Axel Springer Selects Tagetik To Manage Statutory Consolidation Processes

May 22, 2013, 09:00 ET from Tagetik

UNTERSCHLEISSHEIM and BERLIN, Germany and LUCCA, Italy, May 22, 2013 /PRNewswire/ --

Tagetik and pmOne AG deliver superior consolidation software to support one of Europe's leading media company in streamlining Performance Management processes

Tagetik, a global provider of enterprise software solutions for Performance Management, Disclosure Management, Financial Governance and Business Intelligence, today announced that Axel Springer AG ( - Germany's largest newspaper and third-largest magazine publisher - has chosen the Tagetik software solution to manage its statutory consolidation processes.

Delivered by Tagetik's distributor in Germany, Austria and German-speaking Switzerland, pmOne AG (, the consolidation application will be implemented in a SAP landscape and will replace the previous SAP EC-CS solution. KPMG has been selected by the media company as implementation partner.

"Customer satisfaction is a top priority at Tagetik.  Besides the software's functionality, more and more companies are selecting Tagetik also based on user testimonials.  Such was the case with Axel Springer, who could evaluate the software thanks to a referral from a Tagetik customer within their same industry that reported having a very positive experience," says Stefan Sexl, Member of the Management Board, Responsible for Marketing & Products of pmOne AG.

"Major global companies across all industries rely on our software to effectively cover today's 'Finance' function challenges, improve their performance, and reduce costs with a single, unified software platform," concludes Manuel Vellutini -Executive Vice President, Chief Operating Officer at Tagetik (  "It is amazing to see the Tagetik community grow not just because of our unique approach to CPM, but through word-of-mouth by our happy customers."   

About pmOne AG

pmOne AG is a software vendor and consulting company with extensive know-how in Business Intelligence and Big Data. Currently contributing to the company's success is its 165 employees, which all average eight years of project experience. pmOne's solution portfolio consists of three pillars: data warehousing and analytical databases, performance management applications, and reporting based on modern information design standards. pmOne extends Microsoft technology with its own products, and as a Tagetik distributor, offers one of the world's leading performance management solutions. MindBusiness GmbH, a member of the pmOne Group, specializes in SharePoint solutions and services for Microsoft Office rollouts. Founded in 2007, pmOne is a management-owned company dedicated to fostering long-term customer relationships. The pmOne Group has offices in eight cities across Germany, Austria and Switzerland. 

To learn more:

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:

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

About Axel Springer AG

Axel Springer AG wants to become the leading digital media company. As a result of consistent internationalization and digitization, the company today is not only market leader in the German print business, but is also active in 44 countries through subsidiaries, joint ventures and licenses. Both digital and international media already contribute over a third of Group revenues today.

Axel Springer AG's strategy is based on three core competencies: excellent journalism, marketing, and classified advertising portals.

To learn more: 

Tagetik Corporate Press Contacts:
Elisabetta Pierallini
Luca Pieretti

Austria | Switzerland | Germany
Press Contact:
Britta Kaeufer

SOURCE Tagetik