Tagetik Software
London, UK 2008-06-16
Tagetik, a global provider of Corporate Performance Management (CPM) and Financial Governance software solutions, today announced a consulting agreement
with Concentric Solutions Limited. Concentric Solutions is a specialist Enterprise Performance Management software consultancy with offices in the UK and Germany.
The firms award-winning team provides a complete end-to-end service delivering leading financial consolidation and budgeting solutions to a blue-chip customer
base across Europe.
Under the agreement, Concentric will provide consulting services in support of Tagetik CPM implementations and work together to develop
new business in the UK and Ireland.
Concentric is delighted to partner with Tagetik, said David Watson, Director of Concentric Solutions, We have been looking to broaden our technology offerings
such that we can offer CFOs and Finance teams a unified and complete Performance Management solution with a low total cost of ownership and platform independence.
With its deep functional capabilities and 'built-in' technology, we believe that Tagetiks entry into the UK marketplace will lead to rapid growth and success for
us both.
Through this partnership, our customers will gain greater value from their corporate performance management investments, said Shak Akhtar, Managing Director
Tagetik UK. Concentric is one of the top consulting companies in UK with a long experience in this market place and will be able to support our customers optimise
the design and implementation of Tagetik CPM.
About Concentric
Concentric Solutions is a leading financial applications consultancy with decades of successful cross industry Enterprise Performance Management solution implementations.
Specialists in financial consolidation software, budgeting software and executive dashboard applications, their award winning team provides a complete end-to-end service.
Concentric Solutions services range from business analysis programmes and developing solution roadmaps to full group financial consolidation and budgeting solution
implementations. Beyond implementation, they maintain the partnership extending their ongoing client commitment to include post-live application support, proactive
maintenance and managed development programmes.
About Tagetik
Tagetik is a global provider of the new generation of Corporate Performance Management (CPM) and Financial Governance (FG) solutions. The extensive experience in the
Corporate Performance Management market has enabled Tagetik to offer a software solution that enables companies automate processes, obtain the necessary transparency
and data accuracy for compliance, improve governance, reduce costs as well as meet industry-specific requirements.
Tagetik CPM is an innovative single solution that leverages cross platform technology and delivers unified and faster process cycles, powerful scalability, short
implementation time and lower total cost of ownership (TCO) thanks to its out-of-the-box CPM processes. Tagetik CPM is the first completely financial closed-loop,
double entry solution, that unifies in a single product all core CPM processes (budgeting, planning & forecasting, profitability modeling & optimisation, dashboard &
scorecarding, financial consolidation, statutory & management reporting), extended CPM processes (such as credit reporting & analysis, ICT performance management,
compliance), vertical CPM processes (such as regulatory accounting, cash flow management by project and regulatory reporting) and Financial Governance processes.
Tagetik CPM incorporates the knowledge and best practices gained in over a decade of real-world projects. Tagetik has over 300 customers representing all industries
including Financial Services (Unicredit), Manufacturing (Barilla), Insurances (Talanx), Fashion (Gucci), Healthcare (SSL Healthcare), Automotive (Yamaha).
For more information on Tagetik in the UK and Ireland, visit
www.tagetik.co.uk