Sava Reinsurance Company d.d. is to implement Tagetik 3.0 as its main tool for budgeting, planning, consolidation and ‘collaborative disclosure management’ (CDM).
“Over the recent years, Sava Reinsurance Company has significantly extended its activities, also by acquiring and establishing insurance companies in Croatia, Montenegro, Serbia, Kosovo and Macedonia, thus building a strong insurance group. 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 recognized CPM software vendors, we chose Tagetik,” says Zvonko Ivanušič, CEO at Sava Reinsurance Company.
Slavko Despotović, Executive Director at CRMT d. o. o., stresses the importance of multi-functionality that the Tagetik solution offers: “The fact that Tagetik 3.0 combines consolidation, budgeting, planning and ‘CDM’ in one, unified software gives it a great advantage among different solutions. Besides simplified, centralized 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 are the most important Tagetik features.”
Manuel Vellutini, EVP Chief Operating Officer (COO) at Tagetik told FSN, “Working side by side with our distributor, CRMT d.o.o., 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.”
