Streamline the budget process. Eliminate the spreadsheet shuffle.
Axiom Budgeting and Forecasting transforms the planning and budget development process. It lets finance professionals create reliable plans and analyses and model different segments of the business. Presenting information in the proper context, including both historic data and assumptions that drive future projections, is key to improving decision making at your school.
Users across your school can review annual and monthly budget views and drill-down to see details for each general ledger category. Workflows trigger notifications for plan review, approval, or overdue submissions. Spend less time on manual efforts collecting spreadsheets and more time on high-value strategic analysis and decision making.
Bring Together Operational and Financial Data with Ease
Integrate data from the general ledger, human resources, and other systems and sources, such as Banner®, Colleague®, Oracle®/Peoplesoft, SAP®, and Workday®
Accurately Model Costs Associated with Positions and Employees
Perform sophisticated salary and benefits planning using your human resources and payroll data, handle multiple fringe benefit rates and funding sources
Collaborate on a Single Platform
Increase engagement and adoption of the planning process across departments, functions, and schools with intuitive, guided budgeting forms and reports
Plan grant-level funding and spending
Project upcoming project funding, track actual versus planned spend across grants’ lifecycle, and model the impact of grants on fiscal years
Featured Budgeting, Forecasting, & Planning Insights
As a forward-thinking institution, Tufts University began taking concrete steps seven years ago to overcome the challenges facing higher education and to ensure a sustainable business model.