Budgeting, Planning and Forecasting

Tagetik 4.0 unifies the planning process at the level of corporate, sole proprietorship or business sections in a single software solution. As a result, their companies 'governance', thanks to a complete "audit trail" to improve the reduction of manual effort and a close link between corporate strategy and operational planning.

Tagetik 4.0 allows creation of very deep and detailed planning models that allow not only greater transparency in terms of profitability, earnings and cash flow, also in terms of operational indicators and company data. This company can, for example, the details of the sales / sales planning as well as staff, or the production costs for manufacturing facilities and products to plan and monitor in detail.
 

In many cases, the operational activities of a company are not aligned with the corporate strategy, this lack of focus makes it difficult to monitor and control business performance.

The comprehensive solution Tagetik 4.0 helps companies to improve communication and collaboration during the planning budgeting and forecasting process and helps to improve: 

• The top management at the multi-annual strategic planning, setting targets for the operating units
• the operative management (sales, marketing, personnel, production, ...) in the preparation of various planning scenarios and their effect on costs and revenues.
• the CFO and controlling at the consolidation of planning, reducing planning cycle times, the recognition of impact of strategic decisions on the financial situation and to take control and transparency in corporate management processes
• the IT manager to implement a cost-effective solution that integrates seamlessly into the existing IT landscape and reduce maintenance costs.
• Accounting in the recognition of corresponding financial impact of business decisions and creating simulations to determine the financial requirements and financing costs.