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“Our core and industry-specific solutions comprise of one, truly unified platform that is designed to accelerate enterprise performance management (EPM),” asserts Jason Sussman, CEO, Software Division, Axiom EPM. “Our software embraces and extends Microsoft Excel functionality to manage data in a familiar environment while providing unmatched modeling flexibility.” The Portland, OR-based firm offers intuitive, easy to use software for broad adoption across organizations and also provides robust, sophisticated modeling to accommodate complex plans. With Axiom EPM, insurance companies can also plan and monitor performance, ultimately improving customer retention and acquisition. Further, the solutions integrate financial and operational data from varied sources for trusted reporting and operates performance management in the cloud, on-premise or on any mobile device. Axiom Software Suite for budgeting and planning are connected to market and serves as the operational drivers of a customer’s organization.
“Our budgeting and forecasting solution supports rolling forecasts and all forms of planning, including driver-based, staff, sales, long-range, and strategic,” delineates Sussman. Eliminating the pitfalls around the error-prone stand-alone spreadsheets, Axiom’s software evaluates the impact of changing assumptions on projected financial futures.
Our core and industry-specific solutions comprise of one, truly unified platform that is designed to accelerate enterprise performance management (EPM)
Furthermore, Axiom software’s strategy management solution helps organizations to define and track goals, strategies, and tactics by developing and identifying key performance indicators (KPIs) and target metrics. It tends to create a comprehensive multi-year plan inclusive of financial and operational data including corporate targets additionally creating scorecards for stakeholders to view organizational performance.
In one instance, Axiom EPM assisted United States Federal Credit Union (UNFCU), as they were in need of a centralized repository of data. UNFCU wanted to leverage a Microsoft Excel-based solution, and embrace the familiarity of Excel while expanding on some of its capabilities. They were running into roadblock as their executives had minimal control over data. With Axiom EPM’s profitability, budgeting, reporting and funds transfer pricing solutions for financial institutions, UNFCU was able to significantly save time in financial reporting. Axiom offered complete transparency into Funds Transfer Pricing (FTP) calculations and cash flows for the client. UNFCU strengthened their existing capabilities by leveraging FTP results to better understand profit contributions for budgets and actual results.
The success stories of Axiom stand as a testament to the functionality and vast applicability of its solutions in addressing the issues in the realm of financial planning and budgeting. “We wish to explore the future by serving our clients as a trusted advisor and helping them drive widespread user adoption of solutions to make their invaluable information and analysis flow through their systems,” concludes Sussman.