Axiom Software by Syntellis Performance Solutions vs. Wolters Kluwer CCH® Tagetik

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Axiom Software by Syntellis Performance Solutions
Score 7.8 out of 10
Enterprise companies (1,001+ employees)
Syntellis Performance Solutions provides enterprise performance management software, data and analytics solution for healthcare organizations, financial institutions, and higher education institutions. Axiom arms finance teams and executives with tools for budgeting, forecasting, planning, and reporting, so they can analyze results, model the future, and make more strategic decisions. Their solutions include enterprise planning, cost and decision support, and financial and clinical…N/A
Wolters Kluwer CCH® Tagetik
Score 8.0 out of 10
N/A
Tagetik is a corporate performance management solution that unifies budgeting, financial planning, consolidation and management reporting. Tagetik is offered as SaaS, on a private cloud, or on-premise, and can migrate between deployments as needed.N/A
Pricing
Axiom Software by Syntellis Performance SolutionsWolters Kluwer CCH® Tagetik
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
Axiom Software by Syntellis Performance SolutionsWolters Kluwer CCH® Tagetik
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
YesYes
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Community Pulse
Axiom Software by Syntellis Performance SolutionsWolters Kluwer CCH® Tagetik
Top Pros
Top Cons
Features
Axiom Software by Syntellis Performance SolutionsWolters Kluwer CCH® Tagetik
Budgeting, Planning, and Forecasting
Comparison of Budgeting, Planning, and Forecasting features of Product A and Product B
Axiom Software by Syntellis Performance Solutions
5.9
6 Ratings
33% below category average
Wolters Kluwer CCH® Tagetik
8.4
47 Ratings
2% above category average
Long-term financial planning5.74 Ratings8.333 Ratings
Financial budgeting7.76 Ratings8.241 Ratings
Forecasting5.75 Ratings8.638 Ratings
Scenario modeling3.85 Ratings8.133 Ratings
Management reporting6.45 Ratings8.745 Ratings
Consolidation and Close
Comparison of Consolidation and Close features of Product A and Product B
Axiom Software by Syntellis Performance Solutions
4.4
5 Ratings
57% below category average
Wolters Kluwer CCH® Tagetik
8.3
43 Ratings
5% above category average
Financial data consolidation2.93 Ratings8.937 Ratings
Local and consolidated reporting5.55 Ratings9.041 Ratings
Detailed Audit Trails4.85 Ratings7.433 Ratings
Journal entries and reports00 Ratings8.535 Ratings
Multi-currency management00 Ratings9.232 Ratings
Intercompany Eliminations00 Ratings8.535 Ratings
Minority Ownership00 Ratings6.728 Ratings
Financial Reporting and Compliance
Comparison of Financial Reporting and Compliance features of Product A and Product B
Axiom Software by Syntellis Performance Solutions
5.1
6 Ratings
46% below category average
Wolters Kluwer CCH® Tagetik
8.4
47 Ratings
3% above category average
Financial Statement Reporting6.85 Ratings9.039 Ratings
Management Reporting5.65 Ratings8.945 Ratings
Excel-based Reporting5.15 Ratings7.747 Ratings
Automated board and financial reporting4.04 Ratings8.132 Ratings
XBRL support for regulatory filing4.22 Ratings8.218 Ratings
Analytics and Reporting
Comparison of Analytics and Reporting features of Product A and Product B
Axiom Software by Syntellis Performance Solutions
3.8
5 Ratings
72% below category average
Wolters Kluwer CCH® Tagetik
8.0
31 Ratings
1% below category average
Personalized dashboards3.85 Ratings7.926 Ratings
Color-coded scorecards4.84 Ratings7.720 Ratings
KPIs5.14 Ratings8.524 Ratings
Cost and profitability analysis1.03 Ratings8.222 Ratings
Key Performance Indicator setting4.63 Ratings7.922 Ratings
Benchmarking with external data3.63 Ratings8.014 Ratings
Integration
Comparison of Integration features of Product A and Product B
Axiom Software by Syntellis Performance Solutions
6.0
5 Ratings
31% below category average
Wolters Kluwer CCH® Tagetik
8.3
44 Ratings
1% above category average
Flat file integration5.05 Ratings8.238 Ratings
Excel data integration8.44 Ratings9.042 Ratings
Direct links to 3rd-party data sources4.64 Ratings7.729 Ratings
BI Standard Reporting
Comparison of BI Standard Reporting features of Product A and Product B
Axiom Software by Syntellis Performance Solutions
-
Ratings
Wolters Kluwer CCH® Tagetik
8.2
10 Ratings
4% above category average
Pixel Perfect reports00 Ratings8.07 Ratings
Customizable dashboards00 Ratings8.68 Ratings
Report Formatting Templates00 Ratings8.29 Ratings
Ad-hoc Reporting
Comparison of Ad-hoc Reporting features of Product A and Product B
Axiom Software by Syntellis Performance Solutions
-
Ratings
Wolters Kluwer CCH® Tagetik
8.2
21 Ratings
0% below category average
Drill-down analysis00 Ratings8.321 Ratings
