Black Diamond Advisory
Black Diamond Advisory is a global digital finance transformation firm and the largest Diamond-level OneStream Software consulting partner, serving enterprise CFOs across 10+ verticals with proprietary BDA Solutions, AI-enabled transformation, and managed services delivered from offices in the US, Canada, UK, and Australia.
- Company typePrivate
- Founded2019
- HeadquartersGolden, United States
- Headcount101–250
- GTM typeB2B
- OfferingServices
What Black Diamond Advisory does
Black Diamond Advisory is a global digital finance transformation consulting firm specializing exclusively in implementations of OneStream Software's unified Corporate Performance Management (CPM) platform. Headquartered in Golden, Colorado, with regional offices in Calgary (Canada), Royston (UK/EMEA), and Sydney (APAC), the firm serves enterprise CFOs and finance functions across 10+ verticals including Manufacturing, Banking, Hospitality/Gaming, Healthcare, Higher Education, Private Equity, Insurance, Energy, Transportation, and Technology. The company self-describes as the largest global OneStream consulting firm, with 150+ projects delivered and Diamond-level plus Development Partner status within the OneStream ecosystem.
The firm's core technology stack is the OneStream platform, augmented by the proprietary BDA Framework — a suite of 11 utility solutions (BDA Code Optimizer, Cube View Editor, Data Explorer, Drill Down Editor, Item Explorer, Metadata Manager, Scenario Manager, Security Manager, Stage Data Explorer, Task Editor, and Text & Cell Detail Explorer) distributed through OneStream's PartnerPlace marketplace. On top of this, BDA sells configurable BDA Solutions including the Accordion Rolling Forecast, Compensation Planning, Capital and Project Planning, Sales & Operational Planning, Profitability Cost Management, Strategic Finance, Master Data Management, and Machine Learning modules. The portfolio is rounded out by a branded BDAi AI solutions practice and ongoing Summit Services for post-implementation platform optimization.
Black Diamond's revenue model combines professional services (project-based implementation, advisory, and transformation engagements), recurring software licensing of BDA Solutions via the OneStream marketplace (annual subscription), and managed services through Summit. GTM is predominantly direct enterprise sales targeting CFOs at mid-market and large enterprises, supplemented by OneStream Diamond-level referrals and co-selling with ecosystem partners (Vic.ai for AI-driven AP, infinitySPM for sales performance management, Workiva for reporting). The firm received a $25 million minority investment from Tercera in September 2022 to accelerate growth and global expansion.
Black Diamond Advisory firmographics
Firmographics- Name
- Black Diamond Advisory
- Legal name
- Black Diamond Advisory
- Website
- https://blackdiamondadvisory.com
- Company type
- Private
- Founded year
- 2019
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Black Diamond Advisory is a global digital finance transformation firm and the largest Diamond-level OneStream Software consulting partner, serving enterprise CFOs across 10+ verticals with proprietary BDA Solutions, AI-enabled transformation, and managed services delivered from offices in the US, Canada, UK, and Australia.
- Ownership category
- akta.pro rank
Black Diamond Advisory industry classification
Industry- Product category
- Corporate Performance Management Consulting
- NAICS
- Management Consulting Services (54161)
- SIC
- Services-Management Consulting Services (8742)
- akta.pro primary industry
- Corporate Development & Strategic Partnerships Advisory (JVs, Alliances, Carve-outs) (BPAHAOAG)
Keywords
Where Black Diamond Advisory is headquartered
LocationHeadquarters
- HQ city
- Golden
- HQ country
- United States
- HQ region
- North America
Offices4 records
Markets served
Black Diamond Advisory business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations, Others
Revenue model
- Professional Services / Consulting: Implementation, advisory, and consulting services for OneStream deployments. Services include financial transformation, change management, process automation, and OneStream solutions delivery. Revenue generated through project-based engagements with enterprises.
- Software Licensing and Subscriptions: BDA Solutions including BDA Accordion Rolling Forecast, Compensation Planning, Capital Planning, and Utility Bundle are licensed to customers. Software Subscription Agreement and Standard Software License Agreement documents indicate recurring licensing model.
- Summit Services (Managed Services): Ongoing platform optimization and support services providing continuous innovation to maximize OneStream value. Delivered by dedicated team of OneStream experts with consultative experience.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Enterprise consulting and implementation services |
| Subscription | Annual | Software subscription and licensing |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels9 records
Black Diamond Advisory product offering
Product offeringCore offering
Black Diamond Advisory is a global consulting firm that implements, configures, and supports the OneStream Corporate Performance Management (CPM) platform for enterprise finance teams. It sells its own proprietary BDA Solutions (including Accordion Rolling Forecast, Compensation Planning, Capital and Project Planning, and the BDA Core Technology utility suite) as licensed software add-ons, and delivers implementation, change management, and managed (Summit) services.
