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Financial Management Solutions for Media & Entertainment



Stay ahead of the digital curve

New technologies. New content formats. New devices. And with them, new media consumption and revenue models. It’s all happening at breakneck speed. The key is to keep your eye on the ball — that is, the bottom line. How do you improve performance in this dynamic environment? How do you comply with new local, national, and international regulations? How do you understand the full financial impact of decisions you make?


Tagetik Cloud for Media & Entertainment software solution is the answer. This unified, collaborative approach makes it easy to unify processes for financial, statutory and
management consolidation, budgeting, forecasting and reporting.

Tagetik Cloud for Media & Entertainment
Tagetik Cloud for Media & Entertainment Benefits

Benefits

Modernize legacy toolsets

Modernize legacy toolsets and automate cumbersome manual processes and data entry

Optimize financial processes

Optimize financial processes with integrated financial budgeting, planning, forecasting and modeling

Establish a single version of the truth

Establish a single version of the truth across plans, budgets, lines of business, operating units and corporate

Reduce cycle time

Reduce cycle time and enhance business agility by standardizing on a single solution with robust workflow

Accelerate disclosure cycles

Accelerate disclosure and external reporting cycles. Meet regulatory requirements more quickly with more confidence

Improve accountability and transparency

Improve accountability and transparency, with a complete audit trail across planning processes

Tagetik's unified performance management solution for the Media & Entertainment industry delivers

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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Project Planning
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Project Planning

Empower users to add and manage their own projects, thereby freeing administrators from loading, entering or assigning work. Model and manage projects, optimize costs and capital structures and see how changes affect the P&L, cash flow and balance sheet.

Production & Capacity Planning
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Production & Capacity Planning

See how production plans impact sales, purchasing and financial plans, as well as P&L, balance sheet and cash flow. Link editorial and production costs with advertising, broadcasting and administration expenses when you combine production planning with other operational and financial planning.

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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 services, products, customer or sales associate to more accurately analyze profitability by product, segment, region 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 drill-down into 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.

More specific Requirements

Tagetik for media & entertainment



IFRS 15 IFRS 16

Tagetik Software is trusted by leading companies in the Media & Entertainment industry


Mediaset

Consolidation, Budgeting, Planning, Profitability Analysis, Reporting 

Read the Case Study

Novamedia

Consolidation & Reporting, Budgeting and Sustainability Reporting

AC Milan

Budgeting, Planning, Closing, Allocation, Consolidation, Reporting

Read the Case Study

RCS MEDIAGROUP

Cash Flow Planning

Entertainment one

Consolidation, Disclosure Management

Ymagis

Consolidation (on cloud)

Testimonials

Customer Quotes

On Demand Webinar

On the move for IFRS 15 and 16. How to be compliant with no disruption.

In this webinar, senior IFRS consultant, Tom Borsboom will dig deep into both IFRS 15 and 16. He’ll discuss the coming requirements, the impacts your systems will face, and how your company can leverage Tagetik for a smooth, non-disruptive solution.

Browse our Resources


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