Create Efficient, Accurate and Transparent Budgets
 

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Using tailored models and business logic designed for higher education, Axiom streamlines the budgeting process, making it more efficient across departments, functions, and schools.

Engage in true enterprise planning with robust workflows, role-based security, and automated report production that can support centralized and decentralized models. Adoption is easy with a template-based budget structure and standard report libraries. 

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Budgeting & Forecasting

Shorten the budget cycle and create planning models tied to internal and external drivers, including salary and benefits planning leveraging HR data, driver assumptions, and budgets.

 

Tuition Revenue Planning

Model tuition rates and fees and easily create scenarios that show the impact of changes

 

Commitments Planning

Standardize data collection for new funding requests across the institution, streamline approvals, and monitor the progress and financial impacts of those commitments over time.

 

Grants Planning

Visibility into income and expenditures across a grant's life and the financial impact of installments on budgets and forecasts

 

Develop Multi-Year Strategic Financial Plans

Strategy-based performance management software that helps universities and colleges assess the viability of future financial plans and initiatives 
 

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Strategic Financial Planning
Develop 5 to 10-year financial plans using models and scenarios to mix and match assumptions and initiatives. Deliver executive-level dashboards showing the impact of external factors against plans and commitments. 
 

Capital Planning
Create and evaluate multi-year capital projects and their impact on the balance sheet, cash flow, and statement of activities.

 

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Reporting & Analytics

Leaders no longer have to rely on manual processes or compiled spreadsheets, with Axiom Intelligence, organizations can analyze and visualize financial and operational data to identify and highlight trends, variances, and improvement opportunities. Axiom Intelligence brings data together with advanced reporting and visualizations, providing a powerful, web-based, intuitive reporting environment that supports dashboards, ad hoc reports, and spreadsheet views — all within an easy-to-use interface. Axiom Intelligence supports a breadth of reporting needs, from department variance analyses to Board packages and everything in between.

 

Tech Specs


 

System Information

  • Cloud hosting on Microsoft Azure
  • Microsoft® .NET interface that leverages Microsoft® Excel®
  • Full browser compatibility
 

Automated Data Integration

Includes a robust, highly configurable data connector that can be set up to connect to a variety of data sources in a matter of minutes, like Ellucian, Oracle, and Workday. You can select the frequency of automatic synchronization. Our open integration ensures that you can connect to virtually any data source for clean, trusted data.

 

Security & Compliance

  • Role-based security for complete control over how your data is accessed and shared
  • SSAE-16 SOC Type II (SOC2) audited by BDO USA, LLP according to AICPA standards
  • Microsoft’s Azure HIPAA Compliance framework, which includes a BAA Contract Addendum, as well as ISO 27001 audit controls