PORTLAND, Ore. –– Kaufman Hall, a provider of enterprise performance management software and management consulting services, announced that Golden 1 Credit Union in Sacramento, Calif., has implemented its Axiom Software Suite for Financial Institutions, including solutions for budgeting and planning, profitability and funds transfer pricing (FTP), and reporting and analytics solutions.
Golden 1 said selected Axiom Software because it sought to integrate its planning and profitability processes on a single platform with an easy to use interface to ensure adoption across the institution. Golden 1 now uses the Axiom Software to process and consolidate instrument level details in a highly optimized and efficient manner, a critical aspect of the solution. Additionally, with the Axiom Software Golden 1 can more effectively mitigate risk and plan for uncertainties by processing multiple “what-if” scenarios to better understand financial and operational impacts of various circumstances, the company said.
“As the sixth largest credit union in the U.S., it was critical that our performance management solution feature an intuitive interface that could be easily adopted institution-wide,” said Tamara Ferrin, Vice President of Finance at Golden 1 Credit Union. “Streamlining all of our planning and profitability processes onto one, easy-to-use platform has also freed up our staff for more value added strategic activities and analysis to better support institution decision-making.”
“From our first meeting, it was clear that Golden 1 was looking for a business partner who would take the time to understand their business needs and requirements,” said Ken Levey, Vice President of Financial Institutions for Axiom Software. “Axiom Software allows Golden 1 the flexibility to tailor the solution to meet their needs and offers a proactive approach to analyze and quantify their institution’s performance to facilitate more profitable growth.”