CCH Tagetik is a financial performance platform designed to facilitate enterprise-wide activities such as budgeting, planning, forecasting, and reporting. It provides real-time insights supported by robust analytics and visualization tools, aiding organizations in both financial management and compliance tasks. Medium to large companies across various sectors like finance, manufacturing, retail, and services use CCH Tagetik to streamline their financial processes and enhance collaboration among departments.
Developed by Wolters Kluwer's Tax & Accounting business unit, CCH Tagetik has been tailored to meet the diverse financial and compliance needs prevalent across different industries. Wolters Kluwer is a global provider renowned for its professional information services and software solutions with a special focus on tax and accounting. The creation of CCH Tagetik was driven by the need for an all-encompassing financial performance platform that could offer efficient budgeting, planning, forecasting, reporting tools while simplifying complex tasks related to regulatory compliance.
CCH Tagetik sets itself apart in the competitive landscape through its advanced analytics capabilities that provide real-time insights enabling informed decision-making. Its strong emphasis on ensuring adherence to financial regulations offers a significant advantage for companies needing reliable compliance support. Furthermore, the platform fosters enhanced collaboration within organizations by promoting cross-departmental communication and alignment. Competing with other major players like Oracle Hyperion or SAP BPC, CCH Tagetik maintains its prominence due to these unique features combined with user-friendly design and scalability options catering specifically to medium-to-large enterprises across diverse sectors.