CCH Tagetik’s recognition from Gartner for Financial Close and Consolidation reflects a broader shift toward autonomous finance

As finance leaders face growing pressure to deliver speed, accuracy, and insight at the same time, the systems underpinning close and consolidation are being reexamined. What was once viewed primarily as a back-office process is now central to how organizations respond to volatility, regulatory change, and rising expectations for real-time decision making. 

That shift is reflected in Wolters Kluwer being named a Leader in the 2026 Gartner® Magic Quadrant™ for Financial Close and Consolidation Solutions for its CCH® Tagetik platform. The recognition underscores a broader trend identified by Gartner: finance teams are moving beyond basic cloud migration toward unified platforms that support a more autonomous close.

What finance leaders say is driving the change

Recent research from Wolters Kluwer’s Future Ready CFO Report helps explain why this transition is accelerating. While digital transformation is now well established across the finance function, the data shows a clear gap between system integration and true, AI-enabled maturity.

Findings from the global survey of senior finance leaders show that: 

• Digital foundations are still not fully embedded, with 47% of respondents saying finance transformation, process modernization, and digital initiatives have not yet been fully embedded in their current role. 
• Advanced maturity remains limited, as only a small minority of organizations describe their finance function as operating with real-time, AI-enabled capabilities.  
• AI adoption has moved into the mainstream, with nearly half of senior finance leaders identifying AI adoption and implementation as the most impactful trend shaping finance priorities over the next 12 months.

CCH Tagetik was designed to address that challenge by unifying close, consolidation, planning, ESG, tax, and regulatory reporting within a single platform. Embedded Expert AI automates routine processes, improves accuracy, and highlights risks and opportunities earlier in the close cycle, helping finance teams move from reactive reporting to proactive insight. 

Maria Montenegro, CEO of Wolters Kluwer Corporate Performance & ESG, said: “Today’s CFOs are acting as performance orchestrators for the enterprise, balancing speed, accuracy, and control in an increasingly volatile business environment. This recognition demonstrates that organizations are looking for platforms that help them apply intelligence where it matters most, without compromising governance or confidence in the numbers.” 

The Future Ready CFO research also points to a growing accountability gap as AI becomes more deeply embedded in finance. While nearly half of respondents cite AI adoption as the most impactful trend in the year ahead, trust, governance, and transparency remain top concerns. Unified platforms that embed intelligence within governed processes are increasingly seen as essential to closing that gap. 

That same governed AI approach is also showing up in adjacent processes like planning and forecasting, areas where unified finance platforms can drive faster, more confident decisions.  

Brian D. Strohecker, AVP of Budget and Accounts Payable at Members 1, said: "Our first predictive model delivered a 3% improvement in accuracy, translating to roughly $400,000 in gains over actuals from January to June 2025. Even more impressive, compared to the budget, accuracy improved by 27%. These results prove that predictive analytics isn’t just a buzzword, it’s a game-changer for financial planning and decision-making."

Gartner notes that the financial close and consolidation market is evolving rapidly, with buyers prioritizing platforms that support autonomy, scalability, and advanced analytics. As finance continues to take on a more strategic role across the enterprise, recognition in this year’s Magic Quadrant highlights the growing importance of technology that can keep pace with the modern CFO agenda.