Overview
What is Wolters Kluwer CCH® Tagetik?
Tagetik is a corporate performance management solution that unifies budgeting, financial planning, consolidation and management reporting. Tagetik is offered as SaaS, on a private cloud, or on-premise, and can migrate between deployments as needed.
CCH Tagetik: a great financial reporting and consolidation tool
The best solution for your business
Reporting package fit for the end user
- Management reporting on monthly base.
- Consolidation on quarterly base.
- Entering budget.
Wolters Kluwer CCH® Tagetik - Competent Enough
The one and only CPM tool
Improve data quality
Directly integrate with diversified ERP landscape
Wolters Kluwer CCH® Tagetik allows us to become the 'best in class' finance department, supporting citizenM's growth
First time EPM user Review of CCH TAGETIK
Positively Powerful!
Wolters Kluwer CCH® Tagetik - no idea what it means but it does deliver excellent group financial reporting.
Tagetik the good CPM tool
Usage of CCH Tagetik within Pharma
My experience with Tagetik
Power of Wolters Kluwer CCH Tagetik
Easy for end users to follow.
Awards
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Popular Features
- Excel data integration (42)9.090%
- Management Reporting (45)8.989%
- Management reporting (45)8.787%
- Excel-based Reporting (47)7.878%
Reviewer Pros & Cons
Pricing
What is Wolters Kluwer CCH® Tagetik?
Tagetik is a corporate performance management solution that unifies budgeting, financial planning, consolidation and management reporting. Tagetik is offered as SaaS, on a private cloud, or on-premise, and can migrate between deployments as needed.
Entry-level set up fee?
- No setup fee
Offerings
- Free Trial
- Free/Freemium Version
- Premium Consulting/Integration Services
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Features
BI Standard Reporting
Standard reporting means pre-built or canned reports available to users without having to create them.
- 8Pixel Perfect reports(7) Ratings
Pixel Perfect reports are highly-formatted reports with graphics and ability to preview the report before printing.
- 8.5Customizable dashboards(8) Ratings
Customizable dashboards are dashboards providing the builder some degree of control over the look and feel and display options.
- 8.2Report Formatting Templates(9) Ratings
Ad-hoc Reporting
Ad-Hoc Reports are reports built by the user to meet highly specific requirements.
- 8.3Drill-down analysis(21) Ratings
Drill down analysis is the ability to get to a further level of detail by going deeper into the hierarchy.
- 8.4Formatting capabilities(21) Ratings
Ability to format output e.g. conditional formatting, lines, headers, footers.
- 7.7Integration with R or other statistical packages(7) Ratings
Integration with the open-source R predictive modeling environment.
- 8.3Report sharing and collaboration(13) Ratings
Report sharing and collaboration is the ability to easily share reports with others.
Report Output and Scheduling
Ability to schedule and manager report output.
- 8.4Publish to Web(9) Ratings
- 8.2Publish to PDF(12) Ratings
- 7.9Report Versioning(12) Ratings
Report versioning is the assignment of version numbers to each version of a report to help in tracking.
- 7.9Report Delivery Scheduling(9) Ratings
Report Delivery Schedule is the ability to have reports delivered to a destination at a specific data and time.
Data Discovery and Visualization
Data Discovery and Visualization is the analysis of multiple data sources in a search for patterns and outliers and the ability to represent the data visually.
- 7.9Pre-built visualization formats (heatmaps, scatter plots etc.)(6) Ratings
Pre-built visualization formats are canned visualization types that can be selected to visualize different kinds of data.
- 8Location Analytics / Geographic Visualization(4) Ratings
Location analytics is the visualization of geographical or spatial data.
- 8.8Predictive Analytics(6) Ratings
Predictive Analytics is the ability to build forecasting models based on existing data sets.
- 9.1Pattern Recognition and Data Mining(1) Ratings
Pattern recognition and data mining mean the ability to recognize hidden patterns in large quantities of data.
Access Control and Security
Access control means being able to determine who has access to which data.
- 8.8Multi-User Support (named login)(20) Ratings
Named model access means that users have access based on name and password.
- 8.4Role-Based Security Model(19) Ratings
Role-based access means that access to data is determined by job or position in the corporation.
- 8.2Multiple Access Permission Levels (Create, Read, Delete)(20) Ratings
Multiple access permission levels means that different levels of users have different rights.
- 7.9Report-Level Access Control(3) Ratings
Report-level access control means that the type of report determines who has access to it.
