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Top Rated
56 Ratings
232 Ratings
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Score 6.9 out of 100

Wolters Kluwer CCH® Tagetik

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Top Rated
56 Ratings
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Score 8 out of 100

Likelihood to Recommend

SAP BPC (Business Planning and Consolidation)

SAP BPC is well suited for complex planning and consolidations needs where the underlying transactional system is SAP ECC. It suits well if the organization has separate teams with BPC, ABAP, BW, Basis, Hana skillset. SAP BPC is less appropriate for organizations using Agile methodology. It is not suitable for organizations in a hyper-growth cycle as the installation and implementation is time-consuming. It will not work for organizations where the planning and budgeting needs keep changing frequently. The UI of SAP BPC is not very intuitive and very difficult to set up a dynamic dashboard for senior executives and officials of CxO.
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

SAP BPC (Business Planning and Consolidation)
8.4
Wolters Kluwer CCH® Tagetik
8.0
Long-term financial planning
SAP BPC (Business Planning and Consolidation)
8.3
Wolters Kluwer CCH® Tagetik
8.0
Financial budgeting
SAP BPC (Business Planning and Consolidation)
8.9
Wolters Kluwer CCH® Tagetik
7.0
Forecasting
SAP BPC (Business Planning and Consolidation)
9.0
Wolters Kluwer CCH® Tagetik
8.0
Scenario modeling
SAP BPC (Business Planning and Consolidation)
7.9
Wolters Kluwer CCH® Tagetik
8.0
Management reporting
SAP BPC (Business Planning and Consolidation)
8.3
Wolters Kluwer CCH® Tagetik
8.9

Consolidation and Close

SAP BPC (Business Planning and Consolidation)
8.7
Wolters Kluwer CCH® Tagetik
7.9
Financial data consolidation
SAP BPC (Business Planning and Consolidation)
8.6
Wolters Kluwer CCH® Tagetik
8.9
Journal entries and reports
SAP BPC (Business Planning and Consolidation)
9.6
Wolters Kluwer CCH® Tagetik
7.0
Multi-currency management
SAP BPC (Business Planning and Consolidation)
10.0
Wolters Kluwer CCH® Tagetik
8.1
Intercompany Eliminations
SAP BPC (Business Planning and Consolidation)
7.6
Wolters Kluwer CCH® Tagetik
7.8
Minority Ownership
SAP BPC (Business Planning and Consolidation)
9.6
Wolters Kluwer CCH® Tagetik
7.5
Local and consolidated reporting
SAP BPC (Business Planning and Consolidation)
8.9
Wolters Kluwer CCH® Tagetik
8.9
Detailed Audit Trails
SAP BPC (Business Planning and Consolidation)
6.4
Wolters Kluwer CCH® Tagetik
7.5

Financial Reporting and Compliance

SAP BPC (Business Planning and Consolidation)
7.6
Wolters Kluwer CCH® Tagetik
8.7
Financial Statement Reporting
SAP BPC (Business Planning and Consolidation)
8.3
Wolters Kluwer CCH® Tagetik
8.9
Management Reporting
SAP BPC (Business Planning and Consolidation)
7.3
Wolters Kluwer CCH® Tagetik
8.9
Excel-based Reporting
SAP BPC (Business Planning and Consolidation)
8.6
Wolters Kluwer CCH® Tagetik
8.9
Automated board and financial reporting
SAP BPC (Business Planning and Consolidation)
6.0
Wolters Kluwer CCH® Tagetik
9.0
XBRL support for regulatory filing
SAP BPC (Business Planning and Consolidation)
Wolters Kluwer CCH® Tagetik
8.0

Analytics

SAP BPC (Business Planning and Consolidation)
6.0
Wolters Kluwer CCH® Tagetik
7.6
Personalized dashboards
SAP BPC (Business Planning and Consolidation)
6.0
Wolters Kluwer CCH® Tagetik
7.0
Color-coded scorecards
SAP BPC (Business Planning and Consolidation)
4.8
Wolters Kluwer CCH® Tagetik
8.0
KPIs
SAP BPC (Business Planning and Consolidation)
7.4
Wolters Kluwer CCH® Tagetik
8.0
Cost and profitability analysis
SAP BPC (Business Planning and Consolidation)
5.9
Wolters Kluwer CCH® Tagetik
8.0
Key Performance Indicator setting
SAP BPC (Business Planning and Consolidation)
7.1
Wolters Kluwer CCH® Tagetik
7.0
Benchmarking with external data
SAP BPC (Business Planning and Consolidation)
4.7
Wolters Kluwer CCH® Tagetik
7.7

