Use Case

Fast Implementation Template (FIT) from CCH Tagetik

Finext's Fast Implementation Template (FIT) is a full-fledged consolidation solution in which everything is possible to consolidate correctly. The FIT was created based on all the best practices Finext consultants use during an implementation. All the basic components that recurred during each implementation are set up by default in the template. At the same time, the FIT is set up so that it is completely customizable to your needs.

Because all the basic components are preconfigured, we can set up a fully functioning application with the FIT in an unprecedentedly short time. So you can start working immediately in a new CCH Tagetik environment. This rapid implementation saves you an enormous amount of valuable time and costs. In addition, the FIT serves as a good starting point to further improve and adapt the application to specific needs in an agile manner. The basic components below are preconfigured in the template:

  • Consolidation, planning and reporting processes within one unified environment
  • Standardized account structure
  • Automatic eliminations and calculations
  • Equity pick up
  • Intercompany matching cockpit
  • Complete workflow
  • Data validations
  • ETL interface for loading data
  • Drill-through and drill-down functionality
  • Dashboards and reports
  • Documentation

All that may need to be adjusted are the dimensions and settings that are unique to each company!

What modifications are possible in the FIT?

The FIT works completely by itself, so after loading the entity structure, you can get started right away! Would you still like to "customize" the template more? Then you can fully customize the following components:

  • The account structure
  • Dimensional details, such as cost centers
  • Disclosures
  • Workflows
  • Report
  • ETLs (data integration).
  • IC Matching processes
Our Expert

Curious about how our tooling can help you?

Do you have questions about this solution, are you curious about how it works, or would you like to spar about whether this is a good solution for the challenges you face? Then feel free to contact us.
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