Oracle Fusion Cloud Enterprise Performance Management vs. Wolters Kluwer CCH® Tagetik

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Oracle Fusion Cloud Enterprise Performance Management
Score 7.2 out of 10
N/A
Oracle Fusion Cloud Enterprise Performance Management (EPM) is a solution that helps users model and plan across finance, HR, supply chain, and sales, streamline the financial close process. Oracle Cloud Enterprise Performance Management (EPM) Platform is a framework of the technical and functional components shared among Cloud EPM processes.
$250
per user/per month
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
Oracle Fusion Cloud Enterprise Performance ManagementWolters Kluwer CCH® Tagetik
Editions & Modules
EPM Standard
$250
per user/per month
EPM Enterprise
$500
per user/per month
No answers on this topic
Offerings
Pricing Offerings
Oracle Fusion Cloud Enterprise Performance ManagementWolters Kluwer CCH® Tagetik
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
YesYes
Entry-level Setup FeeNo setup feeNo setup fee
Additional DetailsPricing per user varies by component within the Oracle EPM Cloud solution. Please see pricing information for the EPM Cloud components on cloud.oracle.com or contact Oracle Sales at +1.800.633.0738.
More Pricing Information
Community Pulse
Oracle Fusion Cloud Enterprise Performance ManagementWolters Kluwer CCH® Tagetik
Considered Both Products
Oracle Fusion Cloud Enterprise Performance Management
Chose Oracle Fusion Cloud Enterprise Performance Management
Oracle Cloud EPM is the more useful application. It also provides more functions and possibilities.
Wolters Kluwer CCH® Tagetik
Chose Wolters Kluwer CCH® Tagetik
Oracle Essbase is another EPM software that we used but compared to Tagetik, it's not user friendly and the creation of dimensions and describing rules are more technically difficult. Drill down and analysis are not as easy as double clicking on Cch tagetik for immediate …
Top Pros
Top Cons
Features
Oracle Fusion Cloud Enterprise Performance ManagementWolters Kluwer CCH® Tagetik
BI Standard Reporting
Comparison of BI Standard Reporting features of Product A and Product B
Oracle Fusion Cloud Enterprise Performance Management
5.6
3 Ratings
36% below category average
Wolters Kluwer CCH® Tagetik
8.5
9 Ratings
5% above category average
Pixel Perfect reports8.12 Ratings8.06 Ratings
Customizable dashboards4.43 Ratings9.17 Ratings
Report Formatting Templates4.43 Ratings8.58 Ratings
Ad-hoc Reporting
Comparison of Ad-hoc Reporting features of Product A and Product B
Oracle Fusion Cloud Enterprise Performance Management
9.2
23 Ratings
10% above category average
Wolters Kluwer CCH® Tagetik
8.1
20 Ratings
3% below category average
Drill-down analysis9.722 Ratings8.220 Ratings
Formatting capabilities9.521 Ratings8.420 Ratings
Report sharing and collaboration8.419 Ratings8.212 Ratings
Integration with R or other statistical packages00 Ratings7.77 Ratings
Report Output and Scheduling
Comparison of Report Output and Scheduling features of Product A and Product B
Oracle Fusion Cloud Enterprise Performance Management
9.0
19 Ratings
10% above category average
Wolters Kluwer CCH® Tagetik
8.1
12 Ratings
1% below category average
Publish to Web9.016 Ratings8.58 Ratings
Publish to PDF8.919 Ratings8.211 Ratings
Report Versioning9.017 Ratings7.911 Ratings
Report Delivery Scheduling9.015 Ratings7.98 Ratings
Data Discovery and Visualization
Comparison of Data Discovery and Visualization features of Product A and Product B
Oracle Fusion Cloud Enterprise Performance Management
5.9
3 Ratings
26% below category average
Wolters Kluwer CCH® Tagetik
8.4
7 Ratings
9% above category average
Pre-built visualization formats (heatmaps, scatter plots etc.)6.03 Ratings7.86 Ratings
Location Analytics / Geographic Visualization6.83 Ratings7.94 Ratings
Predictive Analytics5.13 Ratings8.76 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
Oracle Fusion Cloud Enterprise Performance Management
9.2
24 Ratings
5% above category average
Wolters Kluwer CCH® Tagetik
8.1
19 Ratings
8% below category average
Multi-User Support (named login)9.020 Ratings8.619 Ratings
Role-Based Security Model9.323 Ratings8.618 Ratings
Multiple Access Permission Levels (Create, Read, Delete)8.920 Ratings8.019 Ratings
Single Sign-On (SSO)9.321 Ratings7.613 Ratings
Report-Level Access Control00 Ratings7.92 Ratings
Mobile Capabilities
Comparison of Mobile Capabilities features of Product A and Product B
Oracle Fusion Cloud Enterprise Performance Management
7.2
2 Ratings
11% below category average
Wolters Kluwer CCH® Tagetik
7.0
9 Ratings
13% below category average
Responsive Design for Web Access6.22 Ratings6.48 Ratings
