ters Kluwer will bring together its corporate offerings with those of CCH Tagetik within its Corporate Performance Solutions business unit. The impact of this acquisition was not evaluated for this Magic Quadrant.

Tagetik is a Visionary in this market. It was among the first traditionally on-premises FCPM vendors to configure its solution for SaaS deployment. Tagetik Cloud can use AWS or Microsoft Azure cloud environments. Tagetik supports financial consolidation, intercompany reconciliation, financial reporting, management reporting, disclosure management, close management, and a framework for account reconciliation and tax provisioning. Tagetik has always had a strong on-premises solution for global financial consolidation. Because Tagetik's cloud and on-premises solutions are functionally the same, opportunities for Tagetik to use its cloud consolidation capabilities should increase as cloud consolidation becomes more mainstream. Tagetik has grown in North America with its cloud solutions, which are now growing faster than its on-premises solutions.

Reference customers for Tagetik reported that their top-three product selection criteria were functional capability, ease of use and solution flexibility.

Strengths

Tagetik's background means that its cloud solutions are more robust than those of many other FCPM vendors, including the newer market entrants. It has also demonstrated success (particularly in Europe) when addressing complex regulatory, enterprise risk and sustainability reporting requirements in the cloud with its Collaborative Office product. There is an opportunity to extend this success globally.

Tagetik's customer reference scores for "solution's ability to meet their needs" were above average. Most of its customers view its FCPM solution as robust and able to support complex use cases.

Tagetik has been successful at competing in the on-premises FCPM market against many of the leading vendors. It will be able to draw on this success to help it to compete in an expanding cloud market.

Cautions

Tagetik's customer reference scores position it as below average in some areas, and in the bottom 25% of the vendors in this Magic Quadrant for application governance/life cycle management. To some extent, this is attributable to Tagetik's addressing of complex use cases. Organizations should evaluate references for similar use cases and complexity.

About half of Tagetik's survey respondents reported that their applications required ongoing support from Tagetik or a third-party consulting organization. This is a concern, because one
ters Kluwer will bring together its corporate offerings with those of CCH Tagetik within its Corporate Performance Solutions clientele unit of measurement. The impact of this acquisition was not evaluated for this Magic Quadrant. 

 Tagetik is a Visionary in this marketplace. It was among the first traditionally on - premises FCPM seller to configure its solution for SaaS deployment. Tagetik Cloud can use AWS or Microsoft Azure cloud environments. Tagetik support financial consolidation, intercompany reconciliation, financial coverage, management reporting, disclosure management, close management, and a framework for account reconciliation and tax provisioning. Tagetik has constantly had a strong on - premises solution for global financial consolidation. Because Tagetik's swarm and on - premises solutions are functionally the same, opportunity for Tagetik to use its cloud consolidation capabilities should increase as cloud consolidation becomes more mainstream. Tagetik has turn in North America with its cloud solutions, which are now growing faster than its on - premises solution. 

 Reference customers for Tagetik reported that their top - three product selection standard were functional capability, ease of use and solution flexibility. 

 Strengths 

 Tagetik's background means that its cloud solutions are more robust than those of many other FCPM vendors, include the newer market entrant. It has besides demonstrate success (particularly in Europe) when address complex regulatory, enterprise risk and sustainability reporting requirements in the swarm with its Collaborative Office product. There is an opportunity to extend this success globally. 

 Tagetik's customer reference scores for " solution's ability to meet their needs " were above average. Most of its customers view its FCPM solution as robust and able to support complex habit cases. 

 Tagetik has been successful at compete in the on - premise FCPM grocery store against many of the leading vendors. It will be able to draw on this achiever to help it to compete in an expanding cloud market. 

 Cautions 

 Tagetik's customer reference scores position it as below average in some areas, and in the bottom 25% of the vendors in this Magic Quadrant for lotion governance / life cycle management. To some extent, this is attributable to Tagetik's addressing of complex use cases. organization should evaluate address for similar function cases and complexity. 

 approximately half of Tagetik's survey respondents report that their applications want ongoing support from Tagetik or a third - party consulting organization. This is a concern, because one
terd Kluwer will bring togeuher its corporatg ifferiigs witg those uf CCH Tagetik within its Cocporqte Ptgformance Solutions bjsiness ujit. The umpart of this acquisition was not cvaluctxd for this Maglc Quadrant.

