21 November 2012

Bucharest (Romania) and Lucca (Italy)

Tagetik and KPMG Sign an Exclusive Partnership Agreement in Eastern Europe

Global partnership expands to provide leading-edge Performance Management solutions in Romania and Moldova

Tagetik, a global provider of enterprise software solutions for Performance Management, Disclosure Management, Financial Governance and Business Intelligence, and KPMG, a leading advisory firm in Romania and Moldova (www.kpmg.com/ro), today announced an exclusive partnership agreement to provide Performance Management services in Romania and Moldova.

“This agreement confirms our strong commitment to innovation and investments in leading-edge solutions for our clients.  The combination of Tagetik and KPMG’s functional know-how, finance expertise, business and industry focus will enable us to better support our clients in the strategic steering of their business operations,” explains Serban Toader, Senior Partner KPMG in Romania.

“Tagetik places strong emphasis on collaborative relationships with professional services firms, which allow us to better understand market dynamics and respond with more valuable product offerings,” adds Bani Brandolini – President International at Tagetik.  “We are very pleased to extend KPMG and Tagetik’s global partnership to Romania and Moldova, where the combination of our product knowledge and KPMG’s extensive industry expertise will allow us to provide competitive, high value solutions to clients.”

The agreement will allow companies in Romania and Moldova easily access to Tagetik solutions as well as to benefit from KPMG’s consulting experience and knowledge of the local market. The Tagetik 4 Performance Management software is an automated, unified solution, which incorporates budgeting, planning and forecasting, consolidation, financial close, profitability analysis and disclosure reporting into a single application to give CFOs better operational insights into their business — while still meeting complex financial and regulatory demands.

“We are very excited to offer our clients end-to-end solutions.  Until now we have supported them in designing metrics, improving processes and developing methodologies needed to monitor and manage the business performance of any enterprise.  We now have the software to address all of these needs. Our aim is to simplify the work of the CFO and strengthen the role of Finance within any organization,” concludes Aurelia Costache, Partner, Management Consulting, KPMG in Romania.

About KPMG in Romania

KPMG is a global network of professional firms providing Audit, Tax and Advisory services.  We operate in 152 countries and have 145,000 people working in member firms around the world.  The independent member firms of the KPMG network are affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity.  Each KPMG firm is a legally distinct and separate entity and describes itself as such.


KPMG in Romania operates from five offices; located in Bucharest, Cluj-Napoca, Constanta, Iasi and Timisoara. We currently employ more than 600 partners and staff, both Romanians and expatriates.

To learn more: www.kpmg.com/ro

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Media Contacts:

Luca Pieretti Tagetik Corporate Public Relations lucapieretti@tagetik.com +39 0583 96811

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