- 8.1Single Sign-On (SSO)(14) Ratings
Allows users to use one set of login credentials to access multiple applications
Mobile Capabilities
Support for mobile devices like smartphones and tablets.
- 6Responsive Design for Web Access(8) Ratings
Web design aimed at producing easy-to-read sites across a range of different devices.
- 7.7Dashboard / Report / Visualization Interactivity on Mobile(6) Ratings
In-app dashboard reports and data visualization.
Budgeting, Planning, and Forecasting
These activities are designed to assist with both data-driven operational, short-term planning and strategic long term planning
- 8.3Long-term financial planning(33) Ratings
3-5 year financial plan with cashflow.
- 8.2Financial budgeting(41) Ratings
Annual budget for revenue and operating expenses, headcount/compensation, capital expenses, projects, etc.
- 8.6Forecasting(38) Ratings
Combining actuals and budgets, rolling forecasts, driver-based models.
- 8.1Scenario modeling(33) Ratings
Financial or operational modeling of alternate future states and planning for each.
- 8.7Management reporting(45) Ratings
Budget vs. actual or forecast, P&L’s, performance over time, between products etc.
Consolidation and Close
Consolidation of data from multiple entities with currency management, reporting and audit trails.
- 8.9Financial data consolidation(37) Ratings
Consolidating data from several entities into a single statement using US GAAP, IFRS or other standards.
- 8.6Journal entries and reports(35) Ratings
Ability to enter journal entry adjustments and produce reports showing all journal entries for a specific period.
- 9.2Multi-currency management(32) Ratings
Ability to handle foreign currency conversions during consolidation.
- 8.5Intercompany Eliminations(35) Ratings
Matching and elimination of intercompany revenue, expenses, and balance sheet accounts.
- 6.7Minority Ownership(28) Ratings
Consolidate financials full or partial ownership of subsidiaries, equity pick-up.
- 9Local and consolidated reporting(41) Ratings
Ability to report against individual business entities and the consolidated umbrella entity.
- 7.5Detailed Audit Trails(33) Ratings
Tracing changes to data and processes that were run.
Financial Reporting and Compliance
Financial statements and regulatory filings
- 9Financial Statement Reporting(39) Ratings
Creation and production of balance sheets, income statements, cash flows, other schedules
- 8.9Management Reporting(45) Ratings
Tools facilitating creation of internal ad hoc or standard reports.
- 7.8Excel-based Reporting(47) Ratings
Ad hoc or formatted reports using MS Excel.
- 8.1Automated board and financial reporting(32) Ratings
Tools to help automate creation of regulatory reports such as SEC filings and board books.
- 8.2XBRL support for regulatory filing(18) Ratings
Support for the XBRL standard reporting format for exchanging financial data.
Analytics and Reporting
Dashboards and scorecards for KPI monitoring and benchmarking
- 7.9Personalized dashboards(26) Ratings
Create custom dashboards and reports without the help of IT or administrators.
- 7.6Color-coded scorecards(20) Ratings
Track and analyze performances with interactive, color-coded balanced scorecards.
- 8.5KPIs(24) Ratings
Select from a library of more than 6,000 key performance indicators, and incorporate KPIs into your planning process.
- 8.2Cost and profitability analysis(22) Ratings
Cost and profitability analysis provides data for business decision making.
- 7.9Key Performance Indicator setting(22) Ratings
Ability to set key performance indicators for measuring progress towards goals.
- 8Benchmarking with external data(14) Ratings
CPI, daily exchange rates, industry KPIs. with scheduled data refreshes.
Integration
Ability to integrate with external applications.
- 8.2Flat file integration(38) Ratings
Integration of flat files like text documents and comma separated files
- 9Excel data integration(42) Ratings
Ability to integrate directly with Excel data.
- 7.8Direct links to 3rd-party data sources(29) Ratings
Integration with external applications like ERP, CRM, HCM
Product Details
- About
- Integrations
- Competitors
- Tech Details
- FAQs
What is Wolters Kluwer CCH® Tagetik?
Companies can use CCH Tagetik solutions to save time, lower costs and reduce risk. Customers use CCH Tagetik to get a faster close, conduct more forward looking-planning and in-depth analytics by connecting data, processes and people with a single trusted source. CCH Tagetik Finance Transformation Platform, powered by the Analytic Information Hub, is a comprehensive unified platform that connects finance and operations and streamlines consolidation & close, planning, profitability, reporting & analytics, disclosures and regulatory compliance. Embedded AI and machine learning (ML) provides out-of-box predictive planning and a foundation for the future. CCH Tagetik can be deployed as SaaS, private cloud, or on-premise. The flexibility to migrate from one to the other means that the solution can match a company's strategy, today or in the future. The vendor boasts over 1,300 customers globally as current users of CCH Tagetik.
