Insights on OneStream, CPM & Finance Transformation | Nova Advisory Blog

Power of Extensible Dimensionality: Transforming Financial Management — Episode 18

Written by Nova Advisory | Wed, Jul 3, 2024

If your finance systems force you to choose between corporate standards and operational flexibility, you’re fighting the wrong battle. In this episode of CPM Customer Success, Andy Smetana, CRO at Nova Advisory, breaks down one of OneStream’s most powerful differentiators: Extensible Dimensionality. Andy demystifies what it is, why it matters, and how it enables finance teams to meet enterprise-wide controls while still supporting the unique needs of the business—all without added complexity or late nights.

Episode Summary

Andy takes a deep dive into Extensible Dimensionality and explains why it’s a foundational capability within the OneStream platform. He walks through how traditional finance systems struggle with rigid dimensions and excessive customization, increasing risk and maintenance overhead. Through practical explanations and real-world examples, Andy shows how Extensible Dimensionality allows data to remain consistent and controlled at the corporate level, while still enabling flexibility for reporting, planning, and operational insight. The episode highlights how this approach improves data management, reduces risk, and accelerates decision-making across the Office of Finance.

 

Listen now:

What You’ll Learn

  • What Extensible Dimensionality is—and how it actually works

  • Why traditional dimensional models limit finance agility

  • How OneStream balances corporate standards with operational flexibility

  • How Extensible Dimensionality reduces risk and system complexity

  • Why this capability is essential for modern finance teams

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