Connecting finance and operations with CCH Tagetik

October 13, 2021 - Research V149

The ability to collect, normalize and validate data from a variety of sources is increasingly valuable. Wolters Kluwer capitalizes on this trend by offering high levels of integration across operational, financial, and third-party data flows on its CPM platform, CCH Tagetik. CCH Tagetik helps global enterprises accelerate decision making through predictive capabilities and an open platform to connect enterprise data. CCH Tagetik customers leverage previously siloed data to enable holistic budgeting and forecasting, and benefit from the high granularity as they break down financial and operational data to specific projects, teams, and consultants for relevant analytics. Interviewed customers also reduced financial reporting timeframes by automating their financial close and consolidation, with one customer performing the annual close 50 percent faster.