Dashboard / Report / Visualization Interactivity on Mobile00 Ratings7.76 Ratings
Budgeting, Planning, and Forecasting
Comparison of Budgeting, Planning, and Forecasting features of Product A and Product B
Oracle Fusion Cloud Enterprise Performance Management
8.8
38 Ratings
6% above category average
Wolters Kluwer CCH® Tagetik
8.4
46 Ratings
1% above category average
Long-term financial planning9.230 Ratings8.432 Ratings
Financial budgeting9.738 Ratings8.140 Ratings
Forecasting8.937 Ratings8.737 Ratings
Scenario modeling8.635 Ratings8.233 Ratings
Management reporting7.833 Ratings8.844 Ratings
Consolidation and Close
Comparison of Consolidation and Close features of Product A and Product B
Oracle Fusion Cloud Enterprise Performance Management
9.1
20 Ratings
12% above category average
Wolters Kluwer CCH® Tagetik
8.7
42 Ratings
7% above category average
Financial data consolidation9.817 Ratings9.236 Ratings
Journal entries and reports9.714 Ratings8.734 Ratings
Multi-currency management8.913 Ratings9.531 Ratings
Intercompany Eliminations8.914 Ratings8.734 Ratings
Minority Ownership8.612 Ratings8.527 Ratings
Local and consolidated reporting9.716 Ratings9.040 Ratings
Detailed Audit Trails8.216 Ratings7.432 Ratings
Financial Reporting and Compliance
Comparison of Financial Reporting and Compliance features of Product A and Product B
Oracle Fusion Cloud Enterprise Performance Management
8.4
34 Ratings
2% above category average
Wolters Kluwer CCH® Tagetik
8.6
46 Ratings
4% above category average
Financial Statement Reporting9.629 Ratings9.038 Ratings
Management Reporting7.932 Ratings9.244 Ratings
Excel-based Reporting8.430 Ratings7.946 Ratings
Automated board and financial reporting7.828 Ratings8.231 Ratings
XBRL support for regulatory filing8.519 Ratings8.717 Ratings
Analytics and Reporting
Comparison of Analytics and Reporting features of Product A and Product B
Oracle Fusion Cloud Enterprise Performance Management
7.7
25 Ratings
4% below category average
Wolters Kluwer CCH® Tagetik
8.0
30 Ratings
1% below category average
Personalized dashboards8.225 Ratings8.025 Ratings
Color-coded scorecards7.73 Ratings7.219 Ratings
KPIs7.44 Ratings8.523 Ratings
Cost and profitability analysis6.74 Ratings8.321 Ratings
Key Performance Indicator setting8.124 Ratings8.121 Ratings
Benchmarking with external data8.024 Ratings8.014 Ratings
Integration
Comparison of Integration features of Product A and Product B
Oracle Fusion Cloud Enterprise Performance Management
9.1
36 Ratings
9% above category average
Wolters Kluwer CCH® Tagetik
8.4
43 Ratings
1% above category average
Flat file integration9.634 Ratings8.337 Ratings
Excel data integration9.632 Ratings9.041 Ratings
Direct links to 3rd-party data sources8.228 Ratings7.828 Ratings
Best Alternatives
Oracle Fusion Cloud Enterprise Performance ManagementWolters Kluwer CCH® Tagetik
Small Businesses
IBM Planning Analytics
IBM Planning Analytics
Score 8.4 out of 10
IBM Planning Analytics
IBM Planning Analytics
Score 8.4 out of 10
Medium-sized Companies
Centage
Centage
Score 9.6 out of 10
Centage
Centage
Score 9.6 out of 10
Enterprises
Oracle Fusion Cloud ERP
Oracle Fusion Cloud ERP
Score 8.2 out of 10
Oracle Fusion Cloud ERP
Oracle Fusion Cloud ERP
Score 8.2 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
Oracle Fusion Cloud Enterprise Performance ManagementWolters Kluwer CCH® Tagetik
Likelihood to Recommend
8.9
(46 ratings)
8.4
(47 ratings)
Likelihood to Renew
9.0
(3 ratings)
8.3
(10 ratings)
Usability
8.0
(1 ratings)
8.1
(14 ratings)
Availability
10.0
(1 ratings)
7.3
(2 ratings)
Performance
9.0
(1 ratings)
9.1
(2 ratings)
Support Rating
6.8
(3 ratings)
10.0
(5 ratings)
In-Person Training
-
(0 ratings)
6.4
(2 ratings)
Online Training
-
(0 ratings)
8.2
(1 ratings)
Implementation Rating
8.2
(16 ratings)
6.4
(2 ratings)
Configurability
5.0
(1 ratings)
7.3
(1 ratings)
Ease of integration
8.0
(1 ratings)
-
(0 ratings)
Product Scalability
8.0
(1 ratings)
9.1
(2 ratings)
Vendor post-sale
7.0
(1 ratings)
7.3
(2 ratings)
Vendor pre-sale
9.0
(1 ratings)
8.2
(2 ratings)
User Testimonials
Oracle Fusion Cloud Enterprise Performance ManagementWolters Kluwer CCH® Tagetik
Likelihood to Recommend
Oracle
It is well suited in a geographically distributed environment where you have various key participants in multiple time zones providing input and necessary explanations on performance and measured success It is less appropriate where you have a single office environment with a single finance department working together. It is also less suited when the GL is NOT an Oracle product and the interface between the GL and the reporting software needs to be implemented with utmost care and handling.
Read full review
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
Read full review
Pros
