What does the Scenario Dimension primarily control?

The Scenario Dimension plays a critical role in managing different planning scenarios and versions within the OneStream platform. This dimension allows organizations to create and maintain multiple scenarios such as actuals, budgets, forecasts, and various what-if analyses. By utilizing the Scenario Dimension, users can easily switch between these scenarios to evaluate performance against different planning assumptions and strategies, helping in making informed business decisions.

In financial planning and analysis, having the ability to differentiate between various scenarios is essential. It enables teams to visualize and analyze potential outcomes based on different sets of variables, budget targets, or market conditions, thus enhancing the planning process and ensuring robust decision-making.

The focus of the Scenario Dimension on managing planning scenarios distinguishes it from duties like data access restrictions, simulations of future forecasts, or integration of external data sources, which while important, fall under other dimensions or functionalities within the OneStream framework.