CCH Tagetik Reviews

37 Ratings
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Score 8.8 out of 100

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Reviews (1-25 of 26)

Mauro Del Quondam | TrustRadius Reviewer
April 26, 2019

Tagetik: What else!

Score 9 out of 10
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Likelihood to Recommend

If you have to implement any scenarios in a small and medium-sized company this is perfect: easy to use, fast and reliable. If you have to introduce it in a very big company, it must be tested very carefully in order to assure the right performance.
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Anonymous | TrustRadius Reviewer
December 20, 2018

CCH Tagetik provides a stable and secure platform for detailed planning and budgeting

Score 10 out of 10
Vetted Review
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Likelihood to Recommend

CCH Tagetik is great for pulling together financial data for the purposes of budgeting, planning, and forecasting. I think it will likely have other uses in our organization as well as we become more familiar with it and adept at using it.
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Stefano Benetti | TrustRadius Reviewer
March 02, 2018

Experience with Tagetik CPM for banking planning

Score 8 out of 10
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Likelihood to Recommend

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. Tagetik provides a lot of native features that allow analysts to deploy allocation systems, even very complex ones.

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Alessandro Mantini | TrustRadius Reviewer
October 23, 2017

Flexible. Scalable. Consistent. The one stop solution for your financial reporting needs.

Score 9 out of 10
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Likelihood to Recommend

Tagetik is a scalable application which can be well suited to almost every company, granting an easy implementation over the existing transactional applications. Many of its functions and utilities can be customized with reference to the industry in which the company operates (especially if it is a bank or a financial institution). Tagetik works better in the context in which there is a clear understanding of the business and its operations. This consciousness leads to a better definition of the main reporting needs and helps to create a better set of data. In any case, the assistance of a qualified consultant is a value added service.
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Bobbi Miller | TrustRadius Reviewer
June 15, 2017

Tagetik - Great product!

Score 8 out of 10
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Likelihood to Recommend

I think any company could use 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.
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Cesare Schiarea | TrustRadius Reviewer
March 28, 2017

1 Solution (not products) to manage Corporate Business

Score 8 out of 10
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Likelihood to Recommend

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. Tagetik is also well suited to provide collaborative disclosure management applications.

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

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Arshak Shamoun | TrustRadius Reviewer
January 06, 2017

Tagetik, what else.

Score 8 out of 10
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Likelihood to Recommend

As stated previously, Tagetik is very usefull in using for financial reporting. However, other scenarios are difficult to mention, since we haven't used 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.
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John Torley | TrustRadius Reviewer
April 12, 2016

Tagetik allows a limited financial staff to do more

Score 10 out of 10
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Likelihood to Recommend

I have found 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. Tagetik then marries the data from the sub-systems and produces a nice report available for all departments.
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Daniel Rizzo | TrustRadius Reviewer
September 25, 2015

Tagetik Review

Score 7 out of 10
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Verified User
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Likelihood to Recommend

I really think that 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. Tagetik was very willing to work with us to suit our company specific needs.
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Andrea Corsini | TrustRadius Reviewer
August 31, 2015

Tagetik: your needs, its solution

Score 9 out of 10
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Likelihood to Recommend

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.
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Bob Cooper | TrustRadius Reviewer
August 20, 2015

Tagetik - the Cuprinol of Financial reporting solutions - does exactly what it says on the tin

Score 10 out of 10
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Likelihood to Recommend

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

Do you have sufficient internal resources to work with the 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.

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Alec Alvino | TrustRadius Reviewer
June 30, 2014

Tagetik Review

Score 7 out of 10
Vetted Review
Verified User
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Likelihood to Recommend

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. Tagetik is able to provide an effective solution so that all of the documents are linked together.
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Anonymous | TrustRadius Reviewer
December 22, 2016

Smart and effective

Score 7 out of 10
Vetted Review
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Likelihood to Recommend

Tagetik is well suited to a medium large company with many little (commercial) subsidiaries. It becomes less appropriate in smaller company, in my opinion.
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Feature Scorecard Summary

Long-term financial planning (21)
9.7
Financial budgeting (21)
9.7
Forecasting (22)
9.4
Scenario modeling (18)
9.7
Management reporting (25)
9.5
Financial data consolidation (21)
8.9
Journal entries and reports (16)
8.9
Multi-currency management (14)
9.5
Intercompany Eliminations (19)
9.0
Minority Ownership (16)
8.0
Local and consolidated reporting (22)
8.1
Detailed Audit Trails (17)
8.1
Financial Statement Reporting (21)
9.6
Management Reporting (25)
9.6
Excel-based Reporting (25)
9.7
Automated board and financial reporting (19)
9.6
XBRL support for regulatory filing (9)
7.3
Personalized dashboards (15)
9.5
Color-coded scorecards (12)
8.3
KPIs (14)
9.5
Cost and profitability analysis (12)
9.7
Key Performance Indicator setting (14)
9.5
Benchmarking with external data (10)
7.3
Flat file integration (22)
9.9
Excel data integration (23)
9.9
Direct links to 3rd-party data sources (16)
6.4

About CCH Tagetik

CCH Tagetik is designed to enable digital transformation and drive strategy with financial processes and data in a unified platform — owned by Finance.

