videos for the Office of Finance

iXBRL standard impacts any company listed for group filing on EU and EEA regulated markets. Our integrated, certified, and cloud-based solution combines the strengths of CCH Tagetik and CoreFiling to enable quick, accurate preparation of iXBRL files in format required by European regulators. Grazia Cafagna, Director, Financial Services Solutions Management at CCH Tagetik and Jon Siddle, Technical Lead at CoreFiling, will guide you through a live demo to see first-hand how our solution can help you get compliant quickly before the deadline.

EVAPCO is an industry leading US manufacturing company with global resources and solutions for heat transfer applications. Before CCH Tagetik, consolidation was a long, cumbersome process that a single person completed in Excel. Hindered by spreadsheets and a manual process, EVAPCO’s finance team regularly encountered issues related to data consistency and difficulties adjusting foreign entries to US GAAP. Now using CCH Tagetik for Financial Consolidation, Financial & Management Reporting and Lease Accounting (for ASC 842 & IFRS 16), EVAPCO has reduced year-end consolidation from six weeks to two weeks, automating 60-70% of their consolidation entries.

Nowadays, more and more organizations leverage driver based planning to translate their value adding business insights into tangible financial plans. Typically, the outcome of the planning process is limited to a detailed profit and loss statement for the upcoming business year. Planning of the balance sheet and cash flow is seldom taken into consideration. Despite the fact that these items are seldom part of the planning cycle, finance departments are asked to produce other financial targets such as Net Working Capital, Net Debt and also indicators related to risk such as FX and liquidity. In order to report and steer on such indicators, they should also be an outcome of the planning process.

On January 1st, 2022, IFRS17 “Insurance Contracts” will impose more changes on the insurance sector than we’ve seen in the last 20 years. Impacts of the regulation will reverberate from your consolidation process to your general ledger, down to the very architecture of your financial systems. From this webinar you will learn how to face IFRS17 challenge.

Before CCH Tagetik, global law firm Ropes & Gray LLP used a combination of Clarity’s legacy system and Excel spreadsheets to complete various planning processes. Clarity’s system pigeon-holed Ropes & Gray’s ability to build overhead reports and drill down to actuals. With it, they could only skim the surface of performance results. What’s more? To band-aid Clarity’s deficiencies, Ropes & Grey used Excel models for revenue and cost planning. These spreadsheets were so manually intensive, they took months just to build and maintain every year.

To remain agile in today’s fast-changing world, organizations need information that is timely, relevant and actionable. With the seamless integration of CCH Tagetik and Qlik Sense, the Office of the CFO has the visualization tools to more effectively analyze the business. This way the CFO provides strategic insights to the CEO and other business leaders. He or she will use dashboards that graphically highlight key metrics and trends. Plus, these dashboards are available anytime, anywhere and from any device. In this 30 minute webinar, divided in chapters, we demonstrate the combination of Qlik Sense and CCH Tagetik.

Has your outdated financial close systems become an obstacle to your processes? CCH Tagetik streamlines your consolidation process by bringing you best-in-class functionalities.Learn more about how CCH Tagetik enables greater collaboration, breakthroughs in understanding data interconnection and value creation. These are key drivers in any decision making process.

In this webinar Anglian Water and CCH Tagetik explore how finance teams can achieve greater financial agility and effective regulatory reporting control in the Utility Industry. You will also get the opportunity to learn how the specific demands of regulatory reporting and management accounting are adding to the Anglian Water’s wider vision - and hear about the challenges they have faced along the way. Finally, learn how, with CCH Tagetik, the team will deliver their vision for a single place for all budgeting, consolidation, cash-flow and regulatory reporting.

One of the global trends within tax is the increasing emphasis on data and technology. Digitizing your company’s tax function may or may not be a subject you are entirely comfortable talking about right now. But it should be. Not because it is a fascinating trend, but because it will help transform your tax function, allowing it to perform at the next level and beyond. The potential benefits help shift the tax function from a mainly compliance-focused function, to one that has enhanced capabilities and can act more pro-actively. The global tax accounting and reporting solution for CCH Tagetik is designed to help your organization enhance the efficiency and effectiveness of your corporate tax accounting & reporting cycle. It combines PwC’s global best practices in tax accounting and tax reporting with the power of CCH Tagetik, unlocking new possibilities that enable you in your journey to bring the tax department to the next level and beyond.

