"Collaboration between departments is much more efficient with CCH Tagetik."
"CCH Tagetik has helped us develop a rhythm in our business cycle. It has supported our need to gain more insight and information from our data, and we’re using it to make decisions that positively impact our strategic goals."
“Due to the new and growing requirements in regulatory reporting, we saw an urgent need to implement a new consolidation tool. We selected Tagetik because we felt that it could fulfill our needs better than the other products on the market. Although we still have a long road ahead of us with as far as pooling our knowledge and optimizing the way we collect and gather data are concerned, we already consider Tagetik a top investment. The software’s flexible configurations and customizations support our unique reporting needs and help us consolidate data from 110 companies across four different sites as well as ensure compliance with the strict specifications of Banco de Portugal, the Portuguese Central Bank. This versatility combined with the ease of creating reports is a huge asset which we can also leverage in management analysis, analytical accounting, budgeting and other financial processes. Last but not least, the consultants did an outstanding job in implementing the project.”
"This was our opportunity to do things better. We didn’t want to just rebuild what we had before. We wanted the ability to assess and present a situation in a meaningful way, rather than just presenting a bunch of numbers."
"We wanted to have a solution that was closer to finance users so that we weren’t so reliant on IT for making things happen. Through our reference calls with Tagetik, we had a good feeling that we would be able to accomplish that."
"Tagetik allows us to be financedriven. It’s visually understandable and easy to follow. Anyone who knows Word and Excel can use it.We decided that we really needed to address the bigger issues of improving efficiency and reducing risk by automating our entire financial reporting processes. One of our top specifications was the ability for the finance team to manage the software and not have to involve IT in report changes."
"It’s like night and day. We used to work a lot of late nights and weekends. Now, thereporting time for every quarterly cycle seems to get shorter and shorter."
”When you set up a process to go and extract data from your ERP and put it into another system, there must be strong checks and balances along the way to make sure that data stays intact. We think Tagetik simply has the strongest product in terms of ensuring accuracy.”
"I call it sophisticated simplicity. Tagetik’s tool is very powerful. We don’t see any limitations - anything we want to do can be done within Tagetik. Once Tagetik was installed, we’ve needed very little ongoing IT support to do our jobs. And we don’t need a developer when business changes occur – we can modify models on our own."
"We have seen demonstrations from IBM/Cognos, Oracle/Hyperion and Infor but Tagetik went straight to the point and focused exactly on our needs. We achieved a 0 to 5% difference between actual and budget figures and a 30% time reduction in our budgeting and forecasting processes. Everybody at Banco Toyota do Brasil is really impressed with the performance of Tagetik’s calculation engine. We are very proud to be the first Tagetik customer in Brazil and so happy with this software."
"Tagetik has provided Hunterdon Medical Center with a unified solution that is able to meet our budgeting and cost accounting needs in a timely fashion. From the beginning, Tagetik was a company that Hunterdon Medical Center felt we wanted to do business with because Tagetik cared about the success of our business."
”Tagetik truly delivers a single source of truth on a single platform for all of our key financial data. It’s been a long-term goal to get there in Finance and it’s actually happening.”
”Tagetik helped us to bring our budgeting and forecasting processes into a single, centralized, enterprise-wide system that operates in near real-time and allows for greater visibility into our planning process.”
"By far, this was one of the most complex and ambitious projects ever tackled by BBNC. An unexpected benefit of the project was that it brought together people across all lines of business -- many of whom had never met or talked before -- as the team worked together to discuss how to streamline processes."
"Instrument-level planning and budgeting gives our business users the opportunity to see much more detail. For instance, we can now see exact loan amounts and all details of each loan account. The additional levels of information bring new perspectives and greater confidence to planning."