CHICAGO, Jan. 8, 2019 /PRNewswire/ — Kaufman Hall today announced Axiom Financial Institutions Suite has become the premier choice of more than 100 financial institutions seeking to bolster their financial management. Serving a variety of institutions including banks, credit unions, and farm credit associations, Kaufman Hall recently contracted with its 100th customer, Centris Federal Credit Union, in Omaha, Neb.
“We selected Axiom Software to enhance our capabilities with all levels of profitability in our organization, including member, product, branch and business unit profitability,” said Tom Huston, chief financial officer and executive vice president, Centris Federal Savings Bank. “We are excited about the dashboard functionality, drill-down capabilities, and streamlined reporting capabilities in Axiom. We also believe that taking profitability to a more granular level, to the activity level, will better help us get an accurate picture of all the inputs and costs associated with each product. Finally, we have a strong sense of confidence in the software based on Kaufman Hall’s implementation team.”
Kaufman Hall’s Axiom Financial Institutions Suite is designed to improve financial processes, helping banks, credit unions and farm credit associations navigate uncertainty, reduce risk, and build insights to approach the future boldly. It delivers solutions for driver-based budgeting, planning, and forecasting; financial and operational reporting and dashboards; precise funds transfer pricing and profitability analysis; and incentive compensation management aligned with corporate goals all on a unified platform available in the cloud or on premise. The Axiom Financial Institutions Suite empowers professionals to analyze results, model the future, and optimize organizational decision making.
This software has been building a strong foundation in the financial institutions industry and is the product of choice for many forward-looking companies.
“As we continue to grow, our reporting requirements are constantly evolving,” said Sandra Dudley, SVP, Director Corporate Development and Financial Planning & Analysis for Byline Bank. “From becoming a public company with SEC requirements to acquisitions involving adjustments to our organizational structure, Axiom has allowed for these changes to be made seamlessly. Less time and energy is spent on the actual reporting of the numbers and is better spent toward their interpretation in order to drive business decisions.”
Leaders of the most recent financial institutions to join Kaufman Hall’s list of clients expect that the Axiom software will set their institutions on the path to more robust financial performance. The company’s latest offering for financial institutions, Axiom Relationship Profitability and Pricing System, reflects a commitment to continued performance innovation, helping institutions accurately price, analyze, and manage business to retain and expand their best customer relationships.
“Our team is committed to helping our clients reach their full business potential,” said Ken Levey, vice president, financial institutions for Kaufman Hall. “We are excited to be offering a unique and rapidly-growing set of software solutions to help financial institutions make more informed business decisions and build a stronger future for their clients, members and investors.”
About Kaufman Hall
Kaufman Hall is the performance solution company that helps the management teams of organizations in dynamic, disrupted, and transforming industries improve financial performance, make strategic decisions, and plan their futures. Our solutions are driven by rigorous analytics to help organizational leadership achieve the transformative outcomes they need to compete and win. With specific expertise in targeted industries, including financial services, Kaufman Hall hires the best of the best to partner with clients and solve the toughest business problems on earth.
Kaufman Hall’s Axiom Financial Institutions Suite provides sophisticated, flexible performance management solutions for banks, credit unions, and farm credit associations that empower finance professionals to analyze results, model and forecast scenarios, and optimize organizational decision-making. Solutions for strategic decision management, budgeting and forecasting, funds transfer pricing and profitability management, reporting and analytics, and incentive compensation management are delivered on a single unified platform.
Amendola Communications (for Kaufman Hall)
SOURCE Kaufman Hall