Tagetik goes head to head with Oracle and Clarity (now IBM) in the ‘Last Mile’ of Finance
A research written by Gary Simon, Group Publisher of FSN and Managing Editor of FSN Newswire - November, 2010
Abstract
Competition in the so called ‘Last Mile’ of finance is hotting up as suppliers such as Oracle and Tagetik increasingly turn their attention to secure document production in the final throes of the reporting supply chain. Last week’s announcement that IBM has acquired Clarity Systems, principally for its Financial Statement Reporting application Clarity FSR, serves to illustrate the importance that organisations (especially publically quoted entities) are beginning
to place on the ability to seamlessly produce internal board packs, statutory filings and
the annual report and accounts. Gary Simon, FSN’s managing editor takes a look at this
rapidly evolving area of group financial reporting.
