Axiom Planning and Profitability

Forward-thinking financial institutions rely on the role of the CFO for more than financial reporting. CFOs now balance traditional responsibilities with analysis and insights that inform strategy and drive growth.

Meeting today’s business challenges requires a what-if, scenario-based approach to finance. When combined with trusted technology, future-minded data analysis can drive profitable growth along with greater efficiency and accuracy. Data-driven analysis and disciplined thinking are essential to near-term success and long-term sustainability, but these require a unified product platform, increased transparency and the fundamental principles of corporate finance.

Axiom Planning and Profitability, offered via a relationship with Syntellis Performance Solutions, provides finance leaders with the tools needed to accurately quantify the financial impact of the decisions they face.

Axiom Planning and Profitability combines budgeting, long-range planning, forecasting, scenario modeling, and funds transfer pricing and profitability analysis on a single integrated SaaS platform. Using robust reporting and analytics capabilities, financial institutions are positioned to better manage and enhance financial and organizational performance with strategic, growth-focused decision making.

Transform financial decision making and set a course toward profitable growth strategies

 

Analyze historical results and trends to better manage variances and root-cause analysis

 

 

Model future business scenarios to stay nimble as business conditions change

 

 

Mitigate and reduce risk by providing updated forecasts throughout the year

 

 

Improve strategic decision making with comprehensive and flexible reports, dashboards and data visualizations

 

 

Shorten overall budget cycles and increase operational efficiencies by automating processes

 

 

Gain new insights and visibility for improved profitability by understanding value drivers

 

Budgeting, Planning and Forecasting

Deliver timely and accurate information to support financial performance while adapting to change

  • Take a collaborative approach to financial planning with comprehensive, integrated budgeting, forecasting, scenario analysis and long-range planning tools
  • Develop financial forecasting based on market and operational drivers, leveraging best practice calculation methodologies and cash flow-based planning
  • Reduce errors, imports and duplicate data entry with a single system for budget inputs



Funds Transfer Pricing and Profitability

Accurately understand your sources of profitability

  • Improve accuracy via transparent, matched-term funds transfer pricing
  • Measure profitability at an account level and aggregate to any dimension to drive more informed business decisions
  • Gain visibility into which customers, products, branches and other segments drive the most value for your institution


Reporting and Analytics

Quickly uncover and deliver crucial, transformative information

  • Reduce reporting time via automated reports and deliver comprehensive profitability results to the right people at the right time
  • Improve timely, strategic decision making with configurable reports, dashboards, data visualizations and KPI metrics
  • Adapt to changing business conditions using actionable insights revealed by current and historical FTP, periodic forecasting and profitability analysis
  • Measure and analyze full profit contribution and risk adjusted return on capital (RAROC), applying a matrix-based risk assessment approach



  

 

Leverage Axiom Planning and Profitability with your enterprise performance management solutions and core banking platform from Fiserv as part of a broader strategy to drive overall corporate performance.

GettyImaegs-869420248_Hero_2400x1200.jpg dark-overlay

How Financial Institutions Can Prepare for the Unexpected

COVID-19 drove home the importance of a more data-driven and agile planning model, one that leverages up-to-date technologies and workflows that today's CFOs must have to quickly respond to market events.

Read the White Paper

Insights


It’s Time to Build a More Agile Budget

CFOS are facing a range of budgeting challenges – lengthy budgeting cycles, inability to leverage data, lack of insights for strategic decision making and inadequate tools for budgeting and profitability. Our infographic presents the results of a recent survey regarding these budgeting challenges and recommendations on the best path forward.

View the infographic


Preparing Finance for a Changing World

Learn how CFOs can implement three strategies – tools, talent and data visibility – to help successfully lead their financial institution into the future.

Read the white paper


No Crystal Ball: Why Financial Institutions Need Profitability Analysis

Even amid uncertainty, financial institutions need to make astute decisions about product and service delivery, and plan for more stable times. CFOs need to understand the value of each profit contributor – and how it responds to change – to offer guidance that goes beyond reporting and monitoring.

Read the blog


Let us know how we can help

We'd love to talk about how Axiom Planning and Profitability can help your business reach its goals. Simply fill out the form below and we’ll be in touch.