CFOs Pains
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CFOs Benefits
Unification of all CPM processes
Tagetik CPM is the first completely financial closed-loop, double entry CPM solution that unifies in a single product all CPM and Financial Governance processes.
CPM Processes:
Core CPM processes: budgeting, planning & forecasting, profitability modeling & optimization, dashboard & scorecard applications, financial consolidation, financial, statutory & management reporting
Extended CPM processes: credit reporting & analysis, ICT performance management
Vertical CPM processes: regulatory accounting for telco industry, regulatory accounting for energy industry, cash flow management by project for construction & engineering industry and regulatory reporting for financial institutions industry
Financial Governance Processes: Financial consolidation, Intercompany transactions, Reconciliation, Financial controls and compliance, Financial Close, Access and segregation of duties controls, Financial analytics
One database
Processes are not merely integrated, they are unified in a scalable Corporate Performance Management solution.
Built-in “accounting based” processes
Tagetik CPM contains native functionalities that guide the user in managing CPM and Financial Governance processes and are easily adapted to customer needs:
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No technical skill required: the built-in processes require no special programming, so the user can operate independently of the IT manager
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Easily adaptable: Tagetik CPM’s built-in processes can be adapted for any corporate situation. Our customers operate in a range of industries: banking, utilities, manufacturing, retail, services, etc. All use the same software configured to meet their specific needs.
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Fast implementation: Tagetik CPM ensures rapid implementation and easy maintenance, reducing development and maintenance costs.
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Economic benefits: low license and maintenance fees, fast configuration thanks to built-in functionalities, reduced training times and costs. Tagetik CPM lowers Total Cost of Ownership (TCO).
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Simple maintenance: users can run the software independently, with obvious advantages in terms of time and cost.
Compliance
Tagetik CPM can ensure continuous compliance with new legislation (including 10Q 10K, 262, Sarbanes-Oxley, IAS/IFRS and Basel II) and is a compliant tool to assist CFOs in performing their key control and auditing functions. More...
Data traceability
Tagetik CPM ensures comprehensive auditability through data and process traceability, a double-entry accounting system and drill-down to the lowest level. More...
Multiplatform, Open & Web-Based Technology
Tagetik CPM maximizes use of existing infrastructure by leveraging multi-platform environments and unifying technology environments. Tagetik CPM’s open architecture allows you to leverage existing investments since it runs on all leading relational databases to order data and provides a seamless interface with the most popular ERP systems. The web-based solution and its familiar graphical user interface enables all users to play an active part in every phase of the processes. More...