Formatting capabilities00 Ratings8.421 Ratings
Integration with R or other statistical packages00 Ratings7.77 Ratings
Report sharing and collaboration00 Ratings8.313 Ratings
Report Output and Scheduling
Comparison of Report Output and Scheduling features of Product A and Product B
Axiom Software by Syntellis Performance Solutions
-
Ratings
Wolters Kluwer CCH® Tagetik
8.1
13 Ratings
1% below category average
Publish to Web00 Ratings8.39 Ratings
Publish to PDF00 Ratings8.212 Ratings
Report Versioning00 Ratings7.912 Ratings
Report Delivery Scheduling00 Ratings7.99 Ratings
Data Discovery and Visualization
Comparison of Data Discovery and Visualization features of Product A and Product B
Axiom Software by Syntellis Performance Solutions
-
Ratings
Wolters Kluwer CCH® Tagetik
8.5
7 Ratings
12% above category average
Pre-built visualization formats (heatmaps, scatter plots etc.)00 Ratings7.96 Ratings
Location Analytics / Geographic Visualization00 Ratings8.04 Ratings
Predictive Analytics00 Ratings8.86 Ratings
Pattern Recognition and Data Mining00 Ratings9.11 Ratings
Access Control and Security
Comparison of Access Control and Security features of Product A and Product B
Axiom Software by Syntellis Performance Solutions
-
Ratings
Wolters Kluwer CCH® Tagetik
8.3
20 Ratings
4% below category average
Multi-User Support (named login)00 Ratings8.820 Ratings
Role-Based Security Model00 Ratings8.419 Ratings
Multiple Access Permission Levels (Create, Read, Delete)00 Ratings8.220 Ratings
Report-Level Access Control00 Ratings7.93 Ratings
Single Sign-On (SSO)00 Ratings8.214 Ratings
Mobile Capabilities
Comparison of Mobile Capabilities features of Product A and Product B
Axiom Software by Syntellis Performance Solutions
-
Ratings
Wolters Kluwer CCH® Tagetik
6.8
9 Ratings
13% below category average
Responsive Design for Web Access00 Ratings5.98 Ratings
Dashboard / Report / Visualization Interactivity on Mobile00 Ratings7.76 Ratings
Best Alternatives
Axiom Software by Syntellis Performance SolutionsWolters Kluwer CCH® Tagetik
Small Businesses
IBM Planning Analytics
IBM Planning Analytics
Score 7.4 out of 10
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IBM Planning Analytics
Score 7.4 out of 10
Medium-sized Companies
Centage
Centage
Score 9.6 out of 10
Centage
Centage
Score 9.6 out of 10
Enterprises
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Oracle Fusion Cloud ERP
Score 7.7 out of 10
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User Ratings
Axiom Software by Syntellis Performance SolutionsWolters Kluwer CCH® Tagetik
Likelihood to Recommend
5.6
(6 ratings)
8.3
(48 ratings)
Likelihood to Renew
-
(0 ratings)
8.3
(10 ratings)
Usability
-
(0 ratings)
8.2
(14 ratings)
Availability
-
(0 ratings)
7.3
(2 ratings)
Performance
-
(0 ratings)
9.1
(2 ratings)
Support Rating
7.0
(1 ratings)
10.0
(5 ratings)
In-Person Training
-
(0 ratings)
6.4
(2 ratings)
Online Training
-
(0 ratings)
8.2
(1 ratings)
Implementation Rating
-
(0 ratings)
6.4
(2 ratings)
Configurability
-
(0 ratings)
7.3
(1 ratings)
Product Scalability
-
(0 ratings)
9.1
(2 ratings)
Vendor post-sale
-
(0 ratings)
7.3
(2 ratings)
Vendor pre-sale
-
(0 ratings)
8.2
(2 ratings)
User Testimonials
Axiom Software by Syntellis Performance SolutionsWolters Kluwer CCH® Tagetik
Likelihood to Recommend
Syntellis Performance Solutions (formerly Kaufman Hall Software)
Axiom is extremely well suited to optimize the Budget process. Using Axiom, we have cut our overall budget cycle time in half and have a much higher level of accuracy in all facets of the Budget including Fee Income, Expense, and Margin. Axiom is also well suited for advanced data users as you have the ability to create your own custom database tables which allows you to join to the existing Axiom tables and has allowed us to create custom reporting that we could not even think about on our previous system. The other big benefit of Axiom is that it sits on top of Microsoft Excel and inherits all of its functionality, which most people have experience with.
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Wolters Kluwer CCH® Tagetik
Scenarios where CCH Tagetik is suitable is when a company have large amounts of data and want to transform, consolidate, store and produce reporting in different year, period etc with complex calculations and allocation. Tagetik is the tool for you in this case and it's very flexible in terms of creating your own business rule, calculation and reporting options with a user friendly interface. I have not thought about scenarios where it is not appropriate to use tagetik yet as the tool covers small and large business financial needs
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Pros
Syntellis Performance Solutions (formerly Kaufman Hall Software)
  • 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.