Product overview
Black Diamond Advisory is a global consulting firm and OneStream Diamond Partner specializing in financial transformation and performance management solutions. The company's offerings are structured around the OneStream unified Corporate Performance Management (CPM) platform. Its portfolio includes: BDA Solutions (proprietary configurable solutions built on OneStream including Accordion Rolling Forecast, Compensation, Capital & Project Planning, Core Technology, Stream Map, Sales and Operational Planning, Profitability Cost Management, Data Integration, Strategic Finance, Master Data Management, Rounding, Compensation Travel Planning, Advanced Reporting, Machine Learning, Allocations, and Capital); Solutions Exchange (11 utility tools including BDA Code Optimizer, Cube View Editor, Data Explorer, Drill Down Editor, Item Explorer, Metadata Manager, Scenario Manager, Security Manager, Stage Data Explorer, Task Editor, and Text & Cell Detail Explorer); Summit Services (ongoing platform optimization and support); Advisory Services (Financial Transformation, Change Management, Process Automation, Program Management); and BDAi AI-powered solutions. The company also maintains strategic partnerships with Vic.ai for AI-driven finance transformation and infinitySPM for Sales Performance Management on OneStream.
Differentiator
Problem solved
Functional benefit
Brands
- BDA Solutions: Proprietary set of tools and technology built to accelerate rapid deployment and enhanced user experience in the OneStream platform.
- Accordion Rolling Forecast
- Summit Services
- BDAi
Products and services
- OneStream Implementation Services End-to-end implementation of OneStream Corporate Performance Management capabilities — including financial consolidation, account reconciliation, transaction matching, tax provision, task management, financial signaling, planning and forecasting, people planning, capital planning, long-range planning, project planning, and reporting and analytics — for enterprise finance teams.
- BDA Accordion Rolling Forecast Configuration-driven solution that enables dynamic rolling forecasts that adjust as the fiscal year progresses, with forecast horizons of 13-23 months, 30+ planning methods, robust dashboarding, and a modern user experience.
- BDA Compensation Planning Workforce and salary planning solution built for the Office of the CFO, providing guided employee planning, secure salary data management, flexible reporting, transfers, promotions, splits, and workforce reductions.
- BDA Capital and Project Planning Comprehensive capital expense planning solution covering asset/project cost, life, spend, and expense, with pre-built business rules, capital categories, and depreciation classifications for faster implementation and accurate forecasting.
- BDA Solutions Portfolio Suite of additional proprietary BDA software solutions on OneStream covering stream mapping, sales and operational planning, profitability and cost management, data integration, strategic finance modeling, master data management, allocations, advanced reporting, and machine learning–driven forecasting.
- BDA Core Technology Utilities (Solutions Exchange) Set of 11 utility tools for OneStream administrators and developers — BDA Code Optimizer, Cube View Editor, Data Explorer, Drill Down Editor, Item Explorer, Metadata Manager, Scenario Manager, Security Manager, Stage Data Explorer, Task Editor, and Text & Cell Detail Explorer — that accelerate deployment and improve the OneStream user experience.
- Summit Services Managed services offering providing ongoing OneStream platform optimization, support, and strategic guidance from a dedicated team of OneStream experts, delivering proactive continuous innovation and tactical platform guidance for customers post-implementation.
- BDAi (AI Solutions) AI-powered solutions enabling accelerated decision-making and automation with practical tools that drive measurable ROI, including AI-readiness health checks; leverages OneStream SensibleAI Studio and partner platforms such as Vic.ai.
- Advisory Services Strategic advisory covering finance, technology, and AI transformation strategy, change management, program management with proprietary OneStream-specific tools and templates, and process automation using digital systems — for enterprises undertaking finance transformation initiatives.
Quantifiable outcome
- 80%+ autonomous processing rates with Vic.ai integration
- +1 more outcomes
Companies that use Black Diamond Advisory
Customer profileNamed customers11 records
Segments10 records
Ideal customer profiles4 records
Black Diamond Advisory technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability7 records
Feature7 records
Black Diamond Advisory partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered strategic and flagship.
- Vic.aistrategicStrategic partnership with Vic.ai, AI-native autonomous finance platform, to help organizations modernize core finance operations. Vic.ai automates accounts payable and accounting workflows. BDA provides strategic advisory, implementation, and optimization services for Vic.ai.
