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Wolters Kluwer is a global leader in information, software solutions and services for professionals in healthcare; tax and accounting; financial and corporate compliance; legal and regulatory; corporate performance and ESG.

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    • Health

      Trusted clinical technology and evidence-based solutions that drive effective decision-making and outcomes across healthcare. Specialized in clinical effectiveness, learning, research and safety.

      Health Overview
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      • UpToDateIndustry-leading clinical decision support
      • OvidThe world’s most trusted medical research platform
      • UpToDate LexidrugEvidence-based drug referential solutions
      • Simplifi+ Pharmacy ComplianceAn automated suite of compliance solutions to optimize your operations
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    • Tax & Accounting

      Enabling tax and accounting professionals and businesses of all sizes drive productivity, navigate change, and deliver better outcomes. With workflows optimized by technology and guided by deep domain expertise, we help organizations grow, manage, and protect their businesses and their client’s businesses.

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      • Tax & Accounting U.S. HubCentral hub for all U.S. solutions
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      • Making the switch: How two firms are building smarter workflows with CCH Axcess™
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    • ESG

      Enterprise software to drive financial and sustainability performance, manage risks, meet reporting requirements, improve safety and productivity, and reduce environmental impact.

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      • CCH TagetikUnified performance management software
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      Our solutions for regulated financial departments and institutions help customers meet their obligations to external regulators. We specialize in unifying and optimizing processes to deliver a real-time and accurate view of your financial position.

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      • CCH TagetikUnified performance management software
      • eOriginal eOriginal securely digitizes the lending process from the close to the secondary market
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      Enabling organizations to ensure adherence with ever-changing regulatory obligations, manage risk, increase efficiency, and produce better business outcomes.

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    5. Business Performance Management (BPM)

    Business Performance Management (BPM)

    Secondary Navigation
    CCH® Tagetik
    • AI for Finance

      Unprecedented efficiency. Powerful insights. Pinpoint accuracy. AI-based CPM helps finance teams make strategic decision faster. Welcome AI onto your finance team today.

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    • Self-service analytics powered by GenAI

      CCH® Tagetik Intelligent Analytics is a first-of-its-kind self-service reporting and analytics engine embedded across our Intelligent Platform. Just Ask AI, our GenAI tool, to unlock insights and get instant visualization.

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      At CCH® Tagetik, we are continuously updating our performance management software with innovations based on input from our customers to improve the customer experience. We value customer relationships above all else. That’s why our customers rank us high in independent customer satisfaction surveys.

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      Access our complimentary and informative resources focused on improving corporate performance management processes.

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      We understand the complex challenges that the Office of the CFO faces and translate that knowledge into intuitive, enterprise-scale CCH® Tagetik performance management software solutions.

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    • What is business performance management?

      Business Performance Management (BPM) refers to the mechanisms companies put in place to measure performance and communicate results internally and externally. The goal of CPM is to use current and historical performance data to improve future performance and decision making.

      Business Performance Management is also known as Corporate Performance Management (CPM) and Enterprise Performance Management (EPM).

    • What are Business Performance Management processes?

      Business performance management includes these business processes:

      • Budgeting, planning, and forecasting
      • Business modeling
      • Dashboarding
      • Consolidation
      • Financial, statutory and management reporting
      • Compliance, corporate governance, and internal controls
      • Risk management
      • Business and predictive analytics
    • Why is business performance management important?

      Business performance management leads to better business decisions.

      Knowledge is power. Shooting from the hip is not. When it comes to decision making, the more financial information you’re privy to, the more calculated your decisions will be. As a bonus, when stakeholders can see how financial information interrelates across departments, they get a 360-degree view of the financial impact that decision will have.

      Business performance management makes staff more efficient.
      Business performance management software is built to streamline financial processes. The software automates processes like data collection and reporting. By using tools that have features like a single set of data, collaboration tools, built-in workflow, dashboards and pre-built templates, the users of performance data are able to complete financial processes faster.

      Business performance management promotes alignment across LoBs, departments, branches, and divisions.
      Does the left hand know what the right hand is doing? Business performance management software provides users with a look into financial data at every level of granularity, from a high level to the minutiae. While regional users can access the information that pertains to them, global users can get a bird’s eye view of the trends happening across the organization and then better prioritize budgets, plans and action.

      Business performance management helps management identify risks.
      With frequent monitoring using tools like performance dashboards and real-time updates to KPIs, management can identify risks and respond in a more timely manner.

      How to improve business performance management:

      • Deploy a single BPM solution across your entire organization.
      • Use a single BPM solution to manage all financial processes, from close to disclosure.
      • Connect all applications and systems that house performance data to a single data source.

      Understanding corporate performance management trends is really important because CPM trends impact the way businesses plan, operate, and execute short- and long-term strategy.

    Solution
    CCH® Tagetik
    Corporate Performance Management
    Explore Key Features

    Go beyond traditional Corporate Performance Management (CPM) software with a strategic and intelligent platform.

    Drive innovation with CCH® Tagetik

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    Related Resources

    • CPM software checklist
    • Nucleus Research CPM Report
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