Overview
Product Information on CCH Tagetik Intelligent Platform
What is CCH Tagetik Intelligent Platform?
CCH Tagetik Intelligent Platform Pricing
Overall experience with CCH Tagetik Intelligent Platform
“Deep Flexibility Comes With Learning Curve and Performance Issues for Occasional Users”
“High Effort Needed for Planning Model Changes and Enhancements in Tagetik”
About Company
Company Description
Wolters Kluwer is a global entity specializing in professional data, application solutions, and services. The company targets sectors such as healthcare, taxation and accounting, corporate and financial compliance, legal and regulation, along with corporate performance and ESG. Wolters Kluwer's central role is to assist its clients in making essential judgements daily, delivering expert solutions that harmoniously blend specialized technology, services, and extensive domain knowledge. The company maintains its operations in over 40 countries and serves customers in more than 180 nations. Wolters Kluwer is based in Alphen aan den Rijn, the Netherlands.
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Key Insights
A Snapshot of What Matters - Based on Validated User Reviews
User Sentiment About CCH Tagetik Intelligent Platform
Reviewer Insights for: CCH Tagetik Intelligent Platform
Performance of CCH Tagetik Intelligent Platform Across Market Features
CCH Tagetik Intelligent Platform Likes & Dislikes
- Strong consolidation engine including eliminations, intercompany matching, currency translation and ownership management. - High flexibility through dimensions, hierarchies and business rules that can adapt to complex financial models
Strong integration with actuals, forecasts, and consolidation. Ability to handle complex, multi-entity planning structures. Easy to build Excel based data entries
Tagetik can be managed without strong involvement of a dedicated IT expert. It allows us to transform consolidation and is very flexible allowed us to manage various changes of business model incl. restructuring in a very user-friendly way which enables us to prepare both external and internal financial reports very efficiently. Tagetik also increased the depth of analysis that finance teams can produce. In the meantime it is widely used across our Group in the areas beyond finance due to its supert data collecint and reporting capabilities including ease of new process deployment.
High complexity and a steep learning curve. Configuration, troubleshooting and enhancements require skilled consultants or experienced internal users The interface is functional but not intuitive, especially for occasional users involved only in closing or reporting Performance can degrade with complex models and many dimensions, requiring ongoing technical tuning Strong dependency on implementation quality. A bad initial design is expensive to fix later
Planning functionality feels rigid and overly technical. High effort required for model changes and enhancements. User experience is not well suited for business-led planning
limited standard data model
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Peer Discussions
CCH Tagetik Intelligent Platform Reviews and Ratings
- Finance Manager50M-1B USDTravel and HospitalityReview Source
Deep Flexibility Comes With Learning Curve and Performance Issues for Occasional Users
Strong consolidation and financial close platform with deep functionality and flexibility. It handles complex group structures, multi-GAAP reporting, currency translation, and eliminations reliably. Once configured correctly, it is stable and scalable. The main drawbacks are the complexity of setup, dependency on consultants, performance and usability limitations for non admin users. - Finance Manager50M-1B USDTravel and HospitalityReview Source
High Effort Needed for Planning Model Changes and Enhancements in Tagetik
Tagetik Planning is adequate for complex enterprise environments but is not its strongest capability. While it benefits from tight integration with actuals and consolidation, planning models are complex to build and maintenance, and the user experience is less intuitive than dedicated planning tools - Finance Associate50M-1B USDManufacturingReview Source
Strong Customer Support and Easy Tool Administration
Tagetik has a great support team and offers a lot of custimization options. It is easy to administer and maintain processes as well as to design new processes from scratch. It is a great tool with flexible licensing options and allows business users to manage it without strong IT expert involvement. - CHIEF FINANCIAL OFFICER<50M USDTransportationReview Source
Powerful All-in-One CPM Platform with Strong Consolidation Capabilities
This platform provides a strong solution, paritcularly in financial consolidation, closing processes, budgeting and reporting. Its excel integration makes the learning curve easier for finance teams. - PLATFORM ADMIN1B-10B USDRetailReview Source
Dedicated Support & Consolidation engine Enhances Experience Despite Reporting Tool Limitations
Communication with the vendor works exceptionally well, specially when it comes to technical details where others miss. We have a dedicated Customer success manager who looks over our topics and often resolves them within a reasonable timeline.