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Information Builders and Axiom EPM Announce Strategic Partnership for Business Intelligence & Performance Management

Custom Adapter Seamlessly Integrates Financial Planning & Analytics Engine with BI Tools for Optimized Organizational Decision Making and Profitability Management

June 5, 2013 — Orlando, FL — Information Builders, a leader in business intelligence (BI), analytics, information integrity, and integration solutions and, Axiom EPM, a leading provider of financial planning and performance management software for enterprises, today announced that they have formed a strategic business and technology partnership. Under the terms of this partnership agreement, Axiom EPM will be the preferred Enterprise Performance Management (EPM) partner for Information Builders’ clients, and Information Builders will be the preferred BI, data integration and quality partner for Axiom EPM clients.

The partnership is a reflection of the natural synergies between BI and EPM functions and also reflects how the office of the CFO and CIO are increasingly working closely together to introduce systems and processes that optimize business performance. The recent increase in big data and the volume and complexity of financial and operational information has contributed to an increasing need for more sophisticated models to support various forms of strategic and operational planning. Finance teams must become more agile and responsive to organizational needs, shifting their time away from more tactical data management tasks to spending more time modeling at the enterprise level and delivering high-value analysis that can impact decision making and ultimately profitability.

The combined value of the Information Builders and Axiom EPM partnership enables this transformation with proven expertise, methodologies and technology integration. To support this new partnership, Information Builders and Axiom EPM have jointly developed an adapter that enables WebFOCUS business intelligence users to seamlessly and securely query the Axiom EPM financial planning and analytics platform, empowering customers with a full range of business analytics tools to realize the promise and power of EPM. As a result, the robust financial planning content created and stored in the Axiom EPM application becomes a rich and trusted information source that can be consumed by a wide variety of decision makers and functions across the organization for real-time, in context, decision making.

The industry leading capabilities offered through the Information Builders and Axiom EPM partnership are being leveraged at Sterling Bank, one of the largest regional community banks in the western United States. Sterling Bank needed to rationalize a complex heterogeneous landscape composed of various legacy data sources. They also needed comprehensive performance management capabilities for planning, profitability measurement and incentive compensation. “The combination of Information Builders’ iWay and WebFOCUS tools along with Axiom EPM’s comprehensive performance management platform will deliver the trusted data governance along with the planning and profitability analytics required to understand the key business drivers and inform better decision making.” said Laura Roberts, SVP, Financial Planning & Analysis Executive, Sterling Bank.

In addition to complementary technologies, both firms share a singular business focus on their respective domains and make customer satisfaction the top priority —each ranking in the upper tier of various industry surveys. “We are extremely excited to be able to offer our customers the ability to seamlessly integrate strategic planning, budgeting, forecasting, profitability management and analytics on one integrated platform and database structure,” said Gerald Cohen, CEO, Information Builders. Mike Choi, CEO, Axiom EPM, added, “working with another privately held company that shares a common vision and focus on customer success will help ensure a successful business and technical partnership for many years to come.”

Axiom EPM
Founded by industry leaders with over two decades of experience in enterprise and reporting, Axiom EPM delivers solutions that empower the office of finance. Solutions for budgeting & forecasting, reporting & analytics, strategy management, capital planning, profitability & cost management are delivered on a single unified platform. Axiom EPM embraces and extends familiar Microsoft Excel® functionality, allowing finance professionals to manage data in a familiar environment – while providing unmatched modeling flexibility and enterprise performance. From an innovative technology platform, to robust industry solutions to market leading customer support, Axiom EPM provides financial professionals with the tools and knowledge to be successful.

Information Builders
Founded in 1975, Information Builders delivers state-of-the-art technology that is transforming business in all commercial industries, government, and education. As one of the largest independent, privately held companies in the software industry, Information Builders focus is ensuring customers can apply intelligence, integration, and integrity solutions to dramatically improve the performance of their entire organization. WebFOCUS Intelligence, the industry’s most comprehensive BI platform, offers easy-to-use BI, business analytics, and performance management capabilities to promote a proactive business culture that helps organizations gain a competitive edge. iWay Integration Solutions work on any platform, inter-operate with proprietary technologies as well as industry standards, support more than 300 database and application adapters, and lay the foundation for a real-time, integrated enterprise. iWay Integrity Solutions integrate, enrich, and transform data into relevant, timely, and usable information. Information Builders’ proven products help organizations to cut costs, reduce risk, achieve compliance, and improve business performance.

