28 February 2013

Oklahoma City, OK (USA) and Lucca (Italy)

Maxcess Chooses Tagetik's Performance Management Software


Global manufacturing company to implement unified solution for budgeting, planning, forecasting, consolidations, and disclosure management

Tagetik, a global provider of enterprise software solutions for Performance Management, Disclosure Management, Financial Governance and Business Intelligence, today announced that Maxcess International Corp, a world-class manufacturing facility that provides access to tension control, guiding, inspection, and winding and slitting products, selected Tagetik software as its solution for budgeting, planning, forecasting, consolidations, and collaborative disclosure management (CDM).

We are very excited to be working with Tagetik, especially since we are confident that their software will help our Finance team achieve many new things in 2013,” says Jay Hudson, Corporate Controller at Maxcess. “Up until now we were consolidating 14 entities with 9 currencies by hand in Excel, so we are ready for Tagetik to bring our reporting into the current century.

The Tagetik platform will replace Maxcess’s existing Excel-based solution with a unified Performance Management software to better manage their financial processes on an international level, such as monthly and quarterly budgets, forecasts, closings and annual plans, consolidated Balance Sheets, Profit&Loss, and Cash Flow statements, GAAP consolidation, and disclosure management for internal and external financial reporting.

With the guidance of the consulting firm, West Monroe Partners, Maxcess selected Tagetik based on their attention to detail during the demonstration phase, as well as their strong North American references which convinced their Corporate Controller that their unified Tagetik 4 solution had a quick implementation time and could be maintained with very little support. Another advantage was Tagetik’s partnership with Microsoft and their easy integration with Microsoft SQL Server database.

“When we met with Maxcess their main goal was to relieve the financial pressure and to disseminate operating information to the private equity owners. They were considering other solutions, but chose to go with the full-suite of Tagetik 4 so they could meet their requirements in one end-to-end unified solution with a fast and accurate implementation,” explainsMark Corsetti, Vice President & General Manager at Tagetik North America.“We are extremely pleased to add Maxcess to the Tagetik community, and I know I speak for the whole company when I say that we are fully committed to seeing their success,” concludes Manuel Vellutini – EVP, Chief Operating Officer at Tagetik. “Tagetik takes great pride in implementing projects on its own platform. Our consultants and partner network manage all project phases together with the customer. With Tagetik 4, we are confident Maxcess will streamline all of their business processes in the office of Finance and be able to take full advantage of the savings our unified software solution has to offer.”

About Maxcess

Maxcess helps the web handling industry maximize productivity with convenient access toinnovative products and services worldwide. By bringing together the leading brands ofMAGPOWR, Fife and Tidland, Maxcess has built an unrivaled network of application expertswith over 170 years combined experience to help customers improve efficiency and productionquality anywhere in the world. To learn more: www.maxcessintl.com

Download the press release

Media Contacts:

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

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