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FinanceFebruary 03, 2022

Acea

Accelerating Financial Close processes and optimizing performance with CCH® Tagetik and SAP HANA®

CCH®Tagetik with SAP HANA is increasingly important for our office of finance. Its high performance enables a continuous transformation process.
Giuseppe Scianguetta, Director, Factory & Architecture Technology and Solutions, Acea Group
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The Challenge

  • Disconnected, siloed processes inhibited accounting alignment
  • Tools for qualitative and quantitative analysis were slow and unresponsive
  • Lacked the means to manage large amounts of data with analytical detail
  • Long data collection and processing times

CCH Tagetik Solutions

  • Accelerated financial close and real-time reporting processes through advanced data integration capabilities and hourly feeds, leading to the ability to manage 10x more data across processes for improved transparency
  • Improved user experience as a result of faster response times for data loading, data entry and reporting
  • Enhanced financial processes, consolidation, budgeting, planning, and management reporting
  • Increased performance enabled by SAP HANA allowed Acea to benefit from robust data for granularity and volume available for processes
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