FinanceNovember 15, 2023

Why you should consider replacing SAP BFC with CCH Tagetik Financial Close and Consolidation

SAP BFC is at the end of maintenance. Don't let it bring your financial processes to a halt. Explore the best paths forward in this whitepaper. 

Navigating the SAP BFC transition  

SAP's end of support for SAP BFC is imminent, which means it's decision time for many BFC users. The good news? You’ve got options that will vastly improve your consolidation process.  

The whitepaper, What to do if your consolidation system has ended maintenance, explores BFC replacement options, including migrating your consolidation process to CCH Tagetik Financial Close and Consolidation – a CPM platform that seamlessly integrates with SAP S/4 HANA.  

What you’ll learn:  

  • Critical questions: Some SAP BFC users are hesitant to replace their solution until closer to the end-of-life date. But can you afford to wait? We’ve identified three critical questions SAP BFC users need to ask themselves to determine how soon they should transition. 
  • Options for moving forward: There are several different options for replacing BFC, but not all of them are created equal. We break down your options so you can select the best software approach for your organization.  
  • What to look for in a replacement: It’s been years since BFC users explored new consolidation software — and the technology has changed. We break down the modernized features and capabilities you should look for in a new solution.  
  • How CCH Tagetik can help: CCH Tagetik Financial Close and Consolidation is an S/4 HANA-ready solution built to simplify complex consolidation processes. Learn why it’s the perfect replacement for SAP BFC and will elevate your consolidation process moving forward.
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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