Syntellis Axiom is a robust Enterprise Performance Management (EPM) platform, primarily serving large healthcare organizations, financial institutions, and higher education institutions. The software unifies critical finance processes—including budgeting, long-range planning, forecasting, and reporting—onto a single, integrated, cloud-based platform.
Key Capabilities and Value Proposition:
- Integrated Planning: Axiom supports driver-based budgeting, which links financial results to operational metrics like patient volumes and staffing levels, creating a transparent and dynamic planning process.
- Advanced Analytics: It offers sophisticated scenario modeling tools, allowing users to test multiple financial outcomes and mitigate risk, which is essential in unpredictable markets.
- Data Consolidation: The platform excels at integrating disparate data from multiple sources, including ERP systems and Electronic Health Records (EHRs), to provide a single source of truth for comprehensive financial, operational, and clinical analysis.
- Decision Support: Modules like Axiom Enterprise Decision Support (EDS) and Axiom Intelligence provide cost accounting, profitability analysis, and customizable, real-time dashboards for data-driven decision-making.
While the software is highly customizable and powerful, it is typically implemented by medium to large enterprises due to its complexity and comprehensive feature set.