What is the primary function of the Planning Module in OneStream?

The primary function of the Planning Module in OneStream is to facilitate collaborative budgeting and forecasting. This module is designed to enable organizations to engage in a structured process for budget creation and forecasting, allowing multiple stakeholders to collaborate effectively across departments. It supports the planning process by providing tools for scenario analysis, driver-based forecasting, and integrated financial planning, which help organizations to create accurate and timely budgets and forecasts. Collaborative features allow teams to share inputs and insights, thereby enhancing the quality of the planning process and ensuring alignment with organizational objectives.

In contrast, while creating real-time reports is an important feature of OneStream’s various modules, it is not the main focus of the Planning Module. Managing user permissions is primarily related to security and access control, rather than the specific tasks associated with planning activities. Integrating external financial systems is a part of the broader functionality of OneStream as a unified platform but does not specifically define the role of the Planning Module. Therefore, collaborative budgeting and forecasting is at the heart of what this module is designed to achieve.