Retail and Hospitality
Tagetik replaces spreadsheets at DMG
21 January 2011
De Mandemakers Groep (DMG), a Netherlands-based kitchen, bathroom and furniture company, has chosen Tagetik 3.0 to replace its existing spreadsheet-based system.
“In the past few years, our company has grown dramatically both in size as well as in our international scope,” said Jeroen Maan, financial director at DMG. “Currently, we are still using spreadsheets to consolidate our data and prepare budgets and forecasts – with all of the usual difficulties and uncertainties.”
We chose this solution due to its built-in functionalities and strong process integration based on a single source of data. The low TCO helped, of course, as well
Jeroen Maan, De Mandemakers Groep In the first phase of the project, the company will implement Tagetik’s solution for monthly reporting and consolidation, which will replace its current spreadsheet-based system, as well as streamline processes.
The second phase, which is scheduled to begin in March, will enable driver-based, monthly forecasting and budgeting processes.
“We chose this solution due to its built-in functionalities and strong process integration based on a single source of data. The low TCO helped, of course, as well,” added Maan.
The software will also help DMG gain insight into rising market developments through faster, more effective budgeting and forecasting.
“We are able to provide organisations with an integrated corporate performance management application that is easy to use and maintain while providing rich built-in features such as process workflow and audit-trail capabilities,” said Marco van der Kooij, general manager at Tagetik Nederland.
He added: “With DMG, we presented a live demonstration of the software, conducted different workshops to analyse requirements, and developed an ad hoc proof of concept to show the software’s capabilities. This way, the decision-makers could truly understand how the software would work in their environment and, ultimately, assess the value of our software and the organisation behind it.”
Tagetik 3.0 runs on Microsoft SQL Server and can collect information from multiple ERP systems. The software also incorporates Excel, Word, and other familiar Offices products as user-friendly interfaces for data analysis and reporting.
“Our customer profits from the strong integration with Microsoft technology as well as the excellent cooperation between us and its Dutch partner UNIT4 Business Intelligence Solution,” said Manuel Vellutini, EVP chief operating officer at Tagetik.
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