Ranging from Sarbanes-Oxley to Laws 262 and 231, today’s compliance requirements have made financial processes more complex – and often more costly – than ever before.

Tagetik 3.0 is a unified Performance Management and Financial Governance software: supports a collaborative, controlled and auditable environment to gather, organize, document and determine financial management processes with reduced costs and improved efficiencies.

Companies that use a single solution to manage business performance and supervise financial data have a clear competitive advantage over those that do not. This advantage is even more obvious in multinational, multi-level companies with highly complex organizational structures.

Tagetik 3.0 supports Financial Governance practices at all levels of the enterprise through the processes of data collection, intercompany reconciliation and consolidation (holding level), closing and reporting (entity level).

Tagetik 3.0 main features:

Tagetik 3.0 represents an ideal solution to address and solve the problems facing the modern CFO. By streamlining the process of collecting, processing and verifying data as well as controlling, reconciling and closing accounts, finance can clearly measure corporate performance and simultaneously ensure the necessary stringency of all financial processes while flexibly adapting to new national and international regulations.

Tagetik 3.0 helps you quickly progress from the assessment phase to fulfilling compliance requirements thanks to the following functionalities:

• Risk Control Matrix to comply with financial governance practices such as Sarbanes-Oxley Act (SOX) and Italy’s Law 262/2005

• Manage traceability and audit trail

• Financial Close and Consolidation

• Controlled environment for journal entries and for intercompany transactions

• Extensible Business Reporting Language (XBRL) capabilities

• Built-in Workflow

• Generate reports of controls

Learn how Tagetik 3.0 helps companies fulfill these and other regulatory requirements:

• XBRL

• SOX
  

• Basel 2

• IAS / IFRS
  

• Law 262/05