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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    Wolters Kluwer CCH® Tagetik

    Score8.6 out of 10
    N/ATagetik is a corporate performance management solution that unifies budgeting, financial planning, consolidation and management reporting. Tagetik is offered as SaaS, on a private cloud, or on-premise, and can migrate between deployments as needed.N/A
    Pricing
    Wolters Kluwer CCH® Tagetik
    Editions & Modules
    No answers on this topic
    Offerings
    Pricing Offerings
    Wolters Kluwer CCH® Tagetik
    Free Trial
    No
    Free/Freemium Version
    No
    Premium Consulting/Integration Services
    Yes
    Entry-level Setup FeeNo setup fee
    Additional Details—
    More Pricing Information
    Community Pulse
    Wolters Kluwer CCH® Tagetik
    Considered Both Products
    Wolters Kluwer
    Chose Wolters Kluwer CCH® Tagetik
    After yeras of SAP adoption we decided to give a chance to Wolters Kluwer CCH® Tagetik as it was a new company on the market and offers us full support to archivi our targets
    Incentivized
    Chose Wolters Kluwer CCH® Tagetik
    Compared to the competitors, Tagetik offered a platform mainly better in user overall experience, since this was one of the most important needs of the business. Also, reporting and data entry functionalities seemed to work better compared to the competitors, also considering …
    Incentivized
    Chose Wolters Kluwer CCH® Tagetik
    We use Wolters Kluwer CCH® Tagetikfor budgeting, reporting, and consolidation already for a couple of years. And to speed up our (monthly / quarterly) close, we recently implemented the transaction matching and account reconciliation modules from Wolters Kluwer CCH® Tagetik. …
    Incentivized
    Chose Wolters Kluwer CCH® Tagetik
    Oracle Essbase is another EPM software that we used but compared to Tagetik, it's not user friendly and the creation of dimensions and describing rules are more technically difficult. Drill down and analysis are not as easy as double clicking on Cch tagetik for immediate …
    Incentivized
    Chose Wolters Kluwer CCH® Tagetik
    I have not used another consolidation software like Tagetik previously.
    Incentivized
    Chose Wolters Kluwer CCH® Tagetik
    Similar, but with key strengths (report formats and online help and support) and some shortfalls (e.g. HFM ad-hoc reporting and smart view tools are better than those in Wolters Kluwer CCH® Tagetik). On balance, taking into account licensing and the full cost of ownership, …
    Incentivized
    Chose Wolters Kluwer CCH® Tagetik
    SAP S/4 HANA is a standalone tool for databases. I don't know any other product which is that effective with the databases. but for many customers it's too expensive and powerful which also results in the knowhow is needed and otherwise its really hard to get into SAP S/4 HANA …
    Incentivized
    Chose Wolters Kluwer CCH® Tagetik
    Better workflow capabilities Strongest solution for consolidation Easy to maintain and finance owned
    Incentivized
    Chose Wolters Kluwer CCH® Tagetik
    More advanced one.
    Incentivized
    Chose Wolters Kluwer CCH® Tagetik
    Tagetik have a better integration in all parts in our customers systems. it is a lot easier to implement the data. SAP has the problem that there is a lot of different programms and tools, which has to buy to work with a complete tool. But if one part is missing the total sap …
    Incentivized
    Chose Wolters Kluwer CCH® Tagetik
    Jedox is a white paper - you can do anything and when you say this it is less accurate to the financial need, it asks a lot of specifics.
    CCH Tagetik has a financial DNA that helps a lot.
    Incentivized
    Chose Wolters Kluwer CCH® Tagetik
    We have been using CCH Tagetik for uploading Financial data from our other ERP system such as ACCPAC, Navision, Talent etc.. My experience with SAP was using them as ERP system. Thus can't really do a lot of comparison between the two system. The main reason why CCH Tagetik was …
    Incentivized
    Chose Wolters Kluwer CCH® Tagetik
    We have had a 3-year experience with Anaplan for budgeting and performance management on part of our business. Anaplan is brilliant provided you have technical skills to manage multi-dimensional data, and
    Incentivized
    Chose Wolters Kluwer CCH® Tagetik
    CCH Tagetik is way more user friendly and the online help is understandable by non-IT people.
    Incentivized
    Chose Wolters Kluwer CCH® Tagetik
    I was not involved in the selection process.
