CCH Tagetik
Drive innovation with a proven Corporate Performance Management solution
MHR and CCH Tagetik: driving finance efficiency
Transform your finance function with streamlined close and consolidation, regulatory compliance and planning in a smart, unified platform.
We make it easy to ensure financial governance, to meet obligations from external regulators while delivering a real-time, accurate view of your financial position. With precise forecasts to eliminate human error and risk, embedded predictive intelligence, automated reports and simple integrations with wider finance and operations, finance leaders can boost their organisation's agility in a turbulent environment.
We can deliver the smoothest possible implementation against specific business and regulatory requirements.
We can help you to:
- Create value and drive change to boost business resilience
- Reach faster consolidation and close
- Adopt precise forecasts to predict and develop future strategies
- Achieve better compliance and control through regulatory reporting
- Understand your organisational health with real-time cash flow monitoring
The Benefits of MHR and CCH Tagetik
Effectively plan your operations with accurate forecasting, focussing resource allocation on high-value functions. CCH Tagetik and MHR will connect data and processes across your organisation to create a centralised source of information and an accurate view of the entire business.
Accurate planning and forecasting
Respond to change with speed and agility using granular financial and operational data, with real-time continuous planning to strategize more often and in-depth
Accelerated consolidation and close
Speed up your financial close with streamlined end-to-end processes, from local close and group consolidation to regulatory reporting and disclosure with full compliance and control to reduce cycle times
Maintain compliance
Pre-built add-ons address specific regulatory requirements, such as Lease Accounting (IFRS 16), Insurance (IFRS 17), iXBRL, Solvency II, FINREP & COREP, Revenue Recognition and more
Efficient regulatory reporting
Centralise all corporate data in a single trusted source to drill down and transform data into the reports you need, with complete version control to track changes and maintain data governance
Streamlined disclosure management
Take the human error out of the last mile by automatically populating results for annual filings, board books and management presentations ensuring accurate, consistent and compliant analysis
Automated account reconciliation
Automatically reconcile balance sheets and income statements with mandatory approval workflows to keep you in control, reducing errors and freeing up your time for value added tasks
Faster consolidation and improved compliance with CCH Tagetik and MHR
Evolve your function with Tagetik
Finance functions need to transform to increase their resilience, especially in uncertain market conditions. While Excel will always have its place for certain tasks, for strategic insights you need to propel your strategy forward with the right management tools.
Enable your digital transformation and streamline your financial close and consolidation, compliance, disclosure and planning, with greater access to information to drive your business in the best direction.
Our Corporate Performance Management platform will enable you to save time, make faster decisions and minimise risk with key compliance-friendly features like configurable templates, workflows and standard-specific logic.
Creating value and driving change
Finance professionals' true value to the organisation lies in insights that generate creative solutions to business problems. However, to create the bandwidth necessary to focus on this value-added work, resource-sapping processes need to be streamlined.
We can support your finance function from transaction to close. Save time on budgets, reconciliation, planning, and reporting, backed up by support from our experts. We’ll make recommendations based on your requirements to ensure you have the tools to simplify operational complexity.
With all your data sources in one place, you'll gain greater visibility of the impact of operational drivers on financial performance for more accurate, data-driven decisions.
FAQs
Yes. With the Tagetik Excel add on, you can automatically populate Excel sheets with CCH Tagetik data. Wider integration with the Microsoft product suite also means you can craft reports and presentations in Word and PowerPoint, run CCH Tagetik on Microsoft SQL server and create intuitive dashboards with PowerBI.
In Gartner's Market Guide for Cloud, Extended Planning and Analysis Solutions, Gartner has recognised CCH Tagetik as a market leader. The solution provides comprehensive coverage of all planning types, included workforce planning, integrated business planning, sales and operational planning as well as integrated (extended) planning. This helps to deliver a holistic, joined-up view of the business.
CCH Tagetik is suitable for enterprise as well as SMEs across all sectors, including highly regulated industries. Contact us for an assessment of its suitability for your business.
CCH Tagetik seamlessly integrates with all your current applications to extend the power of your existing investments.