Corporate Performance & ESG UpdatedSeptember 23, 2026

BPM Partners Consolidation & Reporting Buyers Guide 2026

Key Takeaways

  • Financial consolidation and reporting software is expanding beyond the traditional close process to support connected finance operations.
  • AI-powered financial consolidation is a top priority, with over 80% of buyers seeking AI capabilities or a defined AI roadmap.
  • Modern finance teams prefer unified CPM platforms that connect consolidation, reporting, planning, reconciliation, and automation.
  • CCH Tagetik is recognized by BPM Partners as a Core Vendor, offering AI-enabled financial close, consolidation, reporting, and planning on a single platform.
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Part of BPM Partner’s 2022 Performance Management Series


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What is CCH Tagetik? 

CCH Tagetik is a Corporate Performance Management (CPM) platform that connects financial close and consolidation, reporting, planning, disclosure, and other critical finance processes. Its unified approach is designed to help finance organizations manage complex financial processes while improving automation, transparency, governance, and control. 

For financial consolidation and reporting, CCH Tagetik combines capabilities including financial close and consolidation, account reconciliation, transaction matching, reporting, disclosure management, and AI-powered automation.

How does CCH Tagetik support Financial Close and Consolidation?

CCH Tagetik helps finance teams manage financial-close-consolidation through a unified platform that connects financial data, workflows, controls, and reporting. Organizations can automate and monitor key processes while maintaining visibility and governance across entities, currencies, and accounting requirements. 

This connected approach can help finance teams reduce manual effort, improve data quality, accelerate close cycles, and produce more reliable and audit-ready financial results. 

How is AI used in Financial Consolidation and Reporting?

AI is becoming an increasingly important capability in financial consolidation and reporting software. The 2026 BPM Partners Buyers Guide reports that more than 80% of buyers want vendors with AI capabilities or a clear AI roadmap. 

CCH Tagetik embeds AI-powered capabilities into finance workflows to support activities such as transaction matching, anomaly detection, data validation, reconciliation, and variance analysis. This enables finance teams to apply automation and intelligent assistance within existing financial processes while maintaining finance-led control. 

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To help companies in the market for a financial consolidation and reporting solution, BPM Partners recently released their 2022 Buyers Guide for Financial Consolidation and Reporting Solutions. The guide leverages data from their annual BPM Pulse Research Study and Vendor Landscape Matrix report and is the only vendor-neutral Buyers Guide for Financial Consolidation and Reporting Solutions available.  
 
Areas covered in this guide include financial consolidation and close, account reconciliation, management reporting, statutory reporting, and performance dashboards. 

The guide includes 7 key sections: 

  • Requirements – guidance on the key requirements you should be considering for your new consolidation and reporting solution 
  • Focused vs. comprehensive consolidation – a table laying out the key differences between the two main categories of consolidation solutions available today 
  • Core vendors – a brief snapshot of established vendors that have received top ratings specifically for their consolidation and reporting functionality 
  • Core vendors rating comparison chart – a chart comparing customer satisfaction ratings for seven key attributes 
  • Additional vendors – a list of newer vendors and others that did not meet the core vendor criteria 
  • Process – the methodology and best practices used by BPM Partners on their projects  
  • Additional content – CCH Tagetik Financial Close and Consolidation data sheet 
 
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Key takeaways for finance leaders

 
The 2026 BPM Partners Buyers Guide highlights several priorities shaping the financial consolidation and reporting market:

  • Automation: Finance teams are looking to reduce manual work and accelerate close and reporting cycles. 
  • AI: More than 80% of buyers want vendors with AI capabilities or a clear AI roadmap. 
  • Integration: Connected data and integration with source systems are important considerations when evaluating finance platforms. 
  • Scalability: Organizations need solutions that can support growing complexity across entities, currencies, and business units. 
  • Connected finance: Planning, consolidation, reporting, and close are increasingly evaluated as connected processes. 
  • Usability: Ease of use and the ability for finance teams to adapt solutions are important selection criteria.
  • Reporting: Finance organizations need reliable, governed data for both management and statutory reporting. 

What can you learn from the 2026 BPM Partners Buyers Guide? 

Download the BPM Partners Consolidation & Reporting Buyers Guide 2026 to explore:

  • Key trends shaping financial consolidation and reporting 
  • The capabilities finance leaders consider when evaluating consolidation and reporting solutions 
  • The growing role of AI in finance technology 
  • Key selection criteria including scalability, integration, ease of use, and reporting 
  • How vendors are positioned across functionality and customer satisfaction 
  • How organizations are approaching financial close, consolidation, reporting, planning, automation, and AI 
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