Pandemic Recovery: What’s in a Forecast?
By collecting and aggregating data from across the organization, leaders can make informed plans and create tailwinds as the world emerges from this pandemic. Read more.
Adopt a Chef’s Approach to Profitability Measurement and Analysis
"Follow the recipe, but add your own touches" - what does this mean for how your organization measures profitability? Read more!
Over 20% of U.S. Farm Credit Associations Select Kaufman Hall Performance Management Solutions to Help Overcome Unprecedented Challenges
11 more farm credit associations adopted Axiom Software between December 2019 and April 2020! More than 20% of all U.S. farm credit associations now use Axiom Software. Read more.
Jeff Truitt
Product Manager, Financial Institution Solutions
Jeff Truitt is a Product Manager, with a focus on financial institutions. He directs design and development of Axiom software solutions, building in best practices for banks, credit unions, and farm credit associations.
Mr. Truitt has 10 years of experience implementing and administrating software and database systems, including several years in the financial industry. Prior to joining Syntellis, he was a Senior Financial Analyst at BCU, where he led the implementation of Axiom Software’s funds transfer pricing, organizational profitability, customer account profitability, and incentive compensation management solutions. Mr. Truitt utilized the profitability system to support decision making across the organization, including acquisitions, new branch openings, product feature changes, and capital investments. Prior to BCU, he worked in the telecommunications industry conducting financial analyses and administration of various databases. Earlier in his career, Mr. Truitt worked at a startup CRM software company, where he was responsible for implementations, customer service, and training.
Mr. Truitt received his M.B.A. from the University of Illinois, and his B.S. in Finance from the University of Kansas.
Financial Institutions
Financial Institutions
Navigating COVID-19: Financial Institution Leaders Share Challenges and Strategies
A difficult rate environment and unprecedented competition created high levels of uncertainty around financial institution performance in the year leading up to the COVID-19 outbreak. Now, extreme volatility in the financial markets — with wild intra-day swings in market indices and stock prices — along with high levels of other negative economic data (i.e., increase in unemployment) present new challenges for leaders in the banking industry, leaving some with more questions than answers.
Hope is Not a Strategy: Focus on Relationships for Margin Management
It’s no secret that even prior to the effects of the COVID-19 virus, the rate environment made it difficult for banks and other financial institutions to increase profitability. Read more on how to weather this storm.
Tips for Weathering the Banking Industry’s Perfect Storm
As a trusted partner in the financial institution space for 10+ years, we want to help your organization navigate these turbulent times by offering thoughts, ideas, and best practices from a Financial Planning and Analysis (FP&A) perspective. Read more.
Financial Services CFOs Say Their Institutions Need to Gain Greater Insights into Who and What Drives Profitability, Kaufman Hall Survey Finds
Pressure from an uncertain economy and unprecedented competition from an increasing number of sources has 92% of CFOs. Read more news about the latest report from Kaufman Hall, the 2020 Outlook for Financial Institutions.
Axiom Planning Demonstration: Key Elements for Your Budgeting Process
What should you look for in a planning system? Watch our short video to learn more about the keys necessary for successful budget planning in 2020.
How to Improve Your Budgeting Process: 5 Ways Axiom Helps
Read the interview with Lindsay Reyes, VP of Finance for Valley Strong Credit Union, to learn more about the 5 ways Axiom can improve your budgeting process.