Generali Group's Adoption of Integrated Reporting < IR > Framework Highlighted in Tagetik's Next Progressive CFO Webinar
STAMFORD, Connecticut and LUCCA, Italy, March 15, 2016 /PRNewswire/ --
Generali's Head of Integrated Reporting and CFO Hub, Massimo Romano, will discuss the drivers and benefits of adoption by a major player in the global insurance industry
Tagetik, a visionary leader in global performance management software solutions, will host the pre-recorded webinar "Should Progressive CFOs Embrace the Future of Integrated Reporting Now?," the latest presentation in Tagetik's popular Progressive CFO™ series on Wednesday, March 16, from 2:00 to 2:30 p.m. Eastern Time/ 2:00 to 2:30 p.m. Central European Time. Massimo Romano, Generali Group's head of integrated reporting and CFO hub, will address the reasons why Generali chose to adopt an integrated reporting framework for external and internal reporting and the benefits realized to date.
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Headquartered in Italy, Generali Group is a major player in the global insurance industry and was ranked 43rd in MIT Technology Review's 2015 list of Smartest Companies. The company participated in a pilot project sponsored by the International Integrated Reporting Council (IIRC) in 2012 and has now fully embraced integrated reporting as a key component of its business strategy.
Jyoti Banerjee, the technology initiative program lead for the International Integrated Reporting Council (IIRC), will direct the conversation. The 30-minute interview will touch on:
- The drivers behind the adoption of integrated reporting
- How an integrated reporting framework has changed external and internal reporting
- Operational and process benefits derived from integrated reporting
- The impact of integrated reporting on the company's systems and technology ecosystem
"Integrated reporting <IR> asks companies to stretch way beyond short-term financial thinking to a more holistic view of how the company creates and maintains value," said Banerjee. "Generali Group proactively embarked on this journey and is now seeing quantifiable benefits from the transition. During this webinar, Massimo will discuss how integrated reporting prepares a company for new or expanded regulatory reporting requirements, while at the same time improving how current and future business value is communicated to internal and external stakeholders including the investment community."
"At Tagetik we've believed in the value of the integrated reporting framework from its inception," said Dave Kasabian, chief marketing officer for Tagetik. "We also believe integrated reporting should be the goal of every company. But, we understand that it can be perceived as a daunting initiative. This is why we often help companies take a phased approach, to bring incremental value while paving the way to the ultimate goal of a single report that communicates financial performance and value creation across all six pillars of the <IR> Framework." Tagetik is a member of the International Integrated Reporting Council's <IR> Technology Initiative, formed to build a deeper understanding of how technology can be applied to assist adopters of integrated reporting.
To register for this on-line interview and discussion, click here.
About Tagetik
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 850 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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