Talentia CPM

Talentia was founded in 2005 and has 450 employees worldwide. The company is headquartered in Paris, France, with additional offices in Europe and Canada. More than 2,000 customers worldwide use Talentia software to implement HR and CPM projects.

Talentia’s product portfolio consists of two solutions: HR Suite (including Talentia HCM, Talentia Payroll as a Service and HR Analytics & Intelligence) and Financial Suite (including Talentia Finance, Talentia CPM and Financial Intelligence).

Talentia CPM is a comprehensive platform for financial consolidation and disclosure management, planning, budgeting and forecasting, statutory reporting and electronic filing, management reporting and analysis, and also supports ESG use cases. It can be deployed for a single use case in a specific team, but the majority of implementations are deployed enterprise-wide for strategic, multi-use-case CPM initiatives. According to the vendor, the product is used by 800 customers. It targets midsize organizations in all industries looking for an integrated CPM solution. Primary buyers include finance and controlling executives. The vendor uses a direct sales model in addition to its partner network to support customers with implementation services.

Talentia CPM is a cloud-based solution, offered as software-as-a-service in the Microsoft Azure cloud. It uses Microsoft database technology to store and manage customer data (Azure SQL and Azure Analysis Services). For data integration, Talentia provides its own Talentia Data Integration Platform based on Azure Data Factory to integrate with source systems. Talentia is a web application that works with the latest versions of all modern browsers, and uses integrations with Microsoft Excel, PowerPoint and Word to pull and push data into Talentia. The platform provides security and control mechanisms that allow users to control access to data and functionality.

Talentia supports the consolidation of financial statements (management and statutory) according to local and international consolidation standards, intercompany reconciliation and close. Built-in controls ensure data validity, consistency and quality. Data can be securely collected from disparate sources. Talentia automates the production of consolidated schedules and financial reports in Microsoft Word and XBRL formats. Talentia Disclosure Management provides an intuitive and collaborative tool for creating and publishing financial reports and documents that comply with local and international regulations.

For planning, budgeting and forecasting, Talentia provides a planning platform with workflow support and collaboration capabilities. Its flexibility allows customers to address various planning topics on a common platform, with different levels of aggregation (e.g., strategic as well as operational planning) for an integrated business planning approach (including financial planning). It provides comprehensive functionality to support top-down, bottom-up and mixed planning processes. All the key stages of the planning process are covered, from modeling to data collection and forecasting automation, including budget aggregation and simulation.

Talentia CPM provides functionality for analysis and reporting through Excel dashboards and OLAP multidimensional analysis to evaluate corporate performance and optimize key processes. As a front end for multidimensional analysis, Serviceware Performance AL (formerly known as IBM Cognos Executive Viewer) is integrated in Talentia CPM and offers comprehensive functionality for web-based, dynamic OLAP analyses, ad hoc reporting and data visualization.