Tagetik CPM delivers consistency across statutory and management reporting and unification of the closing process for each single entity with the group consolidation process. It improves visibility and transparency, shortens closing and reporting cycles and supports requirements of regulatory changes and compliance issues. Thanks to the unification of processes, Tagetik delivers a solution with a low Total Cost of Ownership (TCO).

To support the Financial, Statutory & Management Reporting process, Tagetik CPM enables enterprises to:

• Interfaces: create automatic interfaces to multiple ERP solutions (SAP, Oracle..) and the rules for processing and loading data down to an appropriate level of detail
• Accounting principles: support of simultaneous generation of multiple consolidations, such as  U.S.  accounting principles (GAAP) and International Financial Reporting Standards (IAS/IFRS)
• Rules: define groups of control between balance amount and the related details to display in the reporting
• Powerful  reporting: manage all financial reporting requirements such as logic for  credit/debit signage, creating cash flow statements, calculation of total and subtotal, visualization of periodic data (monthly, quarterly, …) and the possibility to generate reports with drill-down to detailed information of original data 
• Documenting: management of  the reporting book for the automatic generation of narrative documents in Power Point and Word format 
• Entries: management of closing models (automatic adjustments, manual adjustments, allocations…) 
• Segment reporting: reporting elaboration according to different aggregation criteria (Business Unit, geographic area,…) 
• XBRL: supports the production of financial statements in XBRL format
• Dashboarding: define web based dashboards to support the analysis
• Reconciliation: supports  reconciliation process between statutory and management data

FIND OUT MORE

• Why choose Tagetik CPM
• Tagetik CPM Demo
• Technology
• White Papers
• Case Studies