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Tagetik Announces Tagetik 3.0 Release
LUCCA, Italy, May 27 /PRNewswire/ --
- Unified Solution for Performance Management and Financial Governance
Minimizes Business Complexity
Tagetik, a global provider of CPM and Financial Governance solutions,
today announced the release of Tagetik 3.0 at its 2009 User Conference. This
new product enables companies to simplify the complexity of day-to-day
business operations.
"Tagetik 3.0 is more than a new product - it's a reflection of our vision
and mission," explains Manuel Vellutini, Chief Operating Officer at Tagetik.
"Simplexity is an emerging theory which suggests that complexity and
simplicity are actually complementary. We taglined this release 'Business
Simplexity' because our product truly provides a way to help organizations
condense all Performance Management and Financial Governance products into a
one solution with a single user interface and database. Thanks to the
built-in functionalities and cross-platform technology, companies can reduce
their stand-alone systems and leverage their existing infrastructure. As a
result, they can reduce their total cost of ownership (TCO) by up to 50%,
and, as announced today, they have a return on investment of 298%."
Tagetik 3.0 was designed to help CFOs and CIOs simplify complex business
processes. Using this complete, closed-loop solution, they can manage and
control performance, support compliance initiatives, harmonize different
views of critical financial data, and maximize visibility down to individual
business transactions. This single software solution unifies all key
Performance Management and Financial Governance processes including:
- Budgeting, Planning and Consolidation
- Financial Governance
- Strategy Management
- Profitability Modeling
- Working Capital Analysis
"Using Tagetik 3.0, companies can truly translate their strategies into
actions, see how different scenarios could affect the outcome and take
corrective actions at an early stage," adds Vellutini. "In addition, they can
use this same information to generate accurate financial forecasts that are
fully transparent and compliant as well."
Keeping with the concept of simplexity, Tagetik also announced the
relaunch of its corporate Web site. In a new multimedia area called 'The
Tagetik Channel', users can surf through four new content areas to watch
Tagetik events, case studies, product demos and other information at any time
and any place.
For more information visit our website: http://www.tagetik.com
