Balance Sheet Planning

Imagine being able to click a button and instantly update the Balance Sheet with the latest financial results, operating metrics and business drivers. In so doing, this one-click also refreshes rolling forecasts, strategic plans, financial statements and notifies all stakeholders through automated alerts.

It's a great day for Financial Planners because Tagetik automates this ideal state of Balance Sheet Planning.

balance sheet planning key capabilities include

 Real-time Performance Insights

Get the right information, at the right time, in the right format - delivered the right way. Tagetik provides real-time updates, alerts and notifications - via email, the application or your mobile device, so you can instantly assess, analyze and take action. From scorecards, to dashboards to web reporting and ad hoc analytics - Tagetik powers real-time agile planning. 

The devil's in the details and that's why Tagetik provides Planners with easy access to granular-level details and calculations. Quickly drill-down to underlying data to understand the business logic, assess business drivers and make more informed decisions.

Detail-level Analysis

 Automated Checks &  Balances

Control and validate data by performing consistency checks of all numbers and validating approvals prior to submission. With automated checks and balances, Tagetik enforces financial rules to balance assets,  gauge liabilities and round data to eliminate discrepancies caused by report scaling.

Assess changing market, operational and economic conditions by modeling scenarios and testing business drivers to understand outcomes and the business impact. Compare results visually side-by-side, assess the highlighted variances, and evaluate the effect on the P&L, balance sheet and cash flow.

 Business & Operational Modeling

 Costing & Allocations

With Tagetik's powerful allocation engine, it's easy to allocate direct, indirect and activity-based costs down to the most granular level. Assess profitability based on detailed analysis of true costs across the organization, including all departments and all pricing positions, from distribution waterfalls to complete multi-step allocations across multiple dimensions.

Assess changing market and internal operating conditions, model variances and business drivers, then update and reforecast plans, financial statements and budget. Tagetik stores real-time actual and historical information, plus planning and budgeting data, so you can quickly forecast across fiscal years and develop periodic and rolling forecasts easily. 

 Rolling Forecasts

 Self-service analytics

Every user, regardless of technical experience, can easily generate reports and analyze performance using Tagetik's self-service analytics. No IT required! Drag and drop any report within Tagetik to become a dashboard and include powerful visualizations. Tagetik makes it easy for every non-financial and non-technical user to be an informed decision-maker. 

Tagetik's balance sheet planning Software is trusted by leading companies across all industries


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On Demand Webinar


Joel Macholan, VP of Financial Planning and Analysis at Wintrust, will discuss the steps taken to implement and optimize an all-encompassing solution - from the projection of the current portfolio for an accurate Balance Sheet planning to the automated consolidation of the budget and forecast – that fully supports the office of the CFO.

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