    Incentivized
    Chose Wolters Kluwer CCH® Tagetik
    1. Price - CCH Tagetik offers a price advantage as compared to bigger competitors.
    2. Modules - CCH Tagetik is able to provide what the Finance of today needs.
    3. Usability - It is not difficult to use once a user is able to grasps hold of the Tagetik concept and mechanism
    Incentivized
    Chose Wolters Kluwer CCH® Tagetik
    We wanted a more accounting-based solution to meet IFRS 17. There are some solutions which were fundamentally more data-based or actuarial-based, hence we wanted a solution that was fundamentally strong in accounting/ financial applications.
    Incentivized
    Chose Wolters Kluwer CCH® Tagetik
    CCH Tagetik was in the end the best choice for us. As I was not directly involved in the decision making process, I don't have all the details, but a combination of costanalysis, ease-of-use, migration-analysis and the fact that CCH Tagetik has a dutch office almost in walking …
    Incentivized
    Chose Wolters Kluwer CCH® Tagetik
    Easy, fast, and economic.
    Incentivized
    Chose Wolters Kluwer CCH® Tagetik
    CCH Tagetik has excellent multi-currency support and it enables us to plan at a low-level of detail, which is very important to us.
    Incentivized
    Chose Wolters Kluwer CCH® Tagetik
    A lot of integration with the other enterprise database (SQL).
    Incentivized
    Chose Wolters Kluwer CCH® Tagetik
    The price of the product was a huge improvement from our previous tool
    Incentivized
    Chose Wolters Kluwer CCH® Tagetik
    This product is very comparable to BPC but much more affordable and the customer service is far superior.
    Incentivized
    Chose Wolters Kluwer CCH® Tagetik
    CCH Tagetik is more complete software and more user-friendly. The user experience is very comfortable.
    Incentivized
    Key User Insights
    Would buy again
    100%
    Would buy again
    16 Answers
    Delivers good value for the price
    100%
    Delivers good value for the price
    16 Answers
    Happy with the feature set
    100%
    Happy with the feature set
    16 Answers
    Lived up to sales and marketing promises
    88%
    Lived up to sales and marketing promises
    7 Answers
    Implementation went as expected
    90%
    Implementation went as expected
    9 Answers
    Features
    Wolters Kluwer CCH® Tagetik
    BI Standard Reporting
    Comparison of BI Standard Reporting features of Wolters Kluwer CCH® Tagetik
    Feature
    Wolters Kluwer CCH® Tagetik
    8.1
    10 Ratings
    6% above category average
    Pixel Perfect reports8.07 Ratings
    Customizable dashboards8.58 Ratings
    Report Formatting Templates8.09 Ratings
    Ad-hoc Reporting
    Comparison of Ad-hoc Reporting features of Wolters Kluwer CCH® Tagetik
    Feature
    Wolters Kluwer CCH® Tagetik
    6.8
    22 Ratings
    18% below category average
    Drill-down analysis6.222 Ratings
    Formatting capabilities6.922 Ratings
    Integration with R or other statistical packages7.17 Ratings
    Report sharing and collaboration6.914 Ratings
    Report Output and Scheduling
    Comparison of Report Output and Scheduling features of Wolters Kluwer CCH® Tagetik
    Feature
    Wolters Kluwer CCH® Tagetik
    8.3
    14 Ratings
    1% above category average
    Publish to Web8.09 Ratings
    Publish to PDF8.012 Ratings
    Report Versioning7.712 Ratings
    Report Delivery Scheduling9.310 Ratings
    Data Discovery and Visualization
    Comparison of Data Discovery and Visualization features of Wolters Kluwer CCH® Tagetik
    Feature
    Wolters Kluwer CCH® Tagetik
    8.5
    8 Ratings
    11% above category average
    Pre-built visualization formats (heatmaps, scatter plots etc.)8.07 Ratings
    Location Analytics / Geographic Visualization8.04 Ratings
    Predictive Analytics9.06 Ratings
    Pattern Recognition and Data Mining9.11 Ratings
    Access Control and Security
    Comparison of Access Control and Security features of Wolters Kluwer CCH® Tagetik
    Feature
    Wolters Kluwer CCH® Tagetik
    9.1
    21 Ratings
    4% above category average
    Multi-User Support (named login)9.521 Ratings
    Role-Based Security Model9.420 Ratings
    Multiple Access Permission Levels (Create, Read, Delete)9.421 Ratings
    Report-Level Access Control7.63 Ratings
    Single Sign-On (SSO)9.815 Ratings
    Mobile Capabilities
