What users are saying about
3 Ratings
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Score 8 out of 100
4 Ratings
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Score 8.4 out of 100

Likelihood to Recommend

Axiom Software (formerly 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

Float

Float is great for a startup/small (< 20 employee companies) that have limited resources for keeping an eye on cash flow. Yes, you could hire a contractor CFO, but it would simply be less expensive to use Float and educate yourself a bit about cash flow. For larger companies I feel like you would have a dedicated financial controller or CFO that may already have tools they are familiar with, but this service might also still be useful.
Anonymous | TrustRadius Reviewer

Feature Rating Comparison

Budgeting, Planning, and Forecasting

Axiom Software (formerly Axiom EPM)
8.5
Float
Long-term financial planning
Axiom Software (formerly Axiom EPM)
9.0
Float
Financial budgeting
Axiom Software (formerly Axiom EPM)
9.0
Float
Forecasting
Axiom Software (formerly Axiom EPM)
8.0
Float
Scenario modeling
Axiom Software (formerly Axiom EPM)
8.0
Float

Consolidation and Close

Axiom Software (formerly Axiom EPM)
9.7
Float
Financial data consolidation
Axiom Software (formerly Axiom EPM)
10.0
Float
Local and consolidated reporting
Axiom Software (formerly Axiom EPM)
9.0
Float
Detailed Audit Trails
Axiom Software (formerly Axiom EPM)
10.0
Float

Financial Reporting and Compliance

Axiom Software (formerly Axiom EPM)
8.3
Float
Financial Statement Reporting
Axiom Software (formerly Axiom EPM)
8.0
Float
Management Reporting
Axiom Software (formerly Axiom EPM)
8.0
Float
Excel-based Reporting
Axiom Software (formerly Axiom EPM)
9.0
Float
Automated board and financial reporting
Axiom Software (formerly Axiom EPM)
8.0
Float

Analytics

Axiom Software (formerly Axiom EPM)
8.7
Float
Personalized dashboards
Axiom Software (formerly Axiom EPM)
9.0
Float
Cost and profitability analysis
Axiom Software (formerly Axiom EPM)
8.0
Float
Benchmarking with external data
Axiom Software (formerly Axiom EPM)
9.0
Float

Integration

Axiom Software (formerly Axiom EPM)
9.0
Float
Flat file integration
Axiom Software (formerly Axiom EPM)
9.0
Float
Excel data integration
Axiom Software (formerly Axiom EPM)
9.0
Float
Direct links to 3rd-party data sources
Axiom Software (formerly Axiom EPM)
9.0
Float

Reporting & Analytics

Axiom Software (formerly Axiom EPM)
Float
8.0
Standard reports
Axiom Software (formerly Axiom EPM)
Float
8.0

General Ledger and Configurable Accounting

Axiom Software (formerly Axiom EPM)
Float
9.0
Accounts payable
Axiom Software (formerly Axiom EPM)
Float
9.0
Accounts receivable
Axiom Software (formerly Axiom EPM)
Float
9.0
Cash management
Axiom Software (formerly Axiom EPM)
Float
9.0

Pros

Axiom Software (formerly 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

Float

  • Cash flow management.
  • Forecasting out how much you can spend.
  • Quickbooks integration.
Anonymous | TrustRadius Reviewer

Cons

Axiom Software (formerly 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

Float

  • Quickbooks integration could be improved to automatically include recurring transactions.
  • Pricing is a little steep for smaller businesses.
Anonymous | TrustRadius Reviewer

Support Rating

Axiom Software (formerly Axiom EPM)

Axiom Software (formerly Axiom EPM) 7.0
Based on 2 answers
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

Float

No score
No answers yet
No answers on this topic

Alternatives Considered

Axiom Software (formerly 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

Float

No answers on this topic

Return on Investment

Axiom Software (formerly 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

Float

  • We've had a positive ROI since we're able to take bigger risks now that we understand how much cash will be in our account on what day.
  • We are able to make adjustments to our contractors and services to grow our business faster.
Anonymous | TrustRadius Reviewer

Pricing Details

Axiom Software (formerly Axiom EPM)

General

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

Axiom Software (formerly Axiom EPM) Editions & Modules

Additional Pricing Details

Float

General

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

Float Editions & Modules

Edition
Small$29
Medium$59
Large$119
    Additional Pricing Details
    Annual billing available at a discount

    Rating Summary

    Likelihood to Recommend

    Axiom Software (formerly Axiom EPM)
    7.0
    Float
    9.0

    Support Rating

    Axiom Software (formerly Axiom EPM)
    7.0
    Float

    Add comparison