Financial Management Solutions for Media & Entertainment
Stay ahead of the digital curve
Technology and regulatory changes are reshaping the communications environment every day, creating new, complex financial management challenges. New content formats, technologies, and media consumption & revenue models are changing your market at lightning speed. You need financial solutions for media and entertainment designed to help improve performance, comply with regulations, and understand financial impact of decisions.
CCH Tagetik Cloud for Media and Entertainment software unifies financial, statutory & management consolidation, budgeting, forecasting & reporting processes to keep you ahead of the curve.
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Benefits
Modernize legacy toolsets and automate cumbersome manual processes and data entry
Optimize financial processes with integrated financial budgeting, planning, forecasting and modeling
Establish a single version of the truth across plans, budgets, lines of business, operating units and corporate
Reduce cycle time and enhance business agility by standardizing on a single solution with robust workflow
Accelerate disclosure and external reporting cycles. Meet regulatory requirements more quickly with more confidence
Improve accountability and transparency, with a complete audit trail across planning processes
CCH Tagetik's unified performance management solution for the Media & Entertainment industry delivers
Strategic Planning & Forecasting
Using CCH Tagetik's unified budgeting, planning, forecasting and modeling solution, effortlessly generate periodic and rolling forecasts. Since data automatically refreshes and populates reports, you eliminate manual data entry. With all strategic planning needs in a single solution, you can easily align business plans and operational budgets.
Project Planning
Project owners can add and monitor projects. Play out scenarios to optimize costs and capital structures. See how changes affect the P&L, cash flow and balance sheet. To manage the workload, project owners can load, enter and assign tasks without burdening system administrators.
Production & Capacity Planning
See how production plans impact sales, purchasing and financial plans, as well as P&L, balance sheet and cash flow. Link editorial and production costs with advertising, broadcasting and administration expenses when you combine production planning with other operational and financial planning.
Cash Flow Planning & Forecasting
With high working capital needs comes tighter operating cash flow. CCH Tagetik allows media and entertainment companies to keep a finger to the pulse of cash flow in real-time. See the cash-in/cash-out impact of expenditures and investments on cash flow plans, forecasts, and other performance documents — all the way down to the budget line item — so you can quickly assess the larger business impact.
Cost Allocation & Profitability Analysis
Allocate direct and indirect costs to any level of detail, including services, products, customer or sales associate to more accurately analyze profitability by product, segment, region and more. Using CCH Tagetik’s allocation engine for expenses and activities, planners gain insights into lines that impact profitability and margin.
Seamless Close-to-Disclosure
Shave days off month end with CCH Tagetik’s fast close. Consolidate figures, manage journals, create adjustments, conduct intercompany eliminations and reconciliation. Using financial intelligence and automation, cascade a single version of the truth across all management and statutory reports, presentations and financial statements.
Reporting & Analytics
Report creators from any department or skillset can easily generate analytics without depending on IT. Designed for ease-of-use, CCH Tagetik’s reporting toolset includes drag-and-drop dashboards, data visualizations, custom reports and ad hoc analytics. This self-service analysis enables users to generate performance insights with the confidence they're using the right data.
Unified Corporate Performance Management
CCH Tagetik automates financial performance management across your enterprise using a single, modernized software solution. Purpose built for finance, CCH Tagetik is optimized for non-financial users and available on the Cloud, on-premises and your mobile device.
CCH Tagetik Software is trusted by leading companies in the Media & Entertainment industry
Consolidation, Budgeting, Planning, Profitability Analysis, Reporting
Consolidation & Reporting, Budgeting and Sustainability Reporting
Budgeting, Planning, Closing, Allocation, Consolidation, Reporting
Consolidation, Disclosure Management
Consolidation (on cloud)
Consolidation, Budgeting and Planning
Testimonials
Customer Quotes
I am extremely happy with CCH Tagetik’s user-friendly functionality and the creation of ‘one version of the truth’ company-wide.
NOVAMEDIA
Rob van Daalen - Controller
CCH Tagetik has helped us develop a rhythm in our business cycle. It has supported our need to gain more insight and information from our data, and we’re using it to make decisions that positively impact our strategic goals.
JPIMedia
Ishfaq Is-haq - Head of Performance Management
CCH Tagetik provided HMH with a way to capture data easily, accurately in a database-type structure, and often enough to catch errors and identify opportunities for improvement.
HOUGHTON MIFFLIN HARCOURT
Donna Ritchie - Vice President of Finance Publishing and Operations
On Demand Webinar
Modernize your Consolidation today
What happens when you discover that your Consolidation and Reporting system is not able to support your growth? Mark Pennington, Group Financial Controller and CFO at Tarsus Medical, talks about how he kicked off a productive Finance Transformation Journey by speeding and automating the Consolidation solution and integrating the Reporting process.
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