Finmeccanica Selects Tagetik's Performance Management Software
ROME and LUCCA, Italy, June 20, 2013
ROME and LUCCA, Italy, June 20, 2013 /PRNewswire/ --
Tagetik's software solution will enable the Italian Group to manage their
disclosure management and financial reporting processes internally
Tagetik, a global provider of enterprise software solutions for Performance
Management, Disclosure Management, Financial Governance and Business
Intelligence, today announced that Finmeccanica SpA ( www.finmeccanica.it ) -
Italy's leading industrial group in the Aerospace, Defence, and Security
sectors - chose to implement Tagetik ' s software solution to manage
their disclosure management and financial reporting processes internally
within the Group . The project began in March.
"Tagetik is delighted to welcome yet another multinational Group to its
growing, worldwide customer community. I believe this is a testament in our
ability to successfully support the complexity and scalability of 'Global 500'
organizations," says Manuel Vellutini - Executive Vice President, Chief
Operating Officer at Tagetik (
http://www.tagetik.com/about/management/manuel-vellutini ). "Tagetik's strong,
field experience in the US market has made it possible to embed our unified
software solution with the capabilities and financial intelligence to
streamline disclosure management and reporting processes for European
organizations as well. Tagetik's software is able to support external
reporting, regulatory compliance and internal, management information needs
with a lower TCO compared to the market average."
Finmeccanica is Italy's leading industrial group in the high-technology sec to
r and ranks amongst the to p ten global players in Aerospace, Defence and
Security; sec to rs which generate around 85% of revenues and 80% of orders.
The Finmeccanica group has its headquarters in Italy, with permanent sites
with significant production assets - in addition to Italy - in three other
domestic markets: the UK (with 8,712 employees), the US (with 8,938
employees), and Poland (with 3,224 employees). In Europe the group has also
built up a significant presence in France and Germany, as well as establishing
a significant network of partnerships in high-potential countries worldwide.
In to tal the group employs in excess of 67,000 people, of whom 43% work
abroad in some 50 countries across five continents.
In 2012, Finmeccanica generated revenues of EUR 17.2 billion and obtained
orders to talling EUR 16.7 billion. Finmeccanica has an order book of EUR 45
billion and invests around 11% of its revenues in Research and Development.
Finmeccanica SpA's ordinary shares are listed on the Italian s to ck exchange
(FNC IM; SIFI.MI).
Tagetik is 100% dedicated to simplifying and streamlining business
processes for the Office of Finance to accelerate informed decisions that
achieve strategic goals. Our award-winning Tagetik 4 Performance Management
software is the ideal solution for global companies that seek a clearly
superior level of financial expertise in a single unified solution for
planning, forecasting, consolidation, close, reporting, profitability
management, disclosure, financial governance, and analysis.
Tagetik is a rapidly growing global company with operations in more than 20
countries and 550 cus to mers yet provides an exceptional experience by
focusing solely on the needs of finance and doing it better than anyone else.
To learn more: http://www.tagetik.com
Follow @Tagetik on Twitter, join the Tagetik Experience group on
LinkedIn, watch Tagetik's Channel on YouTube, and/or become Tagetik fan
Tagetik Corporate Press Contacts: Elisabetta PieralliniLuca Pieretti
Tagetik UK Press Contact: Shak Akhtar +44(0)8708510540
Tagetik US Press Contact: Caitlyn Hessell +1-203-391-7520
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