Note: Axiom Software was previously associated with Kaufman Hall. As of June 2020, Axiom Software is now a part of Syntellis Performance Solutions.
We’re extremely pleased that Gartner has placed Kaufman Hall’s [now Syntellis'] Axiom Software in the Challengers quadrant of the Magic Quadrant for Cloud Financial Planning and Analysis (FP&A) Solutions.
The award serves as a testament to both the robust nature of our products and our commitment to providing industry-leading solutions to healthcare, higher education, and financial institutions. It also is a credit to our loyal clients who trust us to serve the financial planning needs at their enterprises.
Among other requirements to be considered for the ranking, a product must support at least two of these FP&A components:
- Financial budgeting and planning
- Integrated financial planning (IFP)
- Financial forecasting and modeling
- Management and performance reporting
I think it’s telling that Axiom Financial Planning and Analysis solutions meet all four criteria, offering a full, interconnected solution that helps users make sense of their data. I’m also pleased to see Gartner recognize our expertise and commitment to meeting the unique needs of three separate industries, stating “industry-specific knowledge within the healthcare, financial and higher education sectors enables customers to use its embedded industry and process-specific capabilities.”
How Axiom stands out
Kaufman Hall Software (now Syntellis Performance Solutions) was cited for having Completeness of Vision, with the report stating that the vast majority of Kaufman Hall reference clients would recommend us without reservation because of our expertise and responsiveness. Those reference clients shared that their top three product selection criteria were compatibility with Microsoft Excel, industry-specific capabilities, and the flexibility of the Axiom solution.
No low scores were cited for Axiom and we received top-quartile scores in the following key areas:
- Application governance/life cycle management
- Solution flexibility
- Overall vendor experience
- Meeting needs
- Sales experience
We also scored in the highest quartile for overall product capability.
Axiom achieved its highest score in the business unit use case. According to a related Gartner report, “Axiom should be considered a higher priority for large organizations in healthcare, financial institutions and higher education. It should also be considered for enterprise-wide use in organizations with larger finance transformation efforts.”
Not resting on our laurels
This marks the second-straight year Axiom has been placed in the Challengers quadrant. Being listed in consecutive years means we continue to meet the challenges of an ever-changing and demanding market.
Since the last Gartner Magic Quadrant report, we launched three new solutions: Comparative Analytics for healthcare, Tuition Planning for higher education, and Relationship Profitability and Pricing for financial institutions. We’ll continue to deliver innovative tools designed to fit the unique needs of these markets and maintain our commitment to partnering with clients through strong customer service, responsiveness, and willingness to work ‘outside the box’ — all areas clients cited as Axiom strengths.
We are justifiably proud of this recognition by Gartner. It’s a credit to the quality of Axiom solutions, which employees across Syntellis work tirelessly to improve every day. But most of all, we’re thankful to our dedicated clients who trust us to provide their daily financial insights while pushing us to deliver the best suite of solutions on the market.