- infinitySPMstrategicStrategic partnership with infinitySPM, Sales Performance Management solution built natively on OneStream platform. Extends enterprise planning to include sales operations, incentive compensation, and revenue execution. BDA provides strategy, implementation, and optimization services for infinitySPM.
- OneStream SoftwareflagshipDiamond-level and Development Partner of OneStream Software. Core partnership anchoring all solutions delivered. Company operates exclusively with OneStream, considered the future of digital finance. Has close relations with OS product team.
Scale indicators6 records
Recent moves6 records
Expansion highlights6 records
Black Diamond Advisory competitors and assessment
Company assessmentBroad incumbents
- Slalom: Slalom is a global management and technology consulting firm with a significant OneStream partnership and broader EPM/CPM practice. It competes with BDA on mid-market and enterprise OneStream implementations while also offering adjacent cloud, data, and AI services.
- KPMG: KPMG's Advisory business delivers EPM/CPM implementations including OneStream engagements to enterprise clients, often integrated with audit and risk advisory offerings. It represents a global incumbent peer competing on enterprise transformation mandates.
- PwC: PwC's Advisory practice includes enterprise performance management and OneStream deployment capabilities as part of its broader finance transformation portfolio. It competes for enterprise EPM engagements where bundled advisory services are valued.
- BDO USA: BDO USA is a global accounting and advisory network with an EPM/CPM practice that includes OneStream implementations. It competes with BDA on mid-market finance transformation engagements, often bundled with tax and audit advisory services.
- Accenture: Accenture's Finance & Risk practice implements OneStream and competing EPM platforms for global enterprises. Its scale, vendor partnerships, and ability to bundle change management make it a frequent competitor on large multi-workstream transformation deals.
- Deloitte: Deloitte's Finance Transformation and EPM practice delivers OneStream and competing CPM implementations to large enterprise clients. As a Big 4 firm it competes with BDA on RFPs for global finance transformation programs, often bundling audit, tax, and advisory services.
Direct peers
- Protiviti: Protiviti is a global consulting firm specializing in risk, finance, and technology with a OneStream implementation practice. It directly competes with BDA on CPM deployments and finance transformation engagements, especially in regulated industries.
- Clarkston Consulting: Clarkston Consulting is a boutique management and technology consulting firm with a dedicated EPM/CPM practice that delivers OneStream implementations. It is comparable to BDA as a specialist partner serving consumer products and life sciences enterprises with similar OneStream-led transformation engagements.
- Apex EPM: Apex EPM is a Diamond-level OneStream Software implementation partner focused exclusively on enterprise performance management consulting. It is BDA's closest direct competitor in the OneStream-niche consulting space, serving enterprise customers with similar CPM deployment, advisory, and managed services offerings.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Black Diamond Advisory social profiles
Digital presenceBlack Diamond Advisory compliance and trust
Trust signalCompliance1 record
Black Diamond Advisory financial estimates
Financial estimateRevenue estimate
Valuation estimate
Black Diamond Advisory leadership team
Management profileNumber of profiles
Profiles13 records
Black Diamond Advisory funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Black Diamond Advisory M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Black Diamond Advisory
What does Black Diamond Advisory do?
Black Diamond Advisory is a global consulting firm that implements, configures, and supports the OneStream Corporate Performance Management (CPM) platform for enterprise finance teams. It sells its own proprietary BDA Solutions (including Accordion Rolling Forecast, Compensation Planning, Capital and Project Planning, and the BDA Core Technology utility suite) as licensed software add-ons, and delivers implementation, change management, and managed (Summit) services.
Is Black Diamond Advisory a public or private company?
Black Diamond Advisory is a private company. It is classified as venture growth investor backed and is currently operating.
When was Black Diamond Advisory founded?
Black Diamond Advisory was founded in 2019. It employs 101 to 250 people.
Where is Black Diamond Advisory based?
Black Diamond Advisory is headquartered in Golden, United States, in the North America region.
How does Black Diamond Advisory make money?
Three revenue lines are on record. Professional Services / Consulting is the primary driver. The others are software Licensing and Subscriptions and summit Services (Managed Services).
Who are Black Diamond Advisory's main competitors?
Broad incumbents on record are Slalom, KPMG, PwC, BDO USA, Accenture and Deloitte. Direct peers are Protiviti, Clarkston Consulting and Apex EPM.
Does Black Diamond Advisory have an API?
No public API is recorded for Black Diamond Advisory.
What industry is Black Diamond Advisory in?
Black Diamond Advisory's product category is Corporate Performance Management Consulting. Its primary akta.pro industry code is BPAHAOAG, Corporate Development & Strategic Partnerships Advisory (JVs, Alliances, Carve-outs). Its NAICS code is 54161 and its SIC code is 8742.