Great for financial consoldiation reporting!
September 25, 2015
Great for financial consoldiation reporting!
Score 7 out of 10
Vetted Review
Verified User
Software Version
4.2.1.3
Overall Satisfaction with Wolters Kluwer (CCH Tagetik)
Our organization uses CCH Tagetik as a financial reporting tool for everyone in our company to have access to their financial statements as we have limited access to our ERP system outside of the accounting department. CCH Tagetik has proven to be incredibly useful to our parent company which consolidates the trial balance and financial statements of various types of companies including varying GL accounts, business models and areas of focus. By having the financial reporting tool, we are able to better streamline the end financial reports resulting in gained efficiencies in our monthly and quarterly close.
- Financial reporting consolidation
- Account mapping
- Multi dimension analysis
- Error messages are in Italian
- Usability is not intuitive
- A lot of background setup by consultant needed to implement
- Improved transparency into the financial results on a more real time basis