Tagetik the good CPM tool
March 16, 2022

Tagetik the good CPM tool

Anonymous | TrustRadius Reviewer
Score 8 out of 10
Vetted Review
Verified User

Overall Satisfaction with Wolters Kluwer CCH® Tagetik

We are a consulting company and implement Wolters Kluwer CCH Tagetik for our customers. Mainly we implement the system, by setting up the data model, rules, consolidation settings and mostly do all the stuff with the historical data. My team and I are the experts for the consolidation parts and we advise our customers for optimal use with their new software Tagetik. As well we do some documentation of their system and do some training for them to support them at the highest level we could.

Pros

  • good consolidation
  • good planning
  • good support

Cons

  • sometimes after patches there are bugs
  • better testing before launching
  • consolidation
  • planning
  • reporting
  • generate customers for us
  • partner for selling and getting jobs
SAP S/4 HANA is a standalone tool for databases. I don't know any other product which is that effective with the databases. but for many customers it's too expensive and powerful which also results in the knowhow is needed and otherwise its really hard to get into SAP S/4 HANA doings. That's the point where Tagetik gets into it because its easier to understand and implement. the price is less and so customers change their system or let the database on HANA and the consolidation tool is Tagetik.

Do you think Wolters Kluwer CCH® Tagetik delivers good value for the price?

Yes

Are you happy with Wolters Kluwer CCH® Tagetik's feature set?

Yes

Did Wolters Kluwer CCH® Tagetik live up to sales and marketing promises?

I wasn't involved with the selection/purchase process

Did implementation of Wolters Kluwer CCH® Tagetik go as expected?

Yes

Would you buy Wolters Kluwer CCH® Tagetik again?

Yes

Microsoft 365 (formerly Office 365), Adobe PhotoShop, Final Cut Pro X
I think I have some good experience collected in my three years of working with Wolters Kluwer CCH Tagetik. in my opinion it suits very well in the consolidation part, planning part, and reporting part. because you have one software for all of these doings. so that's the point why Tagetik isn't that appropriate for anything I'm working on

Wolters Kluwer CCH® Tagetik Feature Ratings

7.4
Long-term financial planning
7
Financial budgeting
8
Forecasting
7
Scenario modeling
8
Management reporting
7
8.9
Financial data consolidation
9
Journal entries and reports
9
Multi-currency management
8
Intercompany Eliminations
9
Minority Ownership
8
Local and consolidated reporting
10
Detailed Audit Trails
9
8.4
Financial Statement Reporting
9
Management Reporting
8
Excel-based Reporting
10
Automated board and financial reporting
8
XBRL support for regulatory filing
7
8.0
Personalized dashboards
8
Color-coded scorecards
8
KPIs
8
Cost and profitability analysis
8
Key Performance Indicator setting
8
Benchmarking with external data
8
7.7
Flat file integration
9
Excel data integration
9
Direct links to 3rd-party data sources
5
7.3
Pixel Perfect reports
8
Customizable dashboards
7
Report Formatting Templates
7
6.5
Drill-down analysis
6
Formatting capabilities
6
Integration with R or other statistical packages
7
Report sharing and collaboration
7
6.0
Publish to Web
6
Publish to PDF
6
Report Versioning
6
Report Delivery Scheduling
6
7.0
Pre-built visualization formats (heatmaps, scatter plots etc.)
7
Location Analytics / Geographic Visualization
7
Predictive Analytics
7
7.0
Multi-User Support (named login)
7
Role-Based Security Model
7
Multiple Access Permission Levels (Create, Read, Delete)
7
Single Sign-On (SSO)
7
7.5
Responsive Design for Web Access
8
Dashboard / Report / Visualization Interactivity on Mobile
7

Comments

More Reviews of Wolters Kluwer CCH® Tagetik

  1. Home
  2. Corporate Performance Management (CPM) Software
  3. Wolters Kluwer CCH® Tagetik Reviews
  4. User Review of Wolters Kluwer CCH® Tagetik