LUCCA, Italy, November 23, 2010 /PRNewswire/ -- Tagetik, a global provider of enterprise software solutions for Performance Management, Enterprise Governance, Risk & Compliance and Business Intelligence, today announced that Seat PG, a marketing communications agency based in Milan, has upgraded to Tagetik 3.0. This solution will integrate its planning, budgeting, forecasting and corporate disclosure processes on a unified, controlled platform and reduce the level of complexity in creating forward-looking financial statements. The long-time Tagetik customer had previouslyusedits Easy Finance solution for over ten years to manage its planning and reporting processes.

Seat PG is also the first customer to deploy Tagetik 3.0- Collaborative Disclosure Management (http://www.tagetik.com/software/disclose). This module automates the entire financial closeand statement production while supporting the process of compiling and publishing business information in an easy, accurate and highly collaborative manner.

"Companies are devoting more and more attention to ensuring a fast close and compliance with government regulations and corporate policies,"explains Manuel Vellutini, Chief Operating Officer (COO) at Tagetik. "Tagetik 3.0 - Collaborative Disclosure Management supports these efforts by creating a collaborative environment for preparing, sharing, consolidating and publishing documentation related to the final steps of business management. Since these processes are unified in a single system, companies can calculate highly accurate forecasts and analyze detailed data to ultimately execute their business strategies."

Tagetik has reported strong fourth-quarter sales with companies looking to support multiple financial processes. Besides Seat PG, the software vendor has recently booked new projects, to name a few, RCS MediaGroup, Bormioli Rocco, KB1909 Group, Centrosolar Group, Holding SlovenskeElektrarned.o.o and Manuli Rubber.

About SEAT PG

Seat PG is a local marketing communication agency with network of 180 multimedia agencies (i.e. Web Points) throughout Italy. In addition to traditional visibility services, which offer detailed information and sophisticated search tools to tens of millions of users, the company offers advertisers a wide range of multimedia platforms (e.g. print, voice, online or mobile).

Currently ranking as Italy's #1 Web agency, Seat PG has designed approximately 80,000 websites in the past year alone. The company also provides innovative Web marketing services including Web design, multimedia content creation, Web visibility activities and a wide array of complementary advertising communication instruments. Seat PG serves as a marketing and communication partner to small and midsize companies throughout Italy as well as large national organizationsand central/local government agencies.

About Tagetik

Tagetik delivers a unified software solution for Performance Management, Enterprise Governance, Risk & Compliance, and Disclosure Management with specialized Business Intelligence tools to optimize Collaboration and Communication.

Tagetik 3.0 creates value by simplifying complex business processes for CFOs and CIOs: budgeting, forecasting, cash flow planning, statutory and management consolidation, cost allocation, profitability analysis, financial close and fast closing, dashboard, scorecarding, collaborative disclosure management and compliance/industry requirements. Tagetik 3.0 is the solution to translate strategy into operations, manage and control overall performance down to business transactions, and improve decision-making across the whole organization while achieving faster ROI and lower total cost of ownership (TCO). Tagetik's vision to extend Performance Management and Business Intelligence to collaborative decision-making inspired us to develop Tagetik 3.0 Enabled by Microsoft SharePoint, moving CPM from Corporate to Collaborative Performance Management.

Tagetik operates in 18 countries leveraging a close partnership with Microsoft. Its market experts are totally committed to the success of 400 customers worldwide, including some of the largest Fortune 1000 companies representing all industry sectors, as well as to build strong relationships with system integrators, technology leaders and local consulting specialists.

Tagetik is a Microsoft Gold Certified Partner.

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

FOR IMMEDIATE RELEASE Corporate Press Contacts: Elisabetta Pierallini Luca Pieretti +39-0583-96811 press@tagetik.com US Press Contact: Alessandra Gamba +1-203-391-7520 alessandragamba@tagetik.com UK Press Contact: Caroline Powell +44(0)20-8297-5388 carolinep@jdmarketing.co.uk

SOURCE: Tagetik

CONTACT: Corporate Press Contacts: Elisabetta Pierallini, Luca Pieretti,+39-0583-96811, press@tagetik.com, US Press Contact: Alessandra Gamba,+1-203-391-7520, alessandragamba@tagetik.com, UK Press Contact: CarolinePowell, +44(0)20-8297-5388, carolinep@jdmarketing.co.uk