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23 March 2011 - Lucca|Vienna|Zurich|Munich

Tagetik 3.0 Fulfills Greiner’s Business Requirements

Industry leader with a new solution for budgeting, planning and consolidation processes

Tagetik, a global provider of enterprise software solutions for Performance Management, Enterprise Governance, Risk & Compliance and Business Intelligence, today announced that Greiner Group (www.greiner.at), based in Kremsmünster, Austria, introduces Tagetik 3.0 as their new solution for budgeting and consolidation processes.  Greiner Group is a 5th generation family-owned leading foam and synthetics industry company.

After a comprehensive analysis and evaluation of the leading products we decided on implementing Tagetik 3.0,” says Mag. Renate Dietl, Head of Corporate Accounting of Greiner Holding AG. “We were impressed by Tagetik’s unified software solution that can support all of our requirements while remaining very user-friendly. Another key factor was knowing that competent partners Alper & Schetter Consulting and Tagetik Austria would be implementing the product.

The fact that we have successfully acquired Greiner Group, which previously used Hyperion Enterprise for the consolidation process, proves that Tagetik 3.0 meets all financial requirements for international organizations. The fact that Tagetik 3.0 combines budgeting, planning and consolidation processes in one, unified software gives it a great advantage among different solutions. Furthermore the simple and straightforward licensing model of Tagetik 3.0 is very customer-oriented,” explains Wolfgang Fahrnberger, Managing Director of pmOne GmbH.

Tagetik 3.0 software solution is able to support all areas of CPM functionality, with full XBRL/iXBRL support and advanced features for financial disclosure, governance and auditability,” concludes Manuel Vellutini, EVP Chief Operating Officer at Tagetik.Our unified solution is particularly strong for financial consolidation, financial, management and statutory reporting as well as for budgeting, planning and forecasting processes. A growing list of complex, large and successful projects with worldwide customers is evidence of our noted execution capability, qualified partner network and devotion to customer satisfaction.

About Greiner Group

Founded in Germany in 1868 and with an Austrian company operating since 1899, the wholly owned family firm combines the expertise of a network organization with the high innovative capacity and flexibility of legally autonomous company units. The Greiner Group is notable for its diversification of products and markets, which is the guarantee of steady growth. Today the group is a leader in the foam and synthetics industries and has more than 116 production and sales locations round the globe, which means affiliated company units can focus activities on client requirements and market needs optimally, both as a local and a global player.

To learn more: www.greiner.at

About Alper & Schetter Consulting GmbH

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About pmOne GmbH

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Media Contacts:

Greta Bartoli CCH Tagetik Press Release & Social Media Specialist +39 0583 96811 office