Wolters Kluwer CCH® Tagetik Features
Budgeting, Planning, and Forecasting Features
- Supported: Long-term financial planning
- Supported: Financial budgeting
- Supported: Forecasting
- Supported: Scenario modeling
- Supported: Management reporting
Consolidation and Close Features
- Supported: Financial data consolidation
- Supported: Journal entries and reports
- Supported: Multi-currency management
- Supported: Intercompany Eliminations
- Supported: Minority Ownership
- Supported: Local and consolidated reporting
- Supported: Detailed Audit Trails
Financial Reporting and Compliance Features
- Supported: Financial Statement Reporting
- Supported: Management Reporting
- Supported: Excel-based Reporting
- Supported: Automated board and financial reporting
- Supported: XBRL support for regulatory filing
Analytics and Reporting Features
- Supported: Personalized dashboards
- Supported: Color-coded scorecards
- Supported: KPIs
- Supported: Cost and profitability analysis
- Supported: Key Performance Indicator setting
- Supported: Benchmarking with external data
Integration Features
- Supported: Flat file integration
- Supported: Excel data integration
- Supported: Direct links to 3rd-party data sources
BI Standard Reporting Features
- Supported: Pixel Perfect reports
- Supported: Customizable dashboards
- Supported: Report Formatting Templates
Ad-hoc Reporting Features
- Supported: Drill-down analysis
- Supported: Formatting capabilities
- Supported: Predictive modeling
- Supported: Integration with R or other statistical packages
- Supported: Report sharing and collaboration
Report Output and Scheduling Features
- Supported: Publish to Web
- Supported: Publish to PDF
- Supported: Report Versioning
- Supported: Report Delivery Scheduling
Data Discovery and Visualization Features
- Supported: Pre-built visualization formats (heatmaps, scatter plots etc.)
- Supported: Location Analytics / Geographic Visualization
- Supported: Predictive Analytics
- Supported: Support for Machine Learning models
- Supported: Pattern Recognition and Data Mining
- Supported: Integration with R or other statistical packages
Access Control and Security Features
- Supported: Multi-User Support (named login)
- Supported: Role-Based Security Model
- Supported: Multiple Access Permission Levels (Create, Read, Delete)
- Supported: Report-Level Access Control
- Supported: Table-Level Access Control (BI-layer)
- Supported: Field-Level Access Control (BI-layer)
- Supported: Single Sign-On (SSO)
Mobile Capabilities Features
- Supported: Responsive Design for Web Access
- Supported: Dashboard / Report / Visualization Interactivity on Mobile
Additional Features
- Supported: Usability - With a brand new user interface (UI), CCH Tagetik delivers an enhanced user experience allowing for easier navigation.
- Supported: Mobility - CCH Tagetik utilizes HTML 5 to allow users to interact with CCH Tagetik through any mobile device. With the introduction of CCH Tagetik Anywhere technology, users can take advantage of this functionality with NO additional work.
- Supported: Velocity - CCH Tagetik has added in-memory technology to make the engine faster. In CCH Tagetik, the user has the option to process Allocations, ETL or MDX calculations in memory, significantly speeding up processing.
- Supported: Flexibility - Tagetik's open architecture allows for integration with the Microsoft technology stack, connectivity with strong SAP environments, and Qlik.
- Supported: CCH Tagetik combines its unified platform and SAP HANA’s in-memory technology to provide insights faster.
Wolters Kluwer CCH® Tagetik Screenshots
Wolters Kluwer CCH® Tagetik Video
Visit https://vimeo.com/856502165/538aa9c442 to watch Wolters Kluwer CCH® Tagetik video.
