OneStream Conference Call Summary Company Overview - **Company**: OneStream (NasdaqGS:OS) - **Industry**: Corporate Performance Management (CPM) Software Key Points and Arguments Company Background and Founding - OneStream was founded to address the technical debt and complexity associated with multiple legacy financial reporting products, particularly those from Oracle, SAP, and IBM [4][5][6] - The founding thesis was to create a unified platform that rationalizes various financial processes into a single system, allowing for extensibility and integration of new functionalities [7][9] Platform Extensibility - The OneStream platform is likened to a smartphone, where core functionalities (e.g., consolidation, planning) are built-in, and additional applications can be developed without third-party technology [9][10] - The introduction of applications like Account Reconciliation and ESG reporting demonstrates the platform's ability to adapt to customer needs and market trends [12][10] Market Position and Competitive Advantage - OneStream targets large, sophisticated businesses, leveraging its history with Hyperion to establish credibility in complex financial environments [14][15] - The company has grown to 1,700 customers, including major brands like Costco and General Motors, by consolidating multiple systems into a single financial processing engine [15] - The introduction of CPM Express aims to accelerate implementation times and provide best practice solutions for new customers, enhancing scalability [16][51] AI Integration and Future Strategy - OneStream is focused on integrating AI into its platform, with products like SensibleAI Forecast and AI Studio gaining traction among customers [46][47] - The company emphasizes the importance of connecting AI capabilities to its financial data backbone, ensuring reliable and actionable insights [24][25] - The competitive landscape includes potential threats from AI-native companies, but OneStream believes its established workflows and data integrity provide a significant moat [18][19][24] Financial Performance and Guidance - OneStream has consistently achieved over 20% growth in subscription revenue, with a positive outlook for future growth driven by AI adoption and market conditions [45][46] - The company acknowledges short-term headwinds in government contracts due to regulatory changes but remains confident in its long-term strategy [49][50] Customer Profile and Product Usage - Most customers begin with core functionalities like planning or consolidation, with many moving towards AI solutions as they recognize the operational benefits [58][59] - The company aims to educate the market on AI's potential, which is seen as a barrier to faster adoption [48] Future Priorities - The CEO expresses excitement about the productization strategy and the integration of AI, viewing these as transformative for the company's growth and customer satisfaction [61] Additional Important Insights - The company is developing a plug-and-play architecture to streamline implementations, which is expected to enhance customer onboarding and satisfaction [15][16] - OneStream's ability to handle complex financial calculations, such as intercompany transactions and joint ventures, sets it apart from generic analytic tools [39][40] This summary encapsulates the key discussions and insights from the OneStream conference call, highlighting the company's strategic direction, market positioning, and future growth opportunities.

Core Insights - OneStream has launched four new SensibleAI capabilities aimed at enhancing finance teams' forecasting, insights, and productivity [1][4][12] - The SensibleAI solutions are integrated throughout the OneStream platform, addressing planning, forecasting, close processes, and reporting [1][12] SensibleAI Capabilities - SensibleAI Agents are AI-powered chat assistants that facilitate data retrieval, analysis, visualization, and task execution within existing workflows [5][6] - SensibleAI Studio offers over 30 AI routines for teams with limited data science expertise, enabling anomaly detection and performance optimization [7][8] - SensibleAI Account Reconciliations automate the reconciliation process, improving compliance and reducing manual effort [11] - SensibleAI Forecast combines machine learning and generative AI to enhance forecasting accuracy by over 25% and reduce cycle times by more than 85% [12][13] Market Context - A recent survey indicated a significant skills gap in finance, with 89% of finance students feeling prepared to use AI, compared to only 54% of senior professionals [2] - The pressure on finance leaders is increasing due to economic volatility and rising expectations for strategic insights [4]