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Financial Reporting Expert to Present Keynote at Tagetik’s Upcoming North American User Conference

May 9, 2014

Going Beyond Traditional Financial Reporting, Integrated Reporting Meets Needs of Decision Makers and Stakeholders for Comprehensive and Transparent View of Business Performance and Strategy

STAMFORD, Connecticut, May 9, 2014 /PRNewswire/ –

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Mike Willis, a PricewaterhouseCoopers partner and founding chairman of XBRL
International, will deliver the <STRONG>keynote presentation, “Benefits of
Comprehensive Integrated Reporting,” at </STRONG>Tagetik’s North American User Conference in
New York City on May 15.  Approximately 100 Tagetik customers and
partners will attend the annual event, hosted by Tagetik, a global provider of
enterprise software solutions for performance management, disclosure management,
financial governance and business intelligence.  Attending executives will
represent companies such as John Hancock, Babson Capital Management, LAZ
Parking, and Worthington Industries.


“Today, only about 20% of a company’s market value can be accounted for by
financial and physical assets – which is what traditional financial reporting is
based on,” according to Willis.  ”Other factors – such as business
relationships, intellectual property, human capital, and market trends – make up
an increasing proportion of a company’s value.  The goal of integrated
reporting, which pulls information from a broad range of internal and external
sources, is to provide a more comprehensive and transparent view of a company’s
value from a short-, medium-, and long-term perspective.”


“Five years ago, integrated reporting was not very practical for most
companies to even consider,” said Dave Kasabian<STRONG>, senior
vice president of product marketing and strategy at
Tagetik.
</STRONG>  ”However, now with Tagetik’s unified Financial
Performance Platform(TM), the concept of integrated reporting is actually within
reach.  We are honored to have Mike speak at our conference and bring this
topic to life for our customers.” Tagetik’s Financial Performance Platform
includes performance management processes, built-in ETL (extract, transform,
load) capabilities, analytics, and combined financial and narrative
reporting.


Willis’ presentation will cover the fundamental concepts and elements of
integrated reporting, examples of companies already moving toward integrated
reporting, the role of technology and standards-setting organizations, the
economic benefits, and steps companies can take to evolve toward this more
strategic reporting approach.


Tagetik’s North American User Conference spans two days and includes sessions
on the future of business intelligence, corporate performance management trends,
advanced budgeting and planning, and data security, as well as detailed
product-related sessions. This year’s event will be held at
OFFSITE[TM] NYC, a state-of-the-art meeting venue in midtown
Manhattan.  


<STRONG>About Mike Willis</STRONG>


Mike Willis frequently writes and speaks on the topic of business
reporting.  He has appeared in publications such as Harvard Business
Review, Financial Times, Business Week, Wall Street & Technology, FEI
Magazine, CFO Magazine, Journal of Accountancy and CIO Magazine.


Mike Willis is a partner with PricewaterhouseCoopers and the founding
chairman of XBRL International, a not-for-profit consortium of companies and
agencies worldwide that work together on the building of XBRL, an international
information format standard designed to enhance business reporting supply chain
processes, and supporting its adoption. 


Willis also played an instrumental role in the founding of the Enhanced
Business Reporting Consortia, a consortium of organizations working toward
consensus on an internationally recognized framework of voluntary, international
guidelines for business reporting, and the World Intellectual Capital Initiative
(WICI), a private/public sector collaboration aimed at improving capital
allocation through better corporate reporting information.  WICI is a
collaborating member of the International Integrated Reporting Council and works
to help further the evolution of corporate reporting and enable organizations to
communicate their value-creation stories more effectively with
investors.


<STRONG>About Tagetik</STRONG>   


Tagetik is one of the fastest growing global software companies in the
Performance Management industry, with operations in more than 30 countries and
over 600 customers worldwide. Tagetik delivers enterprise solutions while
providing a ’boutique’ experience, resulting in the highest level of client
satisfaction in the industry.


With deployment options in the cloud or on-premises, Tagetik 4 provides
robust functionality for budgeting, planning, forecasting, consolidation, close,
reporting, profitability analysis, disclosure management, financial governance,
and business intelligence – all from a single, unified platform. By moving to a
unified financial solution, Tagetik customers have dramatically increased
organizational efficiencies, reduced risk, saved money and improved their
companies’ bottom lines.


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



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


Tagetik UK Press Contact:
Shazna
Virmani
+44-203-427-5484
shaznavirmani@tagetik.com



Tagetik US Press Contact:
Linda
Galloway
insidHR Communications
+1-303-863-8620 office
+1-203-733-7446
mobile
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SOURCE Tagetik


Source: PR Newswire



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