Axiom EPM Gains Momentum in Cloud-based Performance Management with Unique Approach that Gives Customers Choice

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Scalable Microsoft Azure, Flexible Deployment Options, Advanced Data Integration and Native Excel UI Differentiate Axiom EPM from Other Cloud Offerings

Axiom EPM, a Kaufman Hall company and leading provider of financial planning and performance management software for enterprises, today announced 300% growth in demand for its unique cloud enterprise performance management software offering over the past year. New cloud customers include Dignity Health, which has 3,000 users accessing the system across 40 hospitals and 250 ancillary care sites, Tufts University, which is using the Axiom cloud for sophisticated University-wide budgeting and planning, and Holcim, Ltd. which is using the Axiom cloud service to manage thousands of global initiatives.

The Axiom EPM Cloud Service helps organizations to reduce IT overhead while achieving optimal system performance and unmatched security. Axiom EPM provides and maintains all necessary platform infrastructure and performs all technical maintenance activities. The cloud service is published through the scalable, secure and geo-distributed Microsoft Azure datacenters, using one of the world’s largest multi-terabit networks.

“We faced aggressive timelines to implement, and the cloud offering from Axiom EPM helped us stay on track without having to spend time setting up any sort of on premise infrastructure,” said Steve Lisa, ERP Manager at Tufts University. “We felt comfortable and confident that it was absolutely the right direction to go, not only because of the time to deploy, but also because of the security, quick data integration and end user access it provided us.”

Unlike virtually all other cloud performance management software offerings in the market, the Axiom cloud service provides customers with multiple deployment and tailored user interface (UI) options, as follows:

  •     The choice of having the system 100% in the cloud, on premise, or in a hybrid structure
  •     A dedicated data repository and a choice in deciding when to be upgraded to new versions
  •     A unique Axiom Data Integrator that automates the loading of source data using built-in ETL and open integration standards
  •     Multiple UI options depending on the type of user – including a true Excel UI for power users and administrators, and a web/mobile UI for less technical business users

The result is that customers can take advantage of the benefits of cloud computing without sacrificing the need for unmatched modeling flexibility. Additionally, the Microsoft Azure partnership has enabled Axiom clients to seamlessly scale as their business and user counts grow.

“We are thrilled that our cloud solution is adding significant business value for our clients,” said Jason Sussman, CEO of Axiom EPM. “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, this truly separates us from all other offerings in the market today and is another contributor to our reputation for high customer satisfaction.”

“The Azure team is energized to help its partners grow their business, and to be powering Axiom’s cloud solutions,” said Shanne Noble, Sr. Partner Channel Marketing Manager, C & E Partner Team at Microsoft.

For two years in a row, Axiom EPM has received the highest scores in three categories in Gartner’s annual corporate performance management (“CPM”) report, including Customer Satisfaction, Vendor Experience, and Implementation. The Gartner report, entitled Customers Rate Their CPM Vendors in Gartner's User Survey, was released June 17, 2015. Axiom EPM has also earned the top customer satisfaction rating in the BPM Partners Pulse Survey for three years running.

About Axiom EPM and Kaufman Hall
Axiom EPM, a wholly-owned subsidiary of Kaufman Hall, provides sophisticated, flexible cloud- based 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.

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Ross Homer
Aria Marketing for Kaufman Hall
+1 617-332-9999 Ext: 212
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