OneStream Recognized as Exemplary in ISG Record to Report Buyers Guide
Article excerpt
OneStream recognized as Exemplary in ISG Record to Report Buyers Guide. In today's dynamic economic landscape, the Record to Report (R2R) process is more than just the financial close - it's a strategic engine that drives transparency, compliance, and effective decision-making. The newly released 2025 ISG Buyers Guide for Record to Report solutions sheds light on the latest challenges, innovations, and standout performers in this critical domain, including OneStream, which was named Exemplary with the highest overall rating in Financial Close, Consolidation, and overall Record to Report. What is Record to Report and why does it matter? The R2R cycle encompasses the end-to-end process of finalizing and summarizing financial activities for a given accounting period - typically monthly, quarterly, or annually. It includes recording transactions, reconciling accounts, consolidating financial data, closing the books, and producing accurate financial statements and management reports. For enterprises, R2R is more than just a compliance exercise. It's a strategic enabler that: * Ensures financial transparency and accountability * Supports timely decision-making * Enhances investor confidence * Enables regulatory compliance across jurisdictions Key challenges and trends in R2R. ISG's 2025 Record to Report Buyers Guide highlights several pressing challenges facing finance...
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OneStream's financial close software was recognized as Exemplary in all three platform categories, earning the highest overall scores in both Product and Customer Experience in each category.
