In an organization, management control is the operational system used to direct operations towards the achievement of the objectives set at the planning stage, using indicators to measure any gaps between planned targets and actual outcomes, reporting such divergences to the appropriate corporate bodies for corrective action.

Tagetik 4.0 delivers the processes:

• Budgeting, Planning & Forecasting
• Production Cost Planning & Control
• Management Reporting
  
• Dashboard & Scorecarding

For more info download the following White Paper:

• "From the Management Control to Corporate Performance Management: what is changing" Massimo Solbiati and Gianluca Meloni - Accounting, Control, Corporate and Real Estate Finance Department - SDA Bocconi

Back to Glossary’s Index

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.