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Risk management
Risk management is the process for measuring or estimating risk and developing strategies to govern that risk.
Risk management is the process for measuring or estimating risk and developing strategies to govern that risk.
The objective of risk management is to reduce different risks with strategies typically encompassing the transfer of a risk to another party, avoiding the risk, reducing the negative effect of the risk and, in some cases, even accepting some or all of the consequences of a particular risk.
Tagetik is a global provider of the new generation of Corporate Performance Management (CPM) solutions. With over 10 years of experience, Tagetik has embedded the knowledge and best practices of its customers into Tagetik CPM.
Tagetik CPM is an innovative single CPM solution that unifies in a single product all core CPM processes (budgeting, planning & forecasting, profitability modeling & optimization, dashboard & scorecarding, financial consolidation, statutory & management reporting), extended CPM processes (Ex.: credit reporting & analysis, ICT performance management, governance risk compliance) and vertical CPM processes (Ex.: regulatory accounting, cash flow management by project and mandatory reporting).