What users are saying about
3 Ratings
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Score 8 out of 100
19 Ratings
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Score 8.3 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

Wdesk

Wdesk is best suited for companies with demanding SEC filings and documents, with multiple revisions due to auditor/counsel review, and where financial reporting is extremely manual. Wdesk really helps take out the potential errors out of extremely manual processes, and helps automate regular financial reporting by allowing companies to link financial information and build customized flows of their information into financial statements and other documents (such as presentations or other internal reporting).
Anonymous | TrustRadius Reviewer

Feature Rating Comparison

Budgeting, Planning, and Forecasting

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

Consolidation and Close

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

Financial Reporting and Compliance

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

Analytics

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

Integration

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

Governance, Risk & Compliance

Axiom Software (formerly Axiom EPM)
Wdesk
8.6
Common repository of GRC items
Axiom Software (formerly Axiom EPM)
Wdesk
8.7
Risk management
Axiom Software (formerly Axiom EPM)
Wdesk
8.5
Integration with Corporate Performance Management (CPM) systems
Axiom Software (formerly Axiom EPM)
Wdesk
9.0
GRC policy management
Axiom Software (formerly Axiom EPM)
Wdesk
8.5
Incident management
Axiom Software (formerly Axiom EPM)
Wdesk
8.2

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

Wdesk

  • The biggest strength of the program for our team is that multiple users can work in the document at the same time. Multiple users can be in the program updating financial statements, footnotes, MD&A - all without stepping on each other's toes.
  • Rolling forward the documents from one period to the next is pretty simple. Links to source documents are maintained and new ones can be added without much hassle.
  • Edits and changes can be made right up until the last minute before filing. There is no waiting period or pencils-down period unless we enforce one ourselves - the Financial Reporting team is in control of the timing of our filings.
Erin Crossland | 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

Wdesk

  • Limitations to spreadsheet formulas
  • Basic design (User Interface)
  • Works slow sometimes
  • Lacks few creative options
  • Excel formulas are limited to an extent
Anonymous | TrustRadius Reviewer

Usability

Axiom Software (formerly Axiom EPM)

No score
No answers yet
No answers on this topic

Wdesk

Wdesk 9.0
Based on 3 answers
We believe that the usability of Wdesk is really very easy, accurate, reliable, and automated. The information in our documents is updated in real-time. The graphical interface is excellent, super friendly, and easy to see and use. No one has reported problems with using Wdesk. It is also easy to configure to limit the visibility of some specific information to specific users of the organization.
Maria Luis Ribeiro | 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

Wdesk

Wdesk 9.7
Based on 3 answers
I have not had to deal with the Support Team, but overall our experience with the tool has been positive. They try to set new customers up for success from the start (I was part of the sales process, not the actual onboarding) and seemed to know that it’s a difficult transition, but worth it in the long run.
Anonymous | TrustRadius Reviewer

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

Wdesk

We moved from a third party filer to doing it in house. Have seen demos of products like Active Disclosure, which has come a long way from the beta version I saw and but we are not too far gone with Wdesk for us to evaluate other products.When we first signed up with Webfilings, (former name of Workiva), there were no viable products in the market. I had seen an Oracle product and a beta version of Active Disclosure. It was not hard to see the ease and intuitive-screens, to guide one through the filing process. The excel-like spreadsheets were an added bonus.
Sandhya Chakrapani | 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

Wdesk

  • We spend less than we used to with a traditional printer.
  • We have been able to do turn-on-a-dime equity offerings with last minute changes and still file on time.
  • Inviting external legal into the platform has helped with communication but we actually suspect they spend MORE time (and billing) on our documents than they used to just simply because it's so easy to get at them anytime they want.
Anonymous | TrustRadius Reviewer

Pricing Details

Axiom Software (formerly Axiom EPM)

General

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

Wdesk

General

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

Rating Summary

Likelihood to Recommend

Axiom Software (formerly Axiom EPM)
7.0
Wdesk
8.7

Usability

Axiom Software (formerly Axiom EPM)
Wdesk
9.0

Support Rating

Axiom Software (formerly Axiom EPM)
7.0
Wdesk
9.7

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