Item: Wolters Kluwer CCH® Tagetik
Rating: 10
Author: Verified User

Use Cases and Deployment Scope

We use CCH Tagetik for our budgeting and planning activities. CCH Tagetik is used by sales managers to input annual sales forecasts, the result of which drives our budgeting process. Department managers use CCH Tagetik to input operational expenses for the year. We also use CCH Tagetik for generating financial reports required by our parent organization.

Pros and Cons

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

Return on Investment

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

Alternatives Considered

Budget Maestro, Adaptive Insights and Solver BI360

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.

Other Software Used

JIRA Software, Atlassian Confluence, Bitbucket

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.

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

Overall Satisfaction with CCH Tagetik