Financial Governance
How do you factor risk into your corporate performance management process?
Corporate governance. Risk management. Regulatory compliance. They’ve never been
more crucial to business success than they are today. Yet organizations still struggle
with controlling these critical functionsin their Corporate Performance Management
processes.
Tagetik 4 Financial Governance capabilities can help. A unified approach to Corporate
Performance Management (CPM) and Financial Governance delivers a collaborative
and controlled environment that lets you gather, organize, document and automate your
control processes and risk management.
Tagetik 4 Financial Governance helps you simplify and manage all activities related
to financial governance, risk and compliance, so you can:
- Monitor and control internal auditing and risk management processes
- Gain full traceability of data and transactions from start to finish, including who
did what, when, where and why - Comply with regulations and produce multiple regulatory reports from a single
source of validated data - Manage operational risks that impact financial performance
- Set controls, thresholds, validation, and sign-offs
- Run simulations and calculate the impact of possible actions on forecasts
Tagetik 4 Financial Governance software is built to work the way your business works,
so you benefit from a tool that’s configurable to your methodology or organizational
model without complex coding or scripting. As a result, you can quickly adapt the
application to changing requirements for Financial Governance processes without IT
intervention.
And, because Tagetik 4 is a single, unified product, you can incorporate governance,
risk and compliance into multiple financial processes efficiently and consistently, while
dramatically reducing total cost of ownership (TCO) across all of these processes.
Tagetik 4 Financial Governance covers compliance requirements for:
- Sarbanes-Oxley (SOX) compliance
- COSO compliance
- Risk Assessment, Scoring and Mitigation
- Basel III
- Solvency II
- XBRL/iXBRL
- IFRS
- Law 262/2005 and 231/2011 compliance (Italy only)
With Tagetik 4 you address any one or many of these challenges in a single unified
solution for Corporate Performance Management and Financial Governance.
