Shorten close by 56% with CCH Tagetik

Have a specific question? Query our research catalogue with the Nucleus AI Tool.

Nucleus interviewed customers of Wolters Kluwer CCH Tagetik and discovered significant benefits including enhanced operational efficiency, reduced financial close times, and improved financial and operational decision-making. Key quantitative benefits identified include the reduction of quarterly financial close times from 92 days to 40 days, attributed to the system’s efficiency and process enhancements. The implementation facilitated the consolidation of financial data across multiple currencies and entities, initially involving 150 entities across 50 currencies. Additionally, the deployment of CCH Tagetik reduced annual budget process time from 4 months to 4 weeks for one customer and streamlined month-end reporting and allocation processes from days to hours. These efficiencies underscore CCH Tagetik’s value for firms seeking a dedicated CPM solution.

Learn more about Nucleus Research’s ROI case study approach here.

Gain the knowledge you need to effectively develop and deliver a financial business case at ROIUniversity.com.