Tagetik Positioned as Proven and Robust in BPM Partners' Vendor Landscape Matrix

STAMFORD, Connecticut and LUCCA, Italy, August 25, 2016 /PRNewswire/ --

Assessment Highlights That Tagetik's Unified Financial Performance Platform Addresses all Core Performance Management Components, With Strong Functionality Across the Board and the Ability to Handle Complexity in the Office of Finance

Tagetik, a visionary leader in global performance management software solutions, today announced that BPM Partners positioned Tagetik as a proven vendor with robust functionality in its 2016 Performance Management Vendor Landscape Matrix (VLM) . Tagetik is one of only two vendors with this positioning in the research report.

     (Logo: http://photos.prnewswire.com/prnh/20140625/694014 )
  

The research report evaluates 16 vendors on the financial, operational, and strategic functionality of their solutions and their market status. In order to be positioned as "proven," a vendor must be well established in the market with many customers and a solid win rate, according to the report. To be placed in the "robust functionality" category, a vendor's solution must address all core performance management components - budgeting, forecasting, planning and modeling, financial consolidation and reporting, dashboards and scorecards, and operational analytics - with strong functionality across the board; demonstrate the ability to handle complexity, particularly in the area of financial consolidation; and be a good fit for large, complex organizations, especially multinationals.

"Tagetik has been in our VLM for many years and has consistently proven its ability to compete successfully at the upper end of the BPM market while retaining very strong customer satisfaction ratings," said Craig Schiff, president and CEO of BPM Partners. "Over their years in the VLM, Tagetik has established its reputation as one of the most robust in financial consolidation, planning and reporting capability. Its recent advances related to user experience, embedded BI capabilities, and deployment options demonstrate the company's keen understanding of its audience and the challenges of modern finance organizations."