5 August 2015

STAMFORD, Conn. and LUCCA, Italy.

Tagetik Recognized by Gartner in Critical Capabilities for Corporate Performance Management Suites


Listed in the top 5 in all 4 use cases, public/private (less than $250 Million), public/private ($250 Million to $1 Billion), public/private (more than $1 Billion) and individual business unit

Tagetik, a visionary leader in global performance management software solutions, today announced that the company has been recognized in Gartner’s recently published research, “Critical Capabilities for Corporate Performance Management Suites.” (Gartner, Critical Capabilities for Corporate Performance Management Suites - Christopher Iervolino, John E. Van Decker. 29 July 2015).

Of the 17 vendors assessed in the study, Tagetik is the only one to score within the top 4 across the three revenue-based use cases included in the study: Public/Private (less than $250M), Public/Private ($250M to $1B), and Public/Private (more than $1B).

“This research, along with Gartner’s “Magic Quadrant for Corporate Performance Management (CPM) Suites (Gartner, Magic Quadrant for Corporate Performance Management (CPM) Suites by Christopher Iervolino, John E. Van Decker. 02 April 2015.), is a resource for companies evaluating solutions that support both Office of Finance and strategic CPM initiatives,” stated Dave Kasabian, chief marketing officer, Tagetik. “We believe Tagetik's strengths benefit companies of all sizes. We provide a unique combination of ease-of-use, built-in workflow and financial intelligence across the full breadth of financial processes. This is a powerful combination for anyone seeking to improve performance, reduce risk, enable greater efficiency and secure better results.””

The Gartner report assessed corporate performance management providers in the following weighted critical capabilities: consolidation and close, complex consolidation and close, financial budget planning and forecasting, complex financial budget planning and forecasting, corporate modeling and planning, disclosure management, ease of maintenance/upgrade, ease of use, and ease of implementation. The report then applied weighted scores to each use case. To see the complete report, including details on all 17 vendors, click here.

“We’re continually improving our CPM solutions, based on input from our customers to address their needs,” said Manuel Vellutini, co-CEO, Tagetik. “Our laser focus on the needs of CFOs and the Office of Finance ensures we’re developing one of the best cloud CPM solutions on the market that is also proven to meet the demands of large or complex organizations. These results, coupled with our consistently high customer satisfaction ratings, proves our efforts are paying dividends for our customers.”

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

Download the press release

Media Contacts:

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

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