Tagetik and KPMG Advisory Sign a Collaboration Agreement in Italy

MILAN and LUCCA, Italy, October 29, 2012 /PRNewswire/ --

Partnership between software vendor and advisory firm continues to expand in the flourishing Performance Management market

Tagetik, a global provider of enterprise software solutions for Performance Management, Disclosure Management, Financial Governance and Business Intelligence, and KPMG Advisory, a leading advisory firm in Italy (http://www.kpmg.com/it), today announced the signing of a 'Collaboration Agreement'. The agreement was signed during the 'Tagetik in Touch 2012' - the global conference dedicated to customers, analysts, partners and finance professionals in September.

"Tagetik is pleased to announce such a key alliance, reached with one of our major consulting partners in Italy," explains Manuel Vellutini - Executive Vice President, Chief Operating Officer at Tagetik (http://www.tagetik.com/about/company/management/manuel-vellutini). "Under this collaboration agreement, KPMG Advisory will actively deliver consulting services for the Tagetik 4 Performance Management application (http://www.tagetik.com/software). KPMG will provide a variety of services including requirements definition, solution and model design, software configuration and implementation, and application maintenance services."

The agreement also includes a Training and Certification Program and a full range of services specifically tailored to the partner, including interaction with Tagetik's Development Team to access and actively contribute to the product roadmap.

"This agreement confirms our strong commitment to Performance Management and is a result of a number of successful projects in this area. The combination of KPMG and Tagetik's functional know-how, finance expertise, business and industry focus will certainly accelerate the reach of Tagetik's application platform - both in Italy and abroad - as well as its strong ability to meet customers' needs," adds Massimiliano Calogero, Partner at KPMG Advisory.

"In a complex, global environment with difficult economic conditions, increasing regulatory requirements and a growing demand for transparency, the Tagetik Performance Management software delivers multiple reliable solutions to simplify the work of the CFO and strengthen the role of Finance within any organization. And this 'Collaborative Agreement' has been acknowledged by other KPMG European practices who see Tagetik as a leading player in this market, thus expanding our partnership internationally," concludes Calogero.

About KPMG Advisory S.p.A.

KPMG is a global network of professional firms operating in 152 countries worldwide with 145,000 outstanding professionals. The objective of KPMG is to turn knowledge into value for its clients, its communities and the financial markets. KPMG member firms provide their clients with a wide range of multidisciplinary services in accordance with the best practice of international standards.

KPMG member firms from around the world recorded combined revenues of U.S. $22.7 billion for the fiscal year 2011.

With 1,200 professionals and revenues of €207,6 million at 30 September 2011, KPMG Advisory is a leading advisory firm in Italy and is a reference point for CFO, for matters regarding Risk & Compliance, M&A and IT services. These skills are combined with strong industry-specific expertise by line of business: Financial Services, Consumer & Industrial Products, Public Administration, Private Equity, TLC, Media and Entertainment.

To learn more: http://www.kpmg.com/it

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 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

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