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Wolters Kluwer CCH® Tagetik

Wolters Kluwer CCH® Tagetik

Overview

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.

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Recent Reviews

The one and only CPM tool

10 out of 10
June 29, 2023
Support reduction of month end closing time
Improve data quality
Directly integrate with diversified ERP landscape
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Tagetik the good CPM tool

8 out of 10
March 16, 2022
We are a consulting company and implement Wolters Kluwer CCH Tagetik for our customers. Mainly we implement the system, by setting up the …
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Usage of CCH Tagetik within Pharma

10 out of 10
March 08, 2022
The company strategy and organizational model have changed, together with a newly implemented TO-BE primary process. Current systems were …
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My experience with Tagetik

8 out of 10
January 14, 2022
We are a consulting company and implement the software for other organizations. We also support our customers. For sure we use Wolters …
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Awards

Products that are considered exceptional by their customers based on a variety of criteria win TrustRadius awards. Learn more about the types of TrustRadius awards to make the best purchase decision. More about TrustRadius Awards

Popular Features

View all 48 features
  • Excel data integration (42)
    9.0
    90%
  • Management Reporting (45)
    8.9
    89%
  • Management reporting (45)
    8.6
    86%
  • Excel-based Reporting (47)
    7.9
    79%

Reviewer Pros & Cons

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Pricing

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N/A
Unavailable

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.

Entry-level set up fee?

  • No setup fee

Offerings

  • Free Trial
  • Free/Freemium Version
  • Premium Consulting/Integration Services

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Features

BI Standard Reporting

Standard reporting means pre-built or canned reports available to users without having to create them.

8.2
Avg 8.0

Ad-hoc Reporting

Ad-Hoc Reports are reports built by the user to meet highly specific requirements.

8.1
Avg 8.3

Report Output and Scheduling

Ability to schedule and manager report output.

8.1
Avg 8.2

Data Discovery and Visualization

Data Discovery and Visualization is the analysis of multiple data sources in a search for patterns and outliers and the ability to represent the data visually.

8.4
Avg 7.6

Access Control and Security

Access control means being able to determine who has access to which data.

8.3
Avg 8.7

Mobile Capabilities

Support for mobile devices like smartphones and tablets.

7
Avg 8.0

Budgeting, Planning, and Forecasting

These activities are designed to assist with both data-driven operational, short-term planning and strategic long term planning

8.4
Avg 8.3

Consolidation and Close

Consolidation of data from multiple entities with currency management, reporting and audit trails.

8.3
Avg 8.0

Financial Reporting and Compliance

Financial statements and regulatory filings

8.4
Avg 8.2

Analytics and Reporting

Dashboards and scorecards for KPI monitoring and benchmarking

7.9
Avg 8.0

Integration

Ability to integrate with external applications.

8.4
Avg 8.3
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Product Details

What is Wolters Kluwer CCH® Tagetik?

Wolters Kluwer addresses the complex challenges that face the Office of the CFO with CCH® Tagetik performance management software solutions. CCH Tagetik is designed to enable digital transformation and drive strategy with financial processes and data in a unified platform — owned by Finance.

Companies can use CCH Tagetik solutions to save time, lower costs and reduce risk. Customers use CCH Tagetik to get a faster close, conduct more forward looking-planning and in-depth analytics by connecting data, processes and people with a single trusted source. CCH Tagetik Finance Transformation Platform, powered by the Analytic Information Hub, is a comprehensive unified platform that connects finance and operations and streamlines consolidation & close, planning, profitability, reporting & analytics, disclosures and regulatory compliance. Embedded AI and machine learning (ML) provides out-of-box predictive planning and a foundation for the future. CCH Tagetik can be deployed as SaaS, private cloud, or on-premise. The flexibility to migrate from one to the other means that the solution can match a company's strategy, today or in the future. The vendor boasts over 1,300 customers globally as current users of CCH Tagetik.

