Tagetik develops and sells cloud and on-premises

corporate performance management Business performance management (BPM) (also known as corporate performance management (CPM) enterprise performance management (EPM),) is a management approach which encompasses a set of processes and analytical tools to ensure that a business o ...

software applications for use by corporate finance teams and their business users.

History

Tagetik has headquarters in

Lucca Città di Lucca ( ; ) is a city and ''comune'' in Tuscany, Central Italy, on the Serchio River, in a fertile plain near the Ligurian Sea. The city has a population of about 89,000, while its Province of Lucca, province has a population of 383,9 ...

, Italy and

Stamford, Connecticut Stamford () is a city in Fairfield County, Connecticut, United States, outside of New York City. It is the sixth-most populous city in New England. Stamford is also the largest city in the Western Connecticut Planning Region, Connecticut, Weste ...

. In July 2014, the company announced $36 million in outside funding. In June 2015, the company acquired iNovasion, a Netherlands-based company,“Stamford-area business briefs.”
Stamford Advocate. June 23, 2015 and opened its Benelux direct operation. In February 2016, Tagetik established Tagetik GmbH, a direct operation for the German, Austrian, and Swiss markets.Spett, Szilvana
“Tagetik opens subsidiary in Zurich.”
Switzerland Global Enterprise In September 2016, the company opened a new office in Brussels."Tagetik opens Brussels office to support Belgium and Luxembourg operation"
/ref> In December 2016, Tagetik established Tagetik Nordic AB, a direct operation for the Swedish, Norwegian, Finnish, Danish, and Icelandic markets, and opened a new office in Stockholm."Tagetik Continues International Expansion With Opening of Direct Operation Serving Sweden, Denmark, Norway, Finland and Iceland"
/ref> On 6 April 2017 Tagetik was acquired by

Wolters Kluwer Wolters Kluwer N.V. is a Dutch information services company. The company serves legal, business, tax, accounting, finance, audit, risk, compliance, and healthcare markets. Wolters Kluwer in its current form was founded in 1987 with a merger bet ...

Product

The company's software monitors and manages financial performance and processes, such as budgeting, consolidation, planning and forecasting, disclosure management, and reporting. The software uses

Microsoft Office Microsoft Office, MS Office, or simply Office, is an office suite and family of client software, server software, and services developed by Microsoft. The first version of the Office suite, announced by Bill Gates on August 1, 1988, at CO ...

, using Microsoft Excel, Word and PowerPoint for input and report templates. The software also has connectors to Microsoft

Power BI Microsoft Power BI is an interactive data visualization software product developed by Microsoft with a primary focus on business intelligence (BI). It is part of the Microsoft Power Platform. Power BI is a collection of software services, app ...

SharePoint SharePoint is a collection of enterprise content management and knowledge management tools developed by Microsoft. Launched in 2001, it was initially bundled with Windows Server as Windows SharePoint Server, then renamed to Microsoft Office ...

, SQL Server, Dynamics AX and NAV and runs on

Microsoft Azure Microsoft Azure, or just Azure ( /ˈæʒər, ˈeɪʒər/ ''AZH-ər, AY-zhər'', UK also /ˈæzjʊər, ˈeɪzjʊər/ ''AZ-ure, AY-zure''), is the cloud computing platform developed by Microsoft. It has management, access and development of ...

.Analysts Christopher Iervolino and John E. Van Decker
“Magic Quadrant for Financial Corporate Performance Management Solutions.”
Gartner. May 31, 2016Gibson, Rebecca
“Carillion deploys Microsoft BI solution for management reporting.”
The Record. Feb. 21, 2014 Tagetik runs on Microsoft SQL Server,

PostgreSQL PostgreSQL ( ) also known as Postgres, is a free and open-source software, free and open-source relational database management system (RDBMS) emphasizing extensibility and SQL compliance. PostgreSQL features transaction processing, transactions ...

, Oracle or

SAP HANA SAP HANA (HochleistungsANalyseAnwendung or High-performance ANalytic Application) is an in-memory, column-oriented, relational database management system developed and marketed by SAP SE. Its primary function as the software running a datab ...

databases. The company also has developed a connector to the Qlik Analytics Platform and to SAP to automate extracting and mapping data and metadata from SAP ECC FI, and BW tables.Analysts Christopher Iervolino and John E. Van Decker
“Critical Capabilities for Corporate Performance Management Suites.”
Gartner. July 27, 2015

Customers and Partners

As of June 2015, Tagetik had approximately 750 corporate customers around the world. Representative customers include:

Fiat Chrysler Fiat Chrysler Automobiles N.V. (FCA), now part of Stellantis, was an Italian-American multinational corporation primarily known as a manufacturer of automobiles, commercial vehicles, auto parts and production systems. The corporation was estab ...

