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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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Tagetik Cloud for Media & Entertainment Benefits

Benefits

Modernize legacy toolsets

Modernize legacy toolsets and automate cumbersome manual processes and data entry

Optimize financial processes

Optimize financial processes with integrated financial budgeting, planning, forecasting and modeling

Establish a single version of the truth

Establish a single version of the truth across plans, budgets, lines of business, operating units and corporate

Reduce cycle time

Reduce cycle time and enhance business agility by standardizing on a single solution with robust workflow

Accelerate disclosure cycles

Accelerate disclosure and external reporting cycles. Meet regulatory requirements more quickly with more confidence

Improve accountability and transparency

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
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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. 

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Project Planning
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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
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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.

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Cash Flow Planning & Forecasting
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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.

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Cost Allocation & Profitability Analysis
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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.

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Seamless Close-to-Disclosure
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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.

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Reporting & Analytics
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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.

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Unified Corporate Performance Management
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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.

More specific Requirements

CCH Tagetik for media & entertainment



IFRS 15 IFRS 16

CCH Tagetik Software is trusted by leading companies in the Media & Entertainment industry


Mediaset

Consolidation, Budgeting, Planning, Profitability Analysis, Reporting 

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Novamedia

Consolidation & Reporting, Budgeting and Sustainability Reporting

AC Milan

Budgeting, Planning, Closing, Allocation, Consolidation, Reporting

Read the Case Study

RCS MEDIAGROUP

Cash Flow Planning

Entertainment one

Consolidation, Disclosure Management

Ymagis

Consolidation (on cloud)

Testimonials

Customer Quotes


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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