Performance Management
Planning, Financial Reporting and Consolidation
Tagetik is our solution for corporate performance management and has quickly established itself in recent years as a platform solution for mid-sized companies as well as in the DAX segment.
In (corporate) performance management processes are combined, which are used as a support system for management and external and internal reporting. For this process include:
- Corporate Planning
- Consolidation (IFRS)
- Managementreporting/-consolidation
- Strategic planning (for example, scorecard approaches)
- Financial Governance
- Risk Management
Tagetik 4.0 is used by many companies initially for individual processes such as Consolidation used and expanded step by step to a comprehensive solution for performance management. The objective in bringing together the processes are for example:
- Convergence of internal and external reporting
- Convergence of structures
- Expansion of the reporting system for example Governance & Compliance
- Easier administration in finance and controlling departments
- Cost savings and process efficiency in the IT support
Tagetik 4.0 integrates into a variety of IT environments and is characterized by a particularly tight integration with Microsoft SQL Server and Microsoft SharePoint Server platform. It fits particularly well in SAP ERP processes.
An impressive reference base in large and medium-sized enterprises, including many from the banking sector highly sensitive to the strengths of Tagetik. Mehr Details...
Financial Governance
In light of accounting scandals and the call for increasing regulation of the pressure on IT systems, financial and control processes has increased enormously. Applications for the financially-oriented management have been developed to help businesses.
The aim is to:
- to improve the efficiency of financial processes and their control
- traceability of data to ensure better
- to optimize the completion process for internal and external reporting and to publish meaningful financial statements
- Compliance to make highly efficient and transparent
- to optimize internal and external reporting
- to identify all compliance-related information in relation to processes, companies, and control risks.