Wolters Kluwer CCH® Tagetik Features

Budgeting, Planning, and Forecasting Features

  • Supported: Long-term financial planning
  • Supported: Financial budgeting
  • Supported: Forecasting
  • Supported: Scenario modeling
  • Supported: Management reporting

Consolidation and Close Features

  • Supported: Financial data consolidation
  • Supported: Journal entries and reports
  • Supported: Multi-currency management
  • Supported: Intercompany Eliminations
  • Supported: Minority Ownership
  • Supported: Local and consolidated reporting
  • Supported: Detailed Audit Trails

Financial Reporting and Compliance Features

  • Supported: Financial Statement Reporting
  • Supported: Management Reporting
  • Supported: Excel-based Reporting
  • Supported: Automated board and financial reporting
  • Supported: XBRL support for regulatory filing

Analytics and Reporting Features

  • Supported: Personalized dashboards
  • Supported: Color-coded scorecards
  • Supported: KPIs
  • Supported: Cost and profitability analysis
  • Supported: Key Performance Indicator setting
  • Supported: Benchmarking with external data

Integration Features

  • Supported: Flat file integration
  • Supported: Excel data integration
  • Supported: Direct links to 3rd-party data sources

BI Standard Reporting Features

  • Supported: Pixel Perfect reports
  • Supported: Customizable dashboards
  • Supported: Report Formatting Templates

Ad-hoc Reporting Features

  • Supported: Drill-down analysis
  • Supported: Formatting capabilities
  • Supported: Predictive modeling
  • Supported: Integration with R or other statistical packages
  • Supported: Report sharing and collaboration

Report Output and Scheduling Features

  • Supported: Publish to Web
  • Supported: Publish to PDF
  • Supported: Report Versioning
  • Supported: Report Delivery Scheduling

Data Discovery and Visualization Features

  • Supported: Pre-built visualization formats (heatmaps, scatter plots etc.)
  • Supported: Location Analytics / Geographic Visualization
  • Supported: Predictive Analytics
  • Supported: Support for Machine Learning models
  • Supported: Pattern Recognition and Data Mining
  • Supported: Integration with R or other statistical packages

Access Control and Security Features

  • Supported: Multi-User Support (named login)
  • Supported: Role-Based Security Model
  • Supported: Multiple Access Permission Levels (Create, Read, Delete)
  • Supported: Report-Level Access Control
  • Supported: Table-Level Access Control (BI-layer)
  • Supported: Field-Level Access Control (BI-layer)
  • Supported: Single Sign-On (SSO)

Mobile Capabilities Features

  • Supported: Responsive Design for Web Access
  • Supported: Dashboard / Report / Visualization Interactivity on Mobile

Additional Features

  • Supported: Usability - With a brand new user interface (UI), CCH Tagetik delivers an enhanced user experience allowing for easier navigation.
  • Supported: Mobility - CCH Tagetik utilizes HTML 5 to allow users to interact with CCH Tagetik through any mobile device. With the introduction of CCH Tagetik Anywhere technology, users can take advantage of this functionality with NO additional work.
  • Supported: Velocity - CCH Tagetik has added in-memory technology to make the engine faster. In CCH Tagetik, the user has the option to process Allocations, ETL or MDX calculations in memory, significantly speeding up processing.
  • Supported: Flexibility - Tagetik's open architecture allows for integration with the Microsoft technology stack, connectivity with strong SAP environments, and Qlik.
  • Supported: CCH Tagetik combines its unified platform and SAP HANA’s in-memory technology to provide insights faster.

Wolters Kluwer CCH® Tagetik Screenshots

Screenshot of Homepage

Wolters Kluwer CCH® Tagetik Video

Visit https://vimeo.com/856502165/538aa9c442 to watch Wolters Kluwer CCH® Tagetik video.

Wolters Kluwer CCH® Tagetik Technical Details

Deployment TypesOn-premise, Software as a Service (SaaS), Cloud, or Web-Based
Operating SystemsWindows, Linux, Mac
Mobile ApplicationApple iOS, Android, Windows Phone
Supported CountriesAll regions
Supported LanguagesEnglish, Spanish, Italian, French

Frequently Asked Questions

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.

Anaplan, SAP Analytics Cloud, and SAP BPC (Business Planning and Consolidation) are common alternatives for Wolters Kluwer CCH® Tagetik.

Reviewers rate Multi-currency management highest, with a score of 9.1.

