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Financial Close Software
CCH Tagetik reviews and summary
CCH Tagetik, by Wolters Kluwer, is a comprehensive Corporate Performance Management (CPM) software platform designed to be the unified engine for all financial processes and data. It empowers finance-led digital transformation by connecting data, processes, and people within a single trusted source. The platform is engineered to accelerate the financial close, enable more forward-looking planning, and deliver in-depth analytics, thereby helping organizations save time, reduce costs, and mitigate risk while driving strategic innovation. This enterprise-grade platform is for large corporations and sophisticated finance departments that require a holistic, unified system for financial consolidation, planning, reporting, and analytics to own and streamli...
Best for
This enterprise-grade platform is for large corporations and sophisticated finance departments that require a holistic, unified system for financial consolidation, planning, reporting, and analytics to own and streamline their performance management lifecycle.
Starting price
$50,000.00
Category
Financial Close Software
Vendor
Wolters Kluwer
Key takeaways
Our verdict
Our verdict is that CCH Tagetik is a powerful, all-encompassing CPM suite trusted by major enterprises to bring rigor, efficiency, and strategic insight to complex financial operations.
Quick facts
CCH Tagetik at a glance
Overall rating
4.3/5
Reviews
82
Starting price
$50,000.00
Vendor
Wolters Kluwer
Founded
1986
Location
United States
Category
Financial Close Software
Ratings
CCH Tagetik ratings
Ratings in this section summarize available rating data. Software reviews are shown separately when users submit reviews.
Decision notes
CCH Tagetik pros and cons
Potential strengths
- Unified platform covering financial close, consolidation, planning, and analytics, which can reduce the need for multiple point solutions
- Designed for enterprise-scale finance operations with support for complex multi-entity consolidations and reporting requirements
- Backed by Wolters Kluwer, a well-established provider with deep expertise in tax, accounting, and regulatory compliance
Points to verify
- Evaluate how the platform handles your specific chart of accounts structure and intercompany elimination rules during the close process
- Ask about data migration effort and timeline if replacing existing consolidation, planning, or reporting tools
- Confirm the training and support model, especially for finance teams that are new to a unified CPM approach
Buyer fit
Who uses CCH Tagetik?
This enterprise-grade platform is for large corporations and sophisticated finance departments that require a holistic, unified system for financial consolidation, planning, reporting, and analytics to own and streamline their performance management lifecycle.
Feature research
CCH Tagetik features
These are common features buyers compare in Financial Close Software. Product-specific availability should be confirmed with the vendor.
System Audit Logging
Maintain a chronological record of system changes including specific timestamps for accountability.
Financial Budgeting & Forecasts
Project future financial requirements and distribute funds across necessary expense categories.
Cash Flow Management
Monitors and analyzes the movement of cash into and out of a business for financial stability.
Data Dashboard
A centralized visual interface featuring charts and graphs to monitor key statistics and performance metrics.
Financial Close & Consolidation
Consolidates financial data by gathering information from various ledgers and manages the financial closing processes.
Fiscal Reporting
Produces statements to assess financial performance and position, such as income statements and balance sheets.
Centralized General Ledger
The primary accounting record used to centralize and track all organizational financial transactions.
Financial Statements
Financial reporting that details a company's assets, liabilities, and equity to reflect its current fiscal health.
Journal Entry Management
Manages the initiation, documentation, and approval of journal entries across the accounting cycle.
Currency Management
Process transactions and manage accounts across multiple global currencies.
Income Statement
A financial report detailing an organization's revenues, costs, and expenses over a defined period.
External System Integration
Inclusion of essential external datasets, software applications, utilities, or functional features.
Pricing
CCH Tagetik pricing
Starting price
$50,000.00
Visit Website
Pricing model: Per Feature
Pricing can change. Confirm current plans and terms with the vendor.
Compare
CCH Tagetik alternatives
Compare CCH Tagetik with other Financial Close Software tools that buyers often evaluate.
Longview Close by insightsoftware
Longview Close, by insightsoftware, is a financial consolidation solution focused on shortening the consolidation cycle through seamless integration with source systems. It elimina...
Redwood Finance Automation by Redwood Software
Redwood Finance Automation is a comprehensive automation platform designed to orchestrate and streamline end-to-end finance and accounting processes. It provides control over the e...
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FAQ
CCH Tagetik FAQs
It is a corporate performance management platform used for financial consolidation, planning, budgeting, forecasting, reporting, and analytics across large enterprises.
It is designed for large corporations and finance departments with complex financial processes, particularly those with over $300M in annual sales or 500-plus employees.
CCH Tagetik is available as a cloud-based SaaS solution and also supports on-premise Windows and Linux deployments, plus desktop access for Mac and Windows.
Yes, the platform includes currency management capabilities to process transactions and manage accounts across multiple global currencies.
Support includes email help desk, phone support, a knowledgebase, FAQ forum, and 24/7 live representatives. Training is available in-person, live online, through webinars, documentation, and videos.
It replaces manual spreadsheet-based consolidation with automated data collection, centralized financial data, audit trails, and standardized reporting across the organization.
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