What users are saying about
3 Ratings
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Top Rated
55 Ratings
3 Ratings
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Score 8 out of 100

Wolters Kluwer CCH® Tagetik

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Top Rated
55 Ratings
<a href='https://www.trustradius.com/static/about-trustradius-scoring' target='_blank' rel='nofollow noopener'>trScore algorithm: Learn more.</a>
Score 8 out of 100

Likelihood to Recommend

Axiom EPM

Axiom is ideal for organizations with multiple departments that need to collect, share, and integrate data from common internal data sources. The product is best for very large organizations with a lot of financial backing. I wouldn't suggest using Axiom if you're a small organization or only one department, for example.
Anonymous | TrustRadius Reviewer

Wolters Kluwer CCH® Tagetik

Globally, CCH Tagetik is at ease when dealing with financial data provided you are confident with your master data. We use it for Enterprise Performance Management and financial data analysis, drill-down functionalities are of great help. Colleagues at SNCF appreciate the allocation module but we do not have implemented it yet.
Lionel Maillet | TrustRadius Reviewer

Feature Rating Comparison

Budgeting, Planning, and Forecasting

Axiom EPM
8.5
Wolters Kluwer CCH® Tagetik
8.0
Long-term financial planning
Axiom EPM
9.0
Wolters Kluwer CCH® Tagetik
8.0
Financial budgeting
Axiom EPM
9.0
Wolters Kluwer CCH® Tagetik
7.1
Forecasting
Axiom EPM
8.0
Wolters Kluwer CCH® Tagetik
8.0
Scenario modeling
Axiom EPM
8.0
Wolters Kluwer CCH® Tagetik
8.1
Management reporting
Axiom EPM
Wolters Kluwer CCH® Tagetik
8.9

Consolidation and Close

Axiom EPM
9.7
Wolters Kluwer CCH® Tagetik
8.0
Financial data consolidation
Axiom EPM
10.0
Wolters Kluwer CCH® Tagetik
8.9
Local and consolidated reporting
Axiom EPM
9.0
Wolters Kluwer CCH® Tagetik
8.9
Detailed Audit Trails
Axiom EPM
10.0
Wolters Kluwer CCH® Tagetik
7.5
Journal entries and reports
Axiom EPM
Wolters Kluwer CCH® Tagetik
7.3
Multi-currency management
Axiom EPM
Wolters Kluwer CCH® Tagetik
8.1
Intercompany Eliminations
Axiom EPM
Wolters Kluwer CCH® Tagetik
7.8
Minority Ownership
Axiom EPM
Wolters Kluwer CCH® Tagetik
7.5

Financial Reporting and Compliance

Axiom EPM
8.3
Wolters Kluwer CCH® Tagetik
8.7
Financial Statement Reporting
Axiom EPM
8.0
Wolters Kluwer CCH® Tagetik
8.9
Management Reporting
Axiom EPM
8.0
Wolters Kluwer CCH® Tagetik
8.9
Excel-based Reporting
Axiom EPM
9.0
Wolters Kluwer CCH® Tagetik
8.9
Automated board and financial reporting
Axiom EPM
8.0
Wolters Kluwer CCH® Tagetik
9.0
XBRL support for regulatory filing
Axiom EPM
Wolters Kluwer CCH® Tagetik
8.0

Analytics

Axiom EPM
8.7
Wolters Kluwer CCH® Tagetik
7.7
Personalized dashboards
Axiom EPM
9.0
Wolters Kluwer CCH® Tagetik
7.3
Cost and profitability analysis
Axiom EPM
8.0
Wolters Kluwer CCH® Tagetik
8.0
Benchmarking with external data
Axiom EPM
9.0
Wolters Kluwer CCH® Tagetik
7.7
Color-coded scorecards
Axiom EPM
Wolters Kluwer CCH® Tagetik
8.0
KPIs
Axiom EPM
Wolters Kluwer CCH® Tagetik
8.0
Key Performance Indicator setting
Axiom EPM
Wolters Kluwer CCH® Tagetik
7.1

