The reporting system monitors the progress of a company and is a guide for the day to day activities outlined in the companies strategic planning; providing information through a measurement of results, both as a whole and in functional areas.
The effectiveness of a reporting system is directly related to the adequacy of information tools, methods of management and representation of data.

Features of a reporting system:

• Reliability: display the facts thoroughly and safely

• Measurability: provide tangible data, providing an objective representation of events

• Significance: contain relevant indicators for the analysis of causes and easy to understand

• Timeliness: provide the data quickly to allow correct actions as quickly

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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).