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Wolters Kluwer CCH® Tagetik
  • Processes are clearly described in CCH Tagetik ; users can easily find where they are and which action they have to make
  • Interaction with Excel is really fluid ; the Excel add-in is easy to deploy and to updgrade, in the hand of users. It is reliable provided the internet connection is fast.
  • Managing hierachies is obvious in CCH Tagetik. Hierarchies are fundamental for a good reporting ; CCH Tagetik has obviously a deep experience of this feature.
  • SaaS : our experience with CCH Tagetik is of only 1 year, but it technically performs well, the system is reponsive, no shut-down, and updates (every quarter) do not disturb production.
  • AIH seems to be able to manage very large quantity of data, and to provide advanced analysis functionalities. We did not have time to explore them.
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Cons
Syntellis Performance Solutions (formerly Kaufman Hall Software)
  • Implementation is quite Complex and requires both IT and Financial buy-in
  • Reporting solution has some learning curve for end users
  • Calculation methods within reporting can be opaque and hard to trace
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Wolters Kluwer CCH® Tagetik
  • Online help and manual is a bonus but could be improved e.g. the clarity of English explanations.
  • Improved Excel compatibility e.g. formula driven reporting and dash boarding.
  • Mobile phone connectivity e.g. launching a consolidation from a Wolters Kluwer CCH® Tagetik app.
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Likelihood to Renew
Syntellis Performance Solutions (formerly Kaufman Hall Software)
No answers on this topic
Wolters Kluwer CCH® Tagetik
Because in my oppinion Wolters Kluwer CCH Tagetik is one of the most usable tools for consolidation, planning (controlling) and reporting. Its usability is quite easy and innovative. I like the data entry method for the customers with its workflow and tasks, quite easy way to implement a co pilot. And i like the reporting tool, with a lot of customization opportunities.
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Usability
Syntellis Performance Solutions (formerly Kaufman Hall Software)
No answers on this topic
Wolters Kluwer CCH® Tagetik
Surprisingly, this platform is a powerhouse ERP system. However, given time, when more and more organization is able to identify how powerful this tool can be, CCH Tagetik is able to stand as a competitive advantage to many of the Financial industry of today. Although, it needs time to understand the logic behind how CCH Tagetik is formed and setup, once it is known to the user, it is an easy day to day operations with minimal maintenance.
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Reliability and Availability
Syntellis Performance Solutions (formerly Kaufman Hall Software)
No answers on this topic
Wolters Kluwer CCH® Tagetik
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.
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Performance
Syntellis Performance Solutions (formerly Kaufman Hall Software)
No answers on this topic
Wolters Kluwer CCH® Tagetik
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.
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Support Rating
Syntellis Performance Solutions (formerly Kaufman Hall Software)
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
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Wolters Kluwer CCH® Tagetik
I got very quick respons. After very little mail iterations, they decided to have online meeting to look together with me to the issue. They tried to solve it during the meeting. I had the impression that the customer care person really knew the system and was able to ask help from other colleagues when needed
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In-Person Training
Syntellis Performance Solutions (formerly Kaufman Hall Software)
No answers on this topic
Wolters Kluwer CCH® Tagetik
the training was not bad, but we got more training from working with the consultants. This because it is based on our system
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Online Training
Syntellis Performance Solutions (formerly Kaufman Hall Software)
No answers on this topic
Wolters Kluwer CCH® Tagetik
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.
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Implementation Rating
Syntellis Performance Solutions (formerly Kaufman Hall Software)
No answers on this topic
Wolters Kluwer CCH® Tagetik
we did it in a coaching model. This allowed us to have 2 key advantages: we got to know the system very well and managed to save on the implementation cost. This worked well, was maybe a bit slower since we had to do this in our spare time. Nevertheless I strongly recommand
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Alternatives Considered
Syntellis Performance Solutions (formerly Kaufman Hall Software)
Axiom was selected based on the impression of ease of use and integration. It is capable of holding all of our entities data while giving us an easier more accessible way to deliver monthly Financials and reports to managers. Then in costing we signed up because the impression of budgeting.
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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.
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Scalability
Syntellis Performance Solutions (formerly Kaufman Hall Software)
No answers on this topic
Wolters Kluwer CCH® Tagetik
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.
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Return on Investment
Syntellis Performance Solutions (formerly Kaufman Hall Software)
  • Forecasting has improved
  • Complexity of analysis has improved as well
  • Our main data has been confused as we started using Axiom
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Wolters Kluwer CCH® Tagetik
  • Gave us a tool that can absolutely grow with us to help multi phase implementations.
  • A significant time savings in terms of the amount of time we used to spend running reports vs. the time we spend now. Unbelievable improvement.
  • Gives us the option to use CCH Tagetik to solve business problems that perhaps we didn't have when we implemented CCH Tagetik. It gives us options without the possibility of implementing a whole other software package.
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ScreenShots

Wolters Kluwer CCH® Tagetik Screenshots

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