STAMFORD, Connecticut and LUCCA, Italy, August 5, 2015 /PRNewswire/ --
Listed in the Top 5 in all 4 Use Cases, Public/Private (Less Than $250 Million), Public/Private ($250 Million to $1 Billion), Public/Private (More Than $1 Billion) and Individual Business Unit
Tagetik, a visionary leader in global performance management software solutions, today announced that the company has been recognized in Gartner's recently published research, "Critical Capabilities for Corporate Performance Management Suites." (Gartner, Critical Capabilities for Corporate Performance Management Suites - Christopher Iervolino, John E. Van Decker. 29 July 2015).
Of the 17 vendors assessed in the study, Tagetik is the only one to score within the top 4 across the three revenue-based use cases included in the study: Public/Private (less than $250M), Public/Private ($250M to $1B), and Public/Private (more than $1B).
"This research, along with Gartner's "Magic Quadrant for Corporate Performance Management (CPM) Suites" (Gartner, Magic Quadrant for Corporate Performance Management (CPM) Suites by Christopher Iervolino, John E. Van Decker. 02 April 2015.), is a resource for companies evaluating solutions that support both Office of Finance and strategic CPM initiatives," stated Dave Kasabian, chief marketing officer, Tagetik. "We believe Tagetik's strengths benefit companies of all sizes. We provide a unique combination of ease-of-use, built-in workflow and financial intelligence across the full breadth of financial processes. This is a powerful combination for anyone seeking to improve performance, reduce risk, enable greater efficiency and secure better results."
The Gartner report assessed corporate performance management providers in the following weighted critical capabilities: consolidation and close, complex consolidation and close, financial budget planning and forecasting, complex financial budget planning and forecasting, corporate modeling and planning, disclosure management, ease of maintenance/upgrade, ease of use, and ease of implementation. The report then applied weighted scores to each use case. To see the complete report, including details on all 17 vendors, click here.
"We're continually improving our CPM solutions, based on input from our customers to address their needs," said Manuel Vellutini, co-CEO, Tagetik. "Our laser focus on the needs of CFOs and the Office of Finance ensures we're developing one of the best cloud CPM solutions on the market that is also proven to meet the demands of large or complex organizations. These results, coupled with our consistently high customer satisfaction ratings, proves our efforts are paying dividends for our customers."
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.
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 750 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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Media relations, Tagetik