Case Study: BCU achieves faster profitability measurement and reporting — reducing monthly report processing from 5 days to 5 hours with Strata Decision Technology (Axiom Financial Institutions Suite)

BCU Improves Profitability Measurement and Financial Reporting with Axiom

BCU, a $5 billion credit union, needed a better way to measure and report profitability: a comprehensive Funds Transfer Pricing (FTP) system, more efficient cost-allocation processes, and streamlined reporting to support decision-making. After an RFP, BCU selected the Axiom Financial Institutions Suite — including the Axiom Reporting and Analytics Platform and the Axiom FTP & Profitability tool — from Strata Decision Technology to deliver an end-to-end profitability and FTP solution.

Strata Decision Technology implemented Axiom to automate branch reporting, configure rules and calculations for FTP and profitability, and provide industry expertise. The solution cut monthly report processing from roughly five days to an afternoon (5 days to ~5 hours), enabled branch-specific PDF reports on desktop and mobile, brought FTP and cost-allocation processes in-house for greater transparency and control, and supports analysis across BCU’s $5 billion in assets.

BCU