#1 most frequent
United States of America
17.3%218 installations of 1,262
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
Top Performing Features
Multi-User Support (named login)
Named model access means that users have access based on name and password.
Category average: 8.3
Local and consolidated reporting
Ability to report against individual business entities and the consolidated umbrella entity.
Category average: 7.8
Publish to Web
Category average: 7.8
Areas for Improvement
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
Who Buys & Uses Wolters Kluwer CCH® Tagetik
#2 most frequent
Germany
11.5%145 installations of 1,262
#3 most frequent
France
10.9%138 installations of 1,262
CCH Tagetik use in Shipping
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
The best solution for your business
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
ESG Wolters Kluwer CCH® Tagetik solution my experience
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
Easy-To-Use Intuitive Reporting and Data collection Tool
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
Easy-to-use and integrated tool
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
