Axiom EPM Solutions Brochure by Verostone Limited

Axiom EPM:

Discover Axiom’s Unique Portfolio of Solutions Axiom Solutions Brochure

Applied Financial Intelligence

Our tools help you to optimise how you budget, forecast, plan, report, and much more

Axiom provides a foundation for building better business performance Axiom’s financial performance management platform provides a comprehensive range of solutions for finance teams and executives. Our tools help you to optimise how you budget, forecast, plan, report, and much more. By using Axiom software, finance teams increase their agility and improve data analysis, to better understand the drivers that affect their organisation.

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Covering budgeting and forecasting, profit and cost management, planning, analysis, and reporting, Axiom’s solutions deliver a joinedup picture of your current performance and the risks and opportunities ahead. Axiom helps you to optimise your financial performance, mitigating risk and gaining competitive advantage.

Axiom is a key system at UCL and is at the heart of financial planning, forecasting and analytics. The system is fully integrated with ERP (ORACLE) and student records systems (SITS), which get refreshed on a daily basis.” Phil Harding, Director of Finance and Business Affairs UCL

Business Planning Solutions

Quickly adapt to uncertain market conditions Income Modelling

Expense Planning

Gain full, real-time visibility of your cash flow to inform smarter financial decisions.

Gain a holistic view and control of expenses across the whole of your business.

With Axiom’s Incoming Modelling module, your finance team can confidently, quickly, and effectively adapt to uncertain market conditions and their potential impacts on revenue. Leverage real-time data to acquire insights, accelerate informed decisions, and advance plans.

With Axiom Expense Planning, your finance team can easily model the impacts of volume, rate, and efficiency assumptions across your expense plans with multiple versions or scenarios.

Accurately and efficiently model different scenarios and reshape financial plans and budgets to boost your performance. • Seamlessly integrate data from any source into a single repository for planning, analysis, and reporting. Automate data integration and establish a single source of truth, with common definitions that uphold data quality • Reduce planning cycle times. Quickly model and adapt your financial plans to optimise performance. Axiom’s easy-touse global driver library incorporates the right operational drivers into your financial planning model with precision • Sophisticated modelling made easy. Our integrated financial planning solutions unify disparate planning processes with your income modelling – from budgeting to forecasting to capital and long-range planning

Axiom’s agile, intuitive software for budget development and tracking streamlines and integrates the process of modelling net revenue with the overall expense planning process. Global drivers are used to forecast key departmental statistics. Gain better control of your organisational expenses by: • Promote interdepartmental expense planning alignment with an integrated platform that’s accessible by all the different parts of the business • Understand how decisions made in one area of the business affect the wider organisation, enabling you to better model the future and mitigate risk • Allocate resources more effectively by modelling profitability against expenses to inform smarter decision-making

Staff Planning

Balance Sheet and Cash Flow Management

Combine your data to more effectively forecast and plan staffing decisions.

Gain full, real-time visibility of your cash flow to inform smarter financial decisions.

Axiom’s Staff Planning module helps you handle uncertainty, manage change, and avoid unexpected costs, by enabling you to forecast those vital implications of future staffing decisions.

Take a holistic view of balance sheets and cash flow. With more efficient management paramount for securing the long-term sustainability of any business and strengthening against financial risk.

Plan for salary and benefit changes by aligning human resources data with assumptions about future increases and budget. Forecast based on positions or individual employees, factoring in various drivers that impact your staffing. Improve your entire budgeting process by: • Applying different salary forecasts, multiple benefits, and rates of increase • Integrating HR and payroll systems, drawing all employee data into a secure system • Creating new staff positions incorporating salary and appointment data • Integrating headcount and FTE planning to provide full visibility

A changing approach to risk has prompted many progressive businesses to move away from silo-driven outlooks across income, assets, cash sources and operating costs. Plus, with current financial standards demanding that balance sheets reflect the potential of company assets, effective management can also generate efficiencies and reveal unrealised commercial value in underutilised assets. • Processes to manage portfolios, capital, and liquidity more successfully, in times of financial stability, or volatility • Enhance decision-making with full financial implications of decisions taken into account • Reduce the risk of accounting errors, and subsequent financial loss or reputational damage • Easily and efficiently manage, control, and monitor your cash management processes • Monitor cash surplus regularly, on a daily or weekly basis

Strategic Planning Solutions

Define the direction for the entire business Strategic Financial Planning Create high-level financial plans that flex and adapt in real time.

• Capture the goals and initiatives needed to advance your organisation’s strategy

Covering budgeting, cost management, planning, analysis, and reporting, Axiom’s solutions deliver a joined-up picture of your current performance, and the risks and opportunities ahead.

