CCH Tagetik Overview

What is CCH Tagetik?

CCH Tagetik goes beyond basic CPM. By aligning financial and operational data in a unified platform, our software ensures you're working with a single version of the truth. The result is faster financial processes and a complete view of your entire organization.

CCH Tagetik is also known as Tagetik.

Buyer's Guide

Download the Business Performance Management Buyer's Guide including reviews and more. Updated: May 2021

CCH Tagetik Customers
Daimler, Randstad, Rabobank, Metro Group
CCH Tagetik Video

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Director at a consultancy with 10,001+ employees
Real User
Leaderboard
Has an APM, which deals with the details of data and has calculation functions included

What is our primary use case?

Managerial consolidation and BPF (budgeting, planning, and forecasting), especially for big companies.

How has it helped my organization?

Strong relation of entity with workflow because its functions are very useful, but not arangible. I think customers like more flexible and independent functions.

What is most valuable?

APM, which deals with the details of data and has calculation functions included. It is very powerful. Accounting and financial departments members like it. 

What needs improvement?

Analytics function is weak. Other products have sum(irate) function and forecasting help function, but Tagetik does not have this clarity.

For how long have I used the solution?

One to three years.
it_user220197
IT Project Manager at a financial services firm with 1,001-5,000 employees
Vendor
It has enabled the automization of financial processes but there are some stability issues.

Valuable Features

It's user friendly, and it doesn't require code programming, with only the parameters needing to be entered.

Improvements to My Organization

It has enabled the automization of financial processes and overall workflow management.

Room for Improvement

Performance of the elaboration in terms of time.

Use of Solution

I've been using it for one year.

Deployment Issues

No issues encountered.

Stability Issues

Yes there are.

Scalability Issues

No issues encountered.

Customer Service and Technical Support

Customer Service: Very good. Technical Support: Very good.

Initial Setup

It was complex, you need a Tagetik consultant.

Implementation Team

Through a vendor team with a very high level of expertise.

Other Advice

The initial analysis is…
Find out what your peers are saying about Wolters Kluwer, Oracle, SAP and others in Business Performance Management. Updated: May 2021.
513,091 professionals have used our research since 2012.
it_user209880
Partner at a consultancy with 51-200 employees
Consultant
It is a very complete and powerful solution, however, in larger databases the response times of the reports need improvement.

What other advice do I have?

Before starting the configuration of your application, think about the trade off between using the Original Scenario compared to the Consolidation Scenario. This may sound a bit cryptic to those unfamiliar with Tagetik, but the choice between the two is fundamental for how easy maintenance of the solution will be, and how easy changes in business landscape are adapted in the application.
Buyer's Guide
Download our free Business Performance Management Report and find out what your peers are saying about Wolters Kluwer, Oracle, SAP, and more!