The international accounting standard IAS 14 (segment reporting) requires the submission of information broken down to market segments (industry segment) and geographical segments (geographical segment).

The information provided consists of revenues (infra-sectors and third parties), resulting in, activities and the basis taken to quantify the pricing of infra-sectors transfers, both in different market segments and in various geographic areas. Furthermore, we must explain the business categories that characterize each sector, and the distinctive Structure of the different territories. Finally, it is required to reconcile the data of each sector.

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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).