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Last updated on April 16, 2014 at 7:58 EDT

Metro AG to Run Tagetik’s Performance Management Software

May 7, 2012

UNTERSCHLEISSHEIM/DÃœSSELDORF, Germany and LUCCA, Italy, May 8, 2012 /PRNewswire/ –

Third largest retailer in the world selects Tagetik to

streamline global consolidation and reporting

Tagetik, a global provider of enterprise software solutions for Performance
Management, Disclosure Management, Financial Governance and Business Intelligence, today
announced that Metro AG (http://www.metrogroup.de) has selected Tagetik 4.0 as their
new corporate solution for financial, statutory and management consolidation. The
software, which is distributed by pmOne GmbH (http://www.pmone.com) in the DACH
region, replaces the trade group’s previous solution SAP EC-CS. Several hundred users
worldwide will benefit from Tagetik 4.0 functionality.

“The fact that as Metro AG, which is listed in the DAX 30, has chosen our solution for
Performance Management emphasizes that Tagetik supports customers from small-medium
businesses up to large, global corporations with a very attractive, innovative and
flexible software solution for the Office of Finance and IT,” says Stefan Sexl – Member of
the Management Board, Responsible for Marketing & Products of pmOne AG (
http://www.pmone.de/en/company/management). “Its outstanding and highly built-in,
advanced features for complex consolidation processes, as well as the strong commitment by
the joint pmOne and Tagetik team, proved to be the decisive criterion for Metro AG.”

“We are delighted to add another large company like Metro (#65 in the Global 500) to
our impressive list of references around the world,” adds Manuel Vellutini – Executive
Vice President, Chief Operating Officer at Tagetik (
http://www.tagetik.com/about/company/management/manuel-vellutini). “Passion for
performance is what drives us to develop and deliver the best, unified, performance
management software available. Deep domain expertise, built-in financial intelligence and
innovative capabilities mixed with a ‘human touch’ are the foundation of our product
superiority and strong customer relationships.”

About Metro AG

METRO AG stands at the top of METRO GROUP as their strategic management holding
company. METRO GROUP is one of the most important international retailing companies: Some
280,000 employees from 180 nations are working at over 2,100 outlets in 33 countries in
Europe, Africa and Asia. The operative business is divided into the business segments of
wholesale, food retail, non-food specialty stores and department stores. Of course, the
sales brands of the METRO GROUP are represented in the market. The portfolio of the strong
sales brands offers a wide range of services for private and commercial customers. All
sales brands of METRO GROUP take leading market positions in their respective segment.

To learn more: http://www.metrogroup.de

About pmOne GmbH

pmOne is a growing Business Intelligence provider in Central Europe. The company’s
solutions, which are based on Microsoft technologies, focus on three pillars: data
warehousing as the foundation, performance management applications especially for
reporting, enterprise planning and group consolidation as well as visualization through
information design. MindBusiness GmbH, a member of the pmOne Group, specializes in
Microsoft SharePoint solutions and services for Microsoft Office rollouts.

pmOne has 150 employees combining over 900 years of project experience. The company
founded in 2007 is fully owned by its management and staff. The pmOne Group has eight
offices in Germany, Austria and Switzerland.

To learn more: http://www.pmone.com

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 4.0 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, governance, risk, compliance, and analysis.

Tagetik is a rapidly growing global company with operations in more than 20 countries
and 500 customers yet provides an exceptional experience by focusing solely on the needs
of finance and doing it better than anyone else. To learn more: http://www.tagetik.com

Follow @Tagetik [http://twitter.com/#!/tagetik ] on Twitter, join the Tagetik
Experience [http://www.linkedin.com/groups?mostPopular=&gid=114466 ] group on LinkedIn,
watch Tagetik’s Channel [http://www.youtube.com/TagetikCorporate ] on YouTube, and/or
become Tagetik fan [http://facebook.com/tagetik ] on Facebook.

        Tagetik Corporate Press Contacts:
        Elisabetta Pierallini
        Luca Pieretti
        +39-0583-96811
        lucapieretti@tagetik.com

        Austria | Switzerland | Germany
        Press Contact:
        Britta Kaufer
        +49-89-4161761-0
        britta.kaeufer@pmone.com

SOURCE Tagetik


Source: PR Newswire