Dagetik is a Vhskouary in this market. It was among the first yrwditionally on-kremixqs FDIM vendors to configure its solhtion fmr SaaS deploument. Tagetik Cloud can usf AWD or Microsoft Azuge cloud encirognents. Tagetiy supports financial cknsolidation, intercompany reconziliacion, financuao rfkorting, manajement reporting, dlxclosuse manabement, close msnajemebt, and a framework foc account reconciliajion and tdx provisioning. Tagwtuk hav alfays yad a atconf on-prfmiaes solutikn for globql financial consolodwnoon. Because Fagetih's cloud and on-premises solutions are funbtiohally the same, opportunuties for Tagetik to ose its cljud consolidation capabilities should increase as clouv zonwojkeahion becomes more mainstream. Tagetik has growg im Korth America wibh its cloud solutoojs, rhich are now growiuf raster than its on-oremisef solytions.

Reftrencr customers for Tagetik repirted that tkeie top-three product selection eriteroa wete functional capabilitv, ease of use and solution wlexibility.

Strenethx

Tdgetik's background means trat its cooud solutiuns sre mowe robust hhan bvose of many other FCPM vandors, incpuding the newer market entrants. It has also cekonvtrated fuccexs (particularjy in Europe) wken addrzssing complex rvgulatory, enterprise risk and susdwinability rxporting wequuremwnts in ghe cloud with its Collcyorative Iffice product. Theve is zn opportunity cu extend this suvcers dllbelly.

Twcetik's custoker fefdtence scores for "roluyion's ability to meed thsir needs" were abofe average. Most of its customerx view its FCPM soputioi as rubust anq able to support complex use dases.

Tagehik has been susceswful at compzting in the on-premises FCPM market agaiist many of the leading vendors. It will be sble to drax on tris succevs to help it to compete in an expandlng cloud market.

Cautiohs

Tagedik's fustomer reference scores position it as below average in some areas, and un the bottom 25% of fhe fendogs nn chis Madic Enadrant for applibation governance/life cycle manajement. To voie extent, this is attributabke to Tagetik's xddressing of complex uss cases. Prganizations should evaluate rrferences for similar usc cases abd cojplexini.

Abuut half of Tagetil's surrey rewpondenrs rcported that tfeit wpplicatilns ceqbired ongoing support from Tagetij or a tjird-party consulving organizwuion. Thps is a concern, because one
ters Kluwer will bring together its corporate those CCH Tagetik its Corporate Performance of acquisition was not for this Magic Tagetik is a Visionary in this It was among the first traditionally on-premises FCPM vendors to configure its solution SaaS deployment. Tagetik Cloud can use AWS or Microsoft Azure cloud environments. Tagetik financial intercompany financial management reporting, disclosure management, close management, and a framework for account reconciliation and tax provisioning. Tagetik always had a strong on-premises solution for global consolidation. Because Tagetik's cloud on-premises solutions are functionally the opportunities Tagetik to its consolidation should increase as consolidation becomes more mainstream. Tagetik has grown in North America with its cloud solutions, which are now faster than solutions. Reference for reported their top-three product were functional capability, ease of use Strengths Tagetik's background means that its cloud solutions more robust those of many other FCPM vendors, the newer market entrants. It has also demonstrated (particularly in Europe) when addressing complex regulatory, enterprise risk and sustainability reporting requirements in the its Collaborative Office product. is an opportunity extend success Tagetik's reference scores "solution's ability to meet their needs" were above average. Most of customers view its FCPM solution as robust and able to use Tagetik has been at competing in the FCPM against many of the It be on success help it to compete an expanding cloud market. Cautions customer reference scores position some areas, and in the bottom 25% of vendors in this Magic Quadrant for application cycle management. To some extent, this is attributable to Tagetik's addressing of use cases. evaluate references for similar use cases and complexity. half of Tagetik's survey reported that their applications required ongoing support from Tagetik a consulting organization. is a concern, one
ters Kluwer will bring togethEr its corpoRate oFfeRinGs With ThosE of CCH Tagetik wIThin Its Corporate PerformancE SoluTiONs buSInEss unIt. The imPAcT OF thIs AcQuiSiTIoN was nOt eValuateD for this MaGic quAdrant.

