OneStream Inc., the leading enterprise finance management platform, has unveiled its latest advancements in AI-driven forecasting with the release of its SensibleAI solutions. These include SensibleAI Agents, SensibleAI Studio, SensibleAI Account Reconciliations, and the most advanced SensibleAI Forecast. The new capabilities aim to enhance the accuracy and efficiency of financial forecasting by combining data-driven prediction with generative AI. The SensibleAI Forecast is reported to improve forecast accuracy by over 25% and reduce cycle times by over 85% by automating data preparation, model selection, and prediction generation. The integration of these AI solutions across the OneStream platform assists finance leaders in navigating uncertainty, identifying risks, running what-if scenarios, and making confident decisions more swiftly. This development is aligned with the findings of OneStream's Finance Talent Crunch Survey, which highlights a gap in AI skills among finance professionals. By embedding AI tools within its platform, OneStream aims to automate manual tasks, allowing finance teams to focus on higher-value analysis and decision-making. Rebecca Yu, Head of Commercial Finance at Endeavour Energy, noted that implementing the SensibleAI Forecast improved their forecast error margin from six percent to two percent, resulting in significant financial savings. CEO Tom Shea emphasized the relevance of OneStream's offerings in helping finance teams lead with confidence amid economic volatility and growing demands for strategic insights.
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