OneStream Software Exceeds 100% Revenue Growth in 2018 Fueled by Strong Cloud Adoption and Legacy Replacements in Large Enterprises

Corporate Performance Management (CPM) software provider achieved
over 130% sales growth, grew customer base by 66% and scored
industry-leading customer satisfaction ratings

ROCHESTER, Mich.–(BUSINESS WIRE)–OneStream
Software LLC
, a leading provider of cloud or on-premise Corporate
Performance Management solutions for mid-sized to very large
enterprises, achieved 137 percent year-over-year growth in software
sales in 2018 and record profitability. Strong growth was driven by
accelerated cloud adoption and an increase in businesses migrating from
multiple legacy planning, financial consolidation and reporting or
account reconciliation products to the OneStream SmartCPM™ platform.
More than 75 percent of new OneStream customers replaced one or more
Oracle Hyperion, SAP, IBM or other products; in some cases, eliminating
as many as a dozen legacy products by migrating to the unified OneStream
platform.

“2018 was an unprecedented year for OneStream Software with record
revenue, profit, new strategic partnerships, global expansion and the
rapid delivery of several new business solutions through our innovative
XF MarketPlace,” said Tom Shea, CEO of OneStream Software. “We’ve now
delivered more than 50 solutions on our MarketPlace that our customers
can download, configure and deploy – significantly accelerating the time
to value for new or extended capabilities. The flexibility and
scalability of our architecture continues to position OneStream as a
true platform for the office of finance that allows for extended
solutions above and beyond core financial consolidation, reporting and
planning.”

More Customers, Broader Reach

OneStream added more than 120 new customers in 2018, bringing the total
to more than 300. New customers added include: Herbalife, Toyota, McCain
Foods, University of Cambridge, UPS®, Polaris, Sasol, and KLM; many of
whom are deploying OneStream to thousands of users around the globe. For
information on customer success visit: https://www.onestreamsoftware.com/testimonials.

“Our customers want a platform that they can depend on to expand, extend
and scale as their needs do, without the burden of reimplementation or
migration that they’ve faced with their legacy solutions,” said Craig
Colby, chief revenue officer. “We developed OneStream XF and the XF
MarketPlace with this in mind from the outset. Our incredible growth in
2018 and the success and satisfaction of our customers validate the
business value of an extensible finance platform.”

To expand its reach in the public sector, OneStream became the first and
only CPM vendor to receive the FedRAMP
Moderate authorization
, making the OneStream XF Cloud CPM platform
more accessible to federal agencies seeking solutions for financial
consolidation, reporting, planning, analysis and data quality.

Customer Engagement and Recognition

OneStream’s annual Splash User Conference and Partner Summit reflected
growing customer and partner interest in the SmartCPMTM
platform with a record 1,100 attending Splash in Chicago and Amsterdam
in 2018. The 2019
Splash conferences
will be held in New Orleans in May and in Madrid
in September.

The impact of OneStream’s mantra of 100 percent customer success was
reflected in market-leading customer satisfaction ratings in 2018,
including an overall rating on Gartner
Peer Insights
of 4.9 out of 5 for the Cloud Financial Close
Solutions market based on 24 total ratings and 4.8 out of 5 for the
Cloud Financial Planning and Analysis Solutions market based on 40 total
ratings as of January 22, 2019.

Additional recognition included leadership in the BPM
Partners Pulse Survey
, the BARC
Planning Survey
, the Dresner
Advisory Enterprise Planning Market Study
and the Nucleus
Research Value Matrix
. OneStream was also named to the Deloitte
Fast 500
and Inc.
5000
for 2018.

New Partnerships, Broader Markets, Growing Team

OneStream forged over 30 new or expanded strategic partnerships with
global services providers, including PwC, EY Advisory Services, The
Hackett Group, Riveron, Spaulding Ridge and Sonum International. The
company also expanded several US offices, opened new offices in Germany,
France and Spain, and is evaluating new markets for expansion in 2019.
OneStream added over 90 new employees globally in 2018 to support the
tremendous growth including the appointment of Dave Kasabian as its
first chief marketing officer as well as building executive leadership
in key functional areas including Alliances, Sales, Services, Marketing,
Operations and Customer Success.

In addition, OneStream Software announced today a significant investment
from KKR to support and accelerate future growth and expansion. Learn
more at https://www.businesswire.com/news/home/20190207005186/en/OneStream-Software-Receive-Significant-Investment-KKR

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 in the cloud or on-premise, OneStream XF is one
of the first and only solutions that delivers corporate standards and
controls, with the flexibility for business units to report and plan at
additional levels of detail without impacting corporate standards – all
through a single application.

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. OneStream was named to the
2018 Deloitte Fast 500 ranking in North America.

Contacts

For OneStream Software
Chris McManus
(917) 324 0808
[email protected]