Insurance intermediary Towergate has selected Tagetik's platform for its budgeting, planning and compliance reporting processes.

Towergate finance director Tim Philip said that Tagetik’s Performance Management software will ensure that the time spent collecting, managing and maintaining management and KPI reports will be significantly reduced and will be managed more efficiently, providing one version of the truth.

Tagetik said that its 4.0 Performance Management software solution unifies planning, forecasting, consolidation, close, reporting, profitability management, disclosure, governance, risk, compliance and analysis.

Tagetik UK managing director Shak Akhtar said "Towergate with its plans to expand Tagetik’s use to hundreds of users beyond the Finance function is particularly exciting for us, validating the software’s use as a true Corporate Performance and Compliance Reporting application across the whole organization."