Tagetik Opens Brussels Office to Support Belgium and Luxembourg Operation

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Sep 01, 2016, 08:02 ET

BRUSSELS and LUCCA, Italy, September 1, 2016 /PRNewswire/ --

New Office to Support Complex Financial Requirements and Operations of Companies in the Region; Further Expand Tagetik's Growth in the BELUX Market

Tagetik Logo (PRNewsFoto/Tagetik)

Tagetik, a visionary leader in global performance management software solutions, today announced the opening of a new office in Brussels to support the demand for advanced corporate performance management (CPM) software in the Belgium and Luxembourg (BELUX) market.

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

As part of the regional expansion, Tagetik is also developing strategic partnerships with key consulting companies, system integrators and resellers. To date, successful implementations in the region span all industry sectors, including companies such as House of HR (services), Generali Verzekeringsgroep and Ethias (insurance), and many manufacturing organizations. The new office strengthens the Tagetik Benelux commitment to customers' success as part of Tagetik's global growth strategy. Tagetik Benelux BV was established in June 2015 after the acquisition of Dutch company iNovasion, Tagetik's former distributor in the Netherlands.

"Tagetik is proud to continue expanding its global footprint with the opening of a new office in Brussels," said Manuel Vellutini, co-CEO of Tagetik. "Many companies in Belgium and Luxembourg have extremely complex financial requirements and operations that we can now better serve with a direct presence in the region. Industry analysts continue to recognize Tagetik for its strengths in handling the compliance, financial management, and reporting needs of such complex, global organizations."

Fabrizio Tocchini, country director Tagetik Belgium and Tagetik Luxembourg, will lead the company's expansion throughout the region. He brings more than 10 years of experience leading Tagetik's corporate performance management projects in several countries. Before being appointed as country director Tagetik Belgium and Tagetik Luxembourg, he was director of product management with a specific focus on consolidation and reporting.

"BELUX is perceived as the finance 'heart' of Europe, where strategy and rules for the full continent are made. For this reason, many international groups decided to establish their European headquarters in this region. We are confident that Tagetik's progressive and innovative offering will rapidly gain traction in this demanding market and will well serve BELUX headquarter organizations, as well as BELUX subsidiaries," said Tocchini.

Tagetik's Financial Performance Platform^[^TM^] enables organizations to unify financial and operational planning, financial and management reporting, cost allocation and profitability analysis, and regulatory and disclosure reporting in a single solution. Specialized package applications are also available for banking, manufacturing, consumer packaged goods, and Solvency II reporting. Deployment options include a true multi-tenant cloud deployment, hosted cloud, or on-premise.

For more information on Tagetik offerings, visit the Tagetik Benelux home page.

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.

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SOURCE Tagetik