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Low TCO
Why does Tagetik CPM ensure lower TCO? A single software to manage all Corporate Performance Management processes: budgeting and forecasting, financial planning, statutory consolidation, management reporting, profitability analysis and ABC modelling
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.
Tagetik’s lower Total Cost of Ownership solution delivers:
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Unified CPM and Financial Governance processes
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Faster process cycles with built in and flexible processes for a complete workflow at all levels
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In depth functionalities for each process
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Data consistency and reliability
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Improved visibility and transparency
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Double-entry accounting architecture
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Faster user independence with familiar technology
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Easier implementation and user independence as no programming is needed