What users are saying about
3 Ratings
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Score 8 out of 100
10 Ratings
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Score 9.5 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

LivePlan

It's most appropriate when properly set up by someone with a deep knowledge of PNL/Forecasting. It's inappropriate for companies with poorly structured/inconsistently maintained financial statements.
Jason Ogden, President | TrustRadius Reviewer

Feature Rating Comparison

Budgeting, Planning, and Forecasting

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

Consolidation and Close

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

Financial Reporting and Compliance

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

Analytics

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

Integration

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

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

LivePlan

  • Great for startups that are still working on their idea.
  • Preparing for pitching and presenting.
  • People don't need business knowledge in order to write a professional business plan, everything is explained in details.
  • Simplicity.
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

LivePlan

  • UX: It's beyond time for an overhaul, especially on mobile. It can make the app seem dated.
  • The accounting software integration has been prone to break and need to be re-setup, though that seems to have improved.
Jason Ogden, President | 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

LivePlan

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

LivePlan

We did not really find a similar solution. All other solutions are focused on project management, [there's] nothing on generating a business plan. There is nothing on this level that helps people without any business experience write the plan. They have samples, instructions what to write where, how to prepare for pitching, and generate dashboards. Nothing in this market gets anywhere close to this solution.
Anonymous | TrustRadius Reviewer

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

LivePlan

  • For the price, it's worth it for 2 main reasons. Knowing what's going on throughout the year (relative to goals/prior periods), and seeing precisely where financial issues are off track.
Jason Ogden, President | TrustRadius Reviewer

Screenshots

Axiom Software (formerly Axiom EPM)

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

LivePlan

General

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

LivePlan Editions & Modules

Edition
Pay as you go$201
6 Months$182
Annual$153
  1. per month
  2. Per month, billed every 6 months
  3. Per month, billed every 12 months
Additional Pricing Details

Rating Summary

Likelihood to Recommend

Axiom Software (formerly Axiom EPM)
7.0
LivePlan
10.0

Support Rating

Axiom Software (formerly Axiom EPM)
7.0
LivePlan

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