De Mandemakers Groep (DMG) Selects Tagetik 3.0 to Optimize Performance ManagementBy Tagetik, PRNE
Wednesday, January 19, 2011
Leading Dutch Kitchen, Bathroom and Furniture Company Deploys Monthly Reporting and Forecasting Solution Based on Microsoft SQL Server
ARNHEM, The Netherlands, January 20, 2011 - Tagetik, a global provider of enterprise software solutions for
Performance Management, Enterprise Governance, Risk & Compliance and Business
Intelligence, today announced that De Mandemakers Groep (www.dmg.eu),
a fast-growing kitchen, bathroom and furniture company based in the
Netherlands, has chosen Tagetik 3.0 to optimize its performance management
processes. This solution will replace the company's existing
spreadsheet-based system to unify the monthly close, reporting and
consolidation processes as well as deliver driver-based budgeting and more
accurate monthly forecasting.
After the evaluation process, DMG chose Tagetik 3.0 because it offered
the best functionality for managing and controlling its frequent
consolidation and reporting processes. The software will also help the
company gain insight into rising market developments through faster, more
effective budgeting and forecasting. Tagetik 3.0 runs on Microsoft SQL Server
database and is able to collect information from multiple ERP systems. The
software also incorporates Microsoft Excel, Word, and other familiar Offices
products as user-friendly interfaces for data analysis and reporting.
"In the past few years, our company has grown dramatically both in size
as well as in our international scope," explains Jeroen Maan, Financial
Director at DMG. "Currently, we are still using spreadsheets to consolidate
our data and prepare budgets and forecasts - with all of the usual
difficulties and uncertainties. We chose Tagetik 3.0 due to its built-in
functionalities and strong process integration based on a single source of
data. The low TCO helped, of course, as well."
In the first phase of the project starting in January, the company will
implement Tagetik's solution for monthly reporting and consolidation which
will replace its current spreadsheet-based system as well as to streamline
the financial close. The second phase, which is scheduled to begin in March,
will enable driver-based, monthly forecasting and budgeting processes.
"We are able to provide organizations an integrated Corporate Performance
Management application that is easy to use and maintain while providing rich
built-in features such as process workflow and audit-trail capabilities,"
comments Marco van der Kooij, General Manager at Tagetik Nederland
(www.tagetik.nl). "With DMG, we presented a live demonstration of the
software, conducted different workshops to analyze their requirements, and
developed an ad hoc proof of concept to show the software's capabilities.
This way, the decision-makers at DMG could truly understand how the software
would work in their environment and, ultimately, assess the value of our
software and the organization behind it."
"At Tagetik, we feel that it is important to build trusted, longstanding
partnerships with CFOs and other executives," adds Manuel Vellutini, EVP
Chief Operating Officer (COO) at Tagetik. "Our customer profits from the
strong integration with Microsoft technology as well as the excellent
cooperation between Tagetik and its Dutch partner UNIT4 Business Intelligence
DMG is an innovative, ambitious and rapidly growing kitchen, bathroom and
furniture company. With more than 200 outlets, approximately 4,500 employees
and a turnover of approximately 1 billion, the organization is the largest
and most trustworthy company in the industry.
DMG, with its strong focus on customer satisfaction and quality, has been
operating in the kitchen, bathroom and furniture market for more than 30
years. All products are top quality. With a strong, steady program of
innovation and development, the company is able to respond to trends as they
occur and incorporate the very latest technological developments into its
To learn more: www.dmg.eu
Tagetik delivers a unified software solution for Performance Management,
Enterprise Governance, Risk & Compliance, and Disclosure Management with
specialized Business Intelligence tools to optimize Collaboration and
Tagetik 3.0 creates value by simplifying complex business processes for
CFOs and CIOs: budgeting, forecasting, cash flow planning, statutory and
management consolidation, cost allocation, profitability analysis, financial
close and fast closing, dashboard, scorecarding, collaborative disclosure
management and compliance/industry requirements. Tagetik 3.0 is the solution
to translate strategy into operations, manage and control overall performance
down to business transactions, and improve decision-making across the whole
organization while achieving faster ROI and lower total cost of ownership
(TCO). Tagetik's vision to extend Performance Management and Business
Intelligence to collaborative decision-making inspired us to develop Tagetik
3.0 Enabled by Microsoft SharePoint, moving CPM from Corporate to
Collaborative Performance Management.
Tagetik operates in 18 countries leveraging a close partnership with
Microsoft. Its market experts are totally committed to the success of 400
customers worldwide, including some of the largest Fortune 1000 companies
representing all industry sectors, as well as to build strong relationships
with system integrators, technology leaders and local consulting specialists.
Tagetik is a Microsoft Gold Certified Partner.
To learn more: www.tagetik.com
Corporate Press Contacts: Elisabetta Pierallini Luca Pieretti +39-0583-96811 email@example.com The Netherlands Press Contact: Marco van der Kooij General Manager +31(0)26-202-0109 firstname.lastname@example.org US Press Contact: Alessandra Gamba +1-203-391-7520 email@example.com UK Press Contact: Caroline Powell +44-020-8297-5388
Corporate Press Contacts: Elisabetta Pierallini, Luca Pieretti, +39-0583-96811, press at tagetik.com; The Netherlands Press Contact: Marco van der Kooij, General Manager, +31(0)26-202-0109, netherlands at int.tagetik.com; US Press Contact: Alessandra Gamba, +1-203-391-7520, alessandragamba at tagetik.com; UK Press Contact: Caroline Powell, +44-020-8297-5388
Tags: Arnhem, January 20, Netherlands, Tagetik, The Netherlands