Solution - HE Labor Planning

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LABOR PLANNING

Align Staffing with Budget
 

AxiomTM Labor Planning software offers a sophisticated approach to salary and benefits planning that leverages your institution’s human resources data, driver assumptions about future rates, and budget input. Leaders can plan by position or employee for stable and highly compensated positions or by job code or job type for more variable positions, such as student workers.

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Apply Rates
Handle multiple fringe benefit rates and apply to appropriate salaries

Secure System Integration
Integrate HR and payroll systems to pull in employee data

Create New Positions
Incorporate bargaining unit and appointment data on position types

Featured Resources

Solution - HE Budgeting and Planning - Rethemed

Streamline the budget process. Eliminate the spreadsheet shuffle.
 

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AxiomTM transforms the planning and budget development process. Finance professionals can create reliable plans and analyses and model different business segments. 

Users across your school can review annual and monthly budget views and drill-down to see details for each general ledger category. Workflows trigger notifications for plan review, approval, or overdue submissions. Spend less time on manual efforts collecting spreadsheets and more time on strategic analysis and decision making.

 

 
 
 

Bring Together Operational and Financial Data with Ease

Integrate data from the general ledger, human resources, and other systems and sources, such as Banner®, Colleague®, Oracle®/Peoplesoft, SAP®, and Workday®
 

Accurately Model Costs Associated with Positions and Employees

Perform sophisticated salary and benefits planning using your human resources and payroll data; handle multiple fringe benefit rates and funding sources

 

Collaborate on a Single Platform

Increase engagement and adoption of the planning process across departments, functions, and schools with intuitive, guided budgeting forms and reports

 

Plan grant-level funding and spending

Project upcoming project funding, track actual versus planned spend across a grant's lifecycle, and model the impact of grants on fiscal years 

 

Join colleges & universities from across the country who use Axiom for an efficient budgeting and reporting process

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FEATURED RESOURCES

Axiom Higher Education Suite - Retheme

Create Efficient, Accurate and Transparent Budgets
 

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Using tailored models and business logic designed for higher education, Axiom streamlines the budgeting process, making it more efficient across departments, functions, and schools.

Engage in true enterprise planning with robust workflows, role-based security, and automated report production that can support centralized and decentralized models. Adoption is easy with a template-based budget structure and standard report libraries. 

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Budgeting & Forecasting

Shorten the budget cycle and create planning models tied to internal and external drivers, including salary and benefits planning leveraging HR data, driver assumptions, and budgets.

 

Tuition Revenue Planning

Model tuition rates and fees and easily create scenarios that show the impact of changes

 

Commitments Planning

Standardize data collection for new funding requests across the institution, streamline approvals, and monitor the progress and financial impacts of those commitments over time.

 

Grants Planning

Visibility into income and expenditures across a grant's life and the financial impact of installments on budgets and forecasts

 

Develop Multi-Year Strategic Financial Plans

Strategy-based performance management software that helps universities and colleges assess the viability of future financial plans and initiatives 
 

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Strategic Financial Planning
Develop 5 to 10-year financial plans using models and scenarios to mix and match assumptions and initiatives. Deliver executive-level dashboards showing the impact of external factors against plans and commitments. 
 

Capital Planning
Create and evaluate multi-year capital projects and their impact on the balance sheet, cash flow, and statement of activities.

 

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Reporting & Analytics

Leaders no longer have to rely on manual processes or compiled spreadsheets, with Axiom Intelligence, organizations can analyze and visualize financial and operational data to identify and highlight trends, variances, and improvement opportunities. Axiom Intelligence brings data together with advanced reporting and visualizations, providing a powerful, web-based, intuitive reporting environment that supports dashboards, ad hoc reports, and spreadsheet views — all within an easy-to-use interface. Axiom Intelligence supports a breadth of reporting needs, from department variance analyses to Board packages and everything in between.