Integration

Axiom EPM
9.0
Wolters Kluwer CCH® Tagetik
8.1
Flat file integration
Axiom EPM
9.0
Wolters Kluwer CCH® Tagetik
8.1
Excel data integration
Axiom EPM
9.0
Wolters Kluwer CCH® Tagetik
8.9
Direct links to 3rd-party data sources
Axiom EPM
9.0
Wolters Kluwer CCH® Tagetik
7.4

BI Standard Reporting

Axiom EPM
Wolters Kluwer CCH® Tagetik
7.1
Pixel Perfect reports
Axiom EPM
Wolters Kluwer CCH® Tagetik
7.3
Customizable dashboards
Axiom EPM
Wolters Kluwer CCH® Tagetik
5.9
Report Formatting Templates
Axiom EPM
Wolters Kluwer CCH® Tagetik
8.2

Ad-hoc Reporting

Axiom EPM
Wolters Kluwer CCH® Tagetik
7.2
Drill-down analysis
Axiom EPM
Wolters Kluwer CCH® Tagetik
7.8
Formatting capabilities
Axiom EPM
Wolters Kluwer CCH® Tagetik
6.9
Integration with R or other statistical packages
Axiom EPM
Wolters Kluwer CCH® Tagetik
7.1
Report sharing and collaboration
Axiom EPM
Wolters Kluwer CCH® Tagetik
7.1

Report Output and Scheduling

Axiom EPM
Wolters Kluwer CCH® Tagetik
7.4
Publish to Web
Axiom EPM
Wolters Kluwer CCH® Tagetik
7.6
Publish to PDF
Axiom EPM
Wolters Kluwer CCH® Tagetik
7.4
Report Versioning
Axiom EPM
Wolters Kluwer CCH® Tagetik
7.3
Report Delivery Scheduling
Axiom EPM
Wolters Kluwer CCH® Tagetik
7.2

Data Discovery and Visualization

Axiom EPM
Wolters Kluwer CCH® Tagetik
7.7
Pre-built visualization formats (heatmaps, scatter plots etc.)
Axiom EPM
Wolters Kluwer CCH® Tagetik
7.7
Location Analytics / Geographic Visualization
Axiom EPM
Wolters Kluwer CCH® Tagetik
7.3
Predictive Analytics
Axiom EPM
Wolters Kluwer CCH® Tagetik
8.2

Access Control and Security

Axiom EPM
Wolters Kluwer CCH® Tagetik
7.8
Multi-User Support (named login)
Axiom EPM
Wolters Kluwer CCH® Tagetik
8.0
Role-Based Security Model
Axiom EPM
Wolters Kluwer CCH® Tagetik
8.1
Multiple Access Permission Levels (Create, Read, Delete)
Axiom EPM
Wolters Kluwer CCH® Tagetik
7.8
Single Sign-On (SSO)
Axiom EPM
Wolters Kluwer CCH® Tagetik
7.4

Mobile Capabilities

Axiom EPM
Wolters Kluwer CCH® Tagetik
7.3
Responsive Design for Web Access
Axiom EPM
Wolters Kluwer CCH® Tagetik
7.3
Dashboard / Report / Visualization Interactivity on Mobile
Axiom EPM
Wolters Kluwer CCH® Tagetik
7.3

Pros

Axiom EPM

  • Compared to a previous EPM we used, Axiom's template load and saving performance has been much better even for large plan files.
  • Axiom consultants can create completely customized reports for any of the collected data. Super users within your organization can then fairly easily modify their work to create additional reports without Axiom's help (and invoices)
  • Setting up user security is a fairly easy one-time task and very easy to maintain when people change departments, leave the organization, etc. I would recommend you use role-based security settings.
  • Compared to our previous EPM, Axiom allows more customization and possibilities for templates. There's very few "the product can't do that" statements.
Anonymous | TrustRadius Reviewer

Wolters Kluwer CCH® Tagetik

  • Reports can be setup using multiple Hierarchy for various requirements.
  • Reclassification be pre determine before the final report output.
  • Workflow system to ease the lineage of how each report is formed and generated.
  • It can be served as a one true source system.
Anonymous | TrustRadius Reviewer

