Once established the price and quantity of sales of each product, the costs of the sales department are established, namely, costs to be incurred within the marketing of products.

The budget of trade shows, costs related to marketing initiatives and delivery of the product to potential buyers.

Discover How Tagetik 3.0 delivers the Budgeting, Planning & Forecasting process

For further reading download the following white paper:

• "Planning and Budgeting in European Companies: Performance management concepts, solutions and perspectives"

  BARC Institute, Wurzburg, June 2008

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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).