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Total Cost of Ownership (TCO)
Total Cost of Ownership (TCO) is an approach to calculate all of the costs incurred over the life cycle of IT equipment, including purchase, installation, maintenance and retirement.
Total Cost of Ownership (TCO) is an approach developed by Gartner in 1987 to calculate all of the costs incurred over the life cycle of IT equipment, including purchase, installation, maintenance and retirement.
Tagetik 4.0 ensures low TCO: By unifying all Performance Management and Financial Governance
processes in a single technology platform, Tagetik customers can reduce
the cost of ownership for these applications by up to 50%.
» Read the document "Total Economic Impact Of Tagetik 3.0"
written by Forrester Consulting
Tagetik delivers a unified software solution that can support Performance Management and Enterprise Governance, Risk & Compliance, Business Intelligence, Collaborative Disclosure Management.
Tagetik 4.0 creates value by simplifying complex business processes for CFOs and CIOs: budgeting, cash flow planning, statutory and management consolidation, cost allocation & profitability analysis, financial close & fast closing, dashboard & scorecarding, collaborative disclosure management, business intelligence and compliance/industry requirements.
Tagetik 4.0 is the solution to translate strategy into operations, manage and control overall performance down to business transactions and improve decision-making across the whole organization while achieving faster ROI and lower total cost of ownership (TCO).
Tagetik operates in 18 countries leveraging a close partnership with Microsoft. Its market experts are totally committed to the success of 400 worldwide customers, including some of the largest Fortune 1000 companies and representing all industries, as well as to foster partnership with system integrators, technology leaders and local consulting specialists.