Wolters Kluwer CCH® Tagetik

Score8.5 out of 10

73 Reviews and Ratings

What is Wolters Kluwer CCH® Tagetik?

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.

Categories & Use Cases

Media

Screenshot of Homepage

Publish to Web
Category average: 7.8
Report Delivery Scheduling
Report Delivery Schedule is the ability to have reports delivered to a destination at a specific data and time.
Category average: 8.2
Multi-User Support (named login)
Named model access means that users have access based on name and password.
Category average: 8.3

Formatting capabilities
Ability to format output e.g. conditional formatting, lines, headers, footers.
Category average: 7.6
Drill-down analysis
Drill down analysis is the ability to get to a further level of detail by going deeper into the hierarchy.
Category average: 8.2
Responsive Design for Web Access
Web design aimed at producing easy-to-read sites across a range of different devices.
Category average: 7.2

Most Frequent Users

Top 3 industries using Wolters Kluwer CCH® Tagetik.

Based on HG Insights installation data

View all Reviews

#1 most frequent

Manufacturing

25.7%

326 installations of 1,270

#2 most frequent

Professional, Scientific, and Technical Services

15.0%

191 installations of 1,270

#3 most frequent

Finance and Insurance

13.5%

171 installations of 1,270

Verified User

Analyst in Finance and Accounting (51-200 employees employees)

Use Cases and Deployment Scope

We use [CCH] Tagetik for our quarterly closing & consolidation process, as well as for reporting, budgeting and forecasting at company and group level. [CCH] Tagetik also provides the IFRS16 module and the Country by country reporting. in 2025 we made the passaga from on-site to the Cloud and also extended the modules we use with the ESG module. The main user of the system is the Finance department and since 2025-2026 also the ESG department. The data that is produced and validated through Tagetik is then also shared with other departments.

Pros

Quarterly closing &consolidation - accurate and fast. The ETL can be adjusted to our changing needs
Reporting - excel interface that is flexible to design
Budgeting and Forecasting - easy data entry, user independence
Use of multiple scenarios
FX conversions
ESG

Cons

Real time reporting - so far, complicated to set up in the company
Group Cash Flow - still to be implemented
FX conversion without using multiple scenarios

Return on Investment

Better reporting
Better forecasting, budgeting and closings

Usability

Other Software Used

Microsoft Dynamics 365 Business Central, ABS Software

Verified User

Manager in Information Technology (10,001+ employees employees)

Use Cases and Deployment Scope

Tagetik is the solution we needed to comply with the business needs of having a single user-oriented platform unifying multiple core processes within the IFRS/MVBS processes consolidation, planning and forecast, S2/P3 disciplines, and regulatory reporting scope. In this context, we took advantage of flexibility, built-in processes, and ETL functionalities which let every project to be configured and maintained in reduced time and this increased our company's value in a cost-effective manner.

Pros

Unify multiple processes in one single platform
Maximizes control over business data and processes
Reduces the implementation/maintenance costs
Optimizes decision processes thanks to flexible workflow system
Data reconciliation and report production

Cons

User interface can be improved graphically
Compatibility of the newest update with previous third-party SW version (es. Office) should be extended
Tagetik customer portal should be more user friendly

Return on Investment

Increase productivity and time by 25% by allowing business users to join parameterization activities
Reduced cost by 30% compared to the previous adopted solution
Improve overall performance and optimisation

Usability

Alternatives Considered

Anaplan and SAP Analytics Cloud

Other Software Used

SAP Analytics Cloud

Verified User

Employee in Finance and Accounting (1001-5000 employees employees)

Use Cases and Deployment Scope

Within my organization, I am responsible for managing the Wolters Kluwer CCH® Tagetik application in the area of Sustainability Reporting. Specifically, Wolters Kluwer CCH® Tagetik's ESG solution helps us manage the reporting process in accordance with the provisions of CSRD (Corporate Sustainability Reporting Directive) in all its various phases: from data collection for each individual company, to the consolidation of information (both qualitative and quantitative), disclosure, and preparation of the final document using the specific Collaborative Disclosure Management module.

Pros

Regulatory compliance
Data consolidation
Collaborative Disclosure Management

Cons

Improve the user-friendliness of the solution

Return on Investment

Full regulatory compliance
Improvement of the reporting process

Usability

Verified User

Technician in Information Technology (1001-5000 employees employees)

Use Cases and Deployment Scope

Demand Planning, Financial Consolidation, IFRS16, Transaction Matching

Pros

Intuitive
Proactive
Innovative
Regularly updated in its solutions

Cons

Full integration with other IT systems
Create a full ecosystem
Continuously improving user experience

Return on Investment

Time saving in reporting
Good consolidation Tool
Pre-packaged solutions compliant with legislation

Usability

Verified User

Analyst in Information Technology (1001-5000 employees employees)

Use Cases and Deployment Scope

We use the software to integrate our ERP with CCH Tagetik Modules: IFRS16, Planning, Forecast, Budget, Consolidation.

Pros

Integrate with external ERPs
Easy-to-use for users
Pre-Packaged Solutions available

Cons

sometimes too many regressions on the software
some partners are Tagetik Certified even if they don't seem to be too good for Tagetik Implementations

Return on Investment

After setting the system, the maintenance requested is quite low and this saves time. (I Can't quantify that).

Usability

Other Software Used

Qlik Sense, Oracle JD Edwards EnterpriseOne, Microsoft SQL Server

Anaplan

SAP BPC (Business Planning and Consolidation)

Oracle Fusion Cloud Enterprise Performance Management

OneStream

SAP Analytics Cloud

Wolters Kluwer CCH® Tagetik

What is Wolters Kluwer CCH® Tagetik?

Categories & Use Cases

Media