CCH Tagetik Reviews

This is like social media for business. It has many features for communicating and scheduling.

The website does freeze and crash on occasion.

Ease of use and powerful features. Excel integration is good.

Help screens are useful overall but English is poor.

It is a good product and is highly appreciated by users for ease of use and for its excel integration

I think it's about improving SAP integration and reducing licensing costs.
It's a very costly software solution.

I really like the automation feature which saves a lot of time and the user interface is easy to master

I had a very good experience with cch tagetik I will recommend it

flexibility, scalability, reporting (very easy to manage with opportunity for each contributor to create report ad-hoc), unique data base for management data, statutory consolidation, budgeting&forecasting, possibility to have for each project the economic&financial data, possibility to do across differente view using hierarchies

sometimes is not too much flexible and maybe you have to adapte your needs to its structure, i'd like to have more opportunity to have different sensitivities without having different scenarios

6 years of history with our Tagetik journey
Four upgrade almost without any pain.
Easy to maintain and administrator. Super end user friendly - finance people loves it's excel

Easy to get carried away to do too many changes

Tagetik allows the users to customize a series of dimensions and calculation functions, define workflow, track user operations for audit purposes

sometimes the system does not allow you to change the settings easily, so it is better to define the requirements. even system performance can sometimes be optimized

It is blank vanilla product that lets us customize it to fit our needs.
It has lot of built in / out of the box functionality for financial planning and reporting needs.
The implementation is quick and easy with SaaS.

The nicheness of the product means, it's costly and hard to find consultant/developers.
Too much customizing also complexes the data flow and processes.
some performance issues during our implementation. not in production so far.

After the Tagetik implementation was closed and we could launch out first budgeting year with it, we saw a radical change in the way we work, how fast we get the data, how easy the users work with it, how clean and reliable it was. The quarterly closings and consolidations have become so much neater and faster.

The original project was a lot more complex on the revenue generating side, the cash flows, the intercompany declarations, which we had to give up doing directly in Tagetik and instead loading them through Excel modeling done outside the system. Clearly budgeting and forecasting from a flow point of view takes longer because it's not a "update a number, push the button, system is updated" anymore.

Integrated product for consolidation, budgeting and forecasting.
More opportunities to customize it adding other cockpit like HR, ERM and HSE.
Consultants always available to hear your problems and fix your issues. Simple to use with Excel interface.
Possibility to use cloud solution.

During over 7 years of experience with Tagetik I can say I haven't had any kind of issue that we don't fix.
Furthermore Taegtik team is always available for their customers.

Tagetik is an integrated solution for all your needs about performance management, Solvency II reporting, IFRS and much more.

For our company, the main least of Tagetik is the lack of a native integration with the software APM of the same Company.

Specifical and powerful functionalities for the insurance industry (SolvencyII, IFRS, Narrative, ecc.)

Little integration between the 2 Tagetik platforms APM and CPM. It should be remedied in the next future.

I really like the simplicity of use of the software as well as the friendly relationship and professionalism that is formed with the vendor

The thing I like least is the part related to the definition of multiphase processes, but this is one small exception

Software is easy to use with Excel front end. Company is supportive and knowledgeable.

Not much. A few years ago there were some translation issues, but not much now that they have a bigger presence in the US

The ability to warehouse, pull, and update large volumes of data.

The inability to easily create or modify reports plus the trouble successfully running complex reports with more than one analysis build in.

Tagetik Consolidation is a robust financial consolidation solution. Concerning the others areas of my experience, it is a less strong solution but it is possible to customize to address complex requirements.

Not all of the modules are robust, in some cases to much customizations are required during implementation.

All our company with unique chart of account
Simulation of differents budget and scenarios
Financial planning

With our release (4.3.2) is no possible to print the book on PDF
With our release (4.3.2) weve no dashbord
Report flexibility (we're limited by matrix)