Wolters Kluwer CCH® Tagetik Integrations
Wolters Kluwer CCH® Tagetik Competitors
Wolters Kluwer CCH® Tagetik Technical Details
Deployment Types | On-premise, Software as a Service (SaaS), Cloud, or Web-Based |
---|---|
Operating Systems | Windows, Linux, Mac |
Mobile Application | Apple iOS, Android, Windows Phone |
Supported Countries | All regions |
Supported Languages | English, Spanish, Italian, French |
Frequently Asked Questions
Comparisons
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Reviews and Ratings
(69)Attribute Ratings
- 8.3Likelihood to Renew10 ratings
- 7.3Availability2 ratings
- 9.1Performance2 ratings
- 8.2Usability14 ratings
- 10Support Rating5 ratings
- 8.2Online Training1 rating
- 6.4In-Person Training2 ratings
- 6.4Implementation Rating2 ratings
- 7.3Configurability1 rating
- 9.1Product Scalability2 ratings
- 8.2Vendor pre-sale2 ratings
- 7.3Vendor post-sale2 ratings
Reviews
(1-25 of 48)a long journey with Wolters Kluwer CCH® Tagetik
- Committment
- Deliver
- Provide solutions
- Ifrs compliant
- Accouting
- Planning
- Consolidating: creating a solid report from all the different inputs.
- Reporting: the data comes out exactly as we want it, how we want it.
- Input: the different users can just send us their data in xslx-format, CCH Tagetik does not require a great number of users all using the tool.
- The support and education possibilities are of great quality.
- The learning curve is quite steep.
- Sometimes the Italian terms are a bit hard to understand.
The best solution for your business
- Unify multiple processes in one single platform
- Maximizes control over business data and processes
- Reduces the implementation/maintenance costs
- Optimizes decision processes thanks to flexible workflow system
- Data reconciliation and report production
- User interface can be improved graphically
- Compatibility of the newest update with previous third-party SW version (es. Office) should be extended
- Tagetik customer portal should be more user friendly
Reporting package fit for the end user
- Management reporting on monthly base.
- Consolidation on quarterly base.
- Entering budget.
- Integration with Excel.
- Good customer service desk.
- Very well documented.
- Easy to use as an administration with little IT skills.
- The user-friendliness of the HTML5 interface (might be a general thing with HTML5).
- More information in the tool itself.
- Better help functionality.
Very versatile and a lot of extra modules available (e.g. IFRS16 reporting, disclosure mgmt, tax calculation, ...).
It's clear that the program was designed by the financial users and not IT guys.
Wolters Kluwer CCH® Tagetik - Competent Enough
- 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.
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).
The one and only CPM tool
Improve data quality
Directly integrate with diversified ERP landscape
- Consolidation of investment
- Segment reporting
- Integrated planning
- Driver based planning
- Forecasting
- Predictive forecasting
- Knowledge base searchability
- Knowledge base navigation
- Hardware sizing
Very appropriate for groups with diversified ERP landscapes.
Wolters Kluwer CCH® Tagetik allows us to become the 'best in class' finance department, supporting citizenM's growth
- Budgeting
- Consolidation
- Reporting
- The solution is continuously improved, feedback is taken seriously
- Scalability
- The solution could be customized according to the customer's wishes, it offers lots of possibilities. This requires detailed knowledge of the system internally (or external consultants) when configuration adjustments are necessary.
- We experienced some challenges during the implementation of the transaction matching module related to the connectivity (API vs. FTP). The support from Tagetik on this has been excellent.
First time EPM user Review of CCH TAGETIK
- Reporting. Tagetik reporting can be done in two ways, excel or power BI. We have always been using and creating excel adhoc report which after learning how the design matrix works, makes designing a form fast and intuitive. If building an adhoc is Abit difficult, then using smart view made it as easy as using excel formulas like how you use tables and powerpivot. If you have experience with Power BI, that's also an option in creating a dynnaic and asthetically pleasing looking report that you can look at on any device (mobile, laptop, ipad).
- Allocation of Data. Tagetik provide alot of way for allocating data in both financial workspace and analytical. I find my favourite way was creating an allocation in AIH, through the use of Special Method using postgre SQL for my own flexibility. If not, there's an operation for allocation as well, where we just need to configure the parameter required for allocation.
- Integrity checks. Tagetik does this part well in a sense of ensuring Data that does not belong somewhere stays out. ALOT OF TIME, this saves us time on analyzing when data are missing or misuse in forms, processes, QDL or through an ETL.
- Warnings on Non existing details. Sometimes tagetik does not show warnings for uploads with detail that does not exist in Tagetik masterdata. Like account/destination mapping does not exist, got accepted into the upload but is stopped by integrity check to the reporting layer but did not show warnings, so the report showed some mismatch on what we expected because it seemed to accepted all the data.
- Execution time. Sometimes a process or allocation step have long time execution running of more than 10 mins (this happened particularly for our rolling forecast)
- Sometimes I had issue with excel plugin of tagetik stuck at login screen but this may either be excel problem or tagetik, I am not sure.
