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21 April 2017 - STAMFORD, Conn. and LUCCA, Italy

CCH Tagetik Discusses the Technical and Business Realities for Finance in the Cloud in CCH Tagetik’s Next Progressive CFO Webinar

EPM Expert Gary Simon talks with CFO Bernd Stangl of Alcatel-Lucent Enterprise about migrating finance to the cloud and how the move has supported the company’s business strategy

CCH Tagetik, part of Wolters Kluwer Tax & Accounting and the global provider of market- leading software solutions and information services for finance professionals, will host the webinar “Finance in the Cloud: An Insider’s Perspective,” the latest presentation in CCH Tagetik’s popular Progressive CFO series, on Thursday, April 27, at 9 a.m. Eastern Time/3 p.m. Central European Time.

Topics covered during the session include:  

  • The difference between private and public cloud implementations
  • How business user adoption factors into the success of cloud migrations
  • The financial and operational advantages of cloud solutions
  • How a successful cloud migration can strengthen the CFO-CIO partnership and support the modern business partner model for finance

Bernd Stangl, CFO of Alcatel-Lucent Enterprise (ALE), will relate his team’s experience in selecting, implementing, and using CCH Tagetik’s cloud solution for enterprise performance management.  When Alcatel-Lucent Enterprise was formed in late 2014 as a spinoff from Alcatel-Lucent, Stangl and his team were charged with setting up and managing financial information for 40 legal entities within the span of a year.  

“A cloud solution fit with our DNA,” said Stangl. “We needed an agile finance solution that matched the agility of our business and the innovation we bring to our customer-facing solutions. The solution also had to support the expectations for business users to be more analytical and forward-looking.” Today, ALE provides enterprise networking, communications, and services.

“In a carve-out situation such as ALE’s, the very success of the business can depend on getting your systems up and running very quickly. Cloud solutions provide the agility and capacity that such new companies require,” said Gary Simon, CEO of FSN and leader of the FSN Modern Financial Forum on LinkedIn, which has a membership of more than 38,000 finance professionals.

“We have seen a tremendous increase in cloud adoption during the last 12 months. Many companies, from small business to large corporations, are either committed to or at least considering cloud for new finance solutions. But they don't expect to compromise on product capability or scalability. Our feature-rich corporate performance management cloud software solution combines powerful features the Office of Finance needs with all the benefits of the cloud’’ said Dave Kasabian, VP Marketing of CCH Tagetik. “The Cloud without Compromise" eliminates much of the risk in modernizating the Office of the CFO.’’

CCH Tagetik understands the complex challenges that face the Office of the CFO and translates that knowledge into intuitive, enterprise-scale CCH® Tagetik performance management software solutions that drive business results. Learn more about CCH Tagetik at www.tagetik.com.

To register for the webinar, click here

Media Contacts:

Linda Galloway Corporate and EMEA insidHR Communications +1 303 863 8620 office+1 203 733 7446 mobile

Greta Bartoli CCH Tagetik Press Release & Social Media Specialist +39 0583 96811 office