Tagetik Cloud for Fashion

Quickly spot changing trends and take decisive action



The fashion industry is defined by continual change, but one thing remains constant: the pressure to contain costs, maintain profitability margins and grow year over year. That is why so many fashion companies choose Tagetik Cloud.


In a single corporate performance management solution, you have a unified financial performance platform that modernizes financial and operational business planning, accelerates the close-to-disclosure process and simplifies managing and monitoring performance for financial and non-financial users. The result: spot trends faster, generate insights from information and make better, more informed decisions that drive business strategy.

Tagetik Cloud for Power & Utilities
Benefits

Benefits


Reduce planning costs

Reduce planning costs and enhance business agility by accelerating management processes

Maximize market value

Maximize market value, streamline business processes, and reduce operating costs by managing capital investments

Streamline budgeting

Streamline budgeting at strategic, corporate and store levels in a single application

Track performance

Track performance of stores, suppliers and customers in a single solution

Optimize planning and collaboration

Optimize planning and collaboration — strategic, financial and operational — across product lines and categories

Improve HR management

Improve HR management — hours, FTE, overtime, long-term replacements — and calculate labor costs

Tagetik unified corporate performance management software solution for the FASHION industry

Strategic Planning & Forecasting
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Strategic Planning & Forecasting

Simplify the strategic planning and annual budgeting process with a single source of financials using Tagetik's unified budgeting, planning, forecasting and modeling solution. Align business plans with operational budgets, eliminate manual data entry and effortlessly generate periodic and rolling forecasts.

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Capital Planning
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Capital Planning

Align finance with operations and standardize the capital plan and budget. Set up capital allocations using various weights and rules to monitor capital consumption and analyze multiple dimensions (cost centers, suppliers, channels, brands, etc.) and business drivers (changes in demand, currency, pricing).

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Production & Capacity Planning
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Production & Capacity Planning

Understand resource requirements and capacity constraints that impact production, supply and meeting demand. Optimize the product and production mix by modeling business drivers that impact sales, inventory and purchasing to see the impact on margin, profitability and financial performance.

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Cash Flow Planning & Forecasting
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Cash Flow Planning & Forecasting

Tagetik provides double entry logic and automates the cash in/cash out impact of budget line items. When plans, capital, exchange or interest rates change, Tagetik instantly updates cash flow plans and forecasts so decision-makers can quickly assess the net business impact.

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Cost Allocation & Profitability Analysis
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Cost Allocation & Profitability Analysis

Allocate direct and indirect costs to any level of detail, including SKU or brand, to more accurately analyze profitability by product, segment, vendor and more. Using Tagetik’s allocation engine for expenses and activities, planners gain insights into lines that impact profitability and margin.

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Seamless Close-to-Disclosure
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Seamless Close-to-Disclosure

Cut days off the monthly close cycle and accelerate management and external reporting with a single solution. Confidently manage and control journals, adjustments, intercompany eliminations and reconciliation, then seamlessly produce disclosure reports that provide drill-down to the underlying data.

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Reporting & Analytics
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Reporting & Analytics

With easy to use, packaged templates, all contributors - including non-financial and non-technical users - can report on key metrics and performance with Tagetik’s reporting toolset. Create custom reports, interactive dashboards, visualizations and ad hoc analytics - without depending on IT.

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Unified Corporate Performance Management
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Unified Corporate Performance Management

Automate and modernize key financial management processes using a single, enterprise software solution. Tagetik is the only solution that is purpose-built for finance, optimized for non-financial users and available on the Cloud, on-premise and your mobile device.

Tagetik Software is trusted by leading companies in the FASHION industry


Calzedonia

Cash Flow Planning, Reporting

Brunello Cucinelli

Management Consolidation, Closing, Cash Flow Planning, Statutory Consolidation, Reporting

Timex Group

Worldwide Consolidation & Reporting

Peuterey

Consolidation, Budgeting & Cash Flow

Patrizia Pepe

Budgeting, Cash Flow, Consolidation

Black Diamond

Consolidation, Budgeting & Planning

On Demand Webinar

Moving the Clock Forward: How Timex Advanced the Financial Consolidation and Reporting Process to Match its Continually Changing Needs

In this webinar Shelly Krpata, Timex’s Senior Manager of Financial Reporting and Consolidation, and Maria Longo, Solutions Specialist at Tagetik, take you through the journey Timex took, the challenges they faced, and how they benefited by switching to a scalable solution that transformed their close and reporting process.

Testimonials

Customer Quotes

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