STAMFORD, Connecticut and LUCCA, Italy, February 8, 2016 /PRNewswire/ --
Tagetik , a visionary leader in global performance management software solutions, will host the webinar "How to Expand the Power of CPM (Corporate Performance Management) with Microsoft Office," on Tuesday, February 9, from 2 p.m. to 3 p.m. EST.
Jeff Wainwright, founder of Skehana Systems, a leading provider of global performance management services and a Tagetik partner, will begin the presentation by discussing how companies can increase the value of CPM investments through effective use of Microsoft Office and, in particular, Excel.
The webinar will also include an overview of Tagetik's Collaborative Disclosure Management (CDM) reporting solution. Tagetik's CDM, which won Ventana Research's award for technology innovation for the Office of Finance, automates the creation of any type of formatted report that combines numbers and narrative, typically involves significant collaboration and input from multiple stakeholders, and requires extensive editing and reviews.
"CPM solutions with robust linkages to Microsoft Office offer distinct advantages," said Wainwright. "Since Excel is practically a universal tool in business, giving business users the ability to download reports, manipulate data, and upload data in Excel dramatically reduces internal training and accelerates widespread adoption. Additionally, it increases the productivity of business travelers who can work on spreadsheets even when disconnected."
Topics covered during the presentation include:
- How Excel can be leveraged to expedite CPM implementation and reduce overall implementation costs by expediting data integrations, data reconciliations, and testing.
- Ways to utilize Microsoft Office enhancements and features without changing the underlying CPM system.
- How companies use Excel, Word, and PowerPoint, in conjunction with their CPM solutions, for external reporting, including financial books with graphs, charts, and commentary formatted for easy reading and reference.
The presentation will also cover what to look for and questions to ask when assessing a CPM's integration capabilities.
"A CPM solution should take advantage Microsoft Office's strengths, but not be dependent on those tools," said Dave Kasabian, chief marketing officer for Tagetik. "Modern finance needs functionality for advanced allocations, scenario planning, cash-flow planning, and product profitability analysis at the database level. Building this functionality into Excel just isn't efficient, nor does it guarantee data integrity and auditability. Your CPM solution should also give users the ability to use Word and PowerPoint to make reports more readable and relevant to different business audiences."
To register for the complimentary webinar, click here.
About Skehana Systems
Since 1992, Skehana has provided top EPM experts to more than1,000 companies throughout the world. Skehana provides exceptional value and ROI to its customers through a unique model of low overhead and no-commission sales. Skehana's highly experienced consultants are individually matched to each engagement, based on their technology and business experiences, to accommodate the unique needs and project criteria of each client. For more information, visit http://www.skehana.com.
Tagetik understands the complex challenges that face the Office of Finance and translates that knowledge into intuitive, enterprise-scale performance management software solutions that drive business results. With Tagetik, companies get the simplicity of the Cloud and the power to unify financial and operational planning; shorten the consolidation and close process; immediately analyze results, model and compare full financial statement impact of business scenarios; adjust strategic plans; seamlessly update rolling forecasts; produce formatted and auditable financial statements and management reports; collaborate on business reviews, and automate disclosure and board reporting. Tagetik has built-in financial intelligence so that CFOs, finance managers, and operations executives can orchestrate multiple or all processes in one software solution. More than 750 customers across 35 countries count on Tagetik to improve efficiency, reduce risk, save money and deliver results. For more information, visit http://www.tagetik.com. We get Finance. You get results.
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