The Teaching Company, LLC has selected the Tagetik platform for its budgeting, planning, profitability and reporting processes as well as marketing analyses. The Teaching Company is a developer and marketer of proprietary, university-level courses targeted at life-long learners.
“With the help of the consulting firm, RapidPerformance, LLC, it became very clear that we needed to replace our current spreadsheet-based forecasting and financial reporting processes,” explains Bryan Lapidus, Manager of Financial Analysis at The Teaching Company. “After careful review, we selected Tagetik because of its strong out-of-the box functionality for basic financial statements and its ability to configure our complex, idiosyncratic marketing forecasts, across multiple geographies and multiple time periods.”
Mark Corsetti, VP &General Manager of Tagetik North America adds: “During our first meeting with The Teaching Company, it became very clear that due to its rapid growth, the company’s system of large, interconnected Excel spreadsheets had become unsustainable and prone to crashing. Tagetik 4.0 fits perfectly into their Microsoft technology environment (SQL Server 2008 and Dynamics AX) providing a performance management platform that was easy to use but flexible enough to meet the company’s needs, and as a result we were able to effectively fulfill every requirement that The Teaching Company needed to succeed.”