Press
Axiom EPM and Kaufman Hall announce innovative new performance management capabilities in the cloud
Release 8.0 Features Advanced Customization Tools, New Visualization and Dashboard Capabilities, Integrated Process Management and a Full Excel Experience in the Cloud
LAS VEGAS, NV (March 16, 2015) — Axiom EPM, a Kaufman Hall company and a leading provider of cloud and on premise financial planning software for enterprises, today announced the release of Axiom EPM 8.0, the latest version of the company’s performance management software platform. With an audience of more than 300 CFOs and financial professionals from around the globe in attendance at its 2015 Performance Management Summit in Las Vegas, the company unveiled the latest performance management capabilities, extending its leadership as the most sophisticated, flexible and easy to use enterprise planning tool in the industry.
Axiom EPM 8.0 features a variety of new capabilities to help finance professionals manage corporate performance. One innovation creating buzz with current and prospective clients is the ability to have a full Excel experience in the cloud. Unlike vendors who offer an “Excel-like” experience with browser-based grids or Excel plug-ins, Axiom EPM offers a true Excel experience architected on top of scalable, secure Microsoft Azure cloud infrastructure. The result is a high-performing cloud-based system that not only eliminates spreadsheet chaos, but also enables finance professionals to work in a familiar environment for maximum flexibility and broad organizational adoption.
“There is a lot of market hype around cloud, and for good reason – moving to the cloud can help to lower IT overhead, ease upgrades and optimize system performance,” said Peri Pierone, Axiom EPM President. “However, from listening to our customers, we realized the importance of providing a true Excel experience for FP&A ‘power users’. In combination with our simplified, browser-based UIs available for end users, our full Excel experience in the cloud truly separates us from all other offerings in the market today.”
Also announced at the Summit was a set of advanced customization tools that enable a tailored user experience for every role in the organization by bringing together task panes, menu bars, favorites and personalized home pages to closely align with the needs of each user type. Other innovations include an expanded set of dashboard features that enable powerful visualization options for communicating financial and operational results with board members and other organizational stakeholders, and a new process management feature that enables users to conduct full process orchestration, including definition, sequencing, ownership, scheduling, tracking and auditing.
In addition to core technology enhancements, the company also announced advances in tailored industry-specific solutions that enable clients to benefit from industry expertise and vertical-specific planning models built on best practices from partnering with over 1,000 organizations around the globe. Solution innovations include cost accounting, service line analytics and population health management in healthcare; profitability analytics, cash-flow planning and account pricing in banking; and enrollment, grant and student aid planning in higher education.
Pierone commented, “The momentum in our technology, industry-specific solutions and market adoption is incredible. The fact that our annual user conference has more than doubled in one calendar year is a great testament to our growth trajectory. Most importantly, I’m proud that we have grown the business and expanded our capabilities while maintaining the highest customer satisfaction in the industry by continuing to partner with our clients on the innovations that mean most to their organizations.”
About Axiom EPM and Kaufman Hall
Axiom EPM, a wholly-owned subsidiary of Kaufman Hall, provides sophisticated, flexible performance management solutions that empower finance professionals to analyze results, model the future, and optimize organizational decision making. Solutions for long-range planning, budgeting & forecasting, reporting & analytics, consolidations, capital planning, profitability & cost management are delivered on a single unified platform. Axiom EPM embraces and extends Microsoft Excel® functionality, allowing finance professionals to manage data in a familiar environment – while providing unmatched modeling flexibility and enterprise performance.
Kaufman Hall provides management consulting services and enterprise performance management software that help organizations realize sustained success amid changing market conditions. Since 1985, Kaufman Hall has been a trusted advisor to boards and executive management teams, helping them incorporate proven methods into their strategic planning and financial management processes and quantify the financial impact of their plans to consistently achieve their goals.