Rabobank Group
FinanceSeptember 01, 2017

Rabobank Group

Rabobank implemented CCH Tagetik’s software solution for Consolidation, Intercompany Matching, ETL, Disclosure Management, Analytics
Working with CCH Tagetik has been a perfect fit from day one. The commitment and enthusiasm of CCH Tagetik’s consultants have helped make our project a success.
Rene Witlox, Head of Strategic Development BI, Rabobank
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Rabobank had used the same software for consolidation for over fifteen years. At the beginning of 2012, however, it decided to replace its multiple worldwide installations of Hyperion Enterprise with a single, Web-based consolidation application. Its requirements included:

  • Integrated process controls and electronic sign-offs on data
  • Guided workflow and task support
  • Intuitive end-user tools
  • Full audit trails on SOX-critical data
  • Enhanced reporting and analysis tools

CCH Tagetik Solutions

  • One unified, Web-based, out-of-the-box solution
  • Decentralized intercompany matching process
  • Extensive security, process support and audit trail
  • Scalability for management accounting and budget processes
  • Support for multiple reporting needs

Main advantages

Higher data consistency and quality

The single Web-based application improved the consistency/quality of its data to streamline the entire process and a faster close

More correct, consistent dataRS 15

The financial controlling department now receives more correct, consistent data, which it uses for analysis

Better controls through built-in workflow

Thanks to the integrated process controls, Rabobank minimized the manual work involved in the consolidation process

Accuracy of the information

The heart of the application is a guided, step-bystep submission process with strict validations for monthly/annual information

Train-the-trainer program

CCH Tagetik and Rabobank later developed a train-the-trainer program so that users could conduct further trainings internally on their own


Rabobank extended its application in 2014 to include the new FINREP regulatory reporting requirements
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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.
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