11 Ratings
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Score 7.4 out of 100
16 Ratings
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Score 7.3 out of 100

Feature Set Ratings

  • Quantrix ranks higher in 5 feature sets: Budgeting, Planning, and Forecasting, Consolidation and Close, Financial Reporting and Compliance, Analytics and Reporting, Integration

Budgeting, Planning, and Forecasting

6.7

Axiom Software by Syntellis Performance Solutions

67%
9.3

Quantrix

93%
Quantrix ranks higher in 5/5 features

Long-term financial planning

6.6
66%
4 Ratings
9.7
97%
11 Ratings

Financial budgeting

8.6
86%
6 Ratings
9.0
90%
12 Ratings

Forecasting

6.0
60%
5 Ratings
10.0
100%
12 Ratings

Scenario modeling

4.7
47%
5 Ratings
9.0
90%
12 Ratings

Management reporting

7.7
77%
5 Ratings
9.0
90%
12 Ratings

Consolidation and Close

5.8

Axiom Software by Syntellis Performance Solutions

58%
8.0

Quantrix

80%
Quantrix ranks higher in 5/5 features

Financial data consolidation

4.4
44%
3 Ratings
8.3
83%
6 Ratings

Local and consolidated reporting

6.7
67%
5 Ratings
8.7
87%
7 Ratings

Detailed Audit Trails

6.2
62%
5 Ratings
6.7
67%
5 Ratings

Multi-currency management

N/A
0 Ratings
8.4
84%
4 Ratings

Minority Ownership

N/A
0 Ratings
8.0
80%
4 Ratings

Financial Reporting and Compliance

6.5

Axiom Software by Syntellis Performance Solutions

65%
9.0

Quantrix

90%
Quantrix ranks higher in 3/5 features

Financial Statement Reporting

8.2
82%
5 Ratings
9.0
90%
10 Ratings

Management Reporting

6.9
69%
5 Ratings
9.0
90%
12 Ratings

Excel-based Reporting

6.0
60%
5 Ratings
N/A
0 Ratings

Automated board and financial reporting

5.3
53%
4 Ratings
9.0
90%
11 Ratings

XBRL support for regulatory filing

5.9
59%
2 Ratings
N/A
0 Ratings

Analytics and Reporting

4.6

Axiom Software by Syntellis Performance Solutions

46%
8.5

Quantrix

85%
Quantrix ranks higher in 6/6 features

Personalized dashboards

4.7
47%
5 Ratings
8.0
80%
12 Ratings

Color-coded scorecards

6.2
62%
4 Ratings
6.4
64%
5 Ratings

KPIs

6.2
62%
4 Ratings
10.0
100%
10 Ratings

Cost and profitability analysis

1.0
10%
3 Ratings
8.6
86%
10 Ratings

Key Performance Indicator setting

5.3
53%
3 Ratings
10.0
100%
11 Ratings

Benchmarking with external data

4.0
40%
3 Ratings
8.2
82%
10 Ratings

Integration

7.1

Axiom Software by Syntellis Performance Solutions

71%
9.0

Quantrix

90%
Quantrix ranks higher in 3/3 features

Flat file integration

6.4
64%
5 Ratings
9.0
90%
12 Ratings

Excel data integration

8.7
87%
4 Ratings
9.0
90%
12 Ratings

Direct links to 3rd-party data sources

6.2
62%
4 Ratings
9.0
90%
12 Ratings

Attribute Ratings

  • Quantrix is rated higher in 1 area: Likelihood to Recommend

Likelihood to Recommend

6.9

Axiom Software by Syntellis Performance Solutions

69%
6 Ratings
7.0

Quantrix

70%
12 Ratings

Usability

Axiom Software by Syntellis Performance Solutions

N/A
0 Ratings
8.2

Quantrix

82%
1 Rating

Support Rating

7.0

Axiom Software by Syntellis Performance Solutions

70%
2 Ratings

Quantrix

N/A
0 Ratings

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.
Read full review

Quantrix

If you find yourself in the ocean of traditional spreadsheets, overwhelmed by broken links, errors, model audit problems, hardwiring, etc. here is a lifebuoy for you. If you want to have full flexibility in your budgeting and forecasting in contrast to ERPs with rigid structures and one-size-fits-all concept. If you are small or medium size company and do not want to invest in costly enterprise solutions. If you need a fast implementation https://youtu.be/5W_q5Xhw5fg
Read full review

