Press Release

08.05.2012

Metro AG to run Tagetik’s Performance Management Software

Third largest retailer in the world selects Tagetik to streamline global consolidation and reporting


Unterschleissheim/Duesseldorf (Germany), May 8, 2012 – Tagetik, a global provider of enterprise software solutions for Performance Management, Disclosure Management, Financial Governance and Business Intelligence, today announced that Metro AG has selected Tagetik 4.0 as their new corporate solution for financial, statutory and management consolidation. The software, which is distributed by pmOne GmbH 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. “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. “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.”

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: www.metrogroup.de


Contact

Britta Käufer
PR Managerin
Freisinger Straße 9
85716 Unterschleissheim

T: +49 89 4161761-0
F: +49 89 4161761-99
britta.kaeufer@pmone.com

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