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Positively Powerful!
October 31, 2022

Positively Powerful!

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

Overall Satisfaction with Wolters Kluwer CCH® Tagetik

We needed a software that could consolidate a variety of currencies and ERP systems. Tagetik has definitely provided that for us. We use 8 different ERP systems and 16 currencies. With Tagetik we can report in any currency we need and consolidate our financials during month end close as often as we desire.
  • Consolidation
  • User Creation/SetUp
  • Job Scheduling
  • IC Cockpit report is difficult to customize
  • Job Scheduling
  • IC Cockpit - Intercompany Matching
  • Reporting
  • Consolidation allows for robust reporting
  • Multiple entity hierarchies allows for a variety of financial views
  • Job scheduling brought us automatic loads of our trial balances
I have not used another consolidation software like Tagetik previously.

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?

Yes

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

I wasn't involved with the implementation phase

Would you buy Wolters Kluwer CCH® Tagetik again?

Yes

I specifically love the variety of reporting options that Wolters Kluwer CCH Tagetik provides. I can teach users to report in Excel using a matrix or the TGKRETF formula. Both allow for pulling data in pretty much any manner or format desired. The SmartInsight tool in the web application is a trimmed down version of Excel which allows for drag and drop reporting which users are coming to love quite quickly.

Wolters Kluwer CCH® Tagetik Feature Ratings

8.0
Long-term financial planning
Not Rated
Financial budgeting
7
Forecasting
7
Scenario modeling
9
Management reporting
9
9.0
Financial data consolidation
9
Journal entries and reports
9
Multi-currency management
10
Intercompany Eliminations
9
Minority Ownership
Not Rated
Local and consolidated reporting
10
Detailed Audit Trails
7
8.0
Financial Statement Reporting
8
Management Reporting
8
Excel-based Reporting
8
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
9.0
Flat file integration
Not Rated
Excel data integration
9
Direct links to 3rd-party data sources
9
Not Rated
Pixel Perfect reports
Not Rated
Customizable dashboards
Not Rated
Report Formatting Templates
Not Rated
8.7
Drill-down analysis
8
Formatting capabilities
9
Integration with R or other statistical packages
Not Rated
Report sharing and collaboration
9
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
9.3
Multi-User Support (named login)
9
Role-Based Security Model
9
Multiple Access Permission Levels (Create, Read, Delete)
9
Single Sign-On (SSO)
10
8.0
Responsive Design for Web Access
8
Dashboard / Report / Visualization Interactivity on Mobile
Not Rated