Axiom Software Certified as “Next Generation Ready” Performance Management Solution
Recognized by BPM Partners for being comprehensive, connected, collaborative, and cloud-based
SKOKIE, Ill. – December 7, 2017 – Kaufman Hall, a leading provider of enterprise performance management and decision support software, and management consulting services, announced that its Axiom Software is certified as a “Next Generation Ready” performance management solution by BPM Partners, a leading independent authority on business performance management.
As disruptive competitors challenge traditional business models across multiple industries, finance executives across the country are seeking technology solutions to help their organizations build collaboration, become more strategically aligned, and support a holistic approach to performance improvement. The Next Generation Ready certification provides third-party validation that Axiom Software offers advanced solutions that are comprehensive, connected, collaborative, and cloud-based, going beyond traditional business performance management to help executives proactively address current and future demands.
“Kaufman Hall’s Axiom Software has always been an innovative leader, so we are not surprised that it is one of the first solutions to be certified Next Generation Ready,” said Craig Schiff, President and CEO of BPM Partners. “Axiom provides additional value to finance while expanding the benefits of those systems company-wide, which makes it a solid investment.”
Axiom Software is among the first nine vendors to receive the newly created certification. Vendors are evaluated on a variety of metrics to assess their compliance with BPM Partners’ core principles of next generation solutions. Criteria include the ability of the companies’ performance management solutions to address needs beyond finance, provide tight integration with Microsoft Office components, and offer pre-built connectors for key financial and operational source systems. To be certified, vendors’ solutions have to be largely cloud-based, and offer strong tools to enhance collaboration, optimize workflow, and guarantee ease of use.
According to BPM Partners, these capabilities enable enterprises to be more strategically aligned, with streamlined and collaborative processes that reduce errors and deliver “one version of the truth.” They help executives foster a broader view of the business, collaboration between finance and operations, and a company-wide performance culture that contributes to an improved bottom line.
“In today’s dynamic business landscape, having the right performance management solution in place is critical to guiding financial outcomes,” said Tom Walsh, CEO of Kaufman Hall Software. “We are pleased to receive this latest accolade from BPM Partners, which underscores our commitment to delivering forward thinking capabilities and true business value to our Axiom customers.”
This latest news follows Kaufman Hall’s recent announcement that Axiom Software has again received top ratings from both BPM Partners and Gartner.
About Kaufman Hall
Kaufman Hall provides management consulting and software to help organizations realize sustained success amid changing market conditions. Since 1985, Kaufman Hall has been a trusted advisor to boards and executive management teams, helping them incorporate proven methods into their strategic planning and financial management processes, and quantify the financial impact of their plans and strategic decisions to consistently achieve their goals.
Kaufman Hall services use a rigorous, disciplined, and structured approach that is based on the principles of corporate finance. The breadth and integration of Kaufman Hall advisory services are unparalleled, encompassing strategy; financial and capital planning; cost transformation; treasury and capital markets management; and mergers, acquisitions, partnerships, and joint ventures.
Kaufman Hall’s Axiom Software provides sophisticated, flexible performance management solutions that empower finance professionals to analyze results, model the future, and optimize organizational decision making. Solutions for long-range planning, budgeting and forecasting, reporting and analytics, consolidations, capital planning, and profitability and cost management are delivered on a single integrated software platform. Kaufman Hall’s Peak Software empowers healthcare organizations with clinical benchmarks, data, and analytics to provide a higher quality of care for optimized performance and improved patient outcomes.
About BPM Partners
BPM Partners is a leading independent authority on business performance management (BPM) and related business intelligence solutions.