Financial Consolidation and Reporting are evolving beyond traditional close processes
The 2026 BPM Partners Consolidation & Reporting Buyers Guide highlights how finance organizations are evaluating technology that goes beyond traditional financial consolidation and reporting. Finance teams increasingly want connected capabilities for financial close, consolidation, reporting, planning, automation, and AI within a unified platform.
According to BPM Partners, more than 80% of buyers want vendors with AI capabilities or a clear AI roadmap. Other important selection criteria include ease of use, scalability, integration, reporting capabilities, automation, and data accuracy.
CCH Tagetik is recognized by BPM Partners as a Core Vendor in the consolidation and reporting market. CCH Tagetik is a Corporate Performance Management (CPM) platform that brings together financial close and consolidation, account reconciliation, transaction matching, reporting, disclosure management, planning, tax, ESG, and AI-powered capabilities on a unified platform.
What are finance leaders looking for in Financial Consolidation and Reporting Software?
According to the 2026 BPM Partners Buyers Guide, organizations evaluating financial consolidation and reporting solutions are prioritizing:
- Faster financial close and reporting through greater automation and streamlined processes.
- Accurate, trusted financial data across consolidation, reporting, and planning.
- Integration with ERP systems and other financial and operational data sources.
- Scalability across entities, currencies, business units, and complex organizational structures.
- Unified planning and consolidation to connect financial planning with actual results and reporting.
- AI capabilities that automate repetitive activities, identify issues, and support finance teams.
- Ease of use and finance-owned configuration to help organizations adapt processes as business requirements change.