Kistler
Planning & Forecasting, Production Cost Planning, Reporting, Group Consolidation, CCH Tagetik Analytics
”We were impressed with the professionalism of CCH Tagetik and pmOne and the versatility of the software, because it covers the full range of tasks in the finance department. We now have a tool that helps us to plan in a very structured way. This is a huge advantage, since the process gives us security. Another benefit is that we are always informed about the status and progress, via a central cockpit”
Daniel Uhr - Head of Corporate Controlling
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the challenge
In the Finance department at Kistler Group, a new era has dawned. A new planning tool needed to be introduced, hand in hand with the organizational changes. Kistler Group worked with Horvàth & Partners, a Management Consultant, who also proposed a number of software vendors for the implementation. “It was the single platform – an important idea,” recalls Daniel Uhr, Head of Corporate Controlling for the Kistler Group, about the vendor selection process.
The new software had to not only meet specific design requirements – but also needed a powerful reporting and consolidation tool that could meet the expectations of a group of companies operating globally. They chose a solution based on CCH Tagetik and pmOne software. “We were impressed with the professionalism of the vendor and the versatility of the software, because it covers the full range of tasks in the finance department,” said Daniel Uhr.
Benefits
Single platform that meets multiple finance dept. requirements
CCH Tagetik helps the company to plan in a very structured way, ensuring great security
Integrated with MSFT and SAP: ability to leverage the company‘s existing technology investments
Higher data granularity and new analysis capabilities brought a boost to the quality of reporting
New insights into the business from the efficient centralized reporting provided by the solution
Strict process control, and extensive automation facilitates efficiency
the solution
The company’s organizational shift to a matrix structure has been accompanied by the introduction of a new planning solution based on CCH Tagetik and pmOne software. Higher data granularity and new analysis capabilities brought a boost to the quality of reporting. The new application provides strict process control, and extensive automation facilitates efficiency. This includes integration with the company’s SAP source systems. Accounting at Kistler Group needed to address SWISS GAAP FER in the coming year, and the CCH Tagetik and pmOne solution serves as a uniform technology platform for Group Consolidation as well.
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