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How EVAPCO created a Digital Financial Office


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.

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Chapter 1 Introduction to EVAPCO and the power of an enterprise platform

Steven Davis, Account Executive at CCH Tagetik North America introduces Kurt Bowman, Director of Accounting at EVAPCO, who gives a brief intro about the company and the issues that the finance team regularly encountered, hindered by spreadsheets and a manual process, related to data consistency and difficulties adjusting foreign entries to US GAAP.


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Chapter 2 How to make complex compliance easy with CCH Tagetik!

Mario Roncador, Solution Consultant at CCH Tagetik North America and Kurt Bowman, Director of Accounting at EVAPCO, talk about the project implementation of Financial Consolidation, Financial & Management Reportinting and Lease Accounting for ASC 842 & IFRS 16 solution, how they have reduced the year-end consolidation from 6 to 2 weeks automating 60-70% of their consolidation entries and how they manage all the compliance issues in the same environment.


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Chapter 3 Why financial intelligence is essential: CCH Tagetik Solution Demo.

Sadek Fahmy, Senior Solution Specialist at CCH Tagetik North America shows how the software works through an interesting demonstration.


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