The most common users of Wolters Kluwer CCH® Tagetik are from Enterprises (1,001+ employees).
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Comparisons

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Reviews and Ratings

(69)

Attribute Ratings

Reviews

(26-48 of 48)
Companies can't remove reviews or game the system. Here's why
Elisa Mevio | TrustRadius Reviewer
Score 8 out of 10
Vetted Review
Verified User
Incentivized
CCH Tagetik CPM is used with strategic planning in CFO area. In the near future, we plan to extend the use to the commercial network, including local managers as contributors.
  • Data audit
  • Data transformation
  • Data collection
  • Check rules
  • Reporting
  • General system performance
A lot of data contributors in a different area.
Brooke Ward | TrustRadius Reviewer
Score 8 out of 10
Vetted Review
Verified User
Incentivized
We currently use CCH Tagetik for our reporting and consolidation.
  • Reporting
  • Planning/Forecasting
  • Consolidation
  • Speed of product
Amazing for consolidation. Finds every error. The speed to retrieved reports could be faster
Stefano Benetti | TrustRadius Reviewer
Score 8 out of 10
Vetted Review
Verified User
Incentivized

CCH Tagetik is being used by our CFO structure. We have built planning/budgeting applications and reconciliation between accounting and DWH data.

A big problem we had before CCH Tagetik was the absence of a structured system for the collection of data. We now have the ability to manage a simple workflow, and keep it monitored.

  • integration with many databases
  • flexibility of ETL system
  • very strong audit tools
  • reduce the number of options: sometimes you can do the same thing in too many ways
  • reporting and dashboarding: in truth you can easily use third party software (if you have them), but I think there is ample room for improvement in the native reporting

I think the native application (Consolidation) is probably the best, but there is much opportunity to structure effective planning processes. In this case there needs to be more effort in terms of both function and implementation.

Another very effective application is cost allocation. CCH Tagetik provides a lot of native features that allow analysts to deploy allocation systems, even very complex ones.

Score 8 out of 10
Vetted Review
Verified User
We implement CCH Tagetik at our customers as consultants and offer advice on the use of it.
  • Easy to use for the end user
  • Great for consolidation
  • Broad reporting functionalities
  • The combination of a single data source and validation processes ensure accuracy
  • Has to be updated regularly to ensure performance standards
Mostly for companies with complicated consolidations.
Bobbi Miller | TrustRadius Reviewer
Score 8 out of 10
Vetted Review
Verified User
Incentivized
CCH Tagetik is being used by our entire organization. We use this tool for planning and budgeting, financial reporting and analysis, as well as for consolidations. CCH Tagetik takes user error out of the equation with reports that can be customized to fit every business need.
  • Automated consolidations have saved our company nearly one day of our consolidation close process, which was 1.5-2 days previously.
  • Customer service. During implementation and even now, CCH Tagetik has a great team of associates who are always willing to help with problems or questions as they arise.
  • Improved retrieve functionality. While the tool offers this, it is hard to use and the system doesn't appear to fully support it
I think any company could use CCH Tagetik in some way shape or form. They offer so many products it would be hard to find something that wouldn't work for any company, large or small.
Score 9 out of 10
Vetted Review
Verified User
Incentivized
CCH Tagetik is very important for closing and forecasting/planning cycle. We have many business unit and a large consolidation area, a large type of IC matching and eliminations, so it's very important an informatic tool can be really reduce time of delivery to Top Management.
  • Complete integration for the consolidation areas
  • Automate eliminations
  • Multiple reporting standards
  • Automatic reporting tools
  • A little bit difficult to customize
CCH Tagetik is perfect for the consolidation process across different processes (monthly/weekly closing, forecasting, budgeting, and planning).
Score 8 out of 10
Vetted Review
Verified User
Incentivized
CCH Tagetik helps me and my company manage different distributed processes, like closing, budgeting, forecasting, and KPI.
  • I like the way I can make an autonomous report using an Excel interface, that is in my opinion very simple and user-friendly. Also, the process cockpit is very helpful to manage processes.
  • I don't like the SQL query tool included in the Excel reporting interface.
I think that CCH Tagetik reporting and ETL modules are work very well. Thanks to its user friendly Excel client I can develop reports by my self.
Giosue Cusumano | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User
Incentivized
We use CCH Tagetik for our internal processes of budgeting, planning, closing and managerial consolidation.
  • Ease of use
  • Flexibility in addressing different issues with a different approach
  • Tailored approach to the customer
  • it is very good with its standard functions but not so much when the standard function is not available
  • Menus and manuals are sometimes too technical
CCH Tagetik is very good to address any of our CPM processes including budgeting, forecasting, and 5-year plan. We recommend it.
Cesare Schiarea | TrustRadius Reviewer
Score 8 out of 10
Vetted Review
Verified User
CCH Tagetik is used across the whole organization to provide solutions for the CFO and to address regulatory requirements. With CCH Tagetik we build our DWH (with CCH Tagetik APM) and our corporate performance management (with CCH Tagetik CPM). For us, the competitive advantage of using CCH Tagetik is that CCH Tagetik provides us one solution (not products) for all the company needs and now we do not need different products to address our problems.
  • Easy to import and export data.
  • Easy to manage data for regulatory requirements because it is easy to get the xbrl code.
  • Strong data governance with the CCH Tagetik data flow facilities.
  • The Tagetik code is not easy to manage and to explore. You need an IT specialist if you want to change some features or functionalities otherwise you need Tagetik support.
  • It is not easy to manage data of different periods. There is significant room to improve this.
  • More functionality to integrate Tagetik APM and CPM.

It's well suited to implement a solution that does not require a calculation engine and stochastic approach. For example to manage closing for an accounting department and to manage the repository for IFRS requirements. It's very powerful for CFO needs. CCH Tagetik is also well suited to provide collaborative disclosure management applications.

Today it's not appropriate to provide solutions in the risk management area.

January 06, 2017

CCH Tagetik, what else.

Arshak Shamoun | TrustRadius Reviewer
Score 8 out of 10
Vetted Review
Verified User
Incentivized
CCH Tagetik is being used within the finance department of the organization. It is currently used for financial reporting. Hereby we focus on collecting data from external resources, like ERP systems and Excel, but also in turn from the CCH Tagetik database. By using CCH Tagetik we are able to collect the data, store them in one database (CCH Tagetik) and then meet the requirements with regards to financial reporting.
  • It meets our business requirements in regards to the way of reporting.
  • Data is easy to use and convert.
  • It is easy to use with MS Office.
  • Great customer support
  • It takes time to understand how Tagetik works (menu options, place of the menus etc).
  • Improve the add-in functionality for Excel and Word. For example, make the copy paste functionality more generic and easier to use when copying and pasting between DBs.
  • Provide more and better explanation than the current manuals provided.
As stated previously, CCH Tagetik is very usefull in using for financial reporting. However, other scenarios are difficult to mention, since we haven't used CCH Tagetik for other purposes to have an opinion on that. Nevertheless, as far as I know, it cannot be used as a CRM package, which does not have to be a disadvantage, but more an advantage. But at the same time, yes, it is less appropriate as a CRM system.
December 22, 2016

Smart and effective

Score 7 out of 10
Vetted Review
Verified User
Incentivized
CCH Tagetik is being used by the Administrative department. It addresses the Group consolidation process and the data transfer to the management control reporting.
  • The reporting with use of CCH Tagetik has become faster and more effective.
  • You can organize the report fitting the users needs.
  • The consolidation process works well.
  • A good thing is that the consolidator can follow step by step the data entry process of the subsidiaries.
  • The online guide is poor of contents. It could be good for a beginner but it lacks of specific topics. In particular for CDM's section.
CCH Tagetik is well suited to a medium large company with many little (commercial) subsidiaries. It becomes less appropriate in smaller company, in my opinion.
October 03, 2016

Enjoy and think better

Mario Cinelli | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User
CCH Tagetik is being used at the moment by Unicoop Firenze across the whole organization, for the budgeting process, performance management and for the 3 Years Plan.

From a month we're using it also for Disclosure Management
  • Each end user is able to easily manage the application and his reporting.
  • Easy integration with other business.
  • When you have CCH Tagetik and you have to do a new project, you think ..... "Can I do this project with CCH Tagetik?"
  • Development times are much faster.
  • I would like to use all client features on web pages.
I will deepen my knowledge: ease of development, development times, completeness of the application, independence from the software maker at the end of project.
July 21, 2016