    Comparison of Mobile Capabilities features of Wolters Kluwer CCH® Tagetik
    Feature
    Wolters Kluwer CCH® Tagetik
    6.1
    9 Ratings
    26% below category average
    Responsive Design for Web Access5.08 Ratings
    Dashboard / Report / Visualization Interactivity on Mobile7.16 Ratings
    Budgeting, Planning, and Forecasting
    Comparison of Budgeting, Planning, and Forecasting features of Wolters Kluwer CCH® Tagetik
    Feature
    Wolters Kluwer CCH® Tagetik
    8.4
    48 Ratings
    2% above category average
    Long-term financial planning8.134 Ratings
    Financial budgeting8.142 Ratings
    Forecasting8.239 Ratings
    Scenario modeling8.433 Ratings
    Management reporting8.945 Ratings
    Consolidation and Close
    Comparison of Consolidation and Close features of Wolters Kluwer CCH® Tagetik
    Feature
    Wolters Kluwer CCH® Tagetik
    8.8
    44 Ratings
    10% above category average
    Financial data consolidation8.338 Ratings
    Journal entries and reports8.236 Ratings
    Multi-currency management8.333 Ratings
    Intercompany Eliminations9.436 Ratings
    Minority Ownership8.629 Ratings
    Local and consolidated reporting9.642 Ratings
    Detailed Audit Trails9.434 Ratings
    Financial Reporting and Compliance
    Comparison of Financial Reporting and Compliance features of Wolters Kluwer CCH® Tagetik
    Feature
    Wolters Kluwer CCH® Tagetik
    8.7
    48 Ratings
    7% above category average
    Financial Statement Reporting9.040 Ratings
    Management Reporting9.046 Ratings
    Excel-based Reporting8.748 Ratings
    Automated board and financial reporting8.733 Ratings
    XBRL support for regulatory filing8.018 Ratings
    Analytics and Reporting
    Comparison of Analytics and Reporting features of Wolters Kluwer CCH® Tagetik
    Feature
    Wolters Kluwer CCH® Tagetik
    8.2
    31 Ratings
    3% above category average
    Personalized dashboards8.426 Ratings
    Color-coded scorecards8.020 Ratings
    KPIs8.624 Ratings
    Cost and profitability analysis8.322 Ratings
    Key Performance Indicator setting8.022 Ratings
    Benchmarking with external data8.014 Ratings
    Integration
    Comparison of Integration features of Wolters Kluwer CCH® Tagetik
    Feature
    Wolters Kluwer CCH® Tagetik
    9.4
    45 Ratings
    12% above category average
    Flat file integration9.339 Ratings
    Excel data integration9.643 Ratings
    Direct links to 3rd-party data sources9.330 Ratings
    Best Alternatives
    Wolters Kluwer CCH® Tagetik
    Small Businesses
    No answers on this topic
    Medium-sized Companies
    IBM Planning Analytics
    Score8.8 out of 10
    Enterprises
    Oracle Fusion Cloud Enterprise Performance Management
    Score10 out of 10
    All AlternativesView all alternatives
    User Ratings
    Wolters Kluwer CCH® Tagetik
    Likelihood to Recommend
    8.7
    (49 ratings)
    Likelihood to Renew
    8.3
    (10 ratings)
    Usability
    8.0
    (15 ratings)
    Availability
    7.3
    (2 ratings)
    Performance
    9.1
    (2 ratings)
    Support Rating
    10.0
    (5 ratings)
    In-Person Training
    6.4
    (2 ratings)
    Online Training
    8.2
    (1 ratings)
    Implementation Rating
    6.4
    (2 ratings)
    Configurability
    7.3
    (1 ratings)
    Product Scalability
    9.1
    (2 ratings)
    Vendor post-sale
    7.3
    (2 ratings)
    Vendor pre-sale
    8.2
    (2 ratings)
    User Testimonials
    Wolters Kluwer CCH® Tagetik
    Likelihood to Recommend
    Wolters Kluwer
    Scenarios where CCH Tagetik is suitable is when a company have large amounts of data and want to transform, consolidate, store and produce reporting in different year, period etc with complex calculations and allocation. Tagetik is the tool for you in this case and it's very flexible in terms of creating your own business rule, calculation and reporting options with a user friendly interface. I have not thought about scenarios where it is not appropriate to use tagetik yet as the tool covers small and large business financial needs
    Read full review
    Pros
    Wolters Kluwer
    • Processes are clearly described in CCH Tagetik ; users can easily find where they are and which action they have to make
    • Interaction with Excel is really fluid ; the Excel add-in is easy to deploy and to updgrade, in the hand of users. It is reliable provided the internet connection is fast.
