Financial consolidation usually is a complicated and time-consuming process, but CCH Tagetik helps you to regain control over it.
CCH Tagetik Consolidation
The benefits of consolidation solutions
With the right consolidation software, you can make great strides in the reliability, speed and effectiveness of the reporting and consolidation process within your organization. With the implementation of a new consolidation solution, you will achieve the following benefits:
- Faster financial close cycles.
- Easier to create consistent and reliable reports.
- Less error-prone and one version of the truth.
- More insight into the origin of the data.
- Higher productivity of financials.
- Cost savings in the closing process and financial audit.
Consolidation with CCH Tagetik
By cooperating in a shared environment, your organization keeps one version of the truth, a simple structure and a useful audit trail for your data. The process-driven model allows the organization to make complex consolidation processes an integral part of the reporting cycle. The intercompany matching cockpit became much more user friendly in version 5 of CCH Tagetik. This allows all end-users to preserve even more ownership of their intercompany relationships.
By using CCH Tagetik consolidation, reports are available to the entire organization: from top-level reports for your management to drilldowns on the lowest level of detail. End-users can also compare multiple consolidation structures next to each other in the complex reporting environment.
The benefits of consolidation with CCH Tagetik
With the right consolidation software, you can make great strides in the reliability, speed and effectiveness of the reporting and consolidation process within your organization. With the implementation of a new consolidation solution, you will achieve the following benefits:
- An efficient and qualitative closing process
- Collaboration in one version of the truth
- Control over intercompany matching
- Consolidated data is always traceable
- Insights into different consolidation scenarios
See how our customer Aegon realizes operational excellence and insightful management information with CCH Tagetik.
Finext and CCH Tagetik
Finext is a 'Specialist Consulting' partner of CCH Tagetik. Because of this collaboration, we are always up to date with the latest developments and the latest solutions. CCH Tagetik consultants at Finext are trained and certified by CCH Tagetik. They are experts on the following CCH Tagetik technologies:
