Wolters Kluwer, a global leader in professional information and software solutions, today announced that Securitas has chosen the CCH Tagetik Corporate Performance Management (CPM) solution to modernize and strengthen its financial closing and Group consolidation process.
Securitas is a world-leading safety and security solutions partner. With 336000 employees in 44 markets, Securitas is a global provider of security services, offering on-site, mobile and remote guarding to technology, fire and safety services and corporate risk management.
Patrick Nordling, Sales Director of CCH Tagetik Nordic at Wolters Kluwer, said:
“We aim to equip CFOs with cutting-edge tools to drive digital transformation, adapt to uncertainty, and maintain compliance for sustainable success. Having Securitas as a customer allows us to deliver a solution that unifies financial data to advance their financial consolidation- and reporting efforts.”
The CCH Tagetik CPM solution is deployed on Microsoft Azure Enterprise Cloud, providing a robust and scalable platform to support Securitas' finance transformation goals. The solution will provide a platform for financial close- and consolidation, global minimum tax, tax provisioning, and will also feature CCH Tagetik's innovative Collaborative Office solution.
Hanna Lindelöf, VP Finance at Securitas, said:
“We aim to replace the current financial consolidation system with the new one built together with CCH Tagetik and to transform how Securitas works with consolidation, lease accounting (IFRS16), and tax processes. With this solution, we believe we have found a financial consolidation system that enhances the effectiveness and efficiency of our group closing process.”
CCH Tagetik is part of Wolters Kluwer’s Corporate Performance & ESG (CP & ESG) division, a global leader in integrated software solutions for Corporate Performance Management (CPM), ESG, EHS, and Governance, Risk, and Compliance (GRC). Through innovative technology and unique expertise, Wolters Kluwer CP & ESG enables business leaders to make informed, strategic decisions driving transformation, performance, and risk management for a sustainable and resilient world.