, Grupo Aquinos,

Henkel Henkel AG & Co. KGaA, commonly known as Henkel, is a German multinational chemical and consumer goods company headquartered in Düsseldorf, Germany. Founded in 1876, the DAX company is organized into two globally operating business units (Cons ...

, Webster Bank,

Randstad The Randstad (; "Rim City" or "Edge City") is a roughly crescent- or Circular arc, arc-shaped conurbation in the Netherlands, that includes almost half the country's population. With a central-western location, it connects and comprises the Net ...

, Carillion, and

John Hancock John Hancock ( – October 8, 1793) was an American Founding Fathers of the United States, Founding Father, merchant, statesman, and prominent Patriot (American Revolution), Patriot of the American Revolution. He was the longest-serving Presi ...

Manulife Manulife Financial Corporation (French language, French: Financière Manuvie) is a Canadian multinational insurance company and financial services provider headquartered in Toronto, Ontario. The company operates in Canada and Asia as "Manulife" ...

. Major consulting partners include Satriun,Satriu

Awarded Platinum CCH Tagetik Partner

Accenture Accenture plc is a global multinational professional services company originating in the United States and headquartered in Dublin, Ireland, that specializes in information technology (IT) services and management consulting. It was founded in 1 ...

Impactera™ (Pure Player)
,Alper & Schetter Consulting GmbH,Alper und Schetter Consulting Gmb

Leading Tagetik consulting in Germany

Deloitte Deloitte is a multinational professional services network based in London, United Kingdom. It is the largest professional services network in the world by revenue and number of employees, and is one of the Big Four accounting firms, along wi ...

Ernst & Young EY, previously known as Ernst & Young, is a multinational corporation, multinational professional services partnership, network based in London, United Kingdom. Along with Deloitte, KPMG and PwC, it is one of the Big Four accounting firms, Big F ...

KPMG KPMG is a multinational professional services network, based in London, United Kingdom. As one of the Big Four accounting firms, along with Ernst & Young (EY), Deloitte, and PwC. KPMG is a network of firms in 145 countries with 275,288 emplo ...

, and

PwC PricewaterhouseCoopers, also known as PwC, is a Multinational corporation, multinational professional services network based in London, United Kingdom. It is the second-largest professional services network in the world and is one of the Big Fo ...

and MultiCube. Among Tagetik's technology partners are

Amazon Amazon most often refers to: * Amazon River, in South America * Amazon rainforest, a rainforest covering most of the Amazon basin * Amazon (company), an American multinational technology company * Amazons, a tribe of female warriors in Greek myth ...

Web Services,

Microsoft Microsoft Corporation is an American multinational corporation and technology company, technology conglomerate headquartered in Redmond, Washington. Founded in 1975, the company became influential in the History of personal computers#The ear ...

NetSuite NetSuite Inc. is an American cloud-based enterprise software company that provides products and services tailored for small and medium-sized businesses (SMBs) including accounting and financial management, customer relationship management (CR ...

Qlik Qlik ronounced "klik"(formerly known as Qliktech) provides a data integration, analytics, and artificial intelligence platform. The software company was founded in 1993 in Lund, Sweden and is now based in King of Prussia, Pennsylvania, United ...

, and

SAP Sap is a fluid transported in the xylem cells (vessel elements or tracheids) or phloem sieve tube elements of a plant. These cells transport water and nutrients throughout the plant. Sap is distinct from latex, resin, or cell sap; it is a s ...

.Destri, Francesca
“Microsoft Cloud Roadshow sbarca in Italia.”
Computer World. May 12, 2016 CCH Tagetik has four key consulting partners in the UK
HAYNE Solutions
VantagePoint, Codestone, an
AIS Consulting
These partners play a crucial role in delivering comprehensive financial and corporate performance management solutions by offering expert implementation, customisation, and support services. Their collaboration with CCH Tagetik ensures that UK businesses can optimise their financial processes, enhance reporting accuracy, and drive better decision-making through tailored solutions.

References

{{Reflist Software companies based in Connecticut Software companies of Italy Companies based in Lucca Companies based in Stamford, Connecticut Defunct software companies of the United States