Sprecher Automation Selects Tagetik’s Performance Management Software

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FOR IMMEDIATE RELEASE

Tagetik, a global provider of enterprise software solutions for Performance Management, Enterprise Governance, Risk & Compliance and Business Intelligence, today announced that

Sprecher Automation GmbH

, a provider of turnkey and partial solutions,selected Tagetik’s distributor

pmOne GmbH

,to implement a new solution for consolidation, budgeting and cash flow planning. The Tagetik platform will replace multiple spreadsheets for the Austrian energy stations and automation technology expert.

“For us it was crucial to introduce a unified software solution like Tagetik 4.0 that could enable consolidation of group financial results; budgeting and planning; and long-, medium-, and short-term cash flow and liquidity planning for both group-wide and down to each legal entity in a single application,” saysHelmut Schabetsberger, Managing Director at Sprecher Automation GmbH.  “No other vendor could meet all of our requirements in a single solution.”

“Once again the Tagetik software solution has been selected because of its ease of use, robust product functionality, and comprehensive scope of performance management processes within a single application that spans financial consolidation, governance, risk and compliance, budgeting, and financial planning. Tagetik’s unified approach allows both large and medium-sized businesses to significantly improve the way they manage and control financial performance processes,” explainsHannes Wambach, Managing Director at pmOne GmbH.

“This is another example of how Tagetik’s singular focus on the needs of finance is making a difference for our clients and partners. Our ability to meet the specific finance requirements of complex markets, in this case the DACH region, allows us to continually beat our competitors even in their own back yard,” concludesManuel Vellutini, Chief Operating Officer at Tagetik. “Tagetik's ability to deliver unique solutions to customers that improve the way they manage multiple financial performance processes in a single product is resonating with finance organizations around the world. It is our ability to deliver great solutions for clients like Sprecher Automation that is fueling our rapid global expansion and our goal of becoming the next leader in the Performance Management space.”

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As a provider of turnkey and partial solutions, Sprecher Automation offers a multitude of products and services for the areas of energy supply, industries, municipal utilities, wood industry and infrastructure such as MV and LV technology, control and automation technology (e.g. control and protection systems, switchgears), laser, scanner and imaging systems as well as visualization systems.

To learn more:www.sprecher-automation.com 

pmOne is a growing Business Intelligence provider in Central Europe. The company’s solutions, which are based on Microsoft technologies, focus on three pillars: data warehousing as the foundation, performance management applications especially for reporting, enterprise planning and group consolidation as well as visualization through information design. MindBusiness GmbH, a member of the pmOne Group, specializes in Microsoft SharePoint solutions and services for Microsoft Office rollouts.

pmOne has 150 employees combining over 900 years of project experience. The company founded in 2007 is fully owned by its management and staff. The pmOne Group has eight offices in Germany, Austria and Switzerland.

To learn more:www.pmone.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 : Sprecher Automation Selects Tagetik’s Performance Management Software