June 12, 2013 I Written By

John Lynn is the Founder of the HealthcareScene.com blog network which currently consists of 15 blogs containing almost 6000 articles with John having written over 3000 of the articles himself. These EMR and Healthcare IT related articles have been viewed over 13 million times. John also manages Healthcare IT Central and Healthcare IT Today, the leading career Health IT job board and blog. John is co-founder of InfluentialNetworks.com and Physia.com. John is highly involved in social media, and in addition to his blogs can also be found on Twitter: @techguy and @ehrandhit.

Axiom EPM Achieves Historic Customer Satisfaction Rating in BPM Pulse of Performance Management 2013 Survey

Robust Solution Suite and Cross Industry Capabilities Earn Survey’s First Ever Perfect 5.0 Rating

May 14, 2013 — Portland, OR — Axiom EPM, a leading provider of financial planning and performance management software for enterprises, today announced it received a perfect 5.0 customer satisfaction rating in the BPM Partners Pulse Performance Management 2013 survey, which examines vendor solutions, industry trends, and offers end users guidance on solution selection and implementation. It was the first-ever perfect rating in the study’s ten year history. In the annual webcast hosted by Business Finance Magazine, Craig Schiff, CEO of BPM Partners, the leading independent authority on business performance management, discussed essential strategies for budgeting, planning, reporting and consolidation systems.

This is the second year in a row that Axiom EPM was recognized during the BPM Partners Pulse Performance Management webcast for its superior customer service and comprehensive performance management solutions that serve a range of industries including banking, healthcare, retail, higher education, and manufacturing. “Clearly their customers love them,” said Schiff.

“Receiving the first perfect customer satisfaction rating is particularly gratifying for us given that a large proportion of our client base participated in the study,” said Michael Choi, CEO, Axiom EPM. “This recognition is a testament to the commitment we’ve made to our clients and to the quality of our solutions, and reinforces our reputation for delivering an unmatched level of service.”

“The Pulse of Performance Management 2013 is designed to help participants identify the most successful vendors that match their needs, benchmark their projects and leverage performance management best practices,” said Schiff.

Axiom EPM offers solutions for budgeting and forecasting, reporting and analytics, strategy management, capital planning, consolidations, profitability and cost management on a single integrated platform. Axiom EPM’s flexible, scalable solutions address the complicated finance needs of a wide variety of organizations provides finance executives with the tools they need to improve corporate performance. Axiom EPM embraces and extends familiar Microsoft Excel® functionality, allowing finance professionals to manage data in a familiar environment – while providing unmatched modeling flexibility and enterprise performance. Its applications promote end-user adoption as well as actionable participation across business processes. “It’s a good choice for anyone looking for a comprehensive and unified solution,” said Schiff.

To listen to a replay of BPM’s Pulse of Performance Management 2013 Webcast visit: http://w.on24.com/r.htm?e=598096&s=1&k=9600C6C1B142FA8681DD593AFA0FDD6A

About BPM Partners
BPM Partners is the leading independent authority on business performance management (BPM) and business intelligence solutions. The company helps organizations address their budgeting, planning, financial reporting, regulatory compliance, profitability optimization, key performance indicator (KPI) development, and operational performance challenges with vendor-neutral experts who can guide companies through their BPM initiatives from start to finish while both reducing risk and minimizing costs. For further details, go to http://www.bpmpartners.com. Follow BPM Partners on Twitter @BPMTeam.

About Axiom EPM
Founded by industry leaders with over two decades of experience in enterprise planning and reporting, Axiom EPM delivers performance management solutions for mid-sized and large organizations around the world. Solutions for budgeting & forecasting, reporting & analytics, strategy management, capital planning, profitability & cost management are delivered on a single unified platform. Axiom EPM embraces and extends familiar Microsoft Excel® functionality, allowing finance professionals to manage data in a familiar environment – while providing unmatched modeling flexibility and enterprise performance. For more information, visit www.axiomepm.com.

