Berendsen selects Tagetik for consolidation and reporting

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FOR IMMEDIATE RELEASE

Tagetik, a global provider of enterprise software solutions for Performance Management, Governance, Risk & Compliance and Business Intelligence, today announced thatBerendsen plc, a focused European textile service business which operates in 15 countries and a  FTSE 250 company, has selected the Tagetik solution to simplify itsconsolidation and reporting processes.

Berendsen plcwill replace a legacy system with Tagetik forconsolidationof Group results to meet both Groupmanagement reportingandexternal reportingrequirements. Tagetik’s Performance Management software will run on aMicrosoft SQL Server Enterprise Editiondatabase and is able to collect information from multiple ERP systems. The software also incorporatesMicrosoft Excel, Word, and otherfamiliar Office productsas user-friendly interfaces.

“We selected Tagetik after a detailed evaluation of the marketplace because of the product and commitment of their people. Tagetik’s unified approach to other financial processes such as planning and forecasting was also an important factor making it easier to expand our use of the platform into other areas,” explainsSneha Mavani, Group Financial Controller at Berendsen.“We have gone live with the Group reporting system and are now moving to other areas of Performance management.”

“Tagetik provides the perfect solution for Berendsen which will scale beyond the Group to the wider organization,” addsShak Akhtar, Managing Director at Tagetik UK.

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Berendsen plc (previously called The Davis Service Group plc) is a focused European textile service business with leading positions in most of the countries in which it operates. It’s operating units trade under the main brands of Berendsen, Sunlight and Spring Grove in 15 countries.

Berendsen provides service solutions to source, clean and maintain the textiles that our customers need to keep their operations running. It leverages its buying power, logistics system and considerable know how to provide a cost effective service.

To learn more:www.berendsen.com

Tagetik is 100% dedicated to simplifying and streamlining business processes for the Office of Finance to accelerate informed decisions that achieve strategic goals. Our award-winning

Tagetik 4.0 Performance Management software

is the ideal solution for global companies that seek a clearly superior level of financial expertise in a single unified solution for planning, forecasting, consolidation, close, reporting, profitability management, disclosure, governance, risk, compliance, and analysis.

Tagetik is a rapidly growing global company with

operations in more than 20 countries

and

500 customers

yet provides a “boutique” experience by focusing solely on the needs of finance and doing it better than anyone else.

News Source : Berendsen selects Tagetik for consolidation and reporting