Financial services
Tagetik implements CPM software
9 March 2011
Slovenia-based reinsurer Sava Reinsurance Company has selected Tagetik 3.0 as its main tool for budgeting, planning, consolidation and ‘collaborative disclosure management’ (CDM).
Zvonko Ivanušič, CEO at Sava Reinsurance Company, discussed the company’s decision to implement new CPM software: “As an international group dealing in different currencies, we perceived a vital need for a state-of-the-art software solution that could deal efficiently with financial consolidation, strategic planning and monthly reporting. After evaluating a number of recognised CPM software vendors, we chose Tagetik.”
The fact that Tagetik 3.0 combines consolidation, budgeting, planning and ‘CDM’ in one, unified software gives it a great advantage over other solutions
Slavko Despotovic, CRMT Slavko Despotović, executive director at CRMT, a Tagetik solution distributor, stressed the importance of multi-functionality that the solution offers: “The fact that Tagetik 3.0 combines consolidation, budgeting, planning and ‘CDM’ in one, unified software gives it a great advantage over other solutions.”
He added: “It also provides simplified, centralised consolidation in a single database – instead of numerous spreadsheets – better view of the process, clear responsibilities of people involved in consolidation and improvements in the planning processes.”
“Working side by side with our distributor, CRMT, we are growing our customer-base, coverage and credibility in the Adriatic Region as well as strengthening our renowned presence in the financial services industry,” said Manuel Vellutini, EVP chief operating officer at Tagetik.
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