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TCO & ROI
Tagetik customers have reduced their total cost of ownership for Performance Management and Financial Governance applications by up to 50%.
What is TCO?
Total Cost of Ownership (TCO) is an approach developed by Gartner to calculate all costs over the entire life-cycle of an IT investment.
TCO is based on the consideration that the total cost of using a software solution does not consist of just the cost of purchasing the product, but also all costs that arise over its entire useful life, such as implementation, training, management and maintenance costs.
Unification
- Lower license costs
- Reduce support costs
- Cut operating costs across
all processes (1 product = 1 competence center)
Built-in processes
- Slash deployment costs
- Reduce application management costs
- Minimize training costs
Multiplatform
- Reduce technology
management costs
‘Simplexity’
- Minimize the time and number of dedicated resources needed to manage complex processes
Tagetik customers have reduced
their total cost of ownership for Performance Management and
Financial Governance applications by up to 50%.
Return on Investments (ROI)
An independent study conducted by Forrester Consulting shows that an investment in Tagetik software can quickly pay for itself. The study calculated that a Tagetik customer achieved a risk-adjusted ROI of 299% over five years with a payback period of 24 months. Read the press release…
Read the study "Total Economic Impact of Tagetik 3.0" by Forrester Consulting
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Learn more!
- Watch the Tagetik 3.0 demo
- Hear what customers have to say about Tagetik
- Learn more in informative white papers
- Read customer case studies