Positively Powerful!
- Consolidation
- User Creation/SetUp
- Job Scheduling
- IC Cockpit report is difficult to customize
Wolters Kluwer CCH® Tagetik - no idea what it means but it does deliver excellent group financial reporting.
- Report customisation.
- Drill down.
- Excel compatibility.
- Consolidation and close.
- Online help and manual is a bonus but could be improved e.g. the clarity of English explanations.
- Improved Excel compatibility e.g. formula driven reporting and dash boarding.
- Mobile phone connectivity e.g. launching a consolidation from a Wolters Kluwer CCH® Tagetik app.
Tagetik the good CPM tool
- good consolidation
- good planning
- good support
- sometimes after patches there are bugs
- better testing before launching
Usage of CCH Tagetik within Pharma
- 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
My experience with Tagetik
- Great overlay
- Automatics
- Easy reporting
- Sometimes its not that intuitive
- In HTML5 there are missing some features that where implemented in flex
- Excel downloads are locked
Power of Wolters Kluwer CCH Tagetik
- Data accuracy.
- Fully automated.
- Data integrations.
- Excel add-in gives a feel like working with Excel.
- IRR Interest Portion for loan calculations.
- In the new update after the flex was removed for the MDX Calculation, structure details are not available.
Easy for end users to follow.
- The drilldown report function makes it easy for end users to drill into their numbers when they have queries.
- The workflows are great to support users provide the right information at the right point in time.
- A small point, but being able to add deadline dates to the process has helped, especially with different time zones/holidays to be accommodated, month end can move about a bit. With these dates it avoids any confusion, as people do not always note down dates that are sent via email.
- Appreciate it is an ever moving target, but some areas of the user manual are still showing screenshots just for flex, and it would be good to have them updated to HTML5, Deployment as an example.
- When looking at forms in HTML5 as a user, it would be good to have a search function if possible, rather than having to open multiple folders if you are not sure where a report is. Though I appreciate the function is there in Excel.
- It would be good if some of the error messages were understandable, as they are often either cryptic, or stack trace details. For some simple things, like trying to select another another element too quickly whilst something is still processing, it would be good to have something saying that, rather than "unable to invoke method click in com.vaadin.shared.ui.button.ButtonServerRpc".
I think the important thing is to not over engineer it, as if users have to select 10 plus parameters when running a report, this can cause confusion, and result in different users looking at slightly different cuts of the same data, e.g. due to selecting different scenarios for conversion.
Banking with CCH Tagetik
We have many sources and platforms yet there are many reports that are handled manually (still). With what CCH Tagetik is able to provide, many of these teething issues can be taken in as a parameter maintenance and solved within minutes. Workflow is what the organization will be looking into for the current budget system. Exploration has been started, but it has yet to commence.
- Reports can be setup using multiple Hierarchy for various requirements.
- Reclassification be pre determine before the final report output.
- Workflow system to ease the lineage of how each report is formed and generated.
- It can be served as a one true source system.
- The steps of setting up the loading of data is slightly painful.
- The steps and error message while connecting the process workflow has to provide a hint on which area needed to be fixed (because it could be anywhere or anything).
- The combination of 2 segments for the excel upload on what's needed to eliminate is yet to resolved. Which made the entire list very long.
2. A very user friendly platform for Microsoft Office users, it has the capabilities to be a plug-in system and does not disrupt the day-to-day operations.
3. Able to connect with QlikView (in this case Qlik Sense) for visualization presentation.
4. The forecasting & console platform is very very powerful here in using CCH Tagetik.
Faster, more flexible reporting in your hands!
- CCH Tagetik is a reporting-based solution, which helps greatly both for performing analysis and for showing data to Top Management.
- It is adaptable all the way through, from the workflow set-up all the way to the final reporting.
- It is flexible so that analysis can be performed both at an overview level and at a granular level.
- While the new interface is more intuitive, it's still easy to get lost - luckily the manuals are easily accessible!
- When something goes wrong, sometime error messages are a bit too vague for the basic user (like myself) to understand what the problem is and how to fix the issue.
The fact that it's a report-based system implies a greater ability for data manipulation, meaning of course a greater power of analysis: data can be easily grouped in different ways to satisfy different reporting needs.
CCH Tagetik use in Shipping
- Quarterly closing &consolidation - accurate and fast. The ETL can be adjusted to our changing needs
- Reporting - excel interface that is flexible to design
- Budgeting and Forecasting - easy data entry, user independence
- Use of multiple scenarios
- Real time reporting - so far, complicated to set up in the company
- Group Cash Flow - still to be implemented
- HTML interface - slow passage
Financial functions should all work with CCH Tagetik
- User Friendly - users finds it very easy to use. For example the add-in in excel.