The power of unified and modernized CPM mixed with the speed of in-memory technology, CCH Tagetik and SAP HANA’s integration present an opportunity for the Office of Finance like never before. Combined, the two-platforms are revolutionizing the power of CPM. Watch the webinar and listen our panel of industry experts from CCH Tagetik, SAP and PwC discuss the opportunities this partnership presents for the Office of Finance. Christoph Siemons, head of planning and forecasting at Vaillant Group, will describe his experience working hands on with CCH Tagetik inside a SAP HANA environment. You will learn: The power of near real-time data processing. How to transform massive amounts of data into insights Why predictive and prescriptive analytics adds value to data assets. The integration enables you to maximize ERP and warehouse data. To improve financial processes through the integration. How CCH Tagetik and SAP HANA have revolutionized Vaillant Group’s analysis and reporting power.

With the new IFRS 17 for insurance contracts, insurers will have to significantly change the accounting for liability measurement and profit recognition. CCH Tagetik provides an IFRS reporting hub including data repository, calculation modeling and reporting in one easy-to-use solution. Are you ready for IFRS 17? Learn the new requirements, the impacts your systems will face, and how your company can leverage CCH Tagetik to get ready for the changes!

Ventana Research recommends that corporations focus on two objectives in designing their systems and selecting software for them. They should ensure that they can collect, retain and report all the relevant data necessary for lease accounting. And they should balance the potentially competing needs of the participants in lease management and accounting processes. This webinar illustrates: The importance of control and data integrity for compliance with principles-based accounting standards How the new lease accounting standards require new, collaborative processes for accounting Why lease management and lease accounting must be integrated to simplify compliance with the new standards See Lease Accounting technology in action

Agile finance functions need adaptable planning, budgeting and forecasting (PBF) systems. This webinar will discuss how a unified PBF system in the cloud, developed from the outset with an enhanced user-experience in mind, boosted The Rockefeller Foundation’s productivity and gave one finance function the independence it needed to be the ‘master of its own destiny’ while meeting the demanding and granular requirements of Human Capital and Salary Planning.

No matter where finance professionals are situated they all face similar challenges during their Budgeting, Planning and Forecasting process. Watch the webinar to have an insights and discover the findings of "Future of Planning Budgeting & Forecasting" Survey 2017 based on FSN 2017 researches. download the full report

What happens when you discover that your Consolidation and Reporting system is not able to support your growth? Just ask Tarsus Group, one of the most dynamic UK’s media company operating in exhibitions, conferences, education, publishing and online communication. While executing on an aggressive expansion strategy, they found themselves dealing with an old, fragmented, manual, spreadsheet-based consolidation and reporting process which could no longer support the group's complex consolidation needs. 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.

In this revealing interview Kate Forbes talks frankly about BUPA’s relationship with CCH Tagetik and how working together they overcame successfully the formidable challenges of implementing Solvency 2 regulatory reporting requirements.

What do you do when major growth impairs your global consolidation process? Just ask Medline, the U.S’s largest privately held manufacturer and distributor of healthcare products with a thriving global enterprise of $10 billion. In 2011, an acquisition tripled their non-US revenue and added an additional 30 reporting entities into the mix. Their manual, spreadsheet-based consolidation process could no longer support the group's complex consolidation needs. How did they transform their global consolidation process in order to keep up? Gary Simon, Chief Executive of FSN & Leader of the Modern Finance Forum for CFOs, will interview Lindsay Morgan, Global ‘Record to Report’ process owner, Medline Inc. on this subject. Executive summary Download

The modern finance journey is both exhilarating and complex. In this interview, Gary Simon, describes the characteristics of a modern finance function, the crucial technologies that need to be deployed, as well as how finance professionals can overcome the data and analytical challenges that hold the key to future success.