It's alright really

Buta Biring | TrustRadius Reviewer
Score 6 out of 10
Vetted Review
Verified User
CCH Tagetik is being used by the wider group of finance users only to help with group consolidations. This is a better solution to the original automated spreadsheet run consolidations.
  • It caters for and provides solutions to complicated processes
  • It can be rolled out over a wide geography
  • Handles large data sets
  • The same product can be used for multiple business processes
  • It's very flexible
  • It's sometimes too complicated i.e. the reporting building is more difficult than it needs to be
How expensive is it?
Can the product manage existing processes?
Susan Heffern | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User
We use CCH Tagetik for our global consolidation of financial statements. It is mainly used by the finance department. We also use it for our budgeting process. All key directors input their budgets and our back office compiles the data to create our global budget.
  • CCH Tagetik is extremely flexible and customizable to your business needs.
  • It creates financial statement reports extremely fast and gives us the ability to slice and dice financial metrics in more ways than you can imagine.
  • I see CCH Tagetik as a long term business partner to help us solve problems.
  • A solid implementation team and process.
  • 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.
CCH Tagetik is very suited for consolidation but not appropriate for GL detail.
Score 10 out of 10
Vetted Review
Verified User
CCH Tagetik budgeting/forecasting/reporting is used across our organization by directors to both input budget requests and to review bi-weekly and monthly financial reports. Finance/Accounting uses CCH Tagetik to analyze income statements, payroll and statistical data. We are currently implementing consolidation which will bring in data from four different general ledger systems.
  • CCH Tagetik has allowed us to create multiple hierarchies to customize numerous reporting requirements.
  • CCH Tagetik provides us with the flexibility to easily create reports in-house. Each report has sparked interest in additional reports that we have been able to create with little or no outside help.
  • As our business has expanded and use of "best of breed" sub-systems has grown, CCH Tagetik has provided us a means to bring all the data together and view on one report.
  • We are on an older version, so some things may have changed, but some of the commands are in Italian, which can be a little frustrating (or an opportunity to learn a new language).
  • Non-financial directors have wished it to be a little more user friendly. I don't think it is a problem, but in order to be flexible users may have too many choices to make.
  • Formatting of reports (once again we are on an older version) could be easier.
I have found CCH Tagetik to greatly help in the distribution of worksheets and reports for utilizing a security hierarchy and report or data input template. Managers/directors can open a standard form that will pull in only data that he or she has the rights to. We have also been able to provide meaningful productivity reports. We now pull in payroll data from the payroll system and revenue and statistical data from our patient accounting system. CCH Tagetik then marries the data from the sub-systems and produces a nice report available for all departments.
March 03, 2016

Loads of potential!

Steve Harris FCMA CGMA | TrustRadius Reviewer
Score 8 out of 10
Vetted Review
Verified User
CCH Tagetik is currently being used across the whole organisation for budgeting, planning and forecasting purposes as well as the monitoring of KPIs and production of monthly management reports. In addition we use CCH Tagetik extensively during our year-end accounts production process for the collection, validation and aggregation of data required for statutory accounts.
  • Integration with Excel.
  • Easy to create and maintain dimension elements and hierarchies.
  • Automation and scheduling of data uploads.
  • Error messages can be difficult to understand - particulalry when written in Italian!
CCH Tagetik is well suited to rapidly evolving businesses due to the ease with which hierarchies can be manipulated.
October 29, 2015

Our new "finance" Portal

Score 10 out of 10
Vetted Review
Verified User
We use CCH Tagetik for sales planning and rolling forecasts across the whole organization. Today we can see at any time the status of our planning.
  • Quick access to all my Tasks and always up to date what is next.
  • Every change or simulation in planning, forecasting or budgeting now gives us immediate insight into the changes in the P&L AND balance sheet.
  • Tagetik makes it easy to collaborate now.
  • Reporting is very flexible with CCH Tagetik and therefore extensive in the preparation.
I am not aware of any restriction in which CCH Tagetik could not be used.
September 25, 2015

