With CCH Tagetik, all decision makers gain a unified approach to Corporate Performance Management
Simplify the planning process
You don’t need to be an accountant to create your plan or budget using CCH Tagetik. For the LOB leaders, CCH Tagetik combines departmental information, like sales data, with financial information. By unifying the two, LOBs are placed in context with the organization’s broader picture.
Manage and maintain profitability
Planning for profitability is dependant on understanding your true costs. With CCH Tagetik, you create business models to assess and analyze different “what-if” scenarios that impact your cost structure. CCH Tagetik provides activity-based costing so you can model your indirect costs and determine their tangible impact.
Model your financial and resource needs
Need to justify funding for that new project or prove the worth of specific investment or hire? In CCH Tagetik, you can create business models and ‘what-if scenarios’ to assess business needs and determine the optimal resource requirements.
Make better decisions, respond to change
From small unpredicted market events, like a competitive product, to massive, corporate shaking events, like economic downswings, you can easily manage and measure your own performance and model it against prospective events to review impacts. Since you can proactively monitor performance with real-time data, you’ll be prepared when a major or minor shift occurs.
Communicate with finance
At the end of the day, it doesn’t matter how many product features you released, the number of email campaigns you created or how many clients your team visited - it comes down to the bottom line. CCH Tagetik gives you the insight to manage outcomes and align your organization with financial goals and work strategically with finance to meet them.
Use tools you know
Using familiar tools like Microsoft Excel, PowerPoint and Word, you don’t have to learn a new system or understand backend databases to generate budgets, plans or reports. With native integration to Microsoft Office, CCH Tagetik uses the tools you’re most familiar with.
Work in a collaborative environment
LOB stakeholders use the Microsoft Office tools they know, with defined workflows and multi-user controls that reduce bottlenecks and eliminate versioning issues. CCH Tagetik gives you validation, controls and audit trails for complete transparency. Plus, within CCH Tagetik, you can comment, email, IM, alert and share documents.
Get deep analysis across all business lines
Slice, dice and drill down into data using web-based dashboards. Drag and drop your findings into charts, graphs and reports online or through mobile in real-time. In CCH Tagetik, you work within templates to generate reports that are meaningful to your line of business.
CCH Tagetik Software is trusted by leading companies across all industries
Renate Jaeger - Project Leader and Financial Accountant
"CCH Tagetik’s intercompany matching features are a huge advantage for us because there are so many different relationships within our group. Now, our subsidiaries just report their internal transactions in the exact currency during the standard data entry process. After adjusting the balances in the integrated cockpit, we can already use this data for other processes. [...] CCH Tagetik’s intercompany matching features are a huge advantage for us because there are so many different relationships within our group. The reconciliation process is now completely paperless and so much easier. Our subsidiaries simply report their intercompany transactions in the exact currency during the standard data entry process. After adjusting the balances in the integrated cockpit, we can already use this data for other processes."
Christoph Wenner - Corporate Director
"During the selection process, pmOne understood our requirements the best and successfully implemented them with CCH Tagetik as part of a pilot project. What impressed us most is that the software can unify the planning and budgeting process throughout our company while accounting for the individual needs of specific divisions and departments. In addition, we can use CCH Tagetik to flexibly execute our driver-based concept and run what-if simulations on various levels."
Dave Coleman - Sr. Manager, Budget Planning and Analysis,
“CCH Tagetik helped us to bring our budgeting and forecasting processes into a single, centralized, enterprise-wide system that operates in near real-time and allows for greater visibility into our planning process. Our workforce planning has also benefited from CCH Tagetik. We plan salaries at the individual position level and calculate benefits either as a percentage of salaries or allocated based on full-time equivalents. As a service organization, salaries and benefits make up over half of our total expenses, so this is a critical component of our planning process.”
Browse our Resources
Budgeting for Success: How to Set and Achieve Targets Effectively
eBook created by the editorial staff at CFO
INCREASING COMPANY VALUE WITH INTEGRATED REPORTING
Blog post by Massimo Romano - Group Integrated Reporting & CFO Hub in Assicurazioni Generali
The rise of Financial Analytics in Enterprise Strategy
Blog post by Francesco Morini - BI Platforms Integration Senior Specialist, CCH Tagetik
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