TrustRadius
Smart and effective
https://www.trustradius.com/corporate-performance-management-cpmCCH TagetikUnspecified8.536101
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Updated December 22, 2016

Smart and effective

Score 7 out of 101
Vetted Review
Verified User
Review Source

Overall Satisfaction with Tagetik

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 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.
  • Positive impact in term of time. The consolidation and reporting process is faster and we spared at least two weeks of work.
Tagetik can consolidate data in a better and easier way.
Tagetik is well suited to a medium large company with many little (commercial) subsidiaries. It becomes less appropriate in smaller company, in my opinion.

CCH Tagetik Feature Ratings

Long-term financial planning
Not Rated
Financial budgeting
Not Rated
Forecasting
Not Rated
Scenario modeling
Not Rated
Management reporting
8
Financial data consolidation
8
Multi-currency management
8
Intercompany Eliminations
9
Minority Ownership
8
Local and consolidated reporting
9
Detailed Audit Trails
7
Financial Statement Reporting
Not Rated
Management Reporting
8
Excel-based Reporting
8
Automated board and financial reporting
Not Rated
XBRL support for regulatory filing
Not Rated
Personalized dashboards
8
Color-coded scorecards
8
KPIs
8
Cost and profitability analysis
8
Key Performance Indicator setting
8
Flat file integration
6
Excel data integration
8
Direct links to 3rd-party data sources
8

Tagetik Support

Fast answers, solve problems, but with extra payment for assistance
ProsCons
Quick Resolution
Good followup
Knowledgeable team
Problems get solved
Kept well informed
Immediate help available
Support cares about my success
Quick Initial Response
None
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