The vendor states that companies trust CCH Tagetik Corporate Performance Management software to save time, lower costs and reduce risk, and can 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 unified platform that connects finance and operations and streamlines consolidation & close, planning, reporting & analytics, disclosures and compliance. 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 1,200 customers globally using CCH Tagetik to increase efficiency, reduce risk, and saved money.

CCH Tagetik Features

Budgeting, Planning, and Forecasting Features
Has featureLong-term financial planning
Has featureFinancial budgeting
Has featureForecasting
Has featureScenario modeling
Has featureManagement reporting
Consolidation and Close Features
Has featureFinancial data consolidation
Has featureJournal entries and reports
Has featureMulti-currency management
Has featureIntercompany Eliminations
Has featureMinority Ownership
Has featureLocal and consolidated reporting
Has featureDetailed Audit Trails
Financial Reporting and Compliance Features
Has featureFinancial Statement Reporting
Has featureManagement Reporting
Has featureExcel-based Reporting
Has featureAutomated board and financial reporting
Has featureXBRL support for regulatory filing
Analytics Features
Has featurePersonalized dashboards
Has featureColor-coded scorecards
Has featureKPIs
Has featureCost and profitability analysis
Has featureKey Performance Indicator setting
Has featureBenchmarking with external data
Integration Features
Has featureFlat file integration
Has featureExcel data integration
Has featureDirect links to 3rd-party data sources
BI Standard Reporting Features
Has featurePixel Perfect reports
Has featureCustomizable dashboards
Has featureReport Formatting Templates
Ad-hoc Reporting Features
Has featureDrill-down analysis
Has featureFormatting capabilities
Has featurePredictive modeling
Has featureIntegration with R or other statistical packages
Has featureReport sharing and collaboration
Report Output and Scheduling Features
Has featurePublish to Web
Has featurePublish to PDF
Has featureReport Versioning
Has featureReport Delivery Scheduling
Data Discovery and Visualization Features
Has featurePre-built visualization formats (heatmaps, scatter plots etc.)
Has featureLocation Analytics / Geographic Visualization
Has featurePredictive Analytics
Has featureSupport for Machine Learning models
Has featurePattern Recognition and Data Mining
Does not have featureIntegration with R or other statistical packages
Access Control and Security Features
Has featureMulti-User Support (named login)
Has featureRole-Based Security Model
Has featureMultiple Access Permission Levels (Create, Read, Delete)
Has featureReport-Level Access Control
Has featureTable-Level Access Control (BI-layer)
Has featureField-Level Access Control (BI-layer)
Has featureSingle Sign-On (SSO)
Mobile Capabilities Features
Does not have featureResponsive Design for Web Access
Does not have featureDedicated iOS Application
Does not have featureDedicated Android Application
Has featureDashboard / Report / Visualization Interactivity on Mobile
Additional Features
Has featureUsability - With a brand new user interface (UI), CCH Tagetik delivers an enhanced user experience allowing for easier navigation.
Has featureMobility - 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.
Has featureVelocity - CCH Tagetik has added in-memory technology to make the engine even faster. In CCH Tagetik, the user has the option to process Allocations, ETL or MDX calculations in memory, significantly speeding up processing.
Has featureFlexibility - Tagetik's open architecture allows for integration with the Microsoft technology stack, connectivity with strong SAP environments, and Qlik.
Has featureCCH Tagetik goes beyond traditional CPM by combining its market leading unified platform and SAP HANA’s in-memory technology to provide you with insights faster than ever before.

CCH Tagetik Integrations

SAP HANA, Microsoft Office Suite, Qlik

CCH Tagetik Competitors

Workday Adaptive Planning, Prophix, Anaplan, IBM Cognos, Board, Axiom EPM, Longview, Vena Solutions, Adaptive Insights, Oracle Hyperion, Host Analytics, OneStream

Pricing

  • Does not have featureFree Trial Available?No
  • Does not have featureFree or Freemium Version Available?No
  • Has featurePremium Consulting/Integration Services Available?Yes
  • Entry-level set up fee?No

CCH Tagetik Support Options

 Free VersionPaid Version
Social Media
Video Tutorials / Webinar
Phone
Email
Forum/Community
FAQ/Knowledgebase

CCH Tagetik Technical Details

Deployment Types:On-premise, SaaS
Operating Systems: Windows, Linux, Mac
Mobile Application:Apple iOS, Android, Windows Phone
Supported Countries:All regions
Supported Languages: English, Spanish, Italian, French