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December 06, 2011 - Vienna, Austria and Lucca, Italy

Sprecher Automation Selects Tagetik’s Performance Management Software

pmOne implements integrated solution for consolidation, budgeting and cash flow planning

Tagetik, a global provider of enterprise software solutions for Performance Management, Enterprise Governance, Risk & Compliance and Business Intelligence, today announced that Sprecher Automation GmbH, a provider of turnkey and partial solutions, selected Tagetik’s distributor pmOne GmbH, to implement a new solution for consolidation, budgeting and cash flow planning. The Tagetik platform will replace multiple spreadsheets for the Austrian energy stations and automation technology expert.

For us it was crucial to introduce a unified software solution like Tagetik 4.0 that could enable consolidation of group financial results; budgeting and planning; and long-, medium-, and  short-term cash flow and liquidity planning for both group-wide and down to each legal entity in a single application,” says Helmut Schabetsberger, Managing Director at Sprecher Automation GmbH.  “No other vendor could meet all of our requirements in a single solution.

Once again the Tagetik software solution has been selected because of its ease of use, robust product functionality, and comprehensive scope of performance management processes within a single application that spans financial consolidation, governance, risk and compliance, budgeting, and financial planning. Tagetik’s unified approach allows both large and medium-sized businesses to significantly improve the way they manage and control financial performance processes,” explains Hannes Wambach, Managing Director at pmOne GmbH.

This is another example of how Tagetik’s singular focus on the needs of finance is making a difference for our clients and partners. Our ability to meet the specific finance requirements of complex markets, in this case the DACH region, allows us to continually beat our competitors even in their own back yard,” concludes Manuel Vellutini, Chief Operating Officer at Tagetik. “Tagetik's ability to deliver unique solutions to customers that improve the way they manage multiple financial performance processes in a single product is resonating with finance organizations around the world. It is our ability to deliver great solutions for clients like Sprecher Automation that is fueling our rapid global expansion and our goal of becoming the next leader in the Performance Management space.

    Media Contacts:

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