Usage of CCH Tagetik within Pharma
March 08, 2022

Usage of CCH Tagetik within Pharma

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

Overall Satisfaction with Wolters Kluwer CCH® Tagetik

The company strategy and organizational model have changed, together with a newly implemented TO-BE primary process. Current systems were not capable to deal with this and the growing information needs of various stakeholders. Therefore CCH Tagetik is implemented for consolidation, reporting, analysis, budgeting, planning and forecasting, and annual reports. To support the organic growth and acquisition strategy.
  • Data acquisition and validation
  • Consolidation, reporting and disclosures like the annual reports
  • Budgeting, planning & forecasting
  • Ease of use
  • Easy to maintain by finance users
  • Scorecards
  • Less staf needed to support organizational growth
  • Shorten reporting deadlines
  • Eliminate manual work
Better workflow capabilities Strongest solution for consolidation Easy to maintain and finance owned
Ease of use with workflow and process control is the strongest I've seen. Snapshot functionality for reporting and analysis e.g. best-case and worst-case scenario analysis is great.
When a company is looking for a corporate or enterprise performance management platform. Storage of detailed financial and operational data for analysis. Workflow, process control, and validations are important

Wolters Kluwer CCH® Tagetik Feature Ratings

Long-term financial planning
10
Financial budgeting
10
Forecasting
10
Scenario modeling
10
Management reporting
10
Financial data consolidation
10
Journal entries and reports
10
Multi-currency management
10
Intercompany Eliminations
Not Rated
Minority Ownership
10
Local and consolidated reporting
10
Detailed Audit Trails
10
Financial Statement Reporting
10
Management Reporting
10
Excel-based Reporting
10
Automated board and financial reporting
10
XBRL support for regulatory filing
10
Personalized dashboards
10
Color-coded scorecards
6
KPIs
10
Cost and profitability analysis
10
Key Performance Indicator setting
10
Benchmarking with external data
10
Flat file integration
10
Excel data integration
10
Direct links to 3rd-party data sources
10
Pixel Perfect reports
10
Customizable dashboards
10
Report Formatting Templates
10
Drill-down analysis
10
Formatting capabilities
10
Integration with R or other statistical packages
10
Report sharing and collaboration
Not Rated
Publish to Web
10
Publish to PDF
10
Report Versioning
10
Report Delivery Scheduling
10
Pre-built visualization formats (heatmaps, scatter plots etc.)
10
Location Analytics / Geographic Visualization
10
Predictive Analytics
10
Multi-User Support (named login)
10
Role-Based Security Model
10
Multiple Access Permission Levels (Create, Read, Delete)
10
Single Sign-On (SSO)
10
Responsive Design for Web Access
10
Dashboard / Report / Visualization Interactivity on Mobile
10