Integration

SAP BPC (Business Planning and Consolidation)
8.1
Wolters Kluwer CCH® Tagetik
8.1
Flat file integration
SAP BPC (Business Planning and Consolidation)
8.0
Wolters Kluwer CCH® Tagetik
8.0
Excel data integration
SAP BPC (Business Planning and Consolidation)
9.2
Wolters Kluwer CCH® Tagetik
8.9
Direct links to 3rd-party data sources
SAP BPC (Business Planning and Consolidation)
7.1
Wolters Kluwer CCH® Tagetik
7.4

BI Standard Reporting

SAP BPC (Business Planning and Consolidation)
Wolters Kluwer CCH® Tagetik
7.1
Pixel Perfect reports
SAP BPC (Business Planning and Consolidation)
Wolters Kluwer CCH® Tagetik
7.3
Customizable dashboards
SAP BPC (Business Planning and Consolidation)
Wolters Kluwer CCH® Tagetik
5.9
Report Formatting Templates
SAP BPC (Business Planning and Consolidation)
Wolters Kluwer CCH® Tagetik
8.2

Ad-hoc Reporting

SAP BPC (Business Planning and Consolidation)
Wolters Kluwer CCH® Tagetik
7.2
Drill-down analysis
SAP BPC (Business Planning and Consolidation)
Wolters Kluwer CCH® Tagetik
7.8
Formatting capabilities
SAP BPC (Business Planning and Consolidation)
Wolters Kluwer CCH® Tagetik
6.9
Integration with R or other statistical packages
SAP BPC (Business Planning and Consolidation)
Wolters Kluwer CCH® Tagetik
7.1
Report sharing and collaboration
SAP BPC (Business Planning and Consolidation)
Wolters Kluwer CCH® Tagetik
7.1

Report Output and Scheduling

SAP BPC (Business Planning and Consolidation)
Wolters Kluwer CCH® Tagetik
7.4
Publish to Web
SAP BPC (Business Planning and Consolidation)
Wolters Kluwer CCH® Tagetik
7.6
Publish to PDF
SAP BPC (Business Planning and Consolidation)
Wolters Kluwer CCH® Tagetik
7.4
Report Versioning
SAP BPC (Business Planning and Consolidation)
Wolters Kluwer CCH® Tagetik
7.3
Report Delivery Scheduling
SAP BPC (Business Planning and Consolidation)
Wolters Kluwer CCH® Tagetik
7.2

Data Discovery and Visualization

SAP BPC (Business Planning and Consolidation)
Wolters Kluwer CCH® Tagetik
7.7
Pre-built visualization formats (heatmaps, scatter plots etc.)
SAP BPC (Business Planning and Consolidation)
Wolters Kluwer CCH® Tagetik
7.7
Location Analytics / Geographic Visualization
SAP BPC (Business Planning and Consolidation)
Wolters Kluwer CCH® Tagetik
7.3
Predictive Analytics
SAP BPC (Business Planning and Consolidation)
Wolters Kluwer CCH® Tagetik
8.2

Access Control and Security

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

Mobile Capabilities

SAP BPC (Business Planning and Consolidation)
Wolters Kluwer CCH® Tagetik
7.3
Responsive Design for Web Access
SAP BPC (Business Planning and Consolidation)
Wolters Kluwer CCH® Tagetik
7.3
Dashboard / Report / Visualization Interactivity on Mobile
SAP BPC (Business Planning and Consolidation)
Wolters Kluwer CCH® Tagetik
7.3

Pros

SAP BPC (Business Planning and Consolidation)

  • SAP BPC is real time data. You can send information into the system and see it reflected in your reports immediately. Other systems may require a manual push into a reporting system.
  • SAP BPC is a shared reporting tool, so multiple users can be working in a model/environment at the same time, real time. This is especially helpful if your workbooks incorporated multiple processes requiring multiple users to get into the same model.
  • SAP BPC is a powerful tool designed to help all facets of the company, from cash flow to capital expenditures to headcount management to financial planning to consolidation.
Jeffrey Suk | 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

SAP BPC (Business Planning and Consolidation)

  • Being from a law firm, the system needed a lot of custom tailoring in order to fit our full needs (although many companies could say the same thing). Although the ability to highly customize the system to the company's needs is a positive, it frequently results in the system responding in unexplainable and unrepeatable ways which negatively impacts and slows the budget process. Because of the sporadic nature and variety of the issues, we are unable to repeat them on cue and therefore cannot nail down a solution.
Anthony DePasquale | 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

SAP BPC (Business Planning and Consolidation)

SAP BPC (Business Planning and Consolidation) 7.0
Based on 1 answer
No answer on this topic is available.

