Governance can be viewed as a set of ideas about how direction is provided to human activity or any form of collective action. In the corporate sense, governance can be differentiated from management in that it is concerned with how strategic decisions are taken - decisions related to achieving important goals, maintaining key relationships, and providing feedback - and who takes those decisions.

Discover how Tagetik 3.0 delivers Financial Governance processes

Back to Glossary’s Index

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).