STAMFORD, Connecticut and LUCCA, Italy, October 18, 2016 /PRNewswire/ --
Tagetik one of six vendors evaluated in both reports
Tagetik, a leader in global performance management software solutions, today announced that Tagetik's unified Finance Performance Platform™ was evaluated by research and advisory firm Gartner, Inc. in its recently published reports, Critical Capabilities for Strategic Corporate Performance Management (SCPM) Solutions[1] and Critical Capabilities for Financial Corporate Performance Management (FCPM) Solutions[2].
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Tagetik was one of six vendors evaluated in both reports. Tagetik received the third highest score for midsize/large organizations and large organizations use cases in the Critical Capabilities for Financial Corporate Performance Management Solutions, and for midsize/large organizations use case in the Critical Capabilities for Strategic Corporate Performance Management Solutions.
Gartner's strategic CPM research evaluated 17 vendors on financial budgets and plans, complex financial budgets and plans, integrated financial planning, modeling, and analytics, and cloud capability. Gartner's financial CPM research evaluated 10 vendors on medium complexity FCPM, complex FCPM, process analytics, and cloud capability. Both reports included evaluations on ease of implementation, ease of use, ease of maintenance and upgrade, support and vendor satisfaction, enterprise scalability, and integration.
"At Tagetik, we believe strategic and financial CPM are best addressed from a single unified solution. Because of the tremendous overlap of finance processes, a unified solution brings consistency, accuracy, visibility and accountability across all of these processes - even in the largest and most complex global companies," said Dave Kasabian, Tagetik chief marketing officer.
According to Kasabian, Tagetik's consistently high scores for complex financial budgets and plans, integration, and customer support and satisfaction, verify Tagetik's fit for both midsized and large (including Tier 1) organizations. "We are also happy to see that we're noted for offering customers both cloud and on-premise deployments, which is a benefit not offered by most of our competitors," added Kasabian.
"We are proud of our ability to support large companies and complex use cases while maintaining very strong customer satisfaction," said Manuel Vellutini, co-CEO of Tagetik. "In the last years, we've significantly grown our customer base. Our strong showing in these reports reinforces our reputation for providing a comprehensive solution capable of addressing the modern challenges of finance."
"The breadth of corporate performance management (CPM) functionality addressed by our Finance Performance Platform, coupled with scalable cloud deployment, is what we call 'the cloud without compromise," said Co-CEO Marco Pierallini.
Both reports in their entirety are available on-line as are the previously released 2016 Magic Quadrant for Strategic Corporate Performance Management Solutions[3] and Magic Quadrant for Financial Corporate Performance Management Solutions[4].
[1] Gartner, Critical Capabilities for Strategic Corporate Performance Management Solutions, Christopher Iervolino and John E. Van Decker, 26 September 2016.
[2] Gartner, Critical Capabilities for Financial Corporate Performance Management Solutions, Christopher Iervolino and John E. Van Decker, 26 September 2016.
[3] Gartner, Magic Quadrant for Strategic Corporate Performance Management Solutions, Christopher Iervolino and John E. Van Decker, 31 May 2016.
[4] Gartner, Magic Quadrant for Financial Corporate Performance Management Solutions, Christopher Iervolino and John E. Van Decker, 31 May 2016.
About Gartner
Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
About Tagetik
Tagetik understands the complex challenges that face the Office of Finance and translates that knowledge into intuitive, enterprise-scale performance management software solutions that drive business results. With Tagetik, companies get the simplicity of the Cloud and the power to unify financial and operational planning; shorten the consolidation and close process; immediately analyze results, model and compare full financial statement impact of business scenarios; adjust strategic plans; seamlessly update rolling forecasts; produce formatted and auditable financial statements and management reports; collaborate on business reviews, and automate disclosure and board reporting. Tagetik has built-in financial intelligence so that CFOs, finance managers, and operations executives can orchestrate multiple or all processes in one software solution. More than 850 customers across 35 countries count on Tagetik to improve efficiency, reduce risk, save money and deliver results. For more information, visit http://www.tagetik.com. We get Finance. You get results.
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