Wolters Kluwer CCH® Tagetik

Wolters Kluwer CCH® Tagetik 8.0
Based on 10 answers
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.
Anonymous | TrustRadius Reviewer

Usability

SAP BPC (Business Planning and Consolidation)

SAP BPC (Business Planning and Consolidation) 9.0
Based on 2 answers
Unlike other SAP traditional products, SAP BPC was meant to be simple and familiar to financial users
Juan Carlos Crespo | TrustRadius Reviewer

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

SAP BPC (Business Planning and Consolidation)

SAP BPC (Business Planning and Consolidation) 9.0
Based on 1 answer
No answer on this topic is available.

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

SAP BPC (Business Planning and Consolidation)

SAP BPC (Business Planning and Consolidation) 7.0
Based on 1 answer
No answer on this topic is available.

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

SAP BPC (Business Planning and Consolidation)

SAP BPC (Business Planning and Consolidation) 7.0
Based on 1 answer
We need a big support team with various skillset like BPC, ABAP, BW, HANA, FICO etc
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

SAP BPC (Business Planning and Consolidation)

SAP BPC (Business Planning and Consolidation) 9.0
Based on 1 answer
SAP BPC training content and trainers are very good. The training is structured and provides a very good understanding of the product features and functionalities. I attended 6 separate training sessions of week-long or more. I had very good experience in all the sessions. The training is organized very well.
Anonymous | TrustRadius Reviewer

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

SAP BPC (Business Planning and Consolidation)

SAP BPC (Business Planning and Consolidation) 9.0
Based on 1 answer
SAP Training contents are very good, informative and exhaustive.
Anonymous | TrustRadius Reviewer

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

SAP BPC (Business Planning and Consolidation)

SAP BPC (Business Planning and Consolidation) 8.0
Based on 1 answer
The implementation was carried out in two phases spread over a period of 4 years with 2 upgrades in between. We also had multiple upgrades to HANA.
Anonymous | TrustRadius Reviewer

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

SAP BPC (Business Planning and Consolidation)

With Hyperion we struggled as it didn’t have integrated planning and consolidation, whereas BPC does have it. BPC is easier for reporting as it is Excel-based. Also BPC has prepackaged business process flows that helped a lot. Hyperion on the other hand has a faster response time for user queries or report generation.
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

SAP BPC (Business Planning and Consolidation)

SAP BPC (Business Planning and Consolidation) 9.0
Based on 1 answer
No answer on this topic is available.

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

SAP BPC (Business Planning and Consolidation)

  • When originally implemented (as the predecessor product Outlooksoft) BPC took ASU from trying to budget and forecast for a 2B enterprise out of spreadsheets and into a far more consolidated tool. It has saved us considerable time over the years and paid for itself several times over.
  • BPC also allows us to present our budget in multiple different views to support management, board and departmental reporting.
Rebecca T Barber, MBA, PHD | 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

SAP BPC (Business Planning and Consolidation)

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

SAP BPC (Business Planning and Consolidation)
7.9
Wolters Kluwer CCH® Tagetik
7.8

Likelihood to Renew

SAP BPC (Business Planning and Consolidation)
7.0
Wolters Kluwer CCH® Tagetik
8.0

Usability

SAP BPC (Business Planning and Consolidation)
9.0
Wolters Kluwer CCH® Tagetik
7.4

Reliability and Availability

SAP BPC (Business Planning and Consolidation)
9.0
Wolters Kluwer CCH® Tagetik
9.1

Performance

SAP BPC (Business Planning and Consolidation)
7.0
Wolters Kluwer CCH® Tagetik
7.3

Support Rating

SAP BPC (Business Planning and Consolidation)
7.0
Wolters Kluwer CCH® Tagetik
10.0

In-Person Training

SAP BPC (Business Planning and Consolidation)
9.0
Wolters Kluwer CCH® Tagetik
8.2

Online Training

SAP BPC (Business Planning and Consolidation)
9.0
Wolters Kluwer CCH® Tagetik
8.2

Implementation Rating

SAP BPC (Business Planning and Consolidation)
8.0
Wolters Kluwer CCH® Tagetik
6.4

Scalability

SAP BPC (Business Planning and Consolidation)
9.0
Wolters Kluwer CCH® Tagetik
8.2

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