What users are saying about
3 Ratings
14 Ratings
3 Ratings
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Score 8 out of 100
14 Ratings
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Score 3.7 out of 100

Likelihood to Recommend

Axiom EPM

Axiom is ideal for organizations with multiple departments that need to collect, share, and integrate data from common internal data sources. The product is best for very large organizations with a lot of financial backing. I wouldn't suggest using Axiom if you're a small organization or only one department, for example.
Anonymous | TrustRadius Reviewer

Synoptix

It is excellent if set up well, and users are well trained on how to use it as it is not very user-friendly. But to achieve that, you have to go through the hell of a setup. Support is not knowledgeable in some areas of the software, it is tough to set up and install, and when presented by salespeople, it is all great, but you need to invest a lot to pay it off.
Anonymous | TrustRadius Reviewer

Feature Rating Comparison

Budgeting, Planning, and Forecasting

Axiom EPM
8.5
Synoptix
6.0
Long-term financial planning
Axiom EPM
9.0
Synoptix
5.0
Financial budgeting
Axiom EPM
9.0
Synoptix
5.0
Forecasting
Axiom EPM
8.0
Synoptix
Scenario modeling
Axiom EPM
8.0
Synoptix
Management reporting
Axiom EPM
Synoptix
8.0

Consolidation and Close

Axiom EPM
9.7
Synoptix
7.0
Financial data consolidation
Axiom EPM
10.0
Synoptix
7.0
Local and consolidated reporting
Axiom EPM
9.0
Synoptix
Detailed Audit Trails
Axiom EPM
10.0
Synoptix
Minority Ownership
Axiom EPM
Synoptix
7.0

Financial Reporting and Compliance

Axiom EPM
8.3
Synoptix
6.8
Financial Statement Reporting
Axiom EPM
8.0
Synoptix
7.0
Management Reporting
Axiom EPM
8.0
Synoptix
7.0
Excel-based Reporting
Axiom EPM
9.0
Synoptix
7.0
Automated board and financial reporting
Axiom EPM
8.0
Synoptix
6.0

Analytics

Axiom EPM
8.7
Synoptix
3.0
Personalized dashboards
Axiom EPM
9.0
Synoptix
3.0
Cost and profitability analysis
Axiom EPM
8.0
Synoptix
Benchmarking with external data
Axiom EPM
9.0
Synoptix

Integration

Axiom EPM
9.0
Synoptix
3.0
Flat file integration
Axiom EPM
9.0
Synoptix
Excel data integration
Axiom EPM
9.0
Synoptix
Direct links to 3rd-party data sources
Axiom EPM
9.0
Synoptix
3.0

Report Output and Scheduling

Axiom EPM
Synoptix
7.7
Publish to Web
Axiom EPM
Synoptix
8.0
Publish to PDF
Axiom EPM
Synoptix
8.0
Report Delivery Scheduling
Axiom EPM
Synoptix
7.0

Access Control and Security

Axiom EPM
Synoptix
6.0
Multi-User Support (named login)
Axiom EPM
Synoptix
7.0
Role-Based Security Model
Axiom EPM
Synoptix
8.0
Multiple Access Permission Levels (Create, Read, Delete)
Axiom EPM
Synoptix
8.0
Single Sign-On (SSO)
Axiom EPM
Synoptix
1.0

Mobile Capabilities

Axiom EPM
Synoptix
1.0
Responsive Design for Web Access
Axiom EPM
Synoptix
1.0

Pros

Axiom EPM

  • Compared to a previous EPM we used, Axiom's template load and saving performance has been much better even for large plan files.
  • Axiom consultants can create completely customized reports for any of the collected data. Super users within your organization can then fairly easily modify their work to create additional reports without Axiom's help (and invoices)
  • Setting up user security is a fairly easy one-time task and very easy to maintain when people change departments, leave the organization, etc. I would recommend you use role-based security settings.
  • Compared to our previous EPM, Axiom allows more customization and possibilities for templates. There's very few "the product can't do that" statements.
Anonymous | TrustRadius Reviewer