Part of CCH Tagetik’s Global Lease Accounting Roadshow, in this webinar, Director of Product Marketing, Leslie Cant, and Patrizio Calitri, Business Development, will offer insights on strategy, process and systems to address ASC 842 Leases and will discuss how your company can leverage CCH Tagetik’s automated solution to get ready for the changes. The webinar will cover: Business Perspective: Lease Accounting changes: who, what, why? Practical challenges and data requirements. Lease Accounting Solution Perspective How will your systems be impacted? Getting ROI from your Lease Accounting technology investment. Technology Demo Automating Lease Accounting.

As modern finance professionals, our ability to deliver dependable business forecasts, optimize the allocation of resources and steer the business to new heights of performance, agility and competitiveness remain central to our professional standing and credibility. Yet more than 50% of us struggle to forecast beyond 6 months, more than 60% of us still can’t forecast revenue to within plus or minus 5% and almost half of us take more than a week to re-forecast earnings. Gary Simon, Chief Executive of FSN & Leader of the Modern Finance Forum for CFOs, will interview Stefano Castellani, Financial Reporting Analyst Scotch & Soda on the implementation of CCH Tagetik Budgeting & Forecasting Solution.

Watch this webinar to better understand the challenges of IFRS 16 that will come into effect January 2019. You will learn about the impact of this new standard, and how to get them up and running which is often more challenging and time consuming than expected.

With the new changes to accounting for leasing contracts, companies will have to significantly change their accounting policies, systems and processes. CCH Tagetik provides a solution for ASC 842 & IFRS 16 including data repository, calculation modeling, reporting and disclosures in one easy-to-use solution. CCH Tagetik reporting hub also includes solutions for ASC 606 / IFRS 15 and IFRS 9 & 17. Are you ready for the changes?In this webinar, IFRS Consultant, Tom Borsboom discuss the new requirements, the impacts your systems will face, and how your company can leverage CCH Tagetik to get ready for the changes.

For many finance professionals moving to the cloud is the next natural step in their process evolution but many have limited experience in making this crucial transition. So here is a rare opportunity to hear first-hand how migrating to the cloud has completely transformed management and statutory reporting in this ambitious group. Explore how moving to a unified consolidation environment in the cloud has enabled the Arena Group to improve the dependability and speed of financial reporting, liberate time for analysis and decision-making as well as providing the agility to support the group’s ambitious global expansion. Gary Simon, Chief Executive of FSN & Leader of the Modern Finance Forum for CFOs, will interview Paul Littlechild, Group Financial Controller, Arena Group on this topic.

Historically LCRA used an internally developed database to prepare annual budgets, and a separate financial system for forecasts. The process was challenged with relying on several distinct models from various systems to develop and forecast financials. Hear how LCRA utilized CCH Tagetik’s Planning solution to integrate processes, synchronize analyses and aid management in decision making. LCRA is now able to stay price competitive, annual revenue has grown above $1 billion and has achieved many long-term strategic goals!

In this webinar, Director of Financial Services Solutions, Roberto Fasano will discuss the new requirements, the impacts your systems will face, and how your company can leverage CCH Tagetik to get ready for the changes.

Is your budgeting and planning innovative or, is it mired in stagnation? BP&F; thought-leader Craig Schiff of BPM Partners and FP&A; Director, John Torley, discuss the key capabilities an innovative BP&F; system should have in 2017 and beyond.

Listen to KPMG's Morris Treadway details helpful tips & tricks that will transform your reporting requirements into a platform of financial performance and business value. Executive summary Download

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. Executive summary Download

When disclosure management processes fail, the consequences aren’t just contained in a single report or a single department within the company. They reverberate into the entire system, compromising confidence in technology, Finance, executives and eventually, the entire company. This webinar discusses the common mistakes made during the reporting process and how to achieve a non-disruptive enterprise-wide reporting solution through a Collaborative approach.

Bristol Bay Native Corporation (BBNC), one of Alaska’s largest Native Corporations, is a holding company with five operational business lines. Because of the diversified mix of businesses, there was an inherent challenge in consolidating 80+ entities and reporting overall company performance. Adding to the dilemma, BBNC worked out of Excel, had numerous data sources and limited resources.Needing to dramatically reimagine their consolidation and reporting process, BBNC needed a solution that had the breadth of functionality to handle complex requirements and easily aggregate from multiple data sources.