Axiom Software by Syntellis Performance Solutions vs. PowerPlan

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Axiom Software by Syntellis Performance Solutions
Score 7.3 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
PowerPlan
Score 8.5 out of 10
N/A
PowerPlan is a CPM solution focused on helping asset-intensive businesses achieve regulatory compliance.N/A
Pricing
Axiom Software by Syntellis Performance SolutionsPowerPlan
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
Axiom Software by Syntellis Performance SolutionsPowerPlan
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 SolutionsPowerPlan
Top Pros
Top Cons
Features
Axiom Software by Syntellis Performance SolutionsPowerPlan
Budgeting, Planning, and Forecasting
Comparison of Budgeting, Planning, and Forecasting features of Product A and Product B
Axiom Software by Syntellis Performance Solutions
6.1
6 Ratings
33% below category average
PowerPlan
-
Ratings
Long-term financial planning6.04 Ratings00 Ratings
Financial budgeting8.06 Ratings00 Ratings
Forecasting5.85 Ratings00 Ratings
Scenario modeling4.15 Ratings00 Ratings
Management reporting6.85 Ratings00 Ratings
Consolidation and Close
Comparison of Consolidation and Close features of Product A and Product B
Axiom Software by Syntellis Performance Solutions
4.8
5 Ratings
52% below category average
PowerPlan
-
Ratings
Financial data consolidation3.33 Ratings00 Ratings
Local and consolidated reporting5.85 Ratings00 Ratings
Detailed Audit Trails5.25 Ratings00 Ratings
Financial Reporting and Compliance
Comparison of Financial Reporting and Compliance features of Product A and Product B
Axiom Software by Syntellis Performance Solutions
5.5
6 Ratings
42% below category average
PowerPlan
-
Ratings
Financial Statement Reporting7.25 Ratings00 Ratings
Management Reporting6.05 Ratings00 Ratings
Excel-based Reporting5.45 Ratings00 Ratings
Automated board and financial reporting4.34 Ratings00 Ratings
XBRL support for regulatory filing4.62 Ratings00 Ratings
Analytics and Reporting
Comparison of Analytics and Reporting features of Product A and Product B
Axiom Software by Syntellis Performance Solutions
4.0
5 Ratings
67% below category average
PowerPlan
-
Ratings
Personalized dashboards4.15 Ratings00 Ratings
Color-coded scorecards5.24 Ratings00 Ratings
KPIs5.44 Ratings00 Ratings
Cost and profitability analysis1.03 Ratings00 Ratings
Key Performance Indicator setting4.83 Ratings00 Ratings
Benchmarking with external data3.73 Ratings00 Ratings
Integration
Comparison of Integration features of Product A and Product B
Axiom Software by Syntellis Performance Solutions
6.3
5 Ratings
29% below category average
PowerPlan
-
Ratings
Flat file integration5.45 Ratings00 Ratings
Excel data integration8.54 Ratings00 Ratings
Direct links to 3rd-party data sources5.04 Ratings00 Ratings
Best Alternatives
Axiom Software by Syntellis Performance SolutionsPowerPlan
Small Businesses
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Score 8.7 out of 10
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Score 8.7 out of 10
Medium-sized Companies
Cube
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Score 8.9 out of 10
Cube
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Score 8.9 out of 10
Enterprises
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Score 8.8 out of 10
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Score 8.8 out of 10
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User Ratings
Axiom Software by Syntellis Performance SolutionsPowerPlan
Likelihood to Recommend
6.0
(6 ratings)
5.0
(1 ratings)
Support Rating
7.0
(2 ratings)
-
(0 ratings)
User Testimonials
Axiom Software by Syntellis Performance SolutionsPowerPlan
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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PowerPlan
[PowerPlan is well suited for] Any Utility who handles their own Fixed Asset Accounting and Reporting. There are very few specialized solutions in this space that can handle this out of the box. Core functionality and support with PowerPlan are excellent. If you have a firm or service that handles a portion or the majority of your Fixed Asset Accounting and Reporting than this solution is overkill and costly for what you need. There may be other options also if you have a robust internal technology team that is comfortable developing another major fixed asset solution into what you need. Cloud Hosting is also not available at this time and will likely be several releases out and be a major redesign (unstable) at first.
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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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PowerPlan
  • Allow the use of retirement units for unitization out of the box.
  • Align with Ferc Account and Reporting Standards
  • Provide Dashboards that can be configured for different users or groups
  • Functions well in a Project Centric Accounting Environment.
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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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PowerPlan
  • The backend technology is dated and requires specialized skills or PowerPlan assistance to develop on.
  • UI is also outdated and not as visually appealing as users are now accustomed to.
  • Reporting is basic in functionality and appearance.
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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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PowerPlan
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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PowerPlan
Oracle Financials (E-Business Suite) is a very Robust ERP solution that has better integration, reporting and functionality than PowerPlan. It also operates on a more Robust Technology Stack. The Fixed Assets Module is a great solution but lacks support for Utility Specific features and functionality, so much so that we chose PowerPlan to take over this specific functionality while still utilizing Oracle for the Majority of our Project and other Accounting Functions.
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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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PowerPlan
  • Better Fixed Asset Reporting to Provide to Rate Commissions.
  • Allowed us to embark on a major Unitization initiative and re-design of our retirement catalog.
  • Focus the Support team on other technologies due to the stable nature and good vendor support.
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ScreenShots