CCH Tagetik's unified performance management solution for Power & Utilities 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 with operational plans across divisions, technology (thermal, wind, hydro), segments (consumer, corporate, regions) and others.
Empower users to add and manage their own projects, thereby freeing administrators from loading, entering or assigning work. Model and manage projects, optimize costs and capital structures and see how changes affect the P&L, cash flow and balance sheet.
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 grid, project, region or channel. Use cost allocation methods to assess profitability by business division (hydro, electric) and department (marketing, sales).
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 provide drill-down to the underlying data.
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.
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.
CCH Tagetik Software is trusted by leading companies in the Power & Utilities industry
Consolidation on cloud
Consolidation, Budgeting, Planning, Disclosure Management
Budgeting, Closing, Consolidation, Cash Flow Planning, Reporting, Disclosure Management
Consolidation, Regulatory Reporting, CDM (on cloud)
“Despite the complexity of the project, the CCH Tagetik team was able to cover all our needs and make the necessary organizational changes.”
Romana Meglen - Head of Accounting
“We were able to roll out the software within our allotted six-month time frame. All in all, we are very satisfied with the capabilities of CCH Tagetik and the results of this project.
On Demand Webinar
On the move for IFRS 15 and 16. How to be compliant with no disruption.
In this webinar, senior IFRS consultant, Tom Borsboom will dig deep into both IFRS 15 and 16. He’ll discuss the coming requirements, the impacts your systems will face, and how your company can leverage CCH Tagetik for a smooth, non-disruptive solution.
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