June 3, 2013 I Written By

John Lynn is the Founder of the HealthcareScene.com blog network which currently consists of 15 blogs containing almost 6000 articles with John having written over 3000 of the articles himself. These EMR and Healthcare IT related articles have been viewed over 13 million times. John also manages Healthcare IT Central and Healthcare IT Today, the leading career Health IT job board and blog. John is co-founder of InfluentialNetworks.com and Physia.com. John is highly involved in social media, and in addition to his blogs can also be found on Twitter: @techguy and @ehrandhit.

Axiom EPM Announces Innovative Advances in Platform to Support Strategic Financial Planning and Performance Management

Axiom EPM Announces Innovative Advances in Platform to Support Strategic Financial Planning and Performance Management  Company Introduces Version 6.0 of Platform at Annual Performance Management Summit; Updates Include Scenario Modeling, Mobile Support and Dashboard Enhancements

February 25, 2013 — Las Vegas, NV — Axiom EPM, a leading provider of financial planning and performance management software for enterprises, today unveiled the latest version of its unified enterprise performance management platform at its 2013 Performance Management Summit in Las Vegas, NV, the company’s annual conference. The updated platform, version 6, includes innovations designed to help finance professionals more accurately and efficiently plan, budget, forecast and analyze performance for better decision making in today’s dynamic landscape.

Key enhancements to the Axiom EPM unified platform include:

•       Scenario Modeling: Intuitive interface empowers finance executives to perform what-if analysis on existing forecasts and plans to understand the impact of business changes and enable decision makers to make informed decisions based upon the results of multiple scenario models.
•       Mobile Support: Enables access to the Axiom EPM platform across mobile devices including tablets and smart phones, offering decision makers the most-up-to-date information in a convenient and interactive format.
•       Interactive Dashboards: Allows users to create, render and interact with dashboards, adjusting the data displayed in the dashboards and even contributing data to the dashboards via database write-back capabilities. New chart types and visualization options enable executives to monitor, analyze, adjust and add key performance data.
•       Alerts and notifications: Provides enhanced alerts and notifications when a specified condition or threshold is met, allowing users to proactively manage business metrics and outcomes.

“Uncertainty is the new normal,” said Michael Choi, CEO, Axiom EPM. “Organizations are experiencing constant change that impacts their business in ways they’ve not seen before. The new scenario modeling capabilities and dashboard enhancements to the Axiom platform announced today reflect our continued focus on helping organizations stay agile in an ever-changing environment and prepare for the future.”

“Our organization increasingly needs to collaborate around weekly and even daily changes,” said Grant Slovek, Vice President of Financial Reporting and Budgeting, Sturm Financial Group. “Axiom EPM’s interactive dashboards  give our leadership team access to important information in a simple, yet comprehensive format, allowing us to quickly and easily explore the impact of different business decisions.”

Axiom EPM offers solutions specifically designed for enterprises that unify financial planning and decision support functions in a single platform. Axiom EPM’s flexible, scalable solutions address the complicated finance needs of a wide variety of organizations provides finance executives with the tools they need to improve corporate performance. Axiom EPM embraces and extends familiar Microsoft Excel® functionality, allowing finance professionals to manage data in a familiar environment – while providing unmatched modeling flexibility and enterprise performance.  Its applications promote end-user adoption as well as actionable participation across business processes.

To learn more about this release, go to www.axiomepm.com/version-six.

About Axiom EPM
Founded by industry leaders with over two decades of experience in enterprise planning and reporting, Axiom EPM delivers performance management solutions for mid-sized and large organizations around the world.  Solutions for budgeting & forecasting, reporting & analytics, strategy management, capital planning, profitability & cost management are delivered on a single unified platform.  Axiom EPM embraces and extends familiar Microsoft Excel® functionality, allowing finance professionals to manage data in a familiar environment – while providing unmatched modeling flexibility and enterprise performance.  For more information, visit www.axiomepm.com.

February 25, 2013 I Written By

John Lynn is the Founder of the HealthcareScene.com blog network which currently consists of 15 blogs containing almost 6000 articles with John having written over 3000 of the articles himself. These EMR and Healthcare IT related articles have been viewed over 13 million times. John also manages Healthcare IT Central and Healthcare IT Today, the leading career Health IT job board and blog. John is co-founder of InfluentialNetworks.com and Physia.com. John is highly involved in social media, and in addition to his blogs can also be found on Twitter: @techguy and @ehrandhit.