Financial Consolidation Solution

CCH® Tagetik: automated solution to manage the complete process of financial consolidation.

Guarantee the reliability, security and traceability of the data. Generate flexible reports that meet all management and mandatory reporting requirements. Ensure process auditing.

Data Confidence: Increase confidence and eliminate inconsistencies in the information. Have a single version of the truth and source of financial data.

Reduce Costs and Efforts: Reduce current costs and efforts used in monthly and quarterly closing and reporting.

Speed Closing: Eliminate “bottlenecks” and delays. Reduce the days of the monthly closing process.

Full Traceability: End-to-end traceability and accountability with detailed audit reports.

Data Confidence: Increase confidence and eliminate inconsistencies in the information. Have a single version of the truth and source of financial data.

Reduce Costs and Efforts: Reduce current costs and efforts used in monthly and quarterly closing and reporting.

Speed Closing: Eliminate “bottlenecks” and delays. Reduce the days of the monthly closing process.

Full Traceability: End-to-end traceability and accountability with detailed audit reports.

Solutions

Solutions

Financial Consolidation

For business groups, the reliability of their companies’ financial information is very important, but many organizations do not have effective technological solutions that automate the Financial Consolidation process and invest a lot of time and resources in insecure manual processes based on spreadsheets. We propose CCH® Tagetik, a unified solution that, among others, provides functionalities such as:

  • Automatic and integrated currency conversion.
  • Automatic interco reconciliation (dynamic).
  • Automation of consolidation adjustments and eliminations.
  • Possibility of consolidating at different levels or subgroups.
  • Possibility of carrying out the consolidation of management thanks to the incorporation of dimensions (product, client, etc.)
  • Definition of flexible reports to respond to internal and external reporting.
  • Possibility of carrying out simulations through different versions.

PMP is a Reseller and Platinum Partner of Wolters Kluwer
CCH® Tagetik

PMP es Platinum Partner de CCH Tagetik

Benefits and Advantages

Financial Consolidation Solution

CCH® Tagetik allows you to fully automate the Consolidation and Financial Closing process, providing flexibility and information security.

Financial departments need tools that allow them to manage these processes in an agile way; reducing the time and cost invested; guaranteeing the reliability, security and traceability of the data; generating flexible reports that meet all mandatory reporting and management requirements; and ensuring audit of the process. ¡Discover CCH® Tagetik!

Full Automation

Automation of consolidation adjustments and eliminations. Consolidation at different levels or subgroups, regardless of the complexity of its structure.

Complete Workflow

Integrated financial intelligence workflow that covers all the entities and business units to be consolidated.

INTERCO Dynamic

CCH Tagetik speeds up and automates INTERCO reconciliation and allows you to track the status of these transactions.

Agile Reporting

With CCH Tagetik you can manage all financial reporting requirements. It provides pre-built logic to generate faster and more accurate reports.

SAP integration

CCH Tagetik integrates with SAP in Self-service mode. Combine the analytical power of SAP HANA with the CPM financial intelligence of CCH Tagetik.

Process Control

From data entry to adjustments, consolidation and reporting, automated financial controls with Audit trails.

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