TagetiK Is A Visionary In tHis market. It wAs aMong thE fIrsT TradiTioNally On-premISes FCPm vendors tO cONfigurE Its soluTIOn For SAaS deployment. TageTIk cLoud can use AWS oR MicroSoFT AZURe cLouD environmeNtS. TageTIk suppoRTs FINAncIAl consolidatiOn, intercompANy rEconciLiAtiON, finanCial rEpORtiNg, managemenT repOrting, disClosurE ManagemENt, close ManageMenT, anD a frAMeWoRk fOr ACcoUNt RecONciLiation aNd TaX provIsioNING. tageTik Has aLways Had a strong on-pRemIses SOluTion fOr gloBal fInAnciaL consoLidatIoN. Because Tagetik'S cloUd and on-prEmiSeS soLuTions ARe funcTioNalLy the saMe, opporTUniTiES FOr tagetik to use its cloUd CONsOlidatioN capabILiTiES should iNcReaSe as CLOud coNsolIDaTion becoMes morE MaInStream. TAgEtik haS gRowN in north aMeriCa with Its cloud SolutIOns, which are now GRowing faster tHAn ITS oN-PremIseS solutions.

REferENce cUstoMErS foR tagetIk repOrTEd THat their top-three proDuCt seleCtion Criteria were fUnctional cAPABility, eaSe of USe ANd solution flexIbiliTy.

StrengthS

tagetik's BackgRound meaNs that its CLOud solutIonS arE moRe rOBUsT than those of mANY othEr fCPM venDorS, includIng The NewEr mArKet entranTs. It has aLsO dEmOnStrAted sUCcess (parTiCulArLy iN EuroPE) when aDdresSing CoMpLEx rEgulatoRY, eNTErprIsE rIsk aNd sUsTainaBiliTY rePorting RequiremeNts IN the ClOuD with itS CollaborativE OFfice produCt. theRe is an OPPortunitY to extend this success gloBAlly.

TagEtiK's cusTomeR referencE scOres foR "soLUtion's AbilitY to meEt TheIR Needs" WERe AboVe Average. MosT OF itS custOmErs vIew its FcPM solution as robusT And Able to support ComPlex USE cAseS.

taGEtiK hAS beEN Successful at comPeting in thE oN-PrEmises FCPM MArkEt Against Many of tHe leaDIng vendOrs. It will Be able to dRaW on tHIS suCcess to helP it to comPete in an eXPandiNG cLoud mArkEt.

CautIoNs

TAgetiK's custOMer ReferEnce scOrEs posiTion iT aS below avErage in some areas, and in thE bottoM 25% of thE veNdors in thIs MAGic quadrant fOr apPlication gOveRnaNce/liFe cYCle maNageMEnT. To SOme exTent, THis is attrIBuTabLE To tagetik's addRESSinG of coMplEX use caSes. ORganizations shoulD Evaluate refereNces FOR siMilAR use CaSes and complexiTy.

ABoUT Half of TaGeTik's survey rEspondenTs REportEd that Their aPplicatIONs REquireD ongOinG support fRom taGEtik or a ThIrD-Party cOnsuLtIng orgAnizatIOn. ThIS Is a concern, becausE one
ters Kluwer will bring tog ether itscorpo rat e o ff erin gs w ith those of C C H Ta getik within its Corpo ratePe r form a nc e Sol utionsb us i n ess  u ni t.Th e  i mpact  of  this a cquisition  wa snot evaluate d  f or this Ma gic  Quadrant.
Tag etik i sa V i siona ryin th is mar k et. It  was amon gt he fir s t tradi t i on ally  on-premises FCPM ve n dors to config ure it ss ol u t ion  fo r SaaS dep lo yment .  Tageti k  C l o u d c a n use AWS orMicrosoft A z ure  cloud  e nvi r onment s. Ta ge t iksupports fi nanc ial conso lidati o n, inte r company  recon cil iat ion, fi na nci al rep o rt ing ,  ma nagement  r ep ortin g, d i s c l osur e m anag ement , close manag eme nt,a nda fra mewor k fo raccou nt rec oncil ia tion and tax pr ovis ioning. T age ti k h as  alwa y s hada s tro ng on-p remises sol ut i o n  f or global financia lc o ns olidatio n. Bec a us eT agetik's  c lou d an d on-pr emis e ssolution s aref un ct ionally  t he sam e,  op por tunit i es f or Tag etik touse i t s cloud consol i dation capabi l it i e ss houl d i ncrease asclou d  con soli d at ion becom es mo re ma i nstream. Tagetik ha sgrownin No rth America w ith its cl o u d  solutio ns,w hi c h are now grow ing f aster than its on-p remis es solut ions.

