Consolidation & Closing
Moving from the Monolithic Age in financial consolidation
Jul. 28 2020 by Rob Konferowicz, Principal Product Experience - CCH Tagetik North America
5 Ways You Win by Switching from Historical Financial Management to CCH Tagetik for CPM
What makes introduction of a consolidation system successful?
Oct. 2 2019 by Markus Noçon, Senior Partner - 4C GROUP AG
How do you know which new system is the optimal one? Read this blog to discover more!
Which consolidation system is the right one for me?
Sep. 19 2019 by Markus Noçon, Senior Partner - 4C GROUP AG
“If It Ain’t Broke, Don’t Fix It”: One of the Many Excuses for Sticking with an Outdated Consolidation System
Mar. 12 2018 by Leslie Cant, Product Marketing Director - CCH Tagetik
We surveyed over 100 financial executives across different regions and industries on the state of their financial consolidation process. Discover the results on CCH Tagetik’s blog!
The simplest ideas are always the best!
Dec. 13 2017 by Gary Simon , Chief Executive of FSN & Leader of the Modern Finance Forum for CFOs - FSN Publishing Limited
Discover how Medline Industries has improved its Consolidation process with CCH Tagetik
CCH Tagetik Consolidation: Simple, Fast, Transparent
Oct. 4 2017 by Tina Cvar, Accounting Director - Zavarovalnica Triglav
The benefits of using CCH Tagetik for Consolidation
When Should You Move Beyond Excel for Consolidation?
Aug. 2 2017 by Giosuè Cusumano, Consolidation Specialist, Group Control - Poste Italiane
Key Indicators to signal when it’s time to move to an Advanced Consolidation Solution
Don’t take the Basic Advantages of Consolidation in the Cloud for Granted!
Jul. 11 2017 by Gary Simon , Chief Executive of FSN & Leader of the Modern Finance Forum for CFOs - FSN Publishing Limited
You know that finance professionals are, typically, time-poor. Paul Littlechild, Group Financial Controller at the Arena Group, share his experiences of how moving to the cloud has completely transformed management and statutory reporting and shaved four days off the consolidation process.
Michelangelo and the Art of the Financial Reporting
Mar. 16 2017 by Alessandro Mantini, Consolidated Statutory Financial Statement - ERM and Law 262/05 - XBRL senior specialist - Mediaset
Lessons from Michelangelo. A must-reed story about innovation, courage and reinvention. Learn how to work to the full potential using the tools needed to manage any hitch, from the smallest reporting detail to the structure of the documents, to the overall performance of their business.
Performance Management Consolidation & Closing Disclosure Management
A Successful Unification of Global and Local
Mar. 1 2017 by Mathias Guérin, Deputy Managing Director and Finance Director of I-CDC - Caisse des Dépôts et Consignations CDC
Discover how the group has reduced the number of its applications from seven to one while saving 50% of data processing time.
Performance Management Business Intelligence & Analytics Budgeting & Planning Consolidation & Closing Reporting & Compliance
A Circle of Blame for Failure – Part II
Nov. 30 2016 by Gary Cokins, Founder and CEO - Analytics-Based Performance Management LLC
Here is a fictitious story. But how true could it be? The long journey to determine who is at fault when your loss unexpectedly doubled each quarter. Lessons Learned.
Performance Management Budgeting & Planning Consolidation & Closing Disclosure Management Reporting & Compliance
A Circle of Blame for Failure - Part I
Nov. 23 2016 by Gary Cokins, Founder and CEO - Analytics-Based Performance Management LLC
Here is a fictitious story. But how true could it be? The long journey to determine who is at fault when your loss unexpectedly doubled each quarter.
Performance Management Budgeting & Planning Consolidation & Closing Disclosure Management Reporting & Compliance
Eliminating IC Profits in Inventory: The Challenge of IFRS 10 - B86(c)
Nov. 17 2016 by Robert Don, Group Controller - DGI
Eliminating profits on intragroup transactions that are recognized in inventory can be a real challenge to the office of finance. How a consolidation software solution can be utilized to address this challenge.
