The Rise of Collaboration in the Budgeting Process

Tagetik, Microsoft and Featuring Leading Industry Analyst Firm Point of View

LUCCA, Italy, June 8, 2010 - Tagetik, a global provider of Performance Management, Financial
Governance and Business Intelligence software solutions, will be hosting a
web seminar to address the CFOs' growing need to provide organizations with a
'collaborative performance management' software aimed to improve
communication and decision-making throughout their budgeting, planning and
forecasting processes
(www.tagetik.com/events-news/events/webseminar-june22).

Despite unprecedented levels of information and investment in technology,
many organizations still don't have the infrastructure to allow
multi-functional teams to quickly collaborate and accurately respond to
questions such as: 'why is our flagship product underperforming in one
market?' - 'what action can we take to quickly remedy the situation?' - 'if
we take these actions, can we cope with an increased production schedule?' -
'what's the impact on cash flow if we make these changes?'. We may have an
increased amount of data, but are we making better decisions?

On June 22nd at 11am EST, Tagetik will be offering a free 60 minute web
seminar to answer these critical scenarios facing the Office of Finance.
Featuring Gartner's Rita Sallam will be discussing Gartner's predictions for
'Collaborative Decision Making'. Manuel Vellutini, Tagetik EVP & Chief
Operating Officer, and Microsoft Corp. Directory BI Partners, Karl Leigh will
be presenting how Tagetik's flexible multi-platform and Microsoft's
sophisticated technology empower a highly collaborative budgeting
environment: 'Tagetik 3.0 Enabled by Microsoft SharePoint Server 2010'.

"With organizations increasingly seeking to introduce more rigorous and
reliable methods for perfecting budgeting and forecasting processes, many are
now looking towards a new generation of tools to help teams collaborate and
improve decision making," explains Vellutini. "Real business benefits,
business productivity and competitive advantage await those organizations
ready and willing to adopt new approaches to budgeting and collaboration."

To join the web seminar, please fill in the following registration form:
https://www2.gotomeeting.com/register/879429339

About Tagetik

Tagetik - a Microsoft Gold Certified Partner - delivers a unified
software solution to support Performance Management and Financial Governance
plus extended Business Intelligence, Collaboration and Communication. Tagetik
3.0 creates value by simplifying complex business processes for CFOs and
CIOs: budgeting, planning and forecasting, consolidation and reporting,
financial governance, strategy management, profitability modeling, working
capital analysis 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 operates in 13 countries leveraging a close partnership with
Microsoft. Its market experts are totally committed to the success of 400
worldwide customers, including some of the largest Fortune 1000 companies and
representing all industries, as well as to foster synergies with system
integrators, technology leaders and local consulting specialists. To learn
more: www.tagetik.com

    Corporate Press Contact:

    Elisabetta Pierallini
    +39-0583-96811
    press@tagetik.com

    US Press Contact:

    Alessandra Gamba
    +1-203-391-7520
    alessandragamba@tagetik.com

    UK Press Contact:

    Caroline Powell
    +44(0)20-8297-5388
    carolinep@jdmarketing.co.uk

Corporate Press Contact: Elisabetta Pierallini, +39-0583-96811, press at tagetik.com; US Press Contact: Alessandra Gamba, +1-203-391-7520, alessandragamba at tagetik.com; UK Press Contact: Caroline Powell, +44(0)20-8297-5388, carolinep at jdmarketing.co.uk