Keepmoat Selects Tagetik to Streamline Consolidation and Reporting Processes

UK construction and services company improves Finance productivity with robust Performance Management software

Corporate Press Contacts Elisabetta Pierallini
Luca Pieretti
+39 0583 96811

UK Press Contact:
Shak Akhtar
+44 (0) 8708510540


US Press Contact
Caitlyn Hessell
+1-203 391 7520 caitlynhessell@tagetik.com

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Tagetik, a global provider of enterprise software solutions for Performance Management,
Disclosure Management, Financial Governance and Business Intelligence, today
announced that Keepmoat – UK market leader in community regeneration, repairs and
maintenance, sustainability, and housing solutions – selected Tagetik’s Performance
Management solution to manage their financial consolidation and reporting
processes on top of Microsoft SQL Server.

The software will be replacing Keepmoat’s existing spreadsheets.  At a later stage, the company will also be implementing Tagetik’s unified application to manage their budgeting, planning, and forecasting processes.

“With the merger of Apollo & Keepmoat Group and different underlying ERP systems we needed an overarching EPM solution which would provide flexible management reporting across different business and statutory needs.  During the selection process, Tagetik proved to be robust and rich in functionality which we knew would allow us to implement  our current needs as well as future plans such as budgeting, forecasting and cash flow  planning,” says Stefan Allanson, Deputy CFO at Keepmoat.

“We are delighted to have another construction company, and more importantly, a
well-known name in the housing and regeneration industry,” explains Shak Akhtar, Managing Director at Tagetik UK.  “Implementation of Tagetik will enable the Finance team and other Keepmoat subsidiaries to engage in the financial reporting process in a secure and structured way whilst, at the same time, allow Keepmoat Finance team to provide their senior management with information that matches the needs of a growing
and changing organisation.”

“By implementing Tagetik’s unified software platform, I know Keepmoat will benefit from
this powerful solution which simplifies the complex processes of managing business
performance and financial assets,” adds Manuel Vellutini – EVP, Chief Operating
Officer at Tagetik.  “Our software’s ‘built-in’ functionality empowers the Office of Finance
with greater data insights, shorter process cycle times, and higher customer satisfaction.”


About Keepmoat
Keepmoat, is a national market leader in community regeneration and housing solutions,
which was formed by the merger between Apollo and the companies making up the former
Keepmoat Group. They have brought together their complementary experience and skills to
form a new £1.0 billion regeneration company, which has the financial strength, capability and
experience to do bigger and better things. The common thread between the two companies
is people: some 3,200 full time employees based at 22 regional offices spanning the length
and breadth of the UK.

To learn more: www.keepmoat.com