What users are saying about
3 Ratings
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Score 8 out of 100
14 Ratings
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Score 7.1 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

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
Tahir Tahirov, PMP | TrustRadius Reviewer

Feature Rating Comparison

Budgeting, Planning, and Forecasting

Axiom Software (formerly Axiom EPM)
8.5
Quantrix
9.5
Long-term financial planning
Axiom Software (formerly Axiom EPM)
9.0
Quantrix
9.7
Financial budgeting
Axiom Software (formerly Axiom EPM)
9.0
Quantrix
9.7
Forecasting
Axiom Software (formerly Axiom EPM)
8.0
Quantrix
9.5
Scenario modeling
Axiom Software (formerly Axiom EPM)
8.0
Quantrix
9.5
Management reporting
Axiom Software (formerly Axiom EPM)
Quantrix
9.3

Consolidation and Close

Axiom Software (formerly Axiom EPM)
9.7
Quantrix
8.0
Financial data consolidation
Axiom Software (formerly Axiom EPM)
10.0
Quantrix
8.3
Local and consolidated reporting
Axiom Software (formerly Axiom EPM)
9.0
Quantrix
8.7
Detailed Audit Trails
Axiom Software (formerly Axiom EPM)
10.0
Quantrix
6.7
Multi-currency management
Axiom Software (formerly Axiom EPM)
Quantrix
8.4
Minority Ownership
Axiom Software (formerly Axiom EPM)
Quantrix
8.0

Financial Reporting and Compliance

Axiom Software (formerly Axiom EPM)
8.3
Quantrix
9.1
Financial Statement Reporting
Axiom Software (formerly Axiom EPM)
8.0
Quantrix
9.5
Management Reporting
Axiom Software (formerly Axiom EPM)
8.0
Quantrix
9.3
Excel-based Reporting
Axiom Software (formerly Axiom EPM)
9.0
Quantrix
Automated board and financial reporting
Axiom Software (formerly Axiom EPM)
8.0
Quantrix
8.4

Analytics

Axiom Software (formerly Axiom EPM)
8.7
Quantrix
8.2
Personalized dashboards
Axiom Software (formerly Axiom EPM)
9.0
Quantrix
8.7
Cost and profitability analysis
Axiom Software (formerly Axiom EPM)
8.0
Quantrix
8.6
Benchmarking with external data
Axiom Software (formerly Axiom EPM)
9.0
Quantrix
8.2
Color-coded scorecards
Axiom Software (formerly Axiom EPM)
Quantrix
6.4
KPIs
Axiom Software (formerly Axiom EPM)
Quantrix
8.5
Key Performance Indicator setting
Axiom Software (formerly Axiom EPM)
Quantrix
8.5

Integration

Axiom Software (formerly Axiom EPM)
9.0
Quantrix
8.7
Flat file integration
Axiom Software (formerly Axiom EPM)
9.0
Quantrix
8.5
Excel data integration
Axiom Software (formerly Axiom EPM)
9.0
Quantrix
8.6
Direct links to 3rd-party data sources
Axiom Software (formerly Axiom EPM)
9.0
Quantrix
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

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
Luca Erzegovesi | 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

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.
Jason Klinghoffer, CFA | TrustRadius Reviewer

Usability

Axiom Software (formerly Axiom EPM)

No score
No answers yet
No answers on this topic

Quantrix

Quantrix 8.2
Based on 1 answer
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.
Franz Schumacher | 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

Quantrix

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

Quantrix

These are traditional spreadsheet-based software packages. Any trouble you have with Excel you have with these, but that is eliminated with Quantrix. Quantrix is an Excel/Access like application, but so much better because of the things I've previously described in this review.
Rich Lopez | 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

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.
Don Reese | 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

Quantrix

General

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

Rating Summary

Likelihood to Recommend

Axiom Software (formerly Axiom EPM)
7.0
Quantrix
9.6

Usability

Axiom Software (formerly Axiom EPM)
Quantrix
8.2

Support Rating

Axiom Software (formerly Axiom EPM)
7.0
Quantrix

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