Budgeting & Forecasting, Management Reporting, BI Dashboards, Scorecards and ad-hoc Analytics Reporting on Cloud
"Tagetik has helped us develop a rhythm in our business cycle. It has supported our need to gain more insight and information from our data, and we’re using it to make decisions that positively impact our strategic goals."
Ishfaq Is-haq - Head of Performance Management
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The multimedia industry is undergoing unprecedented change. Johnston Press is adapting its business strategy and operating model to take full advantage of
the ever-evolving landscape in which it operates. The company’s challenge: developing and implementing best practice tools and methods to better execute
its strategy. This includes simplifying and standardizing operations by using processes and state-of-the-art technology to improve insights into performance.
Among the company’s objectives: Johnston Press needed to connect the strategy setting and strategy execution processes identified through the “rhythm of
the business,” a new way of working aimed at giving time and structure to: better execute the business strategies; clarify the purpose and “rhythm” of each key
forum; and ensure that performance against objectives are monitored and corrective action is executed in an efficient and agile manner. This has allowed management to focus on the activities that have the biggest impact on performance.
Tagetik’s Performance Management software was at the core of Johnston Press’s initiative, first serving as the basis for board-level discussions, then building the high-level plan and allowing for what-if analysis. Choosing to deploy on the cloud greatly reduced the IT resources and infrastructure needed to deploy and maintain the application. Tagetik’s solution also utilizes Microsoft’s SQL Enterprise Edition and BI services (SQL Premium) to surface underlying data from multiple sources and gain a “single version of the truth.”
The software sits atop the company’s customer and financial database, consolidating all financial and non-financial data in one source. This enables Johnston Press to better execute against strategic objectives and financial targets.
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