Tagetik 3.0 chosen by Greiner Group for budgeting, planning and consolidation processes

23rd March 2011

Greiner Group (based in Kremsmünster, Austria, has selected Tagetik 3.0 as its new solution for the budgeting and consolidation processes.  Greiner Group is a 5th generation family-owned leading foam and synthetics company with more than 116 production and sales locations round the globe.

“After a comprehensive analysis and evaluation of the leading products we decided on implementing Tagetik 3.0,” says Mag. Renate Dietl, Head of Corporate Accounting of Greiner Holding AG. “We were impressed by Tagetik’s unified software solution that can support all of our requirements while remaining very user-friendly. Another key factor was knowing that competent partners Alper & Schetter Consulting and Tagetik Austria would be implementing the product.”

“The fact that we have successfully acquired Greiner Group, which previously used Hyperion Enterprise for the consolidation process, proves that Tagetik 3.0 meets all financial requirements for international organizations. The fact that Tagetik 3.0 combines budgeting, planning and consolidation processes in one, unified software gives it a great advantage among different solutions. Furthermore the simple and straightforward licensing model of Tagetik 3.0 is very customer-oriented,” explains Wolfgang Fahrnberger, Managing Director of pmOne GmbH.

“Tagetik 3.0 software solution is able to support all areas of CPM functionality, with full XBRL/iXBRL support and advanced features for financial disclosure, governance and auditability,” concludes Manuel Vellutini, EVP Chief Operating Officer at Tagetik. “Our unified solution is particularly strong for financial consolidation, financial, management and statutory reporting as well as for budgeting, planning and forecasting processes. A growing list of complex, large and successful projects with worldwide customers is evidence of our noted execution capability, qualified partner network and devotion to customer satisfaction.”

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