CCH Tagetik Spring 2019 Release Now Available!

We are pleased to announce our Spring 2019 software release, CCH Tagetik 5.3 Service Pack 8! In each release, we aim to improve the user experience with streamlined tasks, enhance our functionality and improve performance so you get more value out of our software. Below are my highlights of the release, please refer to the release notes for the full list and more information.


End-User Navigation


We have been listening to the feedback from our customers, and one of the frequent requests was to be able to navigate the application faster. In order to put the full application at your fingertips, we have released a new Navigation Pane:

  • A new ‘Recent Items’ section allows users to immediately navigate to current and previous tasks. As well, we’ve re-arranged the Navigation Pane according to the user role giving quick access to both administration and end-user features.
  • The CCH Tagetik Application is evolving fast and with each Service Pack we are releasing more and more new features for you to take advantage of. In order to help keep you up to date on the latest features we have also added a ‘What’s New’ menu option on the homepage. The ‘What’s New’ page describes the updates with links to videos and the release notes.

 

Cash Flow Planning Module


This release also marks an update to our Cash Flow Planning Module (CFP), updating the administration interface and making the module more powerful than ever before! The comprehensive module handles the needs of both FP&A and Treasury to identify the direct/indirect cash flow, plan long-term and strategic targets and investments and optimize money investments.

  • Cash flow planning is faster than ever, with in-memory processing to improve the performance.
  • Faster setup and quicker access to tasks with streamlined navigation for both Users and Administrators with new HTML5 functionality. 
  • Users can now easily map the dimensions involved (e.g. account, customer, cost center) to the defined financial rules for an accounting model, a credit term, an event rule, a payment calendar or a weight. Credit terms can now be defined from the end user homepage and a new Dividends Calculation has been added within the Cash Flow Planning data processing.
  • Administrators can now customize the generic cash flow planning settings, the generic rules and the dimensions/financial rules and mappings to define the execution plan for the entities as well as easily copy all preferences from one user to another.

 

Consolidation Updates


We’ve streamlined the Consolidation Cockpit so that users can quickly configure all consolidation settings from a single entry point with traffic lights to visibly show the status of each setting. Lastly, we’ve created advanced system reports for diagnostics, Submission Status, and more.

 

I hope you will enjoy these improvements and the many more that we’ve done. Please refer to the release notes for a full list of enhancement and contact your CCH Tagetik representative for more details.

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