CCH Tagetik vs Workiva Wdesk comparison

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Wolters Kluwer Logo
1,000 views|844 comparisons
85% willing to recommend
Workiva Logo
516 views|324 comparisons
66% willing to recommend
Comparison Buyer's Guide
Executive Summary

We performed a comparison between CCH Tagetik and Workiva Wdesk based on real PeerSpot user reviews.

Find out in this report how the two Business Performance Management solutions compare in terms of features, pricing, service and support, easy of deployment, and ROI.
To learn more, read our detailed CCH Tagetik vs. Workiva Wdesk Report (Updated: March 2024).
768,578 professionals have used our research since 2012.
Featured Review
Quotes From Members
We asked business professionals to review the solutions they use.
Here are some excerpts of what they said:
Pros
"Has an APM, which deals with the details of data and has calculation functions included.""I've primarily worked with CCH Tagetik as a consultant, handling implementations and not providing day-to-day user support. I initially appreciated the unified platform, the Ownership Structure Register, which benefits certain entities. The workflow feature is great, but it can become overly detailed and lacks clear guidance on design. The solution is good in terms of storage.""I appreciate its user-friendliness, especially for business users who may not be very tech-savvy.""The most valuable feature of CCH Tagetik is form creation."

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"It helps you to maintain a backup of your data, including the connectivity with the tables, which provides a user-friendly way to handle and access your files.""The collaboration within the platform is valuable.""It makes the compliance process more efficient and more effective.""Workiva Wdesk has a flow diagram that is standardized, making it easy for people to file documents on ECDAs, which are in HTML format.""The most valuable feature is its ability to easily upload and update financial results, creating a dynamic data sheet.""Workiva Wdesk is pretty good in terms of getting the data from the system, automating the reporting schedules...It has a very good integration with ERP tools."

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Cons
"We faced difficulties while uploading data.""Analytics function is weak. Other products have sum(irate) function and forecasting help function, but Tagetik does not have this clarity.""The tool's major drawback is the ETL process, which is not up to par with other solutions.""There is room for improvement, especially on the settings side of the solution."

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"With this product, it's more about the integrated data model where you can have a one-to-many/many-to-one relationship between your policies and processes, risks, and controls. They need to showcase how you can put those pieces together.""The speed must be improved.""One area where Workiva Wdesk could improve is by ensuring that its cloud-based system is fully compatible with the most current versions of PowerPoint and Excel.""At this point, I don't see a compelling reason to invest in Workiva. It may be necessary for compliance and controlling the version of SCC, but not everyone needs its high-end capabilities.""The most critical issue is the need to shift between uppercase and lowercase.""Regarding the solution, reporting has certain areas that can be considered for improvement."

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Pricing and Cost Advice
  • "The solution's pricing is affordable."
  • "The solution is quite expensive."
  • More CCH Tagetik Pricing and Cost Advice →

  • "Our clients in Asia think that the solution is too expensive."
  • More Workiva Wdesk Pricing and Cost Advice →

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    Questions from the Community
    Top Answer:I've primarily worked with CCH Tagetik as a consultant, handling implementations and not providing day-to-day user support. I initially appreciated the unified platform, the Ownership Structure… more »
    Top Answer:The solution's pricing is affordable.
    Top Answer:The tool's major drawback is the ETL process, which is not up to par with other solutions.
    Top Answer:The most valuable feature is its ability to easily upload and update financial results, creating a dynamic data sheet.
    Top Answer:Wdesk is affordable and as far as I'm aware, there were no additional costs beyond the standard license increase. We didn't have to make any other changes; it primarily involved accessing the platform… more »
    Top Answer:One area where Workiva Wdesk could improve is by ensuring that its cloud-based system is fully compatible with the most current versions of PowerPoint and Excel. Sometimes, the features available in… more »
    Ranking
    Views
    1,000
    Comparisons
    844
    Reviews
    3
    Average Words per Review
    362
    Rating
    7.0
    Views
    516
    Comparisons
    324
    Reviews
    6
    Average Words per Review
    692
    Rating
    7.0
    Comparisons
    Also Known As
    Tagetik
    Wdesk
    Learn More
    Wolters Kluwer
    Video Not Available
    Overview

    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.

    Wdesk is used across the enterprise to support hundreds of data collaboration, reporting, and compliance processes. Use Wdesk to:

    • Optimize your structured and composite reports
    • Improve trust in your data, reports, and presentations
    • Transform processes to enable insight
    Sample Customers
    Daimler, Randstad, Rabobank, Metro Group
    Noodles Company, eBay, Winnebago, American Assets Trust, AmericanEnterprise, Calpian, Capstone Infrastructure, Cascades, Circor International, Coeur Mining, Davey, Dr Pepper Snapple
    Top Industries
    VISITORS READING REVIEWS
    Financial Services Firm13%
    Manufacturing Company13%
    Computer Software Company12%
    Retailer9%
    VISITORS READING REVIEWS
    Financial Services Firm20%
    Educational Organization18%
    Insurance Company6%
    Computer Software Company6%
    Company Size
    REVIEWERS
    Small Business57%
    Large Enterprise43%
    VISITORS READING REVIEWS
    Small Business21%
    Midsize Enterprise9%
    Large Enterprise70%
    VISITORS READING REVIEWS
    Small Business20%
    Midsize Enterprise24%
    Large Enterprise56%
    Buyer's Guide
    CCH Tagetik vs. Workiva Wdesk
    March 2024
    Find out what your peers are saying about CCH Tagetik vs. Workiva Wdesk and other solutions. Updated: March 2024.
    768,578 professionals have used our research since 2012.

    CCH Tagetik is ranked 13th in Business Performance Management with 6 reviews while Workiva Wdesk is ranked 12th in Business Performance Management with 6 reviews. CCH Tagetik is rated 7.6, while Workiva Wdesk is rated 7.0. The top reviewer of CCH Tagetik writes "User-friendly performance management with intuitive approach". On the other hand, the top reviewer of Workiva Wdesk writes "A user-friendly tool useful for data consolidation and automating the reporting schedules". CCH Tagetik is most compared with SAP Business Planning and Consolidation, Oracle HFM, Oracle Hyperion, Anaplan and IBM Cognos, whereas Workiva Wdesk is most compared with AuditBoard, Oracle Hyperion, RSA Archer, OneTrust GRC and LucaNet. See our CCH Tagetik vs. Workiva Wdesk report.

    See our list of best Business Performance Management vendors and best Financial Close Software vendors.

    We monitor all Business Performance Management reviews to prevent fraudulent reviews and keep review quality high. We do not post reviews by company employees or direct competitors. We validate each review for authenticity via cross-reference with LinkedIn, and personal follow-up with the reviewer when necessary.