Case Study: Credit Union of Texas achieves streamlined, automated budgeting and 12-month consolidation with Strata Decision Technology’s Axiom

Credit Union of Texas Streamlines and Simplifies Budgeting Activities with Axiom Software

Credit Union of Texas, a member-owned credit union with more than 142,000 members and over $1.4 billion in assets, faced inefficient budgeting and a legacy enterprise performance management system that required manual balancing and consolidation. After evaluating vendors, Credit Union of Texas selected Strata Decision Technology and went live with Axiom Planning to address those shortcomings.

Strata Decision Technology implemented Axiom Planning to automate balance-sheet checks and consolidate budgets 12 months in advance, eliminating the need for monthly manual consolidation and answering key questions like cash and liability positions at the press of a button. The solution reduced the learning curve for more than 50 end users (no retraining required), shifted budgeting ownership from IT to finance, and delivered faster, scalable budgeting and consolidation processes with measurable time savings and improved transparency.

Credit Union of Texas

Karen Miracle

Chief Financial Officer