Keepmoat Selects Tagetik to Streamline Consolidation and Reporting Processes

DONCASTER, England and LUCCA, Italy, March 7, 2013 /PRNewswire/ --

UK construction and services company improves Finance productivity
with robust Performance Management software

Tagetik, a global provider of enterprise software solutions for Performance Management, Disclosure Management, Financial Governance and Business Intelligence, today announced that Keepmoat (http://www.keepmoat.com) - UK market leader in community regeneration, repairs and maintenance, sustainability, and housing solutions - selected Tagetik's Performance Management solution to manage their financial consolidation and reporting processes on top of Microsoft SQL Server.

The software will be replacing Keepmoat's existing spreadsheets. At a later stage, the company will also be implementing Tagetik's unified application to manage their budgeting, planning, and forecasting processes.

"With the merger of Apollo & Keepmoat Group and different underlying ERP systems we needed an overarching EPM solution which would provide flexible management reporting across different business and statutory needs. During the selection process, Tagetik proved to be robust and rich in functionality which we knew would allow us to implement our current needs as well as future plans such as budgeting, forecasting and cash flow planning," says Stefan Allanson, Deputy CFO at Keepmoat.

"We are delighted to have another construction company, and more importantly, a well-known name in the housing and regeneration industry," explains Shak Akhtar, Managing Director at Tagetik UK (http://www.tagetik.com/about/management/shak-akhtar). "Implementation of Tagetik will enable the Finance team and other Keepmoat subsidiaries to engage in the financial reporting process in a secure and structured way whilst, at the same time, allow Keepmoat Finance team to provide their senior management with information that matches the needs of a growing and changing organisation."

"By implementing Tagetik's unified software platform, I know Keepmoat will benefit from this powerful solution which simplifies the complex processes of managing business performance and financial assets," adds Manuel Vellutini - EVP, Chief Operating Officer at Tagetik (http://www.tagetik.com/about/management/manuel-vellutini). "Our software's 'built-in' functionality empowers the Office of Finance with greater data insights, shorter process cycle times, and higher customer satisfaction."

About Keepmoat    
Keepmoat, is a national market leader in community regeneration and housing solutions, which was formed by the merger between Apollo and the companies making up the former Keepmoat Group. They have brought together their complementary experience and skills to form a new £1.0 billion regeneration company, which has the financial strength, capability and experience to do bigger and better things. The common thread between the two companies is people: some 3,200 full time employees based at 22 regional offices spanning the length and breadth of the UK.

To learn more: http://www.keepmoat.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 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, financial governance, and analysis.

Tagetik is a rapidly growing global company with operations in more than 20 countries and 550 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

Follow @Tagetik  on Twitter, join the Tagetik Experience  group on LinkedIn, watch Tagetik's Channel  on YouTube, and/or become a Tagetik fan  on Facebook.

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

Tagetik UK Press Contact:
Shak Akhtar
+44(0)8708510540
shakakhtar@tagetik.com

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