a few minutes across thousands of projects.
4. AI-powered financial intelligence:
OneStream integrates artificial intelligence (AI) deeply into its platform to empower finance teams with faster and smarter decision-making. At the heart of this AI integration is the SensibleAI™ suite. The tools in the suite are purpose-built for finance, ensuring that AI is a core component of financial workflows and models. These capabilities span quantitative, generative and agentic AI, enabling accurate forecasting, automated insights and intelligent task execution. OneStream’s AI is embedded directly into the financial processes, offering transparency and financial intelligence by design. This allows finance teams to respond more effectively to changing business needs, all within a unified, extensible platform.
5. Crafted user experience:
Recognizing that user adoption is crucial to success, the solutions provide multiple interaction methods:
- Custom interfaces for users who prefer guided workflows
- Spreadsheet functionality for those who want Excel-like functionality
- Native security controls to protect sensitive project and employee information
- Resource utilization views that show project controllers real-time information about resource availability and planning conflicts across resources and projects
- Workflow control allowing finance leads to lock down periods and control when project controllers and project managers can make updates that impact plans and forecasts
- Centralized, controlled environment with proper versioning, audit trails, security and workflow management
Future evolution and capabilities
Looking ahead, the OneStream project planning solution continues to evolve with enhanced capabilities for:
- Organization restructuring: The platform simplifies the complex processes of reorganizations by allowing users to model structural changes and see their impact on project profitability and cost structures.
- Advanced customization: The flexible OneStream solution can accommodate increasingly sophisticated requirements, including customizable planning levels, copy/transfer plans between projects, leverage stored plan assumptions for repetitive tasks, diluted rates, burden and fee overrides, ceiling enforcement and more.
How we can help
For government contractors looking to modernize their planning processes, the OneStream solution offers a proven path forward that balances functionality with practical usability, backed by deep domain expertise and a track record of successful implementations.
Want to discover more about how OneStream transforms government contractor (GovCon) financial planning? Watch the full webinar recording here.
Baker Tilly’s strategic alliance with OneStream combines Baker Tilly’s deep government contracting industry experience with OneStream’s powerful financial planning and analytics capabilities. As an OneStream implementation partner, we provide a full suite of services to help you harness the capabilities of OneStream for your business.
See OneStream in action for your GovCon organization!