Tagetik, a visionary leader in global performance management software solutions, today announced that it was positioned as a leader, the highest of four designations, in The Forrester Wave™: Enterprise Performance Management, Q4 2016. The research evaluated 10 enterprise performance management (EPM) vendors deemed most significant in the market; positioning was based on 36 criteria, grouped into three categories: current offering, strategy and market presence.
Tagetik received the highest possible scores (5.0 out of 5.0) on 11 of the 36 criteria including planning process management, financial reporting and consolidations, configuration flexibility, and SaaS approach.
According to the research report, “Tagetik is best suited for multinational enterprises with complex planning, financial consolidation and compliance reporting needs. It is also a good choice for SAP ERP customers based on its ability to run on SAP HANA.”
“We’re very proud of this positioning,” said Manuel Vellutini, co-CEO of Tagetik. “I believe that The Forrester Wave shows at a glance how our product offering and strategy and laser-focus on the office of finance set us apart from many other providers in this competitive market. It is my view that the research also validates our commitment to building strong strategic alliances, which help us grow in new markets while maintaining high customer satisfaction.”
“Our market leadership is a result of our dedication to solving the increasing and complex challenges for the office of finance,” said Marco Pierallini, co-CEO of Tagetik. “We pride ourselves on taking advantage of important technology innovations and applying them in the context of finance. For example, being the first EPM vendor to run on SAP HANA makes us, as Forrester points out in this report, a good choice for SAP ERP customers.”
“We believe an EPM solution should help finance executives efficiently address and analyse the past, the present, and the future of business,” saidDave Kasabian, Tagetik chief marketing officer. “We are proud of our designation by Forrester as a leader in the EPM market but even more proud of our customers who use Tagetik to analyse the past, manage the present, and impact the future of their business. They truly are finance heroes.”
Tagetik’s Financial Performance Platform™ enables organisations to unify financial and operational planning, financial and management reporting, cost allocation and profitability analysis, and regulatory and disclosure reporting in a single solution.