• Build a long-range plan that considers both operational and financial drivers

With Axiom Strategic Planning, you can create multi-year financial plans that are fully integrated with operational budgets. For performance monitoring and risk management, Axiom equips you to meet the challenges and opportunities ahead. Our acclaimed strategic planning approach helps you define the direction of travel for the entire business. Through actionable, long-range plans coupled with an organisationspecific scorecard system, you can develop and track KPIs, create and hone enterprise initiatives, and monitor your company’s performance in real-time.

• Define, capture, calculate and publish KPIs and metrics • Create organisational scorecards and dashboards to monitor progress and course-correct as market conditions change • Define, evaluate and select key strategic initiatives and capital investments • Model the impact of multiple scenarios and their impact on operational budgets and forecasts

Scenario Planning

Capital Planning and Tracking

Model multiple future scenarios to successfully navigate a changing world.

Make capital investments with confidence, track performance and monitor returns.

For any business, change is a fact of life, but all too often, technical limitations force teams to rely on the prevailing scenario as the one-and-only backdrop to their budgets and forecasts.

Axiom’s Capital Planning and Tracking solution delivers the insight you need to deploy capital with confidence. We understand the questions you need ask: Does this project represent the best use of our resources? How will the additional outlay affect cash flow? Will the long-term profit justify the short-term costs?

Axiom helps you eliminate the risks of bias and false assumption. Axiom’s scenario planning functionality lets you ask ‘what-if’ and gives you answers you can trust. You can apply multiple variables with ease to test the impact of a vast range of market and organisational changes. Equipped with this, you can present reliable, updated forecasts to executive decision-makers, on-demand. Scenario planning is a vital tool for assessing the impact of critical uncertainties, new organisational initiatives and fresh market opportunities. Improve your entire budgeting process by: • Define the key internal and external drivers of the business • Quantify your financial sensitivity to these drivers • Test the strength and flexibility of a strategy under rapidly changing conditions and multiple variables • Manage uncertainty by modelling scenarios that depart from the current conditions • Investigate possibilities that would otherwise have been missed

The ability to answer these questions is crucial for your long-term financial strategy. By bringing forecasting, capital planning and tracking together, Axiom Software empowers you to make truly data-driven decisions, supported by numbers you can trust. • Create, evaluate and rank proposed multi-year capital projects. Select the best fit for your company by comparing key metrics, including return on investment (ROI), net present value (NPV) and internal rate of return (IRR) • Manage the entire capital planning request and approval process with a defined workflow, ownership and deadlines using the Axiom Software Process Management feature • Assess a prospective project’s impact on the balance sheet, cash flow and profit and loss statement. Alter plan assumptions and quantify the impact of changing market drivers on proposed capital investments • Model approved projects once they are live for regular, updated forecasts for time to completion, incremental cost, total cost and more

• Prepare for various combinations of adverse circumstances that may manifest • Produce higher quality strategic plans, budgets and forecasts

Financial Management Solutions

Bringing data from across your business Financial Close and Consolidations Harness automation workflows to accelerate your close process.

• A platform that adapts easily to organisational change and process change

Axiom’s Financial Close and Consolidations solution takes the pain out of the close process, by enabling you to automate the tasks that can be automated, allowing your team to focus on higher level troubleshooting.

• Fully compliant with all regulations and requirements for your business

From local close through to group consolidation and reporting, Axiom can handle enterprise-level complexity, bringing together data from across your business to create a unified reconciliation process.

• A single view across diverse data sources, giving you greater visibility and control • End-to-end functionality, from data loading, to reconciliation, consolidation, adjustments, disclosure, tax and regulatory reporting

Allocations

Profitability and Cost Management

Simplify complex allocation processes, improve data transparency and shorten your budget cycle.

Uncover the most lucrative opportunities for your organisation and generate actionable insights.

Axiom Allocations enables organisations to develop allocations of revenue and expenses in support of the annual budgeting process. It enables organisations to analyse margins at a granular level. Centrally stored data makes reporting and analysis easy, with the ability to roll data over from one year to the next.

Axiom’s Profitability and Cost Management solution helps you avoid false assumptions based on top-level revenue figures. Our profitability tools equip you to make better decisions on spend allocation, product-mix choices, marketing decisions and more.

