Last updated on April 23, 2014 at 17:29 EDT

Axel Springer Selects Tagetik To Manage Statutory Consolidation Processes

May 22, 2013

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 (http://www.axelspringer.com) – 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 (http://www.pmone.com), 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 (
http://www.tagetik.com/about/company/management/manuel-vellutini). “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: 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 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: http://www.tagetik.com

Follow @Tagetik [Follow@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.

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: http://www.axelspringer.com

        Tagetik Corporate Press Contacts:
        Elisabetta Pierallini
        Luca Pieretti

        Austria | Switzerland | Germany
        Press Contact:
        Britta Kaeufer

SOURCE Tagetik

Source: PR Newswire