Trader Media Group has selected Tagetik 3.0 to simplify its consolidation and reporting processes. Trader Media Group, one of Europe’s largest multi-media publishers and the publisher of Auto Trader, will use Tagetik 3.0 to execute a faster month-end close and improve the consolidation of group results to meet both Group management reporting and external reporting requirements. Trader Media will replace its Infor FDC consolidation and reporting system with Tagetik 3.0.
“Rapid digital growth has made us one of the largest publishing groups of our kind and we’re constantly looking at new technologies to help us continue to support the delivery of the best possible service to our customers, which is why we’ve decided to replace our Infor FDC system with Tagetik 3.0,” explained Stephen Lane, Group Financial Controller, Trader Media Group. “Tagetik will give us a greater degree of automation which will significantly free up staff time for other tasks, automate processes we were struggling to manage efficiently with FDC, and provide us with greater transparency. Furthermore, Tagetik’s unified approach to other financial processes such as Planning & Forecasting was an important factor making it easier to expand our use of Tagetik into other areas.”
“Tagetik 3.0 provides the perfect solution for Trader Media to work more effectively without completely re-engineering processes and provides a solution that will scale as the company continues to grow, and removes the unnecessary need for highly manual processing. Tagetik 3.0 provides the perfect platform for implementing a functionally rich Performance Management application,” explains Shak Akhtar, Managing Director, Tagetik UK and Ireland.
