Carillion Chooses Tagetik's Performance Management Software

WOLVERHAMPTON, England and LUCCA, Italy, February 20, 2014 /PRNewswire/ --

Leading FTSE 250 integrated support services company to manage its statutory consolidation and management reporting
processes on Microsoft technology

Tagetik, a global provider of enterprise software solutions for Performance Management, Disclosure Management, Financial Governance and Business Intelligence, today announced that Carillion plc, a leading integrated support services company based in the UK and a member of the FTSE 250 Index on the London Stock Exchange (http://www.carillionplc.com), has selected Tagetik's platform to manage their statutory consolidation and management reporting processes on Microsoft technology.

The Tagetik solution will replace Carillion's existing software. All financial data processed by Tagetik will be viewed and analyzed through Microsoft Business Intelligence (BI), via SharePoint Server.

"Our business requirements were growing at a very fast pace and we were embracing a Microsoft Business Intelligence (BI) strategy at the same time," says Ignacio Llorden, CIO at Carillion.  "We conducted a software selection to choose the most comprehensive software solution on the market for our current and future needs in Financial Performance Management; a solution that would deliver industry-specific functionality and fit perfectly with our IT strategy as well."

"Carillion was looking for a solution that could cover its budgeting and planning requirements at divisional level," continues Alice Allegrini, Head of Sales at Tagetik UK. "They really appreciated our built-in functionality for advanced cash flow planning, as well as the software's unique features which will enable Carillion to plan and monitor bottom-line profitability by project which is essential in the construction and support services business."

"We are delighted to welcome Carillion to our worldwide customer community," adds Manuel Vellutini - Executive Vice President, Chief Operating Officer at Tagetik. "I believe the choice of Tagetik further validates our long-lasting, strategic business relationship with Microsoft. Our software's tight integration with their state-of-the-art technology architecture, combined with our strong, industry-specific financial expertise and experience is a winning recipe to successfully support the needs of today's mid-sized to very-large global organizations."

More information on Tagetik's tight integration with Microsoft Business Intelligence: http://www.tagetik.com/software/bi/bi-ms

About Carillion    
Carillion is a leading integrated  support services company with a substantial portfolio of  Public Private Partnership projects and extensive  construction capabilities. The Group had annual revenue in 2012 of some £4.4 billion, employs around 40,000 people and operates across the  UK, in the  Middle East and  Canada.

The Group has four business segments:  Support services-  this includes  facilities management,  facilities services,  energy services,  rail services,  road maintenance, and utility services;  Public Private Partnership (PPP) projects-  this includes our investing activities in PPP projects in our chosen sectors of  defence,  health,  education,  transport, secure,  energy services and other  Government accommodation;  Middle East construction services-  this includes our building and  civil engineering activities in the Middle East;  Construction services (excluding the Middle East)-  this includes our  consultancy, building,  civil engineering and developments activities in the UK and our  construction activities in Canada.

To learn more:  http://www.carillionplc.com 

About Tagetik    
Tagetik is one of the fastest growing global software companies in the Performance Management industry, with operations in more than 20 countries and over 600 customers worldwide. Tagetik delivers enterprise solutions while providing a 'boutique' experience, resulting in the highest level of client satisfaction in the industry.

In the cloud or on-premises, Tagetik 4 is a unified Financial Performance Platform for the office of finance, delivering budgeting, planning, forecasting, consolidation, close, reporting, profitability analysis, disclosure management, financial governance, and business intelligence. Having one solution for these processes improves efficiencies, reduces risk, saves money and improves the bottom line.

To learn more: http://www.tagetik.com

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Tagetik Corporate Press Contacts:
Elisabetta Pierallini
Luca Pieretti
+39-0583-96811
lucapieretti@tagetik.com

Tagetik UK Press Contact:
Elena Fanfani
+39-0583-96811
elenafanfani@tagetik.com

Tagetik US Press Contact:
Caitlyn Hessell
+1-203-391-7520
caitlynhessell@tagetik.com