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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Quantrix

  • Building complex financial planning model availing of a multidimensional data structure coupled with a powerful formula language, with the immediacy and intuitiveness typical of spreadsheets
  • Implement quickly model modifications (new products, new scenarios, new time periods) simply adding new "items" to "categories" (corresponding to dimensions in a multidimensional data model)
  • Scale up models to very large datasets with very fast computation times
  • Easily import data from text files, other Quantrix models and external databases via DataLink and DataNAV
  • Save snapshots of tables computed in Quantrix to external databases via DataPush
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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
Read full review

Quantrix

  • Hard to be critical of the Quantrix team as I know they strive to produce the best product possible. I suppose the next thing on my wish list would be the application of the new Solver functionality to be available in the Qloud.
  • A big help for new users would be a good book on transitioning from Excel or other environment into Quantrix. I know first hand it can be difficult to transition when having to learn the program through a help guide, forums and tech support. I had a lot of trial and error in my journey to producing the desired models. On one hand it was a valuable method as it taught me a lot of what not to do, but I will admit it was not the most efficient way to do things.
  • Would also love to see local user groups being formed at some point in the future. Quantrix puts on a fantastic conference once a year in beautiful Maine, but it is a big journey for someone in Southern California (and limited to one or two days a year). I would like to see some local chapters formed in different areas of the country so local Quantrix users can get together more often and collaborate (maybe a quarterly or semi-annual meetup?). Our Quantrix community is still relatively small and may be a difficult task for some areas, but is also the very reason why this would be great idea.
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Pricing Details

Axiom Software by Syntellis Performance Solutions

Starting Price

Editions & Modules

Axiom Software by Syntellis Performance Solutions editions and modules pricing
EditionModules

Footnotes

    Offerings

    Free Trial
    Free/Freemium Version
    Premium Consulting/Integration Services

    Entry-level set up fee?

    No setup fee

    Additional Details

    Quantrix

    Starting Price

    Editions & Modules

    Quantrix editions and modules pricing
    EditionModules

    Footnotes

      Offerings

      Free Trial
      Free/Freemium Version
      Premium Consulting/Integration Services

      Entry-level set up fee?

      No setup fee

      Additional Details

      Quantrix Modeler is licensed on a per user subscription basis.

      Usability

      Syntellis Performance Solutions (formerly Kaufman Hall Software)

      No answers on this topic

      Quantrix

      For a newbie it can be difficult until you get the hang of the system. Quantrix is a very logical system, once you understand its underlying ideas.
      Read full review

      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
      Read full review

      Quantrix

      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.
      Read full review

      Quantrix

      Overall, I was not part of the ultimate decision to purchase Quantrix. I terms of user-friendliess and robust reporting capabilities I do think Tableau has Quantrix outclassed. That being said, Quantrix does provide more in-depth analyses for our relevant data and provides better modeling for our forecasts out of the box. The accuracy of the tools output is also much better
      Read full review

      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
      Read full review

      Quantrix

      • Capacity forecasting used to take hours to calculate with a ton of manual modifications. Quantrix has automated that so a model can be updated at any time with a click of a button
      • The accuracy of the models is incredible. It took some tweaking to add in data scubbers, but now it runs almost flawlessly
      • The confidence the management teams have in the output of the model is amazing. Before, people would question the output, have you rebuild it, and then compare. Now the report comes out and the output has high confidence.
      Read full review

      Screenshots

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