Banking with CCH Tagetik
Updated April 22, 2021
Banking with CCH Tagetik

Score 9 out of 10
Vetted Review
Verified User
Overall Satisfaction with Wolters Kluwer (CCH Tagetik)
Currently, CCH Tagetik is being used by a department. Eventually, there will be a pipeline to use it across the whole organization for the betterment of the entire organization based on the workflow capabilities.
We have many sources and platforms yet there are many reports that are handled manually (still). With what CCH Tagetik is able to provide, many of these teething issues can be taken in as a parameter maintenance and solved within minutes. Workflow is what the organization will be looking into for the current budget system. Exploration has been started, but it has yet to commence.
We have many sources and platforms yet there are many reports that are handled manually (still). With what CCH Tagetik is able to provide, many of these teething issues can be taken in as a parameter maintenance and solved within minutes. Workflow is what the organization will be looking into for the current budget system. Exploration has been started, but it has yet to commence.
- Reports can be setup using multiple Hierarchy for various requirements.
- Reclassification be pre determine before the final report output.
- Workflow system to ease the lineage of how each report is formed and generated.
- It can be served as a one true source system.
- The steps of setting up the loading of data is slightly painful.
- The steps and error message while connecting the process workflow has to provide a hint on which area needed to be fixed (because it could be anywhere or anything).
- The combination of 2 segments for the excel upload on what's needed to eliminate is yet to resolved. Which made the entire list very long.
- Expect to have a quicker financial close.
- Improved in accuracy for forecasting.
- Improved in data transparency.
1. Price - CCH Tagetik offers a price advantage as compared to bigger competitors.
2. Modules - CCH Tagetik is able to provide what the Finance of today needs.
3. Usability - It is not difficult to use once a user is able to grasps hold of the Tagetik concept and mechanism
2. Modules - CCH Tagetik is able to provide what the Finance of today needs.
3. Usability - It is not difficult to use once a user is able to grasps hold of the Tagetik concept and mechanism