CCH Tagetik provides a stable and secure platform for detailed planning and budgeting
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
Verified User
Review Source

Overall Satisfaction with CCH Tagetik

We use CCH Tagetik for our budgeting and planning activities. Tagetik is used by sales managers to input annual sales forecasts, the result of which drives our budgeting process. Department managers use Tagetik to input operational expenses for the year. We also use Tagetik for generating financial reports required by our parent organization.
  • Excel interface capability makes it easier for user adoption
  • Web interface and workflow provide both simplicity and control
  • Multi-currency support
  • Raw data import process could be simpler and faster
  • Easier transition from Excel-based templates to Web-based
  • Needs a complete HTML5 Admin console
  • Replacing old, fragile Excel-based models
  • Providing a database back-end for recording user input that drives budgeting and planning
  • Excellent security helps us to isolate sensitive information
CCH Tagetik has excellent multi-currency support and it enables us to plan at a low-level of detail, which is very important to us.
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.

CCH Tagetik Feature Ratings

Long-term financial planning
10
Financial budgeting
10
Forecasting
10
Scenario modeling
10
Management reporting
10
Financial data consolidation
Not Rated
Journal entries and reports
Not Rated
Multi-currency management
10
Intercompany Eliminations
Not Rated
Minority Ownership
Not Rated
Local and consolidated reporting
Not Rated
Detailed Audit Trails
Not Rated
Financial Statement Reporting
10
Management Reporting
10
Excel-based Reporting
10
Automated board and financial reporting
10
XBRL support for regulatory filing
Not Rated
Personalized dashboards
10
Color-coded scorecards
10
KPIs
10
Cost and profitability analysis
10
Key Performance Indicator setting
10
Benchmarking with external data
Not Rated
Flat file integration
10
Excel data integration
10