Performance Management Consolidation & Closing Disclosure Management Reporting & Compliance
Stitching Together a Better Consolidation and Reporting Solution
Oct. 18 2016 by Greg French, Director - Financial Reporting - Bristol Bay Native Corporation
Read the Bristol Bay Native Corporation experience and just think on what you could do with all that free time not spent manually processing report data
CPM Top Five Hits
Feb. 9 2016 by Alessandro Mantini, Consolidated Statutory Financial Statement - ERM and Law 262/05 - XBRL senior specialist - Mediaset
Alessandro Mantini (Mediaset) takes an ironic view of the people involved in the consolidation process by comparing each of them to a famous song... Find out which track best represents you!
Trash-In Trash-Out (Part III)
Oct. 20 2015 by Alessandro Mantini, Consolidated Statutory Financial Statement - ERM and Law 262/05 - XBRL senior specialist - Mediaset
Information is power. Transferring data on automated archives means sharing information, thus empowering your organization. But that also means loss of power. Legends tell us that mankind invented desk drawers to hide pieces of information that would be inserted manually on report on request...
Trash-In Trash-Out (Part II)
Oct. 8 2015 by Alessandro Mantini, Consolidated Statutory Financial Statement - ERM and Law 262/05 - XBRL senior specialist - Mediaset
How to build an information flow that fits the reporting needs of a company as well as the requirements of the system, in order to obtain the right information on time with the minimum spent in terms of human and corporate resources. Read the second part of my experience.
Trash-In Trash-Out (Part I)
Oct. 1 2015 by Alessandro Mantini, Consolidated Statutory Financial Statement - ERM and Law 262/05 - XBRL senior specialist - Mediaset
The evaluation of the overall performance of any CPM system often relies on the quality of the set of information which feeds those systems. In this article I will try to give a consistent vision to apparently chaotic pieces of advice generated by my experience as consolidation specialist in the past 10 years. Ten years in ten key points.
The Consolidator Handbook
Jun. 30 2015 by Luca Maida, Project Management Officer (PMO) - Unicredit
A Recipe for a Successful Consolidation Project from One of Tagetik’s Premier Customer Chefs
CFOs and CIOs Differ on Perception of Cloud and Finance
May. 27 2015 by Leslie Cant, Product Marketing Director - CCH Tagetik
The differing perspectives of Finance and IT in the recent research by Saugatuck Technology
Is it Time to Move your Financial Consolidations to the Cloud?
Feb. 10 2015 by Leslie Cant, Product Marketing Director - CCH Tagetik
With adoption of cloud-based financials and corporate performance management (CPM) applications gaining speed, it appears that Finance executives have become more comfortable with the notion of trusting their sensitive financial data to cloud-based applications.
How to speed up your closing cycle: Part 2- Incorporate both Financial Consolidation and Disclosure Management
Mar. 18 2014 by Alessio Lolli, Vice President and General Manager - CCH Tagetik North America
Anything we do in Finance we should ask, “Why?”. There is always plenty of work for the finance team so if we can’t answer why take on something more then we shouldn’t do it. So, why is it important to have a faster close?
4 Tips for Successfully Automating your Financial Consolidations Processes
Mar. 13 2014 by Luca Rossello, VP Technology - CCH Tagetik
Consolidation is one of the most important and often complex Corporate Performance Management (CPM) process. It is also provides significant opportunity to save time through automation. A key to maximizing time savings is proper planning in setting up the consolidation rules that drive the consolidation.
How to speed up your closing cycle: Part 1- the importance of the pre-close
Feb. 20 2014 by Alessio Lolli, Vice President and General Manager - CCH Tagetik North America
Let’s be honest, a close cycle can never be fast enough. Finance departments have had this as a goal for as long as there have been ledgers. And progress has been made, mainly though technological advances and the use of financial consolidation and reporting software. But over the past few years the cycles have begun to slow down again.