Tagetik Continues International Expansion with Opening of Direct Operation in Germany, Austria, and Switzerland

News provided by

Feb 23, 2016, 10:02 ET

UNTERSCHLEISSHEIM, Germany and LUCCA, Italy, February 23, 2016 /PRNewswire/ --

New offices in Germany and Switzerland staffed by Corporate Performance Management and IT experts ready to work with regions' progressive CFOs

Tagetik Logo (PRNewsFoto/Tagetik)

Tagetik, a visionary leader in global performance management software solutions, today announced the establishment of Tagetik GmbH, a direct operation providing sales, implementation, and consulting support to companies in Germany, Austria, and Switzerland.

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

The formation of Tagetik GmbH is accompanied with the opening of two new offices in Unterschleissheim, Germany and Zurich, Switzerland. Tagetik's new direct operation will be led by three highly experienced finance and corporate performance management (CPM) experts: Andreas Drescher and Claus Koppensteiner have been named Tagetik GmbH general managers; Jérôme Vial, a frequent speaker on corporate performance management and chair of the UK Chartered Accountants in Switzerland, will serve as the Tagetik's country manager for Switzerland.

"A direct operation gives Tagetik the ability to focus exclusively on the satisfaction and success of its customers in the DACH region," said Drescher. "A dedicated sales team will also help us increase the finance market's awareness of Tagetik's highly rated solution for the CFO and the Office of Finance and its strong competitive differentiators." Current customers in the region include Axel Springer, Dr.Oetker, Talanx, TeamViewer, Kistler, M+W, and Vorwerk.

"Another benefit of the new direct operation is that we'll be able to work more closely with Tagetik's extensive network of partners, including Deloitte, Ernst&Young, KPMG, PwC, Alper & Schetter, avantum, and Horvath & Partner," added Koppensteiner. Previously, Tagetik's solution was marketed exclusively through pmOne AG, which is now a minority shareholder in the new Tagetik subsidiary. "We are excited to intensify these relationships and even further expand Tagetik's partner network in the future."

"Our new offices give us a direct presence in one of the world's most important IT markets for our global expansion strategy," said Manuel Vellutini, co-CEO of Tagetik. "This new direct operation positions us to increase our growth momentum in the DACH region and work directly with its progressive finance leaders. Organizations in this region are among the world's most complex businesses, and our solution is a perfect fit for those requiring a sophisticated finance solution. "

About Tagetik

Tagetik understands the complex challenges that face the Office of Finance and translates that knowledge into intuitive, enterprise-scale performance management software solutions that drive business results. With Tagetik, companies get the simplicity of the Cloud and the power to unify financial and operational planning; shorten the consolidation and close process; immediately analyze results, model and compare full financial statement impact of business scenarios; adjust strategic plans; seamlessly update rolling forecasts; produce formatted and auditable financial statements and management reports; collaborate on business reviews, and automate disclosure and board reporting. Tagetik has built-in financial intelligence so that CFOs, finance managers, and operations executives can orchestrate multiple or all processes in one software solution. More than 850 customers across 35 countries count on Tagetik to improve efficiency, reduce risk, save money and deliver results. For more information, visit http://www.tagetik.com. We get Finance. You get results.

Media Contacts:
Linda Galloway
insidHR Communications
+1-303-863-8620 office
+1-203-733-7446 mobile
[email protected]

SOURCE Tagetik