Software overview
Tagetik 4 is innovative corporate performance management (CPM) software that unifies many Finance processes including budgeting, forecasting, financial consolidation, financial close, reporting, and disclosure in a single solution.
From strategic and operational planning to final disclosure reporting, Tagetik’s innovative open architecture has only one database, one set of data, and one calculation engine, providing a truly unified CPM software solution.
With this state-of-the-art corporate performance management technology, Tagetik 4 simplifies the complex processes of CPM, making it easier than ever for companies to manage and control the complexities of financial processes - without separate products for budgeting, forecasting, consolidation and reporting.
Tagetik 4 can address one or all of these processes in a single solution.
Our award-winning Tagetik 4 Performance Management software, allows finance and technology executives to spend more time
on analyzing, optimizing and expanding their business.
- Create value by unifying all key Performance Management, Collaborative Disclosure Management, Financial Governance,
Business Intelligence processes in a single CPM software solution - Shorten deployment times and simplify maintenance by using built-in, pre-packaged Tagetik 4 financial intelligence that
improve the budgeting, forecasting, consolidation, reporting and disclosure processes - Optimize communication and collaboration across large, international teams to improve budgeting and forecasting cycle
times and enable faster, more informed decision-making - Simplify business processes and reduce TCO (Total Cost of Ownership) by up to 50%
- Meet local, national, and international disclosure requirements including 10Q, 10K,Quarterly Earnings, XBRL, Basel III,
and Solvency II - Do all this while leveraging existing investments in ERP, Business Intelligence and other IT infrastructure.
As a result of our continuous focus on innovation, Tagetik 4 Performance Management software can now provide powerful mobile
access to any user, and is now available either on-premise or in the cloud. This gives you the freedom to track and manage your
CPM financial data from anywhere at any time. Cloud computing, subscription or traditional on-premises, its your choice.
Tagetik 4 supports multiple processes across your organization, providing:
Performance Management, Disclosure Management and Financial Governance Capabilities
- Performance Management (PM): Budgeting, Planning & Forecasting, Cash Flow Planning, Production Cost, Planning and Control, Statutory and Management Consolidation, Cost Allocation & Profitability Analysis, Financial Close & Fast Closing, Dashboard & Scorecarding
- Collaborative Disclosure Management (CDM): 10Q 10K, Multi-GAAP reporting (IAS, IFRS, US GAAP...), XBRL, Annual Reports, Management reporting & Board Books
- Enterprise Governance, Risk and Compliance (EGRC): SOX, COSO, Basel II, Risk Assessment, Scoring & Mitigation, Internal Audit
Advanced Reporting, Visualization and Business Intelligence
- Production reporting, ad-hoc analysis, OLAP modeling and dashboards
- Microsoft Office front end including Word, Excel and PowerPoint
- Easy access to structured and unstructured information from multiple sources
- Data sharing features that safeguard confidential information
- Strong linkage between financial and operational data
Collaboration
- Pervasive workflow management throughout the entire organization across multiple processes
- Custom workflows to support accountability and decision-making
- Better management of large, diverse, and international teams across large enterprises
- Definition of distributed tasks (e.g. managing budgeting activities) with task lists and status
- Sharing calendars and deadlines (e.g. for financial close and other monthly processes)
- Managing multiple versions and scenarios with full workflow and approval control
Does your company use Microsoft SharePoint?
Tagetik can take full advantage.
Whether your IT strategy is diverse or Microsoft-centric, Tagetik 4 seamlessly coexists in virtually any IT environment.
Enabled by Microsoft SharePoint, Tagetik 4 is a unified Corporate Performance Management (CPM) software that is tightly integrated with Microsoft’s Business Intelligence, communication and collaboration tools. That means you can easily and seamlessly leverage your existing technology investment in Microsoft SharePoint, SQL Server, Analysis Services, Reporting Services and PowerPivot - as well as the skills of your Microsoft-trained internal resources.
Tagetik 4 supports multiple processes across your organization, providing:
Performance Management, Disclosure Management and Financial Governance
- Performance Management (PM): Budgeting, Planning & Forecasting, Cash Flow Planning, Production Cost, Planning and Control, Statutory and Management Consolidation, Cost Allocation & Profitability Analysis, Financial Close & Fast Closing, Dashboard & Scorecarding
- Collaborative Disclosure Management (CDM): 10Q 10K, Multi-GAAP reporting (IAS, IFRS, US GAAP...), XBRL, Annual Reports, Management reporting & Board Books
- Financial Governance: SOX, COSO, Basel II, Risk Assessment, Scoring & Mitigation, Internal Audit
Advanced Reporting, Visualization and Business Intelligence
- Complete integration between Tagetik 4 and Microsoft SQL Server Analysis Services and
Reporting Services (OLAP modeling, data extraction, analysis and reporting) - Detailed data analysis with Microsoft Power Pivot
- Self-service reporting and analysis with PowerView (SQL Server 2012)
- Dynamic graphical tools (e.g. dashboards, KPIs) for financial and operational reporting
- Microsoft Office front end including Word, Excel and PowerPoint
- Easy access to structured and unstructured information from multiple heterogeneous systems
- Data sharing features that safeguard confidential information
- Strong ties between financial and operational data from a single interface
Collaboration
- Direct access to Tagetik 4 (workflow, data entry, reporting) from Microsoft SharePoint Server via pre-built Tagetik webparts
- Pervasive management of Tagetik and other processes throughout the entire organization
- Custom workflows to support accountability, analysis, decision-making, and action
- Better management of large, diverse, and international teams across large enterprises
- Definition of distributed tasks and shared calendars for managing budgeting activities, monthly close, and disclosure reporting
- Managing multiple versions and scenarios with full workflow and approval controls
Communication
- Integrated audio, video and web-conferencing
- Instant messaging
- Group chat
- User group information sharing (i.e. email, phone, …)
- Announcements and links
