What do you like best?
Pretty much anything my Cost & Budget team dreams up, we can do in Axiom EPM. It's very versatile. It's a "finance-owned" software meaning that my team can create reports or processes, create/edit tables, perform upgrades, add licenses, administer security rights and perform the majority of system duties without IT involvement. Axiom EPM empowers the finance team. It's essentially our datawarehouse and because it's easy to understand, both my staff and I can query data as needed. We often use Axiom EPM to get financial data because it's easier than querying the data out of our enterprise financial accounting system.
What do you dislike?
So far there hasn't been anything about the system we dislike.
Recommendations to others considering the product
The value for the price is excellent. You get a high quality product that is continually being improved and a customer support team that is better than I have ever experienced.
What business problems are you solving with the product? What benefits have you realized?
We've reaped huge efficiences in our: market segment costing process, annual benchmarking survey that is highly detailed, financial reporting, forecasting, variance reporting and budgeting process. Every year we implement new processes or enhancements that are driven internally by the team or by organizational pressures. Axiom EPM enables us to successfully complete these initiatives. In addition, we are just now starting to reach outside of finance to a sister department to explore automation of their forecasting processes.