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March 08, 2012 - Paris, France and Lucca, Italy

Mersen Replaces Its Performance Management Software With Tagetik

State-of-the-art CPM solution to empower financial consolidation and reporting tightly integrated with Microsoft technology

Tagetik, a global provider of enterprise software solutions for Performance Management, Governance, Risk & Compliance and Business Intelligence, today announced that Mersen, a global, expert player in high-performance materials and in the reliability and safety of electrical installations, has selected the Tagetik’s software to streamline its statutory consolidation and management reporting. The software will run on a Microsoft SQL Server Enterprise Edition database.

“With more than 60 production facilities in around 40 countries on five continents, Mersen is a very interesting business and we are delighted to be working with Mersen’s team,” says Bruno Leblanc, General Manager of Tagetik France. “We won Mersen’s confidence, over several vendors on the market, because of our fully unified approach to performance management processes and superior level of financial functionality in a single solution built on Microsoft technology. Executives at Mersen will be able to visualize data directly without a huge BI implementation by their IT department, and end-users will benefit as well from embedded financial intelligence, greater flexibility and less dependence on IT. The company will have in the future the ability to easily extend the Tagetik platform to manage other financial processes such as budgeting, planning and forecasting, all within the same web-based application.”

Our unwavering commitment to customer satisfaction and success has significantly contributed to the acquisition of new global customers, like Mersen, who recognize the quality of our software and the constant attention, dedication, and passion of Tagetik’s people,” adds Manuel Vellutini, Chief Operating Officer at Tagetik. “Our mission is to help companies manage the breadth of finance processes throughout the entire organization with built-in financial intelligence that can be applied without having to rely on IT experts. This singular focus on finance processes and our strong relationship with Microsoft is how we successfully empower global organizations.”

Media Contacts:

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