Earlier this year, the company added an analytical layer to the platform and utilizing this the hub expanded capabilities by allowing for the collection, transformation and validation of all data from any source. The hub is designed to support organizations which need to process large amounts of data, perform complex analyses, and pull masses of data from multiple source systems.

 “The Finance Transformation Platform enables a 360-degree financial and operational perspective to uncover hidden insights for more informed business decisions,” Marco Pierallini, EVP and president for Tagetik, said in a prepared statement.