Axiom Allocations helps to improve data transparency and integrity, and financial accountability across your organisation. The ability to integrate data directly into your budgeting process means that your budget cycle is shortened, and time-consuming manual data processes are minimised. • Manage complex allocation rules and their associated metrics • Automate processes by setting up allocation rules that be stored and scheduled • Provide a cost allocation mechanism for indirect expenses • Increase data transparency for allocation rules across the organisation

Axiom gives finance teams a complete framework for measuring margin ratios, acquisition costs, return on investment and all other key enterprise profitability metrics. Through robust reporting capabilities, executives can quickly and easily understand the contribution of each segment to the organisation’s overall profits. • Optimise performance by analysing and monitoring key volume, cost and profitability trends across business lines • Identify segments and product lines that are eroding profitability and take corrective action • Prepare in-depth reports and analysis such as segmentation, ranking and whale curve cumulative profitability

• Automatically incorporate allocation calculations into departmental budgeting processes

• Generate actionable reports that analyse volumes, costs and profitability measures across any dimension and immediately drill into the details

• Provide transparency by giving users the necessary information to clearly identify the allocation sources, basis and target

• Integrate operational and financial data sources for a complete picture of performance

• Remove administrative burden, minimising user input and effort required

• Deploy clear, evidence-based costing algorithms at even the most granular levels of your business

Operational Planning Solutions

Coordinate all business functions Sales and Operations Planning Bring together data across sales, operations and supply chain to create a unified plan.

• Model the effects of changes to products, services, processes and suppliers

Axiom’s Sales and Operations Planning module enables you to monitor signals across all your business units in real time, allowing you to build an integrated plan that ensures all business functions are closely coordinated.

• Create complex scenario plans that can be directly compared with one another to reach the optimal outcome

Model the impact of various business changes, from rebalancing your inventory or workforce, working with a new supplier or making supply chain adjustments, taking the rist out of decision-making.

• Build dashboards that update with real-time data to monitor KPIs and empower quick decision-making

Retail Logistics

Customer Profitability Analysis

Integrate planning across all sales channels and stores, track actual sales against plans and model new channels.

Gain the data and insight to inform customer-related decisions that maximise life-time value.

Axiom’s Retail Logistics module enables you to centralise and take full control of your sales and distribution planning, across category management, channels and stores. With merchandise financial planning, line planning, product lifecycle management and retail analytics, Axiom brings disparate data sources together into a single source of truth for your business.

Axiom’s Customer Profitability Analysis module enables you to gain a true understanding of the costs of each customer segment, and determine profitability by individual account, and my market segments and sectors.

Axiom allows you to model new channels, stores and categories, track actual sales against plans and targets, all through a fully configurable dashboard that allows you to compare across plans, year-on-year performance and monthly actuals. • Retail analytics bring together data from multiple internal and external sources, enabling faster, insight-based decision-making • Product lifecycle management automates processes and workflows, taking the pressure off your planning teams • Line planning makes it easy to analyse products and lines, and creates a standardised framework for the planning process • Manage and compare multiple planning scenarios to enable data-driven decision-making and mitigate risk

Aggregate data by size of customer, size of order, service complexity, location and other factors to gain detailed insight into where to focus your efforts. Axiom helps you drive profitability in your organisation by providing visibility of the key trends: • Segment your customer base by all relevant characteristics, attributing revenue and cost calculations to each segment to determine profitability • Analyse and compare profitable versus non-profitable customer segments, letting you build strategies to maximise profitable customers and to reduce, eliminate or re-engineer non-profitable ones • Understand customer life-time value and true costs, to get a holistic view over the whole customer life cycle • Improve strategic decision-making with the data and insight to drive customer-related decisions, including pricing, discounting and marketing strategy

Built upon years of successful customer partnerships We work across a broad range of sectors, yet united with one aim. We help manage your financial position to ensure long-term success. Here’s just some of the clients we’ve partnered with;

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Because Axiom understands the way we work, we implemented the solution in record time. It was great to have a team that understood our language and our organisation.” Scott Casler, Director of Finance, LHP Hospital Group

Why Axiom? With Axiom, you will be financially agile, able to respond quickly to changing market conditions and pivot with confidence. Axiom offers a rare combination of best in class financial performance management technology with a depth of financial and industry expertise. Putting our customers first Discover how our customer-focused approach, experience and knowledge combine to create a market-leading service that will go beyond your expectations. Our experience and knowledge Building and maintaining a 100% implementation success record does not happen by accident. It demands detailed knowledge of how the software is put to work in the field, along with a deep insight into what our customers are seeking to accomplish. More than consultants, we provide significant time to value Covering strategy and design, solution-specific deployment and training, the service and communication our clients receive is second-to-none. All of this is designed to deliver implementation on-time and on-budget, along with high levels of adoption right across your organisation. We partner with you to plan for the unpredictable and enable you to figure out your organisation’s future. Axiom EPM, we are here to help

If you would like to find out how Axiom can help you improve your financial performance, then please get in touch by emailing hello@axiomepm.co.uk or call us on +44 1932 548 465 to talk to one of our specialists. We would love the opportunity to discuss how Axiom can help you manage your business more successfully.

Experts in helping organisations improve financial performance

axiomepm.co.uk | +44 1932 548 465