Cons

Axiom EPM

  • Unfortunately, Axiom only assigned two implementation consultants to our massive project and both were completely new to the product and inexperienced.
  • This isn't really a fault of Axiom, but your organization's data has to be perfect before implementing Axiom. You need a strong project manager within your organization to take the lead in working with Axiom. They should be very familiar with the source data and what's important to all your internal stakeholders. The Axiom team needs to be clearly told exactly what you need from them.
  • We never truly felt confident anyone from Axiom was really familiar with the source tables and data being used. I would suggest in any project they make that a priority early on. Not being familiar with the data caused a list of issues regarding reporting and template construction.
Anonymous | TrustRadius Reviewer

Wolters Kluwer CCH® Tagetik

  • Until you get familiar with the software, screens, buttons, etc, are not necessarily intuitive. It just takes time
  • Without being involved in the implementation process. A new user might have some difficulty getting up to speed on writing reports and using the system.
  • Having a liaison at CCH Tagetik that really understands our business needs so they can help guide us at various stages on implementing parts of CCH Tagetik that we may not be aware of.
Susan Heffern | TrustRadius Reviewer

Likelihood to Renew

Axiom EPM

No score
No answers yet
No answers on this topic

Wolters Kluwer CCH® Tagetik

Wolters Kluwer CCH® Tagetik 6.9
Based on 6 answers
Based on our business requirements, its current implementation and way of use (in terms of the efficiceny) it's more than certain that we will renew our contract with CCH Tagetik. CCH Tagetik increased our efficiency regarding reporting and provides more features which made it easier to take decisions.Besides of that, it provided he best solutions for reporting according to the Solvency II standards. Since this is still the case, it is also a reason to stay with CCH Tagetik.
Arshak Shamoun | TrustRadius Reviewer

Usability

Axiom EPM

No score
No answers yet
No answers on this topic

Wolters Kluwer CCH® Tagetik

Wolters Kluwer CCH® Tagetik 7.4
Based on 12 answers
On a general level, it is a flexible, streamlined system, that can integrate operational data with accounting data for a better financial overview and budget planning.Reporting wise, the types and the amount of data analysis available or that can be created are close to endless. Having a quicker, more flexible way of analysing data certainly means better, faster reporting and better use of the data itself.
Lara Giunia Aita | TrustRadius Reviewer

Reliability and Availability

Axiom EPM

No score
No answers yet
No answers on this topic

Wolters Kluwer CCH® Tagetik

Wolters Kluwer CCH® Tagetik 9.1
Based on 1 answer
CCH Tagetik has alwyas been there in case we need help. In almost 20 years of commercial relationship, I have no evidence of times in which they were not available to answer a question or to solve an issue linked to their products, timely and efficiently.
Alessandro MANTINI | TrustRadius Reviewer

Performance

Axiom EPM

No score
No answers yet
No answers on this topic

Wolters Kluwer CCH® Tagetik

Wolters Kluwer CCH® Tagetik 7.3
Based on 1 answer
As you can see, speed depends on the applications but also on the hardware that runs them. As far as CCH Tagetik improved, we saw the benefit of a cloud-based solution which could solve many speed performance issues.
Alessandro MANTINI | TrustRadius Reviewer

Support Rating

Axiom EPM

Axiom EPM 7.0
Based on 1 answer
For the scale of our implementation, Axiom only assigned two consultants who were both completely new to the company. It felt like we were all learning about the product together, when you would expect them to already be experts at their own product. The team also made a good bit of mistakes throughout production and go-live, which then caused more work internally for us. The team lead for our project also just left the company, so we'll see how next year's planning goes
Anonymous | TrustRadius Reviewer

Wolters Kluwer CCH® Tagetik

Wolters Kluwer CCH® Tagetik 10.0
Based on 9 answers
I have had the pleasure of attending some courses at the dutch offices of CCH Tagetik. These were very educational with excellent trainers, a very enjoyable accomodation and they helped me a lot with regards to starting to use CCH Tagetik.
Hugo Bongers | TrustRadius Reviewer

In-Person Training

Axiom EPM

No score
No answers yet
No answers on this topic

Wolters Kluwer CCH® Tagetik

Wolters Kluwer CCH® Tagetik 8.2
Based on 1 answer
CCH Tagetik consultants are skilled, prepared and really helpful. They can also count on a network of external partners which we have also take advantage of.
Alessandro MANTINI | TrustRadius Reviewer

