With capital expenditures on the rise and increasing data usage, Telco’s operational plans and capital requirements are constantly changing. Whether you’re looking to fund a new tower or determine the viability of a new smartphone offering, CCH Tagetik for Telco gives you the depth of insight you need to bolster profitability.
By centralizing performance data, financial processes, and department plans our platform extends your analysis to every nook of your operations. So your planning process isn’t a game of telephone, CCH Tagetik connects strategic long-range plans to capital plans and annual budgets, while also aligning planners with a single source of data. With CCH Tagetik’s true integrated planning solution, your operational plans will always support long-term strategies and financial goals.
3 reasons why CCH Tagetik for Telco & Communications lets you focus on your business
Accelerate the production of regulatory filings
Use our pre-configured compliance solutions to prepare statements according to multi-GAAP standard and regulatory rulings. Report local, consolidate globally with built-in financial intelligence.
Gain insights into profitability of new services
Use what-if and scenario analysis to remain agile as the telco landscape changes. Change cost allocations, asset distribution models and revenue overlays to determine optimum pricing models.
Model key drivers for rate transparency
See profitability by type of service like fixed network, leased or bundled. Model key operational drivers like wireless network costs to impose allocation structures for full transparency of rates and charges.
Read what our customers have to say
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Telecom Italia
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Alcatel
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Alcatel (2)
From a technical standpoint, the solution easily integrated into our IT architecture, and all levels of the group can access the new functionality.
With CCH Tagetik, we can set up our monthly reporting in eight days instead of ten, and we’ve gained a week back on the time needed to standardize all of our reports. Moreover, this cloud solution saves us more than two months closing our annual accounts.
A year ago, in order to meet our year-end closing, it took us several months to produce the consolidated books. Today, we’re in the middle of March and the books are ready. The acceptance of finance within the organization has definitely improved because we're much faster. It’s no longer the fight for figures. They’re produced at the promised time.
Make fully informed capital expenditure decisions
From proposal development to funding assignments, use our workflow to evaluate and streamline capital requests, gearing decisions towards growth initiatives, like new services and markets.
- Model resource requirements for capacity planning
- Capture cash flow impact of CAPEX in real-time
- Automate production of regulatory filings
- Rolling forecasts with auto-refreshing data
- Align workforce needs with capital projects
Insight into margins and operating costs
Almost all telco operators are faced with pressures on pricing and margins. Using CCH Tagetik's trusted data source, finance and operations can collaborate to understand costing, productivity and efficiency to improve operating models and initiate cost-cutting measures.
- See profitability by type of telco service
- Consider pricing alternatives with what-if scenarios
- Use detailed drivers for costing allocations
- Activity-based costs modeling for rate case support
- Dashboards for service margin analysis
CPM Solutions for Telco & Communications Resources
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In this report, FSN dives into what’s plaguing the data vitality of modern finance teams — and we chime in with how CCH Tagetik can be the antidote to finance’s data ills.
2022 Gartner® Magic Quadrant™ for Financial Planning Solutions
We're pleased to share that Wolters Kluwer was recognized as a Leader in the 2022 Gartner® Magic Quadrant™ for Financial Planning Solutions.
Happy Customers
CCH Tagetik's CPM Solutions for Telco & Communications is trusted by leading companies across all industries.
Capital Planning
Understand the Impact of Capital Planning Decisions Today and in the Long Run.
Budgeting Planning & Forecasting
Enter the next evolution in planning with CCH Tagetik Budgeting, Financial Planning, and Forecasting software.
Lease Accounting
(IFRS 16 & ASC 842)
(IFRS 16 & ASC 842)
All lease types. Pre-packaged Lease Accounting Compliance.
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