Tagetik CPM supports a collaborative, controlled and auditable environment to gather, organize, document and determine financial management processes with reduced costs and improved efficiences.

Tagetik CPM main features:

• Automate compliance process initiatives such as SOX and local laws such as Legge 262/05 (Italy)
• Identify risks related to control procedures
• Generate reports of controls
• Manage the audit trail
• Generate proper document management required for accounting policy adherence
• Built-in workflow accountability
• Extensible Business Reporting Language (XBRL) capabilities
• Controlled environment for journal entries and for intercompany transactions

Tagetik CPM supports companies in meeting new regulatory requirements including:

• Law 262/05 (Italy)
• SOX - Basel II