Tagetik's unified performance management solution for the banking industry delivers
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.
P&L and Balance Sheet Planning
Create the P&L and balance sheet for a top-down planning approach that also offers robust business modeling and scenario playing to analyze variances and see how changes to capital, expenses, workforce, cash flows and cash/debt variances impact financial results.
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.
Cost Allocation & Profitability Analysis
Allocate both direct and indirect costs to understand true profitability by product, service, instrument, location or customer. Determine expense allocations to different LoBs or products and see how cost models and allocations impact the P&L and balance sheet.
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.
Regulatory Reporting & Compliance
Automate regulatory reporting – from SEC filings, multi-GAAP (IAS, IFRS, US GAAP), Basel III, others – and spend less time preparing reports and more time analyzing the information. Tagetik quickly complies with updates so you are futureproofed for both revised and new regulatory mandates.
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.
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 banking industry
Consolidation, Reporting, FinRep, Reporting
Budgeting, Planning & Forecasting
Meghan Maze - Chief Accounting Officer
“Tagetik truly delivers a single source of truth on a single platform for all of our key financial data. It’s been a long-term goal to get there in Finance, and it’s actually happening. Everyone is seeing the same data and presenting the same results.”
Barbara Kainz - Director Group Consolidation
“With Tagetik, we can fulfill IFRS and FinRep requirements in a single application, while establishing a flexible framework for various tasks throughout the group. Since it can now quickly respond to new external requirements and internal ad hoc inquiries, we feel well equipped for the future.”
BANCO TOYOTA DO BRASIL
Rafael Yoshihara - Financial Planning Coordinator
“Tagetik went straight to the point and focused exactly on our needs. We are proud to be the first Tagetik customer in Brazil.”
On Demand Webinar
BANKING INSIGHTS FROM DELOITTE: HOW TO OPTIMIZE BUDGETING & PLANNING
Massimo Tomasi and Luigi Mastrangelo, Partners and FS Experts from Deloitte Consulting, discuss the challenges banks are facing today and reviewing best practices around budgeting, planning and forecasting in banks. Paolo Angeli, Financial Services Expert from Tagetik, will also join the event and he will share how the right product solution can enable the changes needed to meet these challenges.
Browse our Resources
tagetik for Financial Services
Tighter Financial Governance Through Unified Finance Processes
Group Consolidation, Reporting, IFRS & FinRep Compliance, Segment Reports, Risk Information, Basel iii
3 Critical Mistakes Banks Make With Regulatory Reporting ....and how to avoid them
Financial Reporting, Closing, Regulatory Reporting, Budgeting and Planning
How Banks can Reduce the Burden of Regulatory Reporting
White Paper by Ventana Research
finrep and corep compliance
Discover why banks across Europe are using Tagetik to achieve FinRep and CoRep compliance.
How Banks can Select, Deploy, and Leverage Performance Management to Improve Profitability
White Paper By Bpm Partners
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