FinanceFebruary 16, 2020

Historical financial management vs. CCH Tagetik: a feature-by-feature comparison for CFOs

You’re missing out on a lot by sticking with your historical financial management solution instead of bridging the gap with a modernized consolidation solution. Here’s how.

Many legacy system providers have stopped maintaining their on-premises solutions. No new upgrades. No new innovations. No roadmap. The result: finance teams must contend with frequent delays, wasted resources, overextended budgets, and an overload of menial, error-prone tasks.

Common complaints include:

  • Complex scripting for even basic tasks
  • Lengthy variance and what-if analysis processes
  • Lack of workflow across the close cycle
  • Outdated UI and cumbersome integration with Microsoft Office
  • Complex upgrades with no functional innovations planned
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