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 3.0 delivers the processes:

• Process Control (Risk Control Matrix)
  
• Budgeting, Planning & Forecasting
  
• Dashboarding & Scorecarding
• Strategy Management
  

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

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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).