ECE

The real estate company ECE Projektmanagement G.m.b.H. & Co. KG (ECE) specializes in the development, realization, leasing and operation of shopping centers. ECE's capital-intensive involvement in the real estate market requires monthly cash flow planning. ECE planning objects - currently 199 shopping centers and around 50 real estate projects under development - have been recorded with the CCH Tagetik software solution since August 2016. The project to introduce a new planning tool at ECE officially started in December 2014, but the preparations actually started two years earlier. 

The trigger for the search for a new planning tool was the increasing dissatisfaction of the planning participants, as the growing demands on a planning process in Excel could hardly be met. In the central financial area, the effort for the correct processing of data, such as the processing of data from the data warehouse in the Excel spreadsheets, was also increasing more and more. It was also difficult to keep track of which planning steps the individual group companies had already taken. Leading to frustration and overtime.

CCH Tagetik Solution

From income from parking lot terminals to the entire cash view: the real estate company ECE Projektmanagement G.m.b.H. & Co. KG (ECE) uses CCH Tagetik to carry out fully integrated cash flow planning on a monthly basis. The planning data is entered by about 300 users from around 60 Group companies in special Excel-based input forms. The planning process is controlled by sophisticated workflows. As a result, the central finance and controlling departments have more opportunities to carry out complex analyses. The main objective is to provide management with a better basis for decision-making on corporate management.

Benefits