Solutions

While Axiom is typically used for budgeting, planning and reporting purposes, the full set of generic components allows to virtually meet all kinds of CPM business requirements. Here are a few real-life examples:

Business case 1: Replace a legacy Access-Excel-VBA Reporting system

Case:

• “Black box” application, only a few employees understand the system (VBA knowledge required) and use it as a kind of employment insurance
• Very limited security
• Lots of manual interventions for data load (accounting, ERP, HR, …) and data export
• Rigid spreadsheet interface and large Excel files

Solution with Axiom:

• No longer a black box with a transparent, easy to maintain relational database model without VBA or other coding
• Very granular network integrated security
• Automatic data load and data export through scheduled ETL-tasks and workflows with date- or event-driven notifications
• Existing Excel files could be re-used with their specific layouts and formulas, additional Excel and web-based input forms were created for other manual data capture

Business case 2: Build a browser-based Management Initiatives creation and tracking system for worldwide multi-currency data collection in order to stimulate and manage synergies following a merger

Case:

• Create a new tailor-made browser-based data collection tool starting from screen-by-screen graphical and Excel/PowerPoint mockups designed by the Corporate Finance team
• Input screens have to be dynamic with a guided input logic, based on drop-down selections and other financial information provided for each initiative
• Corporate Finance team needs overview reports for periodical analysis and reporting to the Board

Solution with Axiom:

• Axiom webforms for user input through generic graphical components (dropdown lists, check boxes, date selectors, graphs, …)
• All input forms and reports (generated in HTML5) were designed in the Axiom Web Forms Assistant using Excel formulas for back-end calculations, without any HTML coding
• Automatic data import/export from/to the corporate SAP/HANA systems

Business case 3: Replace an in-house built CSR (Corporate Social Responsibility) reporting based on stand-alone Excel sheets

Case:

• The existing CSR reporting was managed with stand-alone Excel files sent back and forth between contributors and business analysts.
• The business logics (layouts and formulas) of the existing Excel files, which took several years to develop, has to be maintained where possible and enhanced
• Each period, lots of recurring manual operations are required to add actual data from ERP and other systems

Solution with Axiom:

• The new CSR reporting is managed through automated workflows and notifications, all files are secured and accessed from within the application
• The existing Excel layouts and formulas could be re-used, all input is now also saved into the Axiom relational database tables and immediately available for reporting in other formats
• Each period, automated ETL-tasks import data from other systems (SAP, HR, …)

Integrated Financial Planning and Analysis

Axiom Software provides sophisticated, flexible performance management solutions that empower finance professionals to analyze results, model the future, and optimize decision making. Solutions for long-range planning, budgeting and forecasting, reporting and analytics, profitability and cost management are delivered on a single integrated software platform.

Budgeting & Forecasting

The Axiom Budgeting and Forecasting solution enables finance professionals to streamline the financial planning process and link operational drivers to financial results for improved organizational decision making. Planners are able to leverage Axiom to create rolling forecasts to keep a clear eye on the future, while understanding key drivers behind the trends. 

Reporting & Analytics

The Axiom Reporting and Analytics solution is designed to be the financial and operational reporting hub for the entire organization, providing finance and operations professionals, as well as business users, with real-time access to insightful and actionable information. Dashboards and reports can be viewed on any type of web-enabled device.

Profitability & Cost Management

The Axiom Profitability Management solution provides visibility into what’s truly creating or eroding profitability; Finance professionals can quickly and easily create full profit and loss reports (P&Ls) for any profitability segment they choose.