CCH Tagetik Review

Daniel Rizzo | TrustRadius Reviewer
Score 7 out of 10
Vetted Review
Verified User
Incentivized
CCH Tagetik is being used as a reporting tool. The accounting / finance department uses it regularly to create financial statements and map accounts from our ledger to CCH Tagetik. The parking lot managers and sales teams use CCH Tagetik to see the profitability of their lots. CCH Tagetik has allowed different teams across the organization gain an understanding of the profitability of the lots by producing consistent financial reports.
  • It does a good job of assisting with the mapping of accounts to entities. Unlike other programs that require you to add an account for all entities, CCH Tagetik knows to map new accounts to all entities.
  • The interface is very user friendly and intuitive. Once you have a basic understanding of how it functions, it is very easy to navigate.
  • Any time there has been issues with the tool, the CCH Tagetik team has been very quick to assist in solving the issue. They really provide a great deal of support.
  • When setting up accounts, there are some fields that are not applicable to my company that I am still required to populate (i.e. exchange rate).
  • Making changes to existing reports is not the easiest thing.
I really think that CCH Tagetik could be utilized by a wide range of companies. I do not think that this program is specific to any one industry or size of company. I think the level of customization that is required is also something to keep in mind. CCH Tagetik was very willing to work with us to suit our company specific needs.
Score 7 out of 10
Vetted Review
Verified User
Incentivized
Our organization uses CCH Tagetik as a financial reporting tool for everyone in our company to have access to their financial statements as we have limited access to our ERP system outside of the accounting department. CCH Tagetik has proven to be incredibly useful to our parent company which consolidates the trial balance and financial statements of various types of companies including varying GL accounts, business models and areas of focus. By having the financial reporting tool, we are able to better streamline the end financial reports resulting in gained efficiencies in our monthly and quarterly close.
  • Financial reporting consolidation
  • Account mapping
  • Multi dimension analysis
  • Error messages are in Italian
  • Usability is not intuitive
  • A lot of background setup by consultant needed to implement
CCH Tagetik is well suited for a company that has varying chart of accounts, ERP systems and various types of companies that are to be consolidated into one financial report.
Andrea Corsini | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User
CCH Tagetik is used for statutory consolidated balance sheets, economic and financial budgeting and forecasting by projects, and HR-ERM-HSE cockpit. It's used across the whole organization with about 300 different users located worldwide. We use Excel. Its Excel interface for statutory reporting is used internally and for our external duties through banks, rating agencies and others entities (our group is listed on the Milan Stock Exchange). Our group uses CCH Tagetik to perform its business plan - every company in our group uses it to present its business plan. Since CCH Tagetik is web-based we have the opportunity to collect data 7 days a week 24 hours per day. We experienced a reduction of TCO of about 25%.
  • Really fast consolidation routine
  • Data Drill-down
  • Easy to use for reporting
  • Flexibility and scalabity
  • Improve financial budgeting cockpit
  • Improve some IC reconciliation report
  • Improve something regarding Equity reserves in consolidation routine
  • Improve exchange rate management DB
CCH Tagetik is absolutely well suited for all scenarios of statutory consolidation, economic budgeting and forecasting. It can have a lot of data regarding the single project and not only for legal entity and this is a MUST today. It's easy to use, and you don't need any action from the IT department for reporting set up. It could be improved in regards to financial budgeting and forecasting.
Bjørn Born Sylvest | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User
We use CCH Tagetik as a full CPM tool for consolidation, planning, forecasting and intelligent data collection.
  • Consolidates more than 150 entities quickly and precisely.
  • Scalable planning for more than 1000+ users.
  • BI intergrated.
  • Workflow process over all dimensions.
  • New MDM process flow for better ERP intergration and management of mapping of the metadata.
  • Consolidation per counterpart at all dimensions.
We have not found any processes where CCH Tagetik comes too short.
Bob Cooper | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User
We use the system for all of our consolidation, internal and statutory external reporting. It is currently only used by the office of finance but the intention is to start letting all business areas submit their own budgets and forecasts to provide even better throughput. Cash flow forecasting will be our next target area.
  • Really quick and simple to create new reports
  • Retention of previous structures
  • Some of our reports are extremely large and complex (our fault) so can be a little slow to run during which time Excel is tied up on the users local PC. We have solved this by a Citrix Xenapp deployment but CCH Tagetik could consider implementing multi threading to speed things up.

Like most solutions you need to really understand what you are looking to deliver and ensure that your data structures are well thought out - CCH Tagetik consultants will help with this.

Do you have sufficient internal resources to work with the CCH Tagetik consultants during the implementation?

Don't set unrealistic implementation timetables. This is a complex extremely powerful product so don't rush things or you will not get delivery of the benefits.

June 30, 2014

CCH Tagetik Review

Alec Alvino | TrustRadius Reviewer
Score 7 out of 10
Vetted Review
Verified User
Incentivized
CCH Tagetik is being used primarily within the U.S. Finance Department. It allows the company to create the annual financial statements for multiple entities in a much more efficient and effective manner. Instead of creating multiple separate word documents, CCH Tagetik allows you to create one main document that can then be linked to other documents.
  • Link documents
  • Organize documents
  • Include matrices into your document
  • Linking matrices could be easier
CCH Tagetik is well suited for companies that provide annual documents for multiple entities, where each of the documents are similar to each other, such as they all have the same introduction or chart. CCH Tagetik is able to provide an effective solution so that all of the documents are linked together.
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