    • Managing hierachies is obvious in CCH Tagetik. Hierarchies are fundamental for a good reporting ; CCH Tagetik has obviously a deep experience of this feature.
    • SaaS : our experience with CCH Tagetik is of only 1 year, but it technically performs well, the system is reponsive, no shut-down, and updates (every quarter) do not disturb production.
    • AIH seems to be able to manage very large quantity of data, and to provide advanced analysis functionalities. We did not have time to explore them.
    Incentivized
    Read full review
    Cons
    Wolters Kluwer
    • Online help and manual is a bonus but could be improved e.g. the clarity of English explanations.
    • Improved Excel compatibility e.g. formula driven reporting and dash boarding.
    • Mobile phone connectivity e.g. launching a consolidation from a Wolters Kluwer CCH® Tagetik app.
    Incentivized
    Read full review
    Likelihood to Renew
    Wolters Kluwer
    Because in my oppinion Wolters Kluwer CCH Tagetik is one of the most usable tools for consolidation, planning (controlling) and reporting. Its usability is quite easy and innovative. I like the data entry method for the customers with its workflow and tasks, quite easy way to implement a co pilot. And i like the reporting tool, with a lot of customization opportunities.
    Read full review
    Usability
    Wolters Kluwer
    Surprisingly, this platform is a powerhouse ERP system. However, given time, when more and more organization is able to identify how powerful this tool can be, CCH Tagetik is able to stand as a competitive advantage to many of the Financial industry of today. Although, it needs time to understand the logic behind how CCH Tagetik is formed and setup, once it is known to the user, it is an easy day to day operations with minimal maintenance.
    Incentivized
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    Reliability and Availability
    Wolters Kluwer
    CCH Tagetik has alwyas been there in case we need help. In almost 20 years of commercial relationship, I have no evidence of times in which they were not available to answer a question or to solve an issue linked to their products, timely and efficiently.
    Incentivized
    Read full review
    Performance
    Wolters Kluwer
    As you can see, speed depends on the applications but also on the hardware that runs them. As far as CCH Tagetik improved, we saw the benefit of a cloud-based solution which could solve many speed performance issues.
    Incentivized
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    Support Rating
    Wolters Kluwer
    I got very quick respons. After very little mail iterations, they decided to have online meeting to look together with me to the issue. They tried to solve it during the meeting. I had the impression that the customer care person really knew the system and was able to ask help from other colleagues when needed
    Incentivized
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    In-Person Training
    Wolters Kluwer
    the training was not bad, but we got more training from working with the consultants. This because it is based on our system
    Incentivized
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    Online Training
    Wolters Kluwer
    Online training is the only form of training we could deploy during the pandemic. This service has been nonethless delivered with the same standards and the same results of the traditional training procedures.
    Incentivized
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    Implementation Rating
    Wolters Kluwer
    we did it in a coaching model. This allowed us to have 2 key advantages: we got to know the system very well and managed to save on the implementation cost. This worked well, was maybe a bit slower since we had to do this in our spare time. Nevertheless I strongly recommand
    Incentivized
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    Alternatives Considered
    Wolters Kluwer
    I found the Excel piece of IBM Cognos TM1 to be easier to use than CCH Tagetik. It was much easier to customize the data being pulled and the feel of the reports because of that. Other than that, CCH Tagetik has been more user friendly than IBM Cognos TM1. Navigating within the application is much easier. IBM Cognos TM1 had a lot of issues with certain modules that could not be open concurrently; this would often lead to phantom data being entered in the system. I have not had these issues with CCH Tagetik.
    Incentivized
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    Scalability
    Wolters Kluwer
    A good and performing scalability both on a geographical and a legal entity scale. The link with MS Office suite allows an easy deployment of the application, especially for contributors.
    Incentivized
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    Return on Investment
    Wolters Kluwer
    • Gave us a tool that can absolutely grow with us to help multi phase implementations.
    • A significant time savings in terms of the amount of time we used to spend running reports vs. the time we spend now. Unbelievable improvement.
    • Gives us the option to use CCH Tagetik to solve business problems that perhaps we didn't have when we implemented CCH Tagetik. It gives us options without the possibility of implementing a whole other software package.
    Read full review
    ScreenShots

    Wolters Kluwer CCH® Tagetik Screenshots

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