Simple consolidation for Erste with CCH Tagetik 

From a very complicated SAP solution to the flexibility of CCH Tagetik consolidation. Erste boosted their data processing saving 50% of their time, benefiting from a very flexible reporting and a win-win collaboration.

Erste is consolidating around 400 entities and with the help of CCH Tagetik the consolidation process is simple because the interface is easy and flexible. 

With CCH Tagetik Consolidation software the process is almost independent, starting at the very beginning of data collection until the very end of doing a regulatory reporting and an investor reporting through the entire process, whatever you do in between, validating, consolidating, adding postings, it's really from A to Z, it's so integrated and whenever you have like a new requirement being in data collection or on the other hand in the data reporting, CCH Tagetik simply keeps bilding on. For example the iXBRL reporting, everyone who is stock listed will need to report this format and so CCH Tagetik has simply developed it.