Portland, Ore. (PRWEB) April 21, 2016
Kaufman Hall, a leading provider of enterprise performance management software and management consulting services, announced that Golden 1 Credit Union, headquartered in Sacramento, Calif. with more than $10 billion in assets, has implemented the company’s Axiom Software Suite for Financial Institutions, including solutions for budgeting and planning, profitability and funds transfer pricing (FTP), and reporting and analytics solutions.
Golden 1 selected Axiom Software because it sought to integrate its planning and profitability processes on a single platform with an easy to use interface to ensure adoption across the institution. Golden 1 now uses the Axiom Software to process and consolidate instrument level details in a highly optimized and efficient manner, a critical aspect of the solution. Additionally, with the Axiom Software Golden 1 can more effectively mitigate risk and plan for uncertainties by processing multiple “what-if” scenarios to better understand financial and operational impacts of various circumstances.
“As the sixth largest credit union in the U.S., it was critical that our performance management solution feature an intuitive interface that could be easily adopted institution-wide,” said Tamara Ferrin, Vice President of Finance at Golden 1 Credit Union. “Streamlining all of our planning and profitability processes onto one, easy-to-use platform has also freed up our staff for more value added strategic activities and analysis to better support institution decision-making.”
“From our first meeting, it was clear that Golden 1 was looking for a business partner who would take the time to understand their business needs and requirements,” said Ken Levey, Vice President of Financial Institutions for Axiom Software. “Axiom Software allows Golden 1 the flexibility to tailor the solution to meet their needs and offers a proactive approach to analyze and quantify their institution’s performance to facilitate more profitable growth.”
About Golden 1 Credit Union
With more than $10 billion in assets, Golden 1 Credit Union is the leading credit union in California, and the sixth largest credit union in the United States. Golden 1 Credit Union delivers financial solutions with value, convenience and exceptional service. As a dynamic and trusted leader, Golden 1 is committed to enhancing the financial well-being of its members and diverse communities. Golden 1 has more than 750,000 members and 1,400 employees. http://www.golden1.com
About Kaufman Hall
Kaufman Hall provides management consulting services and enterprise performance management software that help organizations realize sustained success amid changing market conditions. Since 1985, we have 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. Kaufman Hall’s Axiom Software Suite provides sophisticated, flexible performance management solutions for banks and credit unions that empower finance professionals to analyze results, model the future, and optimize organizational decision making. Solutions for budgeting and forecasting, strategy management, incentive compensation management, profitability management and funds transfer pricing, reporting and analytics, and loan portfolio analysis are delivered on a single integrated software platform.