CCH Tagetik asserts that large and global organizations stand to benefit outstandingly from CCH Tagetik’s ability to manage complex requirements in a scalable solution
Today Wolters Kluwer Tax & Accounting announced that its industry-leading CCH Tagetik global performance management software solution has been ranked first in the large and global organization use cases in the Gartner Inc. Critical Capabilities for Cloud Financial Planning and Analysis Solutions1 report. The report covers vendors, functionalities and releases described in the companion 2019 “Magic Quadrant for Cloud Financial Planning and Analysis Solutions2”.
“The office of Finance requires financial budgets and plans and modeling solutions that facilitate more transparent, collaborative processes, while supporting a strategic focus”, stated Gartner through this latest report.
That’s even more true when talking about large, complex organizations facing market challenges that requires to go beyond traditional planning capabilities.
“We are proud to see CCH Tagetik rankings among the other vendors providing solutions to large, global and fast growing organizations,” said Ralf Gärtner Senior Vice President and General Manager of Corporate Performance Solutions, Wolters Kluwer Tax & Accounting. “CCH Tagetik is an innovative EMEA-based solution; with representation in 52 countries across the world, it makes sense to us that CCH Tagetik is a perfect fit for multinational organizations based in or outside of the EU”.
CCH Tagetik improved its scores for its business unit, EMEA-based organizations, and large organizations use cases compared to last year, while this year being positioned in the highest rank in the market it is able to meet the business needs of large, global organizations.
“We were pleased to see the results in this most recent Gartner report since we feel they reflect what we know about our customers, especially large business organizations which have experienced financial transformation on their path,” said Manuel Vellutini, Executive Vice President Commercial, CCH Tagetik, Wolters Kluwer Tax & Accounting.
“In fact, by aligning finance and operations in a single solution, CCH Tagetik Budgeting and Planning allows companies to plan more often and in more depth, gaining speed, improving agility and enabling finance transformation”, said Marco Pierallini, Executive Vice President Product, CCH Tagetik Product, Wolters Kluwer Tax & Accounting. “By getting deeper insight into the business, our customers are getting more accurate plans to maximize revenue potential and profitability, improve margins and operational efficiency while enhancing transparency and control.”
1Critical Capabilities for Cloud Financial Planning and Analysis Solutions by Robert Anderson, John Van Decker and Greg Leiter, August 27, 2019.
2Magic Quadrant for Cloud Financial Planning and Analysis Solutions by Robert Anderson, John Van Decker, Greg Leiter, 8 August 2019.
Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.