Online Training

Axiom EPM

No score
No answers yet
No answers on this topic

Wolters Kluwer CCH® Tagetik

Wolters Kluwer CCH® Tagetik 8.2
Based on 1 answer
Online training is the only form of training we could deploy during the pandemic. This service has been nonethless delivered with the same standards and the same results of the traditional training procedures.
Alessandro MANTINI | TrustRadius Reviewer

Implementation Rating

Axiom EPM

No score
No answers yet
No answers on this topic

Wolters Kluwer CCH® Tagetik

Wolters Kluwer CCH® Tagetik 6.4
Based on 4 answers
We had some change management issues that are still unresolved, but they were not caused by the application itself. As any other innovative and performing application CCH Tagetik requires a strong change of your actual mindset in order to achieve the requested results.
Alessandro MANTINI | TrustRadius Reviewer

Alternatives Considered

Axiom EPM

Vena was a strong product, but only our department within the University used it for budgeting. The entire university chose Axiom for the increased scale and capacity. The loading and saving performance of Axiom is slightly better than Vena. Also, Axiom provides more template and report customization. Vena definitely excelled more in their support and staffing and was much cheaper (so I'm told) than Axiom
Anonymous | TrustRadius Reviewer

Wolters Kluwer CCH® Tagetik

I found the Excel piece of IBM Cognos TM1 to be easier to use than CCH Tagetik. It was much easier to customize the data being pulled and the feel of the reports because of that. Other than that, CCH Tagetik has been more user friendly than IBM Cognos TM1. Navigating within the application is much easier. IBM Cognos TM1 had a lot of issues with certain modules that could not be open concurrently; this would often lead to phantom data being entered in the system. I have not had these issues with CCH Tagetik.
Daniel Rizzo | TrustRadius Reviewer

Scalability

Axiom EPM

No score
No answers yet
No answers on this topic

Wolters Kluwer CCH® Tagetik

Wolters Kluwer CCH® Tagetik 8.2
Based on 1 answer
A good and performing scalability both on a geographical and a legal entity scale. The link with MS Office suite allows an easy deployment of the application, especially for contributors.
Alessandro MANTINI | TrustRadius Reviewer

Return on Investment

Axiom EPM

  • This is only the first year of implementation for the university, so the ROI is yet to be fully seen. For our department, which is the largest in the university, I think the ROI has been fairly high as our users have had more built-in resources within their plan files than they had previously.
Anonymous | TrustRadius Reviewer

Wolters Kluwer CCH® Tagetik

  • Ror us it represented a cheap solution first because it is "the" solution to build our own specific applications for our business needs.
  • Cheap solution and fewer Investments (respects other vendors) to manage regulatory requirements in the European insurance industry (solvency II).
  • It is a solution well understood by all different company departments.
Cesare Schiarea | TrustRadius Reviewer

Screenshots

Pricing Details

Axiom EPM

General

Free Trial
Free/Freemium Version
Premium Consulting/Integration Services
Yes
Entry-level set up fee?
No

Wolters Kluwer CCH® Tagetik

General

Free Trial
Free/Freemium Version
Premium Consulting/Integration Services
Yes
Entry-level set up fee?
No

Rating Summary

Likelihood to Recommend

Axiom EPM
7.0
Wolters Kluwer CCH® Tagetik
7.8

Likelihood to Renew

Axiom EPM
Wolters Kluwer CCH® Tagetik
6.9

Usability

Axiom EPM
Wolters Kluwer CCH® Tagetik
7.4

Reliability and Availability

Axiom EPM
Wolters Kluwer CCH® Tagetik
9.1

Performance

Axiom EPM
Wolters Kluwer CCH® Tagetik
7.3

Support Rating

Axiom EPM
7.0
Wolters Kluwer CCH® Tagetik
10.0

In-Person Training

Axiom EPM
Wolters Kluwer CCH® Tagetik
8.2

Online Training

Axiom EPM
Wolters Kluwer CCH® Tagetik
8.2

Implementation Rating

Axiom EPM
Wolters Kluwer CCH® Tagetik
6.4

Scalability

Axiom EPM
Wolters Kluwer CCH® Tagetik
8.2

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