maus-freres
FinanceJuly 27, 2021

Solevo

Solevo implemented CCH® Tagetik software for Consolidation.

CCH® Tagetik enables us to have simple as well as flexible closing processes.
Nicolas Piquet-Michot, Head of Accounting, Reporting & Consolidation, SOLEVO Group
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The Challenge

SOLEVO Suisse SA was faced with the challenge of introducing a new solution for financial consolidation and reporting. At the same time, the company had just completed the transition to a cloud-based ERP system from Microsoft.

Therefore, a solution was needed that could be easily and efficiently integrated into this infrastructure and also be maintained with the lowest possible effort.

CCH Tagetik Solution

During a detailed audit, CCH Tagetik clearly prevailed over competitors. The most important factors included, for example, easy-to-implement and flexible processes for creating monthly financial statements. Among the main benefits is the system’s ability to implement the reporting cycle quickly and automatically. For intercompany reconciliation, SOLEVO benefits from an integrated reconciliation tool. The finance department can also easily and independently make adjustments in the system like changes in workflows, validations and individual work steps.

Benefits

Monthly, quarterly and annual close

the system is able to implement the reporting cycle quickly and automatically.

Coverage of the reporting requirements of the group’s international companies

facilitation of intercompany reconciliation via reconciliation tool.

Integration in a Cloud infrastructure based on Microsoft
forecasting, planning and KPIs in a 
unified solutions

necessary adjustments in the system are easy to make
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