3 October 2013
New York, NY (USA) and Lucca (Italy)
LS Travel Retail North America Implements Tagetik’s Performance Management Software
LS Travel Retail implements integrated solution for Budgeting, Planning and Forecasting
Tagetik, a global provider of enterprise software solutions for Performance Management, Disclosure Management, Financial Governance and Business Intelligence, today announced that LS travel retail North America, a leading retailer in North America, implemented Tagetik’s Performance Management software as its solution for budgeting, planning, and forecasting.
“The recent implementation of Tagetik has allowed LS to take our budgeting and planning to the next level—supporting the many complexities of having over 250 stores and 60 cost centres,” says Ivana Krpan, Vice President, Finance at LS travel retail North America. “We already see many efficiencies and expect more as we continue to use this robust tool.”
“With the full-suite of Tagetik 4, LS can now automate all of their budgeting processes while allowing many users in their company to participate with full visibility into the budgeting and planning process. The detailed hierarchies they are able to create this year will help them to dissect data by region, better understand their results, and of course have improved forecasting,” explains Dave Kasabian – Corporate Vice President of Product Marketing at Tagetik.
“Our implementation process at Tagetik is designed to quickly meet and exceed a customers most complex business requirements, so it is always rewarding when a customer sees the immediate benefits of our approach,” concludes Manuel Vellutini, Chief Operating Officer at Tagetik. “With Tagetik 4, we are confident that LS will maximize their return on investment and continue to achieve the highest level of financial excellence.”
LS travel retail North America is transforming the travel experience. With over 250 stores, our programs are engaging passengers in new and exciting ways. From news and gift, to specialty retail and food, our brands and concepts focus on delivering trendsetting products and services that are relevant to today's traveler. Our business solutions help landlords reinforce their brand promise and optimize the full potential of their facilities.
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