- All the data [is] centralized - the Head of Finance can access to the information quickly.
- Address a lot [of] issues related to the finance.
- Ad hoc analysis.
- More examples of cases.
Flexible. Scalable. Consistent. The one stop solution for your financial reporting needs.
- Data entry procedures. The integration with MS Office suite applications made data entry activities easy like filling an Excel spreadsheet, with the only difference that any detail is stored in a consistent database which can be easily analysed.
- Reporting utilities. For the same reason the reporting tool makes data report and analysis easy and faster than before.
- The consolidation processes can be easily controlled thanks to a work flow utility which shows the main steps of the process and the state of completion validated by any single user.
- Data quality and auditability. Data are stored in a solid a consistent DB structure which contains also all the details suitable for any system audit need.
- ETL tools can be easily customized, thus allowing a fast incorporation of new companies into the consolidation perimeter with a specific ETL routine.
- A specific feature of CCH Tagetik let you create multiple scenarios in which you can vary for the same period the consolidation perimeter. This is very useful if you are looking for implementing what-if analysis tool or you need to make restatements to your previous closing.
- Collaborative Office tool to manage and draft the MS Word document end extract the iXBRL file in line with ESMA reccomandations.
- The communication between users on the same platform could be improved by means of a private chat system. It seems that they have worked on it and included in the last version.
Wolters Kluwer/CCH Tagetik Review
- User friendly.
- Easy to access (Cloud system).
- Live time update (Speedy).
- Flexibility in creating reports.
- Dimensions complexity.
- To have drag and pull to create reports.
However as the system (namely process) is able to be setup as what we desired, users have been easily trained and understand what is required to input and load data, etc.
- Processes are clearly described in CCH Tagetik ; users can easily find where they are and which action they have to make
- Interaction with Excel is really fluid ; the Excel add-in is easy to deploy and to updgrade, in the hand of users. It is reliable provided the internet connection is fast.
- Managing hierachies is obvious in CCH Tagetik. Hierarchies are fundamental for a good reporting ; CCH Tagetik has obviously a deep experience of this feature.
- SaaS : our experience with CCH Tagetik is of only 1 year, but it technically performs well, the system is reponsive, no shut-down, and updates (every quarter) do not disturb production.
- AIH seems to be able to manage very large quantity of data, and to provide advanced analysis functionalities. We did not have time to explore them.
- Techical tools : ETLs are well structured, logical and understandable, but their interface is quite out-dated. Compared to pure ETLs like Alteryx, we long for a graphical interface. The HTML5 query interface (SQL) is too slow and too rough : hints on data model or field names would be appreciated.
- From a personal point-of-view, I would prefer a more compact web-interface, with smaller policies and other colours. OneStream or IBM analytics seem better on this aspect. It is subjective.
- Our business can be audited many years later. CCH Tagetik provides no particular improvement to restore data-sets that where used in the past (fact tables and dimensions), whilst avoiding to keep the old dimension values in the current application.
- Technical performances fall dramatically when trying to include too many dimensions in a report (even when using filters) ; it is difficult to export your data in flat files with the standard reporting tool. Switch to technical tools (SQL scripts, etc) are required for a reasonable time response.
IFRS 17 implementation (Malaysia)
- Accounting-based solutions.
- Strong support and implementation team.
- Strong experience in implementing financial/ accounting based solutions.
- Strong experience in IFRS 17.
- Complete experience in implementing IFRS 17 (but I do understand that IFRS 17 only comes into effect in 2023 - so everyone is still learning/ implementing).
- It would be great to have CCH Tagetik office/ implementation team based in Kuala Lumpur, Malaysia.
- It would be great if CCH Tagetik implementation team has resources with actuarial background.
CCH Tagetik: What else!
- Easy configuration.
- Workflows and approval task.
- The possibility to report in an easy way, self-built forms from users.
- A complete switch to an html5 interface.
- Business analytics.
- API for integration with ERP solutions.
CCH Tagetik provides a stable and secure platform for detailed planning and budgeting
- Excel interface capability makes it easier for user adoption
- Web interface and workflow provide both simplicity and control
- Multi-currency support
- Raw data import process could be simpler and faster
- Easier transition from Excel-based templates to Web-based
- Needs a complete HTML5 Admin console