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CCH Tagetik use in Shipping
Updated March 30, 2021

CCH Tagetik use in Shipping

Anonymous | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User

Overall Satisfaction with Wolters Kluwer (CCH Tagetik)

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. The main user of the system is the Finance department but once the data is validated, the software also supplies reports to other departments.
  • 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
  • Real time reporting - so far, complicated to set up in the company
  • Group Cash Flow - still to be implemented
  • HTML interface - slow passage
  • Better reporting
  • Better forecasting, budgeting and closings
For us [CCH] Tagetik has been easy to use as long as the task are straight forward (closing, consolidation, reporting etc). In our case, we have to use outside of [CCH] Tagetik excel modelling because the system can't support, is too slow or gives errors, the moment when there are too many variables that are simulated.

Wolters Kluwer CCH® Tagetik Feature Ratings

8.3
Long-term financial planning
Not Rated
Financial budgeting
5
Forecasting
8
Scenario modeling
10
Management reporting
10
9.4
Financial data consolidation
10
Journal entries and reports
10
Multi-currency management
10
Intercompany Eliminations
10
Minority Ownership
10
Local and consolidated reporting
8
Detailed Audit Trails
8
9.3
Financial Statement Reporting
8
Management Reporting
10
Excel-based Reporting
10
Automated board and financial reporting
Not Rated
XBRL support for regulatory filing
Not Rated
Not Rated
Personalized dashboards
Not Rated
Color-coded scorecards
Not Rated
KPIs
Not Rated
Cost and profitability analysis
Not Rated
Key Performance Indicator setting
Not Rated
Benchmarking with external data
Not Rated
10.0
Flat file integration
Not Rated
Excel data integration
10
Direct links to 3rd-party data sources
Not Rated
Not Rated
Pixel Perfect reports
Not Rated
Customizable dashboards
Not Rated
Report Formatting Templates
Not Rated
9.5
Drill-down analysis
10
Formatting capabilities
9
Integration with R or other statistical packages
Not Rated
Report sharing and collaboration
Not Rated
Not Rated
Publish to Web
Not Rated
Publish to PDF
Not Rated
Report Versioning
Not Rated
Report Delivery Scheduling
Not Rated
Not Rated
Pre-built visualization formats (heatmaps, scatter plots etc.)
Not Rated
Location Analytics / Geographic Visualization
Not Rated
Predictive Analytics
Not Rated
10.0
Multi-User Support (named login)
10
Role-Based Security Model
10
Multiple Access Permission Levels (Create, Read, Delete)
10
Single Sign-On (SSO)
Not Rated
Not Rated
Responsive Design for Web Access
Not Rated
Dashboard / Report / Visualization Interactivity on Mobile
Not Rated