Generali
Finance1/9/2017 12:00:00 AM

Generali Participations Netherlands

Generali Participations Netherlands implemented CCH Tagetik’s software solution for Group Reporting, Financial Statements, Corporate Income and Value Added Tax and CCH Tagetik Analytic Information Hub.
Using our old method, we would never have been able to create the reports that we now submit to our head office by using CCH Tagetik. Now, we can get more work done with fewer actions and in less time. On top of that, the results are more accurate.
Erik Fiselier, Financial Controller and Information Manager at GPN
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The Challenge

Generali Participations Netherlands (GPN) invests in and manages insurance companies that are part of the Generali Group, one of the world's largest insurance company groups. Each month GPN submits reports of all investments to the head office in Italy. GPN used to create 18 different monthly reports, each containing dozens of data categories in which the data were manually entered using Excel.

CCH Tagetik Solution

GPN was looking to establish a single source for all our information in order to better facilitate the creation of reports. With the CCH Tagetik Analytic Information Hub, GPN has integrated all metadata and current data – both transactional and operational – within a single database. Thus enabling the company to quickly and easily create reports.

Benefits

Table title

Create investment reports with more ease

With the CCH Tagetik Analytic Information Hub, GPN has one single source for all investment-related data.

Minimize the amount of manual and error-sensitive work

with fields that can be entered from a drop-down menu.

Gain more control over report version management

Version and progress management has been fully streamlined.

The quality and accuracy of the reports has greatly increased

CCH Tagetik enabled GPN to merge a number of reports with more information then before.

The entire reporting process takes 75% less time

the reports almost immediately meet the requirements of Generali Group parent company.

User-friendly and intuitive interface, fast adoption by users

CCH Tagetik has the same look and feel as Excel so you can quickly get the hang of the new system with no error thanks to the drop-down menu.
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Financial Close & Consolidation
Manage your financial close and consolidation with CCH Tagetik's software from local close to group consolidation to regulatory reporting and disclosure.