Axiom Software by Syntellis Performance Solutions

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Axiom Software by Syntellis Performance Solutions
Score 7.9 out of 10
Enterprise companies (1,001+ employees)
Syntellis Performance Solutions provides enterprise performance management software, data and analytics solution for healthcare organizations, financial institutions, and higher education institutions. Axiom arms finance teams and executives with tools for budgeting, forecasting, planning, and reporting, so they can analyze results, model the future, and make more strategic decisions. Their solutions include enterprise planning, cost and decision support, and financial and clinical…N/A
Pricing
Axiom Software by Syntellis Performance Solutions
Editions & Modules
No answers on this topic
Offerings
Pricing Offerings
Axiom Software by Syntellis Performance Solutions
Free Trial
No
Free/Freemium Version
No
Premium Consulting/Integration Services
No
Entry-level Setup FeeNo setup fee
Additional Details
More Pricing Information
Community Pulse
Axiom Software by Syntellis Performance Solutions
Features
Axiom Software by Syntellis Performance Solutions
Budgeting, Planning, and Forecasting
Comparison of Budgeting, Planning, and Forecasting features of Product A and Product B
Axiom Software by Syntellis Performance Solutions
5.9
Ratings
33% below category average
Long-term financial planning5.70 Ratings
Financial budgeting7.70 Ratings
Forecasting5.70 Ratings
Scenario modeling3.80 Ratings
Management reporting6.40 Ratings
Consolidation and Close
Comparison of Consolidation and Close features of Product A and Product B
Axiom Software by Syntellis Performance Solutions
4.4
Ratings
57% below category average
Financial data consolidation2.90 Ratings
Local and consolidated reporting5.40 Ratings
Detailed Audit Trails4.80 Ratings
Financial Reporting and Compliance
Comparison of Financial Reporting and Compliance features of Product A and Product B
Axiom Software by Syntellis Performance Solutions
5.1
Ratings
45% below category average
Financial Statement Reporting6.80 Ratings
Management Reporting5.60 Ratings
Excel-based Reporting5.10 Ratings
Automated board and financial reporting3.90 Ratings
XBRL support for regulatory filing4.20 Ratings
Analytics and Reporting
Comparison of Analytics and Reporting features of Product A and Product B
Axiom Software by Syntellis Performance Solutions
3.8
Ratings
72% below category average
Personalized dashboards3.80 Ratings
Color-coded scorecards4.80 Ratings
KPIs5.10 Ratings
Cost and profitability analysis1.00 Ratings
Key Performance Indicator setting4.60 Ratings
Benchmarking with external data3.50 Ratings
Integration
Comparison of Integration features of Product A and Product B
Axiom Software by Syntellis Performance Solutions
6.0
Ratings
33% below category average
Flat file integration5.00 Ratings
Excel data integration8.40 Ratings
Direct links to 3rd-party data sources4.50 Ratings
User Ratings
Axiom Software by Syntellis Performance Solutions
Likelihood to Recommend
5.6
(0 ratings)
Support Rating
7.0
(0 ratings)
User Testimonials
Axiom Software by Syntellis Performance Solutions
Likelihood to Recommend
Axiom is ideal for organizations with multiple departments that need to collect, share, and integrate data from common internal data sources. The product is best for very large organizations with a lot of financial backing. I wouldn't suggest using Axiom if you're a small organization or only one department, for example.
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Pros
  • Extremely flexible and dynamic allowing for customizations that align with our business needs
  • The database structure within Axiom allows us to create custom tables for adhoc data analysis
  • The processing time of Axiom (daily imports, monthly imports, Budgeting processes) are extremely favorable allowing us to cut our budget cycle time in half compared to our previous system.
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Cons
  • Implementation is quite Complex and requires both IT and Financial buy-in
  • Reporting solution has some learning curve for end users
  • Calculation methods within reporting can be opaque and hard to trace
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Support Rating
For the scale of our implementation, Axiom only assigned two consultants who were both completely new to the company. It felt like we were all learning about the product together, when you would expect them to already be experts at their own product. The team also made a good bit of mistakes throughout production and go-live, which then caused more work internally for us. The team lead for our project also just left the company, so we'll see how next year's planning goes
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Alternatives Considered
The only other system I have worked with was the Fiserv MPC product, which is what we had Axiom replace. The Fiserv MPC product does not even come close to the functionality of Axiom. For our Budget, we would have to run an Excel Macro in Fiserv MPC overnight which took about 8 hours to process in order for us to to see the results of the inputs we did the previous day. With Axiom, the non-margin items (Non-Interest Expense, Non-Interest Income) are real time - as soon as you click Save, the data is available. On the Cash Flow Margin side (Loans & Deposits), it takes about 5 minutes to fully process in Axiom approx. 30,000 records, which is extremely favorable.
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Return on Investment
  • Forecasting has improved
  • Complexity of analysis has improved as well
  • Our main data has been confused as we started using Axiom
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