Axiom Software by Syntellis Performance Solutions vs. Lucanet

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Axiom Software by Syntellis Performance Solutions
Score 7.8 out of 10
Enterprise companies (1,001+ employees)
Syntellis Performance Solutions provides enterprise performance management software, data and analytics solution for healthcare organizations, financial institutions, and higher education institutions. Axiom arms finance teams and executives with tools for budgeting, forecasting, planning, and reporting, so they can analyze results, model the future, and make more strategic decisions. Their solutions include enterprise planning, cost and decision support, and financial and clinical…N/A
Lucanet
Score 7.8 out of 10
N/A
LucaNet has been synonymous with intelligent software solutions and professional expertise in consolidated financial statements and controlling since 1999. Our aim is to simplify your day-to-day processes with our financial performance management software. No matter the size of your company and what industry you operate in, we can provide you with a tailored solution. Over 2,000 customers in more than 50 countries are already profiting from our user-friendly software and professional consulting.N/A
Pricing
Axiom Software by Syntellis Performance SolutionsLucanet
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
Axiom Software by Syntellis Performance SolutionsLucanet
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
YesNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Community Pulse
Axiom Software by Syntellis Performance SolutionsLucanet
Top Pros
Top Cons
Features
Axiom Software by Syntellis Performance SolutionsLucanet
Budgeting, Planning, and Forecasting
Comparison of Budgeting, Planning, and Forecasting features of Product A and Product B
Axiom Software by Syntellis Performance Solutions
5.9
6 Ratings
34% below category average
Lucanet
7.5
1 Ratings
10% below category average
Long-term financial planning5.74 Ratings7.01 Ratings
Financial budgeting7.86 Ratings8.01 Ratings
Forecasting5.75 Ratings6.01 Ratings
Scenario modeling3.85 Ratings00 Ratings
Management reporting6.55 Ratings9.01 Ratings
Consolidation and Close
Comparison of Consolidation and Close features of Product A and Product B
Axiom Software by Syntellis Performance Solutions
4.4
5 Ratings
58% below category average
Lucanet
8.2
1 Ratings
3% above category average
Financial data consolidation3.03 Ratings8.01 Ratings
Local and consolidated reporting5.55 Ratings8.01 Ratings
Detailed Audit Trails4.85 Ratings00 Ratings
Journal entries and reports00 Ratings8.01 Ratings
Multi-currency management00 Ratings9.01 Ratings
Intercompany Eliminations00 Ratings8.01 Ratings
Financial Reporting and Compliance
Comparison of Financial Reporting and Compliance features of Product A and Product B
Axiom Software by Syntellis Performance Solutions
5.2
6 Ratings
45% below category average
Lucanet
8.7
1 Ratings
6% above category average
Financial Statement Reporting6.85 Ratings9.01 Ratings
Management Reporting5.65 Ratings8.01 Ratings
Excel-based Reporting5.15 Ratings9.01 Ratings
Automated board and financial reporting4.04 Ratings00 Ratings
XBRL support for regulatory filing4.22 Ratings00 Ratings
Analytics and Reporting
Comparison of Analytics and Reporting features of Product A and Product B
Axiom Software by Syntellis Performance Solutions
3.8
5 Ratings
72% below category average
Lucanet
6.7
1 Ratings
18% below category average
Personalized dashboards3.85 Ratings7.01 Ratings
Color-coded scorecards4.84 Ratings00 Ratings
KPIs5.14 Ratings6.01 Ratings
Cost and profitability analysis1.03 Ratings7.01 Ratings
Key Performance Indicator setting4.63 Ratings00 Ratings
Benchmarking with external data3.63 Ratings00 Ratings
Integration
Comparison of Integration features of Product A and Product B
Axiom Software by Syntellis Performance Solutions
6.0
5 Ratings
32% below category average
Lucanet
9.0
1 Ratings
8% above category average
Flat file integration5.05 Ratings9.01 Ratings
Excel data integration8.44 Ratings9.01 Ratings
Direct links to 3rd-party data sources4.64 Ratings00 Ratings
Ad-hoc Reporting
Comparison of Ad-hoc Reporting features of Product A and Product B
Axiom Software by Syntellis Performance Solutions
-
Ratings
Lucanet
9.0
1 Ratings
9% above category average
Drill-down analysis00 Ratings9.01 Ratings
Best Alternatives
Axiom Software by Syntellis Performance SolutionsLucanet
Small Businesses
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Score 8.3 out of 10
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Score 8.3 out of 10
Medium-sized Companies
Centage
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Score 9.6 out of 10
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Score 9.6 out of 10
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Score 8.7 out of 10
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User Ratings
Axiom Software by Syntellis Performance SolutionsLucanet
Likelihood to Recommend
5.6
(6 ratings)
8.0
(1 ratings)
Support Rating
7.0
(1 ratings)
-
(0 ratings)
User Testimonials
Axiom Software by Syntellis Performance SolutionsLucanet
Likelihood to Recommend
Syntellis Performance Solutions (formerly Kaufman Hall Software)
Axiom is extremely well suited to optimize the Budget process. Using Axiom, we have cut our overall budget cycle time in half and have a much higher level of accuracy in all facets of the Budget including Fee Income, Expense, and Margin. Axiom is also well suited for advanced data users as you have the ability to create your own custom database tables which allows you to join to the existing Axiom tables and has allowed us to create custom reporting that we could not even think about on our previous system. The other big benefit of Axiom is that it sits on top of Microsoft Excel and inherits all of its functionality, which most people have experience with.
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Lucanet
Lucanet is an easy to understand consolidation tool that displays the company's PnL, balance sheets, and cash flow statement in a clear way. The software is intuitive and easy to understand. User access functionalities are good. Dashboarding, reporting, and variance analysis are limited which is a disadvantage compared to other applications who do offer more all-in-one solutions.
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Pros
Syntellis Performance Solutions (formerly Kaufman Hall Software)
  • 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.
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Lucanet
  • Very intuitive interface to slice and dice the data to have a monthly, quarterly, or yearly view
  • Easy to add additional journal entries
  • Present legal consolidation structure in an intuitive way
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Cons
Syntellis Performance Solutions (formerly Kaufman Hall Software)
  • Implementation is quite Complex and requires both IT and Financial buy-in
  • Reporting solution has some learning curve for end users
  • Calculation methods within reporting can be opaque and hard to trace
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Lucanet
  • Limited dimensions to drill-down to a lower level of detail
  • Limited reporting functionality
  • We used it mainly for consolidation of actuals. As far as I know, limited functionality for variance analysis
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Support Rating
Syntellis Performance Solutions (formerly Kaufman Hall Software)
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
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Lucanet
No answers on this topic
Alternatives Considered
Syntellis Performance Solutions (formerly Kaufman Hall Software)
Axiom was selected based on the impression of ease of use and integration. It is capable of holding all of our entities data while giving us an easier more accessible way to deliver monthly Financials and reports to managers. Then in costing we signed up because the impression of budgeting.
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Lucanet
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Return on Investment
Syntellis Performance Solutions (formerly Kaufman Hall Software)
  • Forecasting has improved
  • Complexity of analysis has improved as well
  • Our main data has been confused as we started using Axiom
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Lucanet
  • Provides single source of truth regarding financial data
  • Affordable solution
Read full review
ScreenShots