Budget System Implementation

Overview

RMA is partnering with Kaufman Hall to implement their Axiom budget software.  Axiom is a cloud-based enterprise budgeting and planning platform that enables planning, collaboration, and informed decision-making across the organization.  It provides a flexible data model that supports detailed and summary level information across dimensions (chartfields), it also provides real time visibility into the data through integrated analytic and reporting options.  Each budgeting/planning process in Axiom can be managed separately with its own business logic, data attributes, periodicity, yet it is managed within one single system.  In addition, Axiom’s build-in integration tool will be used to bring in data from FAST and GEMS.  The software has the functionality to support the complex nature of USF’s diverse funding and departmental units.  The implementation will include Operational Budgeting, Labor Planning, Forecasting, Multi-year Planning, and Reporting.  The implementation will run from September 2018 through June 2019 and will use a phase-in methodology.