Enterprise planning is a process where metrics are needed to implement a corporate strategy, this is done by preparing business plans for a medium to long period, which usually varies from 3 to 5 years. Enterprise Planning is not only based on individual elements of a corporate structure but also as a whole. The essential purpose is to provide a company the opportunity to reach it’s potential, achieve results targeted.

Enterprise Planning is divided into:

• Budget Plan: summarising the costs, revenues and profit or loss for the year.

• Balance sheet Plan: summarising the composition of, liabilities and then determining the equity.

• Investment Plan: summarising investment and disinvestment of fixed assets.

• Financial plan: summarising the cash flows arising from these plans.

Discover how Tagetik 4.0 delivers the processes:

• Budgeting, Planning & Forecasting

• Cash Flow Planning

• Dashboard & Scorecarding

• "Planning and Budgeting in European Companies: Performance management concepts, solutions and perspectives" BARC Institute, Wurzburg, June 2008

• "Financial Planning: mastering the key value drivers" Mario Antonio Vinzia Head of Planning, Administration & Control for EniServizi Professor of Corporate Finance at SDA Bocconi, Milan (Italy)

• "The planning and control of project cash flows and invested capital" Prof. of Managerial Engineering at LIUC Luca Bovo Senior financial analyst – Snamprogetti Spa ed Eugenio Rocco With permission of the publisher this article is taken from Il Sole 24 Ore - Finance and Control, XXIX, vol. 8-9, Milan, originally in Italian and translated in English.

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Tagetik delivers a unified software solution that can support Performance Management and Enterprise Governance, Risk & Compliance, Business Intelligence, Collaborative Disclosure Management.

Tagetik 4.0 creates value by simplifying complex business processes for CFOs and CIOs: budgeting, cash flow planning, statutory and management consolidation, cost allocation & profitability analysis, financial close & fast closing, dashboard & scorecarding, collaborative disclosure management, business intelligence and compliance/industry requirements.

Tagetik 4.0 is the solution to translate strategy into operations, manage and control overall performance down to business transactions and improve decision-making across the whole organization while achieving faster ROI and lower total cost of ownership (TCO).

Tagetik operates in 18 countries leveraging a close partnership with Microsoft. Its market experts are totally committed to the success of 400 worldwide customers, including some of the largest Fortune 1000 companies and representing all industries, as well as to foster partnership with system integrators, technology leaders and local consulting specialists.