LAS VEGAS, May 16, 2016 /PRNewswire/ -- Kaufman Hall, a leading provider of enterprise performance management and decision support software, today unveiled its latest software platform release, Axiom '16, at the Performance Management Summit in Las Vegas. With nearly 400 in attendance, the company highlighted the latest software innovations designed to enable CFOs and financial executives to optimize enterprise planning and analysis.
With a business landscape that is more dynamic and competitive than ever, finance executives are increasingly tasked with contributing in a more strategic and nimble capacity to the overall performance of organizations. The innovative, cloud-based Axiom '16 software platform is designed to help finance executives leverage financial and operational data to improve strategic decision making and organizational performance.
In his presentation at Summit, Vice President of Development for Axiom Software, Javan Smith, shared highlights of Axiom '16, including the following:
Productivity: Axiom '16 provides users with new tools to maximize productivity, including:
- Collaborative planning with a new message stream feature to capture dialog and commentary in the context of a particular document or planning process.
- Guided workflow with new components to provide an easy-to-use summary of planning tasks and a wizard to guide the sequence of steps in any given process.
- Data Diagrams enabling users to visually explore and document the relationships between tables.
User Experience: Axiom '16 provides a streamlined user experience to meet the varying needs of users within an organization, including:
- Engaging, easy-to-use software interface for business users, helping to increase organizational adoption of performance management initiatives outside the office of finance and across business functions.
- New designer tools making it easier than ever for report authors to create visual, impactful reports to inform decision making.
Performance: Axiom '16 delivers a number of architecture enhancements and new features to deliver fast system performance for all environments.
"Finance executives require innovative solutions to meet the demands placed on them to guide their organizations toward success in today's rapidly-changing marketplace," said Tom Walsh, chief executive officer of Kaufman Hall Software. "With a focus on customer feedback, we have designed robust capabilities in Axiom '16 to help organizations of all sizes take their strategic performance management initiatives to the next level."
Secure, Enterprise-Grade Solution in the Cloud
Enterprise organizations require solutions that can meet their strict requirements for security of their confidential financial and operational data. As further evidence of Kaufman Hall's commitment to delivering a secure, enterprise-grade solution, the company announced an ongoing engagement with BDO USA, LLP to provide SSAE-16 SOC Type II (SOC2) audits of operational controls. Kaufman Hall will be continuously audited by BDO to maintain compliance with SOC2 controls, protecting customers' sensitive data, whether it's stored on premises or in the cloud.
"We are committed to continuous innovation of the Axiom Software platform to meet critical and evolving customer needs," said Smith. "Axiom '16 delivers an unparalleled level of efficiency, user experience and performance, in a secure, enterprise-grade solution, that addresses the major challenges faced by the office of finance."
Industry Recognition of Axiom Software
Axiom Software has been recognized by industry analysts for its excellence in customer service and vertical market solutions. Axiom is rated highest in overall customer satisfaction by Gartner and has received praise from Nucleus Research and Blue Hill Research for its ability to deliver innovative solutions to meet the unique needs of customers in vertical markets, such as healthcare, banking and higher education.
According to a recent report from Nucleus Research, "[Axiom's] key differentiator lies in its investments toward vertical specific solutions that are able to address the unique needs of individual industries. Nucleus found that industry-specific solutions drive a 57 percent faster time to value because there is less required custom code during the implementation process."
About Kaufman Hall
Kaufman Hall provides management consulting services, and enterprise performance management and decision support software that help organizations realize sustained success amid changing market conditions. Since 1985, we have been a trusted advisor to boards and executive management teams, helping them incorporate proven methods into their strategic planning and financial management processes, and quantify the financial impact of their plans and strategic decisions to consistently achieve their goals. Kaufman Hall's Axiom Software Suite provides sophisticated, flexible performance management solutions that empower finance professionals to analyze results, model the future, and optimize organizational decision making. Solutions for budgeting and forecasting, strategy management, reporting and analytics, financial close and consolidations, profitability and cost management are delivered on a single integrated software platform.
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SOURCE Kaufman Hall