 

Tech Specs

 

System Information

  • Cloud hosting on Microsoft Azure
  • Microsoft® .NET interface that leverages Microsoft® Excel®
  • Full browser compatibility
 

Automated Data Integration

Includes a robust, highly configurable data connector that can be set up to connect to a variety of data sources in a matter of minutes, like Ellucian, Oracle, and Workday. You can select the frequency of automatic synchronization. Our open integration ensures that you can connect to virtually any data source for clean, trusted data.

 

Security & Compliance

  • Role-based security for complete control over how your data is accessed and shared
  • SSAE-16 SOC Type II (SOC2) audited by BDO USA, LLP according to AICPA standards
  • Microsoft’s Azure HIPAA Compliance framework, which includes a BAA Contract Addendum, as well as ISO 27001 audit controls
 

Strata Academy - StrataJazz

Learn more about the StrataJazz Administrator Certification program and upcoming sessions. 

StrataJazz Administrator Certifications are available across a range of modules. Each certification includes virtual, instructor-led training and an assessment in the form of a project and exam. Upon completion of all components, learners are granted a certification in their module. Each certification is designed to give you the tools and knowledge you need to successfully work as an administrator in StrataJazz.  

Looking for self-paced training courses? There are available for free to Strata customers within Strata Academy.  

How can I get the most out of StrataJazz Certification?

Strata recommends attending StrataJazz certification classes after you have started your implementation. Having some basic exposure to the StrataJazz platform before you attend class will improve your class experience. The implementation process includes training from your consultant that is tailored to your organization’s specific needs and builds on the fundamentals covered in certification.  

You may also choose to attend certification class after your organization has completed implementation as a refresher on key administrative tasks and workflows or as part of your onboarding as a new StrataJazz administrator.  

Unsure as to whether certification is right for you? Reach out to the Strata training team at strataacademy@stratadecision.com.  

Advanced Planning

 

Analytics

 

Decision Support 

 

Axiom Administrator Certification

Learn more about the Axiom Certification program and upcoming sessions. 

Axiom certification packages are designed to meet the needs of specific user roles. Each package includes a series of courses to meet the needs of that role. Axiom courses are applicable across industries and are focused on features available across the Axiom platform. These are listed within the Certification Directory below.  

In addition to offering role-based certification packages, Strata also offers stand-alone hands-on labs focused on the following topics: Advanced Spreadsheet Reporting, Axiom Intelligence – Web Reporting, and Axiom Intelligence – Visual Insights. These are listed within the Course Directory below and are purchased separately from the certification packages. 

CPE credits are available for attending Axiom courses. Credits are distributed at the course level – to learn more, review the information for individual courses.  

Looking for self-paced training courses? There are available for free to Strata customers within Strata Academy.  

How can I get the most out of Axiom Certification?

Axiom certification packages contain a series of courses. Strata recommends spacing out your attendance of these courses rather than attending all courses back to back.  

Axiom Certification Packages

 

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Axiom Primary User Certification

  • Total Days to Complete Certification: 10
  • See individual courses for available dates and training format
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Axiom Data Analyst Certification

  • Total Days to Complete Certification: 3 
  • See individual courses for available dates and training format
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Axiom IT Certification

  • Total Days to Complete Certification: 3 
  • See individual courses for available dates and training format
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Axiom Reporting Certification

  • Total Days to Complete Certification: 5 
  • See individual courses for available dates and training format
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Axiom Essentials Certification

  • Total Days to Complete Certification: 2 
  • See individual courses for available dates and training format
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Axiom Data Admin Certification

  • Total Days to Complete Certification: 4 
  • See individual courses for available dates and training format

Axiom Training Courses

 

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Axiom Essentials

2-Day Online Course, Group Internet Based

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Axiom Imports

1-Day Online Course, Group Internet Based

Confederation College Achieves Accuracy and Efficiency in Budgeting, Tuition Planning, and Program Costing with Axiom

Read this case study by the leading higher education analyst firm, The Tambellini Group, based on the firm’s interview with Confederation College. This content is typically reserved for Tambellini clients, but Strata has obtained exclusive rights to share it with you.

The Institution: Confederation College is a provincially funded applied arts and technology college in Thunder Bay, Ontario, Canada, that serves approximately, 7,153 full- and part-time students. 

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