Tagetik BI : Budgeting Planning & forecasting

Business Intelligence BI Tagetik Software : Budgeting Planning & forecasting

Tagetik 3.0 delivers shorter planning cycle times with less manual efforts, more proactive budgeting processes, quick and easy recreation of forecasts and significant improvement of governance by keeping an audit trail of business assumptions.

Thanks to the unification of the aggregated, corporate financial budget and operational business plans in one single solution, Tagetik 3.0 supports a strategic, collaborative, timely and cost saving budgeting, planning and forecasting process with a low Total Cost of Ownership (TCO).

To support the Budgeting, Planning & Forecasting process Tagetik 3.0 delivers:
Modeling: define different models including a driver-based approach to planning also using sophisticated MDX based scripting rules

Scenarios: define different data management scenario (budget, forecast, 3-year plan, …)

Data collection: gather financial and non financial data through data sheets available via web with browser or Excel interface

Workflow: manage the collection process with different approval levels

‘What-if’ analysis: produce alternative analysis scenarios based on simulation and splashing functionalities with several different sets of values and the possibility to write on the results

Allocations: efficient processing of budget allocation entries

Cash flow modeling:

Automatic creation of Cash Flow & Balance Sheet statement perfectly matched with the P&L through the use of financial rules such as credit terms (DSO/DPO), tickler, …

Manage intercompany/inter business, VAT, cash–pooling flows and devaluation of Financial Investments

Forecasting: define forecasting models using a deterministic approach at different levels of aggregation

IC matching: intercompany gathering and reconciliation during the budgeting process

Consolidation of budget data

Source: For more Tagetik Business Intelligence BI application software, visit Tagetik.