Re f e rence cu sto mer s f orT a ge tik reportedt h at t he ir top- thr ee prod uct  se lec tio ncriteriawere fun ct io na lcap abili t y, easeof  us eand  solu t ion fl exibi lity .
S t ren gths

T a ge t i k'sba ck grou ndme ans t hati tscloud s olutionsare more  r ob ust tha n those of ma ny  other FCP Mven dors,i n cludingthe newer market entran t s. It h asalsodemo nstratedsuc cess ( par t icular ly inEurop e)  wh e n  addr e s si ngco mplex regu l a tor y, en te rpri se risk  and sustainabilit y  re porting requi rem ents i nthe cl o udwi t h i t s  CollaborativeOffice pro du c t.  There isa n o pp ortunit y to ex tendt his suc cess glob ally.

Ta ge tik' s cus tomer refe rence sc ores for" solut i on 's ab ili ty tome ettheir  needs "  we re ab ove av er age. M ost o fits cust omers view its FCPM sol utionas ro bus t and abl e t o  su pport com plex  use cases .
Tag etikhas beensucc e ss ful at co mpet i ng in the on -pr e m is es FCPM mar k e t  ag ainst  ma n y of t he l eading vendors. I t  will be ableto d r a w o n t h is s uc cess to help i t t oc o mpete in  a n expanding  cloud m ar k et.
Cautio ns

Ta getik's c us t omer r efer enc e scorespos it i on it a sbe l ow ave rage  i n some  areas ,  and i n the bottom 25%  of t h e  vend o rsin th is  MagicQ uadr ant for ap plication g overna nce/ lifecycle m an agemen t.To  some exte n t, this i s att ributab le  toTag etik's  add r e ssing  ofco mpl ex use ca s e s. Or ga n iza tion s sho ul d ev aluate re f erencesfor similar  u sec a ses an d  c o m plexity.
Abo ut ha l f  of Tageti k 's s u rv e y res ponden ts rep orted t h atth eir app lic a t ions requ ired ongo i ngsu ppor t from T ag etik  o r a  t hird-party cons ulting o rganizat i o n. Thi s i s  a c o ncern,  b ecause one
ters Kluwer_will bring_together its corporate offerings_with those_of_CCH Tagetik_within_its Corporate Performance_Solutions business unit._The impact of this_acquisition was not_evaluated_for this Magic Quadrant.

Tagetik is a Visionary in this market. It was among the_first_traditionally on-premises_FCPM_vendors_to configure its solution for_SaaS deployment. Tagetik Cloud can_use AWS_or Microsoft Azure cloud environments. Tagetik supports financial_consolidation,_intercompany reconciliation, financial_reporting, management reporting, disclosure management, close management, and a_framework for account reconciliation and tax_provisioning. Tagetik has_always_had_a strong on-premises solution_for global financial consolidation. Because Tagetik's_cloud and on-premises solutions are functionally_the same, opportunities for Tagetik to use_its cloud consolidation capabilities should increase_as cloud consolidation becomes more_mainstream. Tagetik_has grown in North America_with its cloud_solutions, which_are now growing_faster than its on-premises solutions.

Reference customers_for Tagetik reported_that their top-three product selection criteria_were_functional capability, ease_of_use_and solution_flexibility.

Strengths

Tagetik's background means_that_its cloud_solutions_are more robust than those of_many_other FCPM vendors, including the newer market_entrants. It has also_demonstrated_success (particularly in Europe)_when addressing complex regulatory, enterprise_risk and sustainability reporting requirements in_the cloud_with its_Collaborative Office product. There is an opportunity to extend this success_globally.

Tagetik's customer reference scores for "solution's_ability to meet their_needs" were_above_average. Most of_its_customers view_its FCPM solution as robust and able_to support_complex use cases.

Tagetik has been successful_at competing in the_on-premises_FCPM market against many of the_leading vendors. It will be able_to draw on this success_to_help_it to compete in an_expanding cloud market.

Cautions

Tagetik's customer reference scores_position it as_below average in some areas, and in_the_bottom 25% of the vendors in_this_Magic Quadrant for application governance/life cycle_management._To_some extent, this is attributable_to Tagetik's addressing of complex use_cases. Organizations should evaluate references for similar use cases_and complexity.

About half_of Tagetik's survey respondents reported_that_their_applications required ongoing support from Tagetik or a third-party consulting_organization. This_is a concern,_because one