TAGETIK CPM NOW IN GERMANY AND AUSTRIA

Lucca, Italy (August 2007) – Tagetik, a global provider of the new generation of Corporate Performance Management (CPM) solutions, continues its worldwide expansion and in germanic countries, as Tagetik Germany and Austria now boasts more than thirty highly skilled and experienced CPM professionals.
“The decision to enter the German-speaking market was weighed carefully, as we are well aware of just how competitive the market is”, remarked Bani Brandolini, President International of Tagetik. “We initially decided to track closely a project begun in Italy with an international group that had just acquired a new operation in Austria. It was this project, which we completed very rapidly, that convinced us that Tagetik CPM can exceed expectations even when facing such complex and unique requirements. This was also one of the reasons we started discussions with a group of CPM experts which just formed a new company and selected them.”


“We have been looking for a CPM solution that adds something to a very crowded market and gives us the competitive edge for our fast growing organization”, said Hannes Wambach of Tagetik Germany and Austria, who gained his experience in the sector as General Manager of MIS AG and Managing Director of Hyperion. “our early successes at large German and Austrian corporations show that Tagetik with its ability to unify processes like planning, consolidation, ABC and others delivers real additional value to our customers”.
Tagetik CPM was localized in German in only 90 days, a very short turn-around considering the extreme breadth and depth of the software. Localization was facilitated by the presence of built-in processes, a set of functionalities and actions which are interconnected to deliver a consistent and reliable workflow within and across the processes. It is easy to configure and adapt to a vast range of requirements without any need to write new code.

Tagetik’s development into an international company also continues in the rest of Europe. Expansion had been guaranteed by a young, talented and enthusiastic management team, which is directly responsible for our operations, and our product’s flexibility in adapting to the variety of legislation and operating situations in different countries.

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Tagetik is an international provider of the new generation of Corporate Performance Management (CPM) solutions. Tagetik CPM is an innovative single CPM solution that leverages cross platform technology and delivers unified and faster process cycles, powerful scalability, short implementation time and lower TCO.
With over 10 years of experience, Tagetik has embedded the knowledge and best practices of its customers into Tagetik CPM.

Tagetik CPM is the first software solution with built-in, flexible and unified financial, operational CPM and application processes such as budgeting, financial planning, consolidation, financial and operational reporting and analysis. Tagetik has over 250 customers including Unicredit, Telecom Italia, Bank Pekao, Manuli Rubber Industries, SSL Healthcare, Mediaset, De Agostini, Fininvest, Mediobanca, BNL, Eni Snamprogetti, IFI-Ifil, Marzotto, Banca Popolare di Milano, Impregilo, Astaldi, ERG, Acea, Brembo, Milan AC, Techint, Illy, Il Sole 24 Ore, Yamaha Motor Italia, Barilla.


Press contacts
Debora Orrico di Russo
+39 348 5635975
Elisabetta Pierallini
+39 0583 96811
press@tagetik.com
www.tagetik.com