Oracle
  • Account Reconciliation CLoud Services provides tight integration with Oracle R12 and 11i . Provides drillback capability. It is flexible and provides rich functionality to users.
  • We have implemented ARCS on cloud and migrated planning and budgeting from On premise to PBCS and EPBCS. Functionality is onpar with onpremise. Provides regular updates monthly
  • We don't need to upgrades every year and saved a lot on Hardware.
Read full review
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.
Read full review
Cons
Oracle
  • The limitation of constrained out of the box dimensions that requires ripping the initial implementation to add the new dimensions is a major drawback.
  • Smartview interface is cumbersome for many.
  • The only financial adapter is available for integration for other modules we have to go with file-based uploads which is cumbersome and not real-time.
  • It is very costly in terms of licensing unlike other Oracle products.
Read full review
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.
Read full review
Likelihood to Renew
Oracle
We have a pretty good userbase who are at the high level who gained value from this tool. Discontinuing this tool is prone to impact their day to day operations. Also the data in this tool cannot alter the source, which maintains the integrity of this tool. Smartview is a cool addition that gained lot of traction as well.
Read full review
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.
Read full review
Usability
Oracle
EPM usability is good in some modules but needs some improvement in others
Read full review
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.
Read full review
Reliability and Availability
Oracle
EPM has been so far available all the time
Read full review
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.
Read full review
Performance
Oracle
The product performance is so far very good
Read full review
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.
Read full review
Support Rating
Oracle
Support from our implementation partner is a 10/10, but support from Oracle is awful. Case in point: recently over a 2-day period, there were a series of intermittent outages. Oracle actually asked US for the outage time-stamps. I would have thought that, since we were paying them, they should probably be able to tell us!
Read full review
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
Read full review
In-Person Training
Oracle
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
Read full review
Online Training
Oracle
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.
Read full review
Implementation Rating
Oracle
I suggest doubling the time to implement from the initial quote you get from the Sales team. That's always been the case for me for multiple EPMs now. The out-of-the-box functionality of Oracle Planning and Budgeting Cloud is pretty robust so I appreciate that and it really helped us get the ball rolling quickly.
Read full review
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
Read full review
Alternatives Considered
Oracle
Oracle Planning and Budgeting Cloud fared very well against Adaptive, Anaplan, and Host Analytics. We ultimately decided on Oracle due to its reputation and strength of existing customers. We are happy with our decision.
Read full review
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.
Read full review
Scalability
Oracle
The product is scalable
Read full review
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.
Read full review
Return on Investment
Oracle
  • Significantly reduced the amount of money we spent for the maintenance of in-house hardware.
  • We now need less employees to manage the configurations of Oracle EPM Cloud.
  • There have been many time savings as a whole to apply to more productive causes.
Read full review
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.
Read full review
ScreenShots

Oracle Fusion Cloud Enterprise Performance Management Screenshots

Screenshot of Process and Workflow - Flexible Workflow and Process Management - Annotations - Concurrency in UsageScreenshot of Integration - External Integration - Oracle ERP Systems and Hybrid On-Premise DeploymentScreenshot of Planning and Forecasting - Decision-Oriented Plans with Instant Feedback Loop - What-If Modeling and SandboxScreenshot of Process and Workflow - Flexible Workflow and Process Management - Annotations - Concurrency in UsageScreenshot of User Interface - Role-Based, Intuitive User Interface - Role-Based Navigation Flows - Microsoft Office InterfaceScreenshot of Integration - External Integration - Oracle ERP Systems and Hybrid On-Premise Deployment

Wolters Kluwer CCH® Tagetik Screenshots

Screenshot of Homepage