Centrex Chooses Tagetik's Unified Software Solution

VIENNA, Austria and LUCCA, Italy, April 17, 2012 /PRNewswire/ --

Gazprom subsidiary to implement an integrated Performance Management solution for financial planning, group consolidation and reporting

Tagetik, a global provider of enterprise software solutions for Performance Management, Disclosure Management, Financial Governance and Business Intelligence, today announced that Centrex Europe Energy & Gas AG (http://www.centrex.at), a member of the Gazprom Bank, has selected Tagetik 4.0. A total of 22 users will benefit from the Performance Management solution which will unify financial planning, consolidation and reporting processes across the enterprise. Tagetik's distributor pmOne GmbH (http://www.pmone.com) will implement the project for the international energy provider based in Vienna.

"In order to meet our subsidiaries' different technical and business requirements, we needed a user-friendly software tool that could easily be integrated into our existing IT architecture," explains Roman Ressl, Director of Planning & Reporting at Centrex Europe Energy & Gas AG. "After an extensive search for a suitable solution from a single source, we selected Tagetik because we felt it was the best solution for our needs - especially because we can flexibly integrate data that was generated using different local accounting standards."

"Once again, Tagetik's vast built-in functionality and remarkable flexibility scored well with our customers," adds Hannes Wambach, Managing Director at pmOne GmbH. "Companies really appreciate the fact that the solution integrates actual and budget data and rich process support for both financial and operational processes."

"At Tagetik, we are experiencing great momentum in the market, emerging as a real alternative to the mega-vendors," says Manuel Vellutini, Chief Operating Officer at Tagetik (http://www.tagetik.com/about/company/management/manuel-vellutini). "And we continue executing on our global expansion strategy, which as a result has grown our international license revenues at an amazing rate. Our passion for performance is what really drives us to perfectly meet the needs of our customers."

About Centrex Europe Energy & Gas AG

Centrex is an international group of companies operating in the natural gas sector, focussing on the extraction and marketing of natural gas reserves. Its autonomous, specialist subsidiaries operate in the gas industry along the entire value chain - from developing new reserves to transportation, trading, processing and distribution.

To learn more: http://www.centrex.com

About pmOne GmbH

pmOne is a growing Business Intelligence provider in Central Europe. The company's solutions, which are based on Microsoft technologies, focus on three pillars: data warehousing as the foundation, performance management applications especially for reporting, enterprise planning and group consolidation as well as visualization through information design. MindBusiness GmbH, a member of the pmOne Group, specializes in Microsoft SharePoint solutions and services for Microsoft Office rollouts.

pmOne has 150 employees combining over 900 years of project experience. The company founded in 2007 is fully owned by its management and staff. The pmOne Group has eight offices in Germany, Austria and Switzerland.

To learn more: http://www.pmone.com

About Tagetik    

Tagetik is 100% dedicated to simplifying and streamlining business processes for the Office of Finance to accelerate informed decisions that achieve strategic goals. Our award-winning Tagetik 4.0 Performance Management software is the ideal solution for global companies that seek a clearly superior level of financial expertise in a single unified solution for planning, forecasting, consolidation, close, reporting, profitability management, disclosure, governance, risk, compliance, and analysis.

Tagetik is a rapidly growing global company with operations in more than 20 countries and 500 customers yet provides an exceptional experience by focusing solely on the needs of finance and doing it better than anyone else. 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

Austria | Switzerland | Germany Press Contact:
Britta Käufer
+49-89-4161761-0
britta.kaeufer@pmone.com