maus-freres
FinanceJuly 07, 2021

Maus Frères

Maus Frères implemented CCH® Tagetik’s software for Budgeting, Planning & Forecasting, Consolidation.

With CCH Tagetik we were able to significantly improve the planning and budgeting processes of the real estate division.
Thomas Vangendt, Head of Finance & Controlling Real Estate Division, Maus Frères SA
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The Challenge

The history of Maus Frères dates back to 1902. At that time, the brothers Ernest and Henri Maus, together with their business partner Leon Nordmann, laid the foundation for today’s group with a department store in Lucerne. Against this background, efficient, high-performance structures and processes are crucial for Maus Frères’ finance department. But in areas such as planning, budgeting and corporate performance management, there were deficiencies and limitations, especially from a technological point of view.

For example, performance measurement was largely Excel-based - with all the associated challenges and limitations. Modern management reporting solutions were only available to a very limited extent. The existing accounting solution was getting old and heading toward outdated, insufficiently integrated and only partially suitable for mapping the holding company’s business processes.

CCH Tagetik Solution

Maus Frères opted for the Abacus ERP system on the one hand and for CCH® Tagetik for performance management on the other. The CPM specialist Satriun came into play as the holding company’s implementation partner. Satriun has extensive CCH® Tagetik expertise and was already known to Maus Frères from previous joint projects.

All transactional core processes of the organization are now mapped via the Abacus ERP. CCH® Tagetik in turn covers performance management, especially in the areas of budgeting, forecasting, planning, and KPIs. Data from the four business units Lease Management, Shopping Center Management, Facility Management, and Project Management is processed via a uniform solution.

The bottom line is that with CCH® Tagetik, Maus Frères was able to introduce a unified performance management platform that, thanks to its holistic finance transformation approach, goes well beyond the performance and functional spectrum of classic CPM solutions. They have a fully integrated and optimized planning process that saves time, improves accuracy and transparency with drill-down to the granular project level.

Benefits

Implementation of CCH® Tagetik 
unified solution with reporting 
tailored to individual BU‘s

Implementation of better integrated and more up-to-date reporting that is more precisely tailored to the requirements of the individual business units

Optimization of planning and budgeting processes

CCH Tagetik has a fully integrated and optimized planning process that saves time, improves accuracy and transparency with drill-down to the granular project level

Covering areas such as Budgeting, 
forecasting, planning and KPIs in a 
unified solutions

CCH Tagetik in turn covers performance management, especially in the areas of budgeting, forecasting, planning, and KPIs

Consideration of very different 
revenues and costs

Handling budgets by project, shopping center or consolidated overall portfolio very easily and without any detours

Comprehensive consolidation 
options

Data from the four business units Lease Management, Shopping Center Management, Facility Management, and Project Management is processed via a uniform solution
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