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Wolters Kluwer CCH® Tagetik - Competent Enough
October 17, 2023

Wolters Kluwer CCH® Tagetik - Competent Enough

Anonymous | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User

Overall Satisfaction with Wolters Kluwer CCH® Tagetik

The plan is to have a robust consolidation and planning application with a futuristic scope to use the AI and ML functionalities and avail the advantages it can provide to speed up the process and get a strategic advantage over the competition by taking future-oriented decisions, meeting the growing demand in the market with agile and change-oriented EPM approach.

  • AI enablement option
  • Extensible Dimensionality
  • Simple workflow process and ETL
  • Application Maintenance process
  • Understanding and Changing Metadata and its attributes
  • Architecture is complex for me.

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?

No

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

Yes

Would you buy Wolters Kluwer CCH® Tagetik again?

Yes

Oracle Hyperion (discontinued), OneStream, Microsoft Power BI
Below are the scenarios, where I feel Wolters Kluwer CCH® Tagetik is well suited:
Standardize and improve the consolidation process;​ Enable better integration between consolidated, transactional, and non-financial data;​ Integration options are better with multiple systems; An augmented analytics capability in Finance; Focus on the development of advanced analytical models; Utilization of Artificial Intelligence to drive insights and predict and prescribe future outcomes; Developing and enhancing the existing Management Information System (MIS).​

Wolters Kluwer CCH® Tagetik Feature Ratings

7.5
Long-term financial planning
Not Rated
Financial budgeting
Not Rated
Forecasting
Not Rated
Scenario modeling
7
Management reporting
8
8.3
Financial data consolidation
9
Journal entries and reports
8
Multi-currency management
10
Intercompany Eliminations
9
Minority Ownership
10
Local and consolidated reporting
9
Detailed Audit Trails
3
6.7
Financial Statement Reporting
Not Rated
Management Reporting
8
Excel-based Reporting
5
Automated board and financial reporting
7
XBRL support for regulatory filing
Not Rated
8.0
Personalized dashboards
Not Rated
Color-coded scorecards
Not Rated
KPIs
8
Cost and profitability analysis
8
Key Performance Indicator setting
Not Rated
Benchmarking with external data
Not Rated
9.0
Flat file integration
9
Excel data integration
9
Direct links to 3rd-party data sources
Not Rated
Not Rated
Pixel Perfect reports
Not Rated
Customizable dashboards
Not Rated
Report Formatting Templates
Not Rated
Not Rated
Drill-down analysis
Not Rated
Formatting capabilities
Not Rated
Integration with R or other statistical packages
Not Rated
Report sharing and collaboration
Not Rated
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
Pattern Recognition and Data Mining
Not Rated
Not Rated
Multi-User Support (named login)
Not Rated
Role-Based Security Model
Not Rated
Multiple Access Permission Levels (Create, Read, Delete)
Not Rated
Report-Level Access Control
Not Rated
Single Sign-On (SSO)
Not Rated
Not Rated
Responsive Design for Web Access
Not Rated
Dashboard / Report / Visualization Interactivity on Mobile
Not Rated