Streamline the budget process. Eliminate the spreadsheet shuffle.
Axiom transforms the planning and budget development process. Finance professionals can create reliable plans and analyses and model different business segments.
Users across your school can review annual and monthly budget views and drill-down to see details for each general ledger category. Workflows trigger notifications for plan review, approval, or overdue submissions. Spend less time on manual efforts collecting spreadsheets and more time on strategic analysis and decision making.
Bring Together Operational and Financial Data with Ease
Integrate data from the general ledger, human resources, and other systems and sources, such as Banner®, Colleague®, Oracle®/Peoplesoft, SAP®, and Workday®
Accurately Model Costs Associated with Positions and Employees
Perform sophisticated salary and benefits planning using your human resources and payroll data; handle multiple fringe benefit rates and funding sources
Collaborate on a Single Platform
Increase engagement and adoption of the planning process across departments, functions, and schools with intuitive, guided budgeting forms and reports
Plan grant-level funding and spending
Project upcoming project funding, track actual versus planned spend across a grant's lifecycle, and model the impact of grants on fiscal years
"Axiom has allowed us to really improve our budgeting and reporting processes. The turn-around time between submission, consolidation and review is now immediate, enabling refinement to happen quicker and the end results to be available earlier."
JULIAN CARTER
Senior Systems Accountant, University of College London
ARTICLE
5 Tips for Reforecasting Budgets, Even in the COVID-19 Era
Individuals and organizations alike are looking closely at revenues and expenditures while contemplating an unknown future state. Colleges and universities are no exception. Read our 5 tips for reforecasting!
Case study
Montana State University Transforms Data Integration with Axiom Software
Montana State University (MSU) implemented Axiom Higher Education to transform its budgeting and reporting workflows, but quickly realized it’s more than a workflow improvement tool.
Join colleges & universities from across the country who use Axiom for an efficient budgeting and reporting process
Top 20 Innovator in EdTech
“Combines in-depth higher education expertise with industry-leading technology and planning solutions to address the complex organizational needs of today’s institutions.”
Adam Rubens, Managing Editor
Technology Innovators Magazine