17 years helping Canadian businesses
choose better software
CCH Tagetik
What Is CCH Tagetik?
Drive Innovation with CCH Tagetik
Enable digital transformation and drive strategy with all your financial processes and data in a unified platform owned by Finance
Companies trust CCH Tagetik Corporate Performance Management software to save time, lower costs and reduce risk.
Get a faster close, more forward looking-planning and in-depth analytics by connecting data, processes and people with a single trusted source.
Who Uses CCH Tagetik?
Accounting and budgeting solution that helps businesses across all vertical markets and with over $300M in annual sales or 500+ employees streamline operations.
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CCH Tagetik
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Reviews of CCH Tagetik
Great consolidation software with outstanding support team
Pros:
Reliability, ease of use, great support team
Cons:
The excel add-on is a bit slow sometimes
Alternatives Considered:
CCH Tagetik allows us to become the "best in class" finance department, supporting citizenM's growth
Comments: citizenM is a rapidly growing hotel company. As a finance department we need to facilitate and support this growth, a.o. by using agile, efficient, scalable, SaaS software. Our goal is to become the "best in class" finance department. We use CCH Tagetik for budgeting, reporting and consolidation already for a couple of years and it fits into the picture perfectly. And to speed up our (monthly / quarterly) close we recently implemented the transaction matching and account reconciliation modules.
Pros:
citizenM is a fast growing, global hotel company. We deal with different currencies, GAAP standards, ownership percentages, mergers, et cetera. CCH Tagetik eases this complexity when it comes to budgeting, consolidation and reporting.
Cons:
The solution could be customized according to the customers wishes, it offers lots of possibilities. This requires detailed knowledge of the system internally (or external consultants) when the configuration requires adjustments.We experienced some challenges during the implementation of the transaction matching module related to the connectivity (API vs. FTP). The support from Tagetik on this has been excellent.
Very good flexible software.
Pros:
It's very flexible and is easy to integrate with other software programs and the interfacing process is seamless.
Cons:
It's overly complex at times, some parts of the software are difficult to understand and administer because it can do so much.
Alternatives Considered:
The one and only CPM tool
Pros:
Easy of use for final users, ease of maintenace for CFO office
Cons:
Difficult navigation/retrieval of information within knowledge base
Alternatives Considered:
Why Tagetik can elevate your business
Comments: Excellent experience with a great implementation partner.
Pros:
The fact that the administration and the developement can both be done by the business enhances the understanding of the power users a lot.
Cons:
The performance of big processes (e.g. mid-term planning) can be on the slower side.
