HFM MIGRATION PAPER

from Coding to Configuration. from Fragmented to Unified. from Oracle Hyperion HFM to CCH Tagetik

When replacing Oracle Hyperion Financial Management (HFM) Solution, you find CCH Tagetik, the new era of Consolidation!


  • Designed to keep pace with your organizational changes and statutory requirements.
  • All the Consolidation workflow at your fingertips, without coding: account reconciliation, data loading, consolidation, reporting and adjustments, disclosure and tax reporting. 
  • A single solution for finance, designed to handle all your complex requirements.
  • Accelerate analysis through a powerful finance-owned data engine, the Analytic Information Hub, to expand the granularity of your insight. 
  • Confidence and control: unify your fragmented legacy systems, no more checking and double checking.

Go beyond historical solutions. Accelerate your Consolidation.

Replacing while simplifying our integrated legal and management consolidation processes, without the need of scripts, hard-coded parameters and complex customizations, was key for choosing CCH Tagetik for our group consolidation and reporting.

Guillaume Celestin - Head of Finance & Controlling, Maus Frères SA 

CCH Tagetik Consolidation

Automate. Accelerate. Analyze. 

Complete Consolidation Solution
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Manage the entire consolidation workflow in one solution - from data loading to consolidation to disclosure, enabling unified workflows, streamlined processes and full traceability

Finance Owned and Maintained
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Thanks to an intuitive GUI and built-in financial intelligence, own the solution and easily make modifications without scripting or having to rely on IT

Accelerate Variance and What-if Analysis
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Leverage the same metadata across all the financial processes to speed up calculations on the fly, variance analysis, what-if scenarios with no need to copy data from one application to another one. Focus on value-added analysis accelerating the time to drive action

Modern and User-Friendly
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Save time and improve the user experience with a modern interface. Access and share real-time data anywhere, anytime. And with a seamless integration to MS Word and PowerPoint, create narrative reports, board books and more

Fast Upgrades with a Product Road Map
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Plan the desired evolution through a transparent roadmap, non-disruptive seamless and quick upgrades to easily keep up-to-date with the latest functionality. 

Enable evolution
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Designed to easily expand based on your organization’s needs thanks to a flexible architecture, without coding or IT intervention. Go beyond Consolidation with advanced Budgeting and Planning, Reporting and Analysis, Disclosure Management and Regulatory Compliance.

Gain insight. Drive business. Create value.

Modernize finance through the CCH Tagetik Finance Transformation Platform


 Unified - The most comprehensive, all-in-one solution, with Consolidation, Budgeting & Planning, Reporting & Disclosure, Profitability Analysis and Regulatory Solutions.


 Collaboration and Control - Workflow, collaboration tools and audit trail align Finance and Operations.


 Flexible Deployment On Premise or Cloud - The same full functionality for the cloud (AWS or Microsoft Azure) or on premise, to allow freedom of choice.


 High Performance Platform - Optimized to run on any platform – Oracle, SAP and Microsoft - to provide the fastest close and consolidation on the market.


 The Data Hub for Finance - A single source to handle financial and non-financial data. Expand insight through the power of unlimited dimensionalities to improve financial and operational results.


 Ready for the Future -  Build the foundation for artificial intelligence, machine learning and more with a clear roadmap for the future.

Get continuous Innovation attained through 20 years of implementation experience, clients’ feedback, market exposure. With no additional consulting services costs or add-ons needed to fill the modernization gap, get a solution that is empowered to drive innovation processes, with a clear path towards artificial intelligence, machine learning and…the future! 

From Oracle Hyperion HFM to CCH Tagetik... the Europ Assistance’s story


Hear how Europ Assistance performed multiple consolidation processes to handle mergers, corporate and divisional consolidation requirements,  by migrating from Oracle Hyperion HFM to CCH Tagetik Consolidation & Close.



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Because its cloud and on-premises solutions are functionally the same, CCH Tagetik has been successful in large cloud consolidation replacement opportunities and this should increase as cloud consolidation becomes more mainstream in large enterprises globally.

Gartner Cloud Financial Close Solutions Magic Quadrant 2018


We are continually dedicated to making finance processes less complex, more efficient, and easier to manage for our customers

Marco Pierallini - EVP Product, CCH Tagetik

Our customers accomplish truly amazing things with CCH Tagetik thanks to our experts across the globe: their expertise, commitment, and a real customer-centric approach is what helps our customers adopt with ease, control and confidence, while modernizing systems and evolving their financial processes.

Manuel Vellutini - EVP Commercial, CCH Tagetik

I was impressed with the passion that CCH Tagetik people bring to performing their daily work. Their knowledge, product skills, and ability to quickly understand our processes all greatly contributed to their ability to respond to our needs...

Francesco Buccola - CFO, Versace

We’ve welcomed numerous well-known brands from Oracle to CCH Tagetik including  



Daimler

Budgeting & Planning (On Cloud)

Timex

Corporate finance and consolidations, budgeting, financial reporting

Rabobank

Consolidation, Disclosure Management, Reporting

Generali

IFRS Consolidation, MVBS, BPF, IVASS, Solvency II, Technical Provision

AG Insurance

Solvency II, Management Reporting

Randstad Group

Consolidation, Reporting, Cash Flow Planning, Budgeting & Forecasting

Book your free migration assessment today!


Contact us today to speak with an HFM migration consultant, and we'll put together a tailored report outlining how migrating from HFM to CCH Tagetik will save your company time and money.


GET FREE ASSESSMENT

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