Synoptix

  • Easy report building interface with an query interface that allows financial users the ability to conduct complex queries without difficulty.
  • The ability to create reporting that allows us to review in-depth financial review by drilling down into accounts to find transnational data easily.
  • Easily maintained and monitored with simple upgrade installations and end point installation.
  • Great knowledge base for review and trouble-shooting.
  • Highly knowledgeable and easy to work with staff.
Logan Morris | TrustRadius Reviewer

Cons

Axiom EPM

  • Unfortunately, Axiom only assigned two implementation consultants to our massive project and both were completely new to the product and inexperienced.
  • This isn't really a fault of Axiom, but your organization's data has to be perfect before implementing Axiom. You need a strong project manager within your organization to take the lead in working with Axiom. They should be very familiar with the source data and what's important to all your internal stakeholders. The Axiom team needs to be clearly told exactly what you need from them.
  • We never truly felt confident anyone from Axiom was really familiar with the source tables and data being used. I would suggest in any project they make that a priority early on. Not being familiar with the data caused a list of issues regarding reporting and template construction.
Anonymous | TrustRadius Reviewer

Synoptix

  • It has a poor install procedure which is not standard. It almost requires copying folders from an existing computer to the new install.
  • The update process is less than desirable. It seems like Compusoft needs to do a better job of testing before releasing updates.
  • The interface is a bit archaic. It looks more like a program from 20 years ago than one used today.
Tracy Burton | TrustRadius Reviewer

Support Rating

Axiom EPM

Axiom EPM 7.0
Based on 1 answer
For the scale of our implementation, Axiom only assigned two consultants who were both completely new to the company. It felt like we were all learning about the product together, when you would expect them to already be experts at their own product. The team also made a good bit of mistakes throughout production and go-live, which then caused more work internally for us. The team lead for our project also just left the company, so we'll see how next year's planning goes
Anonymous | TrustRadius Reviewer

Synoptix

Synoptix 1.0
Based on 2 answers
Support does not know much about software solutions. As an example, I have struggled for weeks just to set up LDAP that should be fairly simple.
Anonymous | TrustRadius Reviewer

Alternatives Considered

Axiom EPM

Vena was a strong product, but only our department within the University used it for budgeting. The entire university chose Axiom for the increased scale and capacity. The loading and saving performance of Axiom is slightly better than Vena. Also, Axiom provides more template and report customization. Vena definitely excelled more in their support and staffing and was much cheaper (so I'm told) than Axiom
Anonymous | TrustRadius Reviewer

Synoptix

Prior to Synoptix we were using the reporting tool that comes with our ERP system. It lacked the drilldown and comparability functions that make Synoptix the top pick. Further, designing reports and maintaining reports was very labor intensive
Traci Hemmerlin  CPA | TrustRadius Reviewer

Return on Investment

Axiom EPM

  • This is only the first year of implementation for the university, so the ROI is yet to be fully seen. For our department, which is the largest in the university, I think the ROI has been fairly high as our users have had more built-in resources within their plan files than they had previously.
Anonymous | TrustRadius Reviewer

Synoptix

  • As a reporting tool it has allowed us to make fact based decisions. We have a significant annual cost with relation to our legacy system and Synoptix provides us with the best tool to mine the data that resides in our legacy system.
Jake Friel | TrustRadius Reviewer

Pricing Details

Axiom EPM

General

Free Trial
Free/Freemium Version
Premium Consulting/Integration Services
Yes
Entry-level set up fee?
No

Synoptix

General

Free Trial
Free/Freemium Version
Premium Consulting/Integration Services
Yes
Entry-level set up fee?
Optional

Rating Summary

Likelihood to Recommend

Axiom EPM
7.0
Synoptix
2.5

Support Rating

Axiom EPM
7.0
Synoptix
1.0

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