CCH Tagetik's unified performance management software solution for the Oil & Gas industry delivers
Strategic Planning & Forecasting
Simplify the strategic planning and annual budgeting process with a single source of financials using CCH Tagetik's unified budgeting, planning, forecasting and modeling solution. Align business plans with operational budgets, eliminate manual data entry and effortlessly generate periodic and rolling forecasts.
Align finance with operations and standardize the capital plan and budget. Manage data from multiple dimensions (cost centers, distribution, suppliers, shipping, pipeline, etc.) and assess the impact of business drivers (volume, density, average prices, transfer prices) on cash flow and profitability.
Production & Capacity Planning
Understand resource requirements and capacity constraints that impact production, supply and meeting demand. Optimize the production mix by modeling operational drivers that impact sales, distribution and delivery to see the impact on margin, profitability and financial performance, including cash flow.
Cash Flow Planning & Forecasting
CCH Tagetik provides double entry logic and automates the cash in/cash out impact of budget line items. When plans, capital, exchange or interest rates change, CCH Tagetik instantly updates cash flow plans and forecasts so decision-makers can quickly assess the net business impact.
Cost Allocation & Profitability Analysis
Allocate direct and indirect costs to any level of detail to more accurately analyze profitability by refinery, project, region or channel. Use cost allocation methods to assess profitability by business division (drilling, refining) and department (marketing, finance).
Cut days off the monthly close cycle and accelerate management and external reporting with a single solution. Confidently manage and control journals, adjustments, intercompany eliminations and reconciliation, then seamlessly produce disclosure reports that drill-down into the underlying data.
Reporting & Analytics
With easy to use, packaged templates, all contributors - including non-financial and non-technical users - can report on key metrics and performance with CCH Tagetik’s reporting toolset. Create custom reports, interactive dashboards, visualizations and ad hoc analytics - without depending on IT.
Regulatory Reporting & Compliance
Automate regulatory reporting – from SEC filings, FinRep/CoRep to multi-GAAP (IAS, IFRS, US GAAP), others – and spend less time preparing reports and more time analyzing the information. CCH Tagetik quickly complies with updates so you are futureproofed for both revised and new regulatory mandates.
CCH Tagetik Software is trusted by leading companies in the Oil & Gas INDUSTRY
Consolidation, Budgeting & Planning, BudgetBook/Reporting Book (on cloud)
Consolidation, Budgeting, Cash Flow, Reporting
Budgeting, Planning, Cash Flow (Integrated Business Planning), Consolidation
Consolidation, Budgeting & Planning
CENTREX EUROPE ENERGY & GAS
Roman Ressl - Director of Planning & Reporting
“We needed a user-friendly software tool that could easily be integrated into our existing IT architecture. CCH Tagetik was the best solution for our needs – especially because we can flexibly integrate data that was generated using different local accounting standards.”
Jesús Alba - CFO
“The main advantage of this solution is the unification of the various stages of the budgeting process and the monitoring in a single tool. Thus, we speed up and streamline the analysis of the data and go in depth, while we involve the staff to a greater extent.”
On Demand Webinar
The latest EPM trends and insights from Forrester
This thought-provoking and informative webinar you will learn how to weigh your needs across many different EPM criteria to better understand where to focus your attention on the criteria that matter most to your business.
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