Tagetik 4-0 Review - why 4.3 stars?

Tagetik 4-0 Review
ITQlick Score: 85/100
ITQlick Rating:
Pricing: 10/10 - high cost
Category: Business performance management -> Tagetik 4-0 review
Ranking:Ranked 6 out of 47 Business performance management systems
Company: Tagetik
Pricing: starts at $50,000 per feature
Typical customers: Medium and large size businesses
Platforms: Desktop, Mobile, Cloud
Links: Tagetik 4-0 pricing, Tagetik 4-0 alternatives
Shlomi LaviShlomi Lavi / updated: Nov 22, 2022

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What is Tagetik 4-0?

Tagetik 4 is financial performance management and business intelligence software designed for companies of all sizes. Its major features include performance management, disclosure management, business intelligence and financial governance. The tool is available for on-premise deployment and in the form of cloud-based software as a service.

Tagetik 4 is a product of Tagetik. The company, which has head offices in Stamford, Connecticut and Lucca, Italy, was founded in 1986 and has over 600 customers worldwide.

Who is it best for?

Tagetik 4 is suitable for businesses of all sizes, but it is most widely used by large companies and enterprises. It is an ideal choice for companies operating in any industry from manufacturing, retail and healthcare to gas and oil, financial services and telecommunications and networking. Major clients include Panalpina, UniCredit, Propex, Henkel, Danone, Mediaset and A.C. Milan.

Main features and functionalities

Tagetik 4 enables you to make forecasts, to plan operations and to create budgets. It allows you to plan cash flows, allocate costs and run profitability analysis. It has both internal and external reporting. The software allows you to carry out extensive performance and financial analysis with the use of reports and dashboards.

The corporate governance module is designed to enable financial risk management, internal auditing and control, regulatory compliance, operational risk management and simulation running based on forecasts. The software helps you optimize communication and collaboration, achieve higher management and financial efficiency and comply fully with all regulatory requirements.

What is the actual cost?

The cost of license starts at $50,000 per feature. ITQlick pricing score is 10 out of 10 (10 is most expensive). Access ITQlick pricing guide for Tagetik 4-0. You can also find here pricing information from Tagetik 4-0's website.


  • Tagetik 4-0 is simple for technical and non-technical individuals
  • It simplifies and collaborates consolidation and reporting
  • The program is adaptable, simple to implement, and seamless
  • Tagetik 4 is a product of a large and reputable company with long-term experience in the industry.
  • The tool is customizable to match the specific needs of every individual client.


  • Users report that the website occasionally freezes and crashes
  • Tagetik 4 does not come with a wide range of financial accounting features.
  • More comprehensive customer support is available locally and not directly on the company's main website.
  • Tagetik 4 is not accessible from Android and Windows mobile devices, even though it works with iOS and Blackberry devices.
  • The software can be fully integrated only with a limited number of comprehensive business management tools such as SAP Business All in One.

How it stacks up?

Access a head to head analysis of Tagetik 4-0 vs alternative software solutions.
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Frequently Asked Questions (FAQs)

Is it the best Business performance management system?

Tagetik 4-0 is ranked 6 out of 47 software in their category (Business performance management systems).

How they are rated on ITQlick?

The rating of Tagetik 4-0 is 4.3 stars out of 5 and the total score is 85 out of 100. The rating score is based on our unbiased data-based algo. Learn more - rating methodology page.

Is it an easy to use Software?

Yes, Tagetik 4-0 makes it fairly easy to use. This product is user friendly and intuitive.

Is it cloud-based?

Yes, they offer cloud based hosting, which means IT resources are retrieved through web-based tools and applications and you don't need to buy servers and additional hardware equipment.

Can it be used on mobile?

Yes, you can access Tagetik 4-0 on your mobile/smart phone.

What should we ask during a demo session?

Differences between Tagetik 4-0 and alternatives?

The most popular alternatives to Tagetik 4-0 in 2024: Oracle Hyperion, Anaplan, Planning Maestro, Infor SyteLine, IBM Planning Analytics. Access the complete competitors analysis here - Tagetik 4-0 VS Business performance management Software alternatives.

Is Tagetik 4-0 right for you or your business?

Tagetik 4-0 is a business performance management system built for the automotive, banking, and financial services industries. Businesses in construction and engineering is also fit to use this software. Customers of Tagetik 4-0 include Metro Group, Rabobank, Randstad, and others.

List of categories

Budgeting & CPM
Financial reporting
Financial consolidation
Payroll Accounting
Business Intelligence
Business performance management
Cloud BI
Dashboards & KPIs
Mobile BI
Predictive analytics
Capital Program Management
Project Management

List of features

Audit Trail
Balance Sheet
Billing & Invoicing
Budgeting & Forecasting
Cash Flow
Credit Card Processing
P&L Statement
Purchase Orders
Sales Reporting
Time & Expense

Auditor - Shlomi Lavi

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Shlomi Lavi is an entrepreneur and founder of ITQlick.com. He holds a Bachelor of Science (B.Sc.) in Information Systems Engineering from Ben Gurion University in Israel. Shlomi brings 17 years of global IT and IS management experience as a consultant and implementation expert for small, medium and large-sized (global) companies. Shlomi’s goal is to share the best knowledge and news about information systems so you can make smarter buying decisions for your business.