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Financial Governance

The Financial Governance applications support companies in determining improvements and opportunities for the efficiency of processes and financial controls, tracking data, managing the process of closing the financial data, in the Compliance and financial and regulatory reporting.

The Financial Governance applications support companies in determining improvements and opportunities for the efficiency of processes and financial controls, tracking data, managing the process of closing the financial data, in the Compliance and financial and regulatory reporting. In this way, improving the quality and timing of the financial processes and audit, extend controls inherent in ERP systems and improve Financial Risk.

The main processes of Financial Governance are:

  • Financial Consolidation
  • Reconciliation Intercompany transactions
  • Managing Reconciliations
  • Financial Control & Compliance
  • Financial Close "the last mile of Finance"
  • Access and Separation of control functions
  • Financial Analytics


Discover how Tagetik 3.0 unifies Financial Governance processes in a single software solution

 

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Tagetik is a global software vendor of the first unified Performance Management & Financial Governance solution to help CFOs and CIOs simplify complex business processes.

A complete financial closed-loop software, Tagetik 3.0 unifies key processes and applications – such as budgeting, planning & forecasting, financial consolidation, financial governance, strategy management, profitability modeling, working capital analysis – to manage and control overall performance, support compliance initiatives, harmonize different views of critical financial data, enable maximum visibility down to business transactions. In this way, the CFO can support the CEO in monitoring the implementation of strategies, ensure their sustainability and control corporate performance.

Since the software leverages “built-in” processes and cross-platform technology – fully web-based and integrated with any ERP, our customers can profit by up to 50% reduction of the total cost of ownership (TCO).