In this webinar, practical experience in transforming outdated Corporate Performance Management (CPM) systems will be shared. We will discuss strategic planning, implementation hurdles, and key successes encountered throughout the upgrade process. Discover how various data sources were integrated, processes standardized and simplified, and automation achieved with CCH Tagetik. The session will highlight the approach to handling different reporting requirements, the integration of financial and operational data, and the benefits of achieving a high level of data quality and granularity.
This webinar aims to guide businesses through similar transitions, providing essential tips and best practices for achieving successful system upgrades and improved operational efficiency.
Key Takeaways:
- Diverse Reporting Needs: Management of different types of reports (management, legal, budgets) due to global operations, leading to a complex planning process.
- Transition to CCH Tagetik: After extensive evaluation, CCH Tagetik was chosen for overall integration, moving from an ESS-based database to a more cohesive system with larger data cubes.
- Standardization and Simplification: Significant efforts were made to standardize and simplify processes before implementing CCH Tagetik, ensuring a smooth and unified migration.
- Automation and Visualization: The integration with CCH Tagetik enabled automation and better visualization of data, enhancing the efficiency of financial analysis and reporting processes.
- Handling Large Data Loads: Successful management of the integration of large data loads, meeting diverse business unit requirements and maintaining high data quality and granularity.