CCH Tagetik

4.4 (97)
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Cloud-based & on-premise CPM solution for financial planning

Overall rating

4.4 /5
(97)
Value for Money
4.2/5
Features
4.4/5
Ease of Use
4.0/5
Customer Support
4.4/5

96%
recommended this app
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97 Reviews for UK Users

Verified Reviewer
Overall rating
  • Industry: Internet
  • Company size: 2–10 Employees
  • Used Daily for 1+ year
  • Review Source

Overall rating

  • Ease of Use
  • Customer Support
  • Likelihood to recommend 9.0 /10

very useful software

Reviewed on 29/12/2022

you can enjoy it! this tool is the best, I highly recommend it.

you can enjoy it! this tool is the best, I highly recommend it.

Pros

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

Cons

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

Andreas
Overall rating
  • Industry: Medical Devices
  • Company size: 1,001–5,000 Employees
  • Used Weekly for 1+ year
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 8.0 /10

Easy to use tool with endless possibilities

Reviewed on 04/05/2023

We are preparing the group financial statements. We saved some time for the local entities as they...

We are preparing the group financial statements. We saved some time for the local entities as they can upload data directly from the ERP. The consolidation and reconciliation process is much smoother on the group level.

Pros

Very intuitive to use and has a modern interface

Cons

Changing something could become complicated as the tool is rather complex on the back end.

luigi
Overall rating
  • Used for 2+ years
  • Review Source

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  • Value for Money
  • Ease of Use
  • Customer Support

Is a good product highly appreciated by users

Reviewed on 17/05/2017

Pros

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

Cons

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

Matteo
Overall rating
  • Industry: Financial Services
  • Company size: 10,000+ Employees
  • Used Daily for 2+ years
  • Review Source

Overall rating

  • Ease of Use
  • Likelihood to recommend 7.0 /10

Very useful and very hard

Reviewed on 24/03/2023

Pros

The fact that it's very useful to manage your budget expecially in the money transfer from a user to another, even when you transfer more than 1000K€

Cons

The fact that you need a special consultant to learn how to use it: an operating manual would be too long

Andrea
Andrea
Overall rating
  • Used Daily for 2+ years
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support

Our experience started in 2006 and in September 2007 we have had the first go-live.

Reviewed on 19/05/2017

Pros

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

Cons

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

Bjørn Born Sylvest
Bjørn Born Sylvest
Overall rating
  • Industry: Chemicals
  • Used Daily for 2+ years
  • Review Source

Overall rating

  • Ease of Use
  • Likelihood to recommend 10.0 /10

Tagetik CPM

Reviewed on 21/03/2017

6 years of history with our Tagetik journey
Four upgrade almost without any pain.
Easy to...

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

Pros

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

Cons

Easy to get carried away to do too many changes

Chiara
Chiara
Overall rating
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support

Smart Tool

Reviewed on 10/02/2017

Tagetik is being used by the Administrative department. It addresses the Group consolidation...

Tagetik is being used by the Administrative department. It addresses the Group consolidation process and the data transfer to the management control reporting.
The reporting with use of Tagetik has become faster and more effective. You can organize the report fitting the users needs. The consolidation process works well. A good thing is that the consolidator can follow step by step the data entry process of the subsidiaries.

Verified Reviewer
Overall rating
  • Industry: Banking
  • Company size: 1,001–5,000 Employees
  • Used Weekly for 1+ year
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 8.0 /10

Tagetik CPM solution for strategic planning

Reviewed on 08/05/2018

Pros

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

Cons

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

Buta
Buta
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  • Review Source

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  • Ease of Use
  • Customer Support

It provides a solution for any process

Reviewed on 13/04/2016

We use the software for year end financial reporting, monthly management reporting and monthly...

We use the software for year end financial reporting, monthly management reporting and monthly project forecasting. Each of these processes is very different from the other and it's amazing the way we can refine the design of Tagetik to contend with the many process irregularities we have within our organization.

Andrea
Andrea
Overall rating
  • Review Source

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  • Ease of Use
  • Customer Support

First of all wonderful and high-skylled people than a very good product

Reviewed on 27/08/2015

Experience with statutory consolidated balance sheet according to IAS-IFRIC Gaap.
Economic and...

Experience with statutory consolidated balance sheet according to IAS-IFRIC Gaap.
Economic and financial budgeting and forecasting.
HSE, ERM and HR cockpit.

Viral
Overall rating
  • Industry: Food & Beverages
  • Company size: 1,001–5,000 Employees
  • Used Weekly for 2+ years
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 7.0 /10

Great product, highly customizable to your needs

Reviewed on 12/08/2021

Overall good product, expensive, good customer support and account managers.
user friendly,...

Overall good product, expensive, good customer support and account managers.
user friendly, customizable, easy to onboard new users.

Pros

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.

Cons

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.

Adam
Overall rating
  • Industry: Financial Services
  • Company size: 201–500 Employees
  • Used Daily for 2+ years
  • Review Source

Overall rating

  • Ease of Use
  • Customer Support
  • Likelihood to recommend 9.0 /10

Web based group reporting

Reviewed on 05/01/2023

Great report writing features, dependable, fast and good support.

Great report writing features, dependable, fast and good support.

Pros

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

Cons

Help screens are useful overall but English is poor.

Brooke
Overall rating
  • Industry: Primary/Secondary Education
  • Company size: 1,001–5,000 Employees
  • Used Daily for 2+ years
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 9.0 /10

Great Customer Service/Accuracy with Consolidation

Reviewed on 13/06/2017

Treat their customers right.

Treat their customers right.

Pros

CCH Tagetik has amazing customer services. They are always willing to help whenever we have a question. We also switch to CCH Tagetik consolidation tool and this has eliminate a lot of human error and has strengthen our financials on accuracy.

Cons

The speed to retrieve data could be faster. Now, this could be our company needing to upgrade servers.

Angelo
Overall rating
  • Industry: Banking
  • Company size: 10,000+ Employees
  • Used Daily for 2+ years
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 8.0 /10

Smart and easy to use

Reviewed on 17/05/2017

Tagetik help me and my company to manage different distributed processes, like closing, budgeting,...

Tagetik help me and my company to manage different distributed processes, like closing, budgeting, forecasting and KPI.

Pros

I like the way I can make autonomously report using excel interface, that is in my opinion very simple and user friendly. Also the process cockpit is very helpful to manage processes.

Cons

I don't like the sql query tool included in the excel reporting interface. I prefer traditional sql server tool.

Bob
Overall rating
  • Industry: Media Production
  • Review Source

Overall rating

  • Ease of Use
  • Customer Support
  • Likelihood to recommend 10.0 /10

Does exactly what it says on the tin

Reviewed on 26/03/2015

Pros

Awesome product, supplier easy to work with (a big bonus). Probably the best joint decision Finance and Technology have ever made regarding choice of core systems. Simple to use. Highly intuitive and puts control firmly into the Office of Finance removing the reliance on technology to deliver reports. Saved a huge amount of time on our month end processes.

Cons

Deep dive into the database and the fieldnames are in Italian, but then the company is based in Lucca, so this is to be expected.

Simone
Overall rating
  • Industry: Telecommunications
  • Company size: 10,000+ Employees
  • Used Daily for 2+ years
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 9.0 /10

a reliable software for your daily business

Reviewed on 16/05/2017

Pros

About this software I like its complete integration for the consolidation areas from the automate eliminations to multiple reporting standards

Cons

Reporting tools can be improved through interactive tools based on existing elements of the relational model.

Roberto
Overall rating
  • Used Daily for 2+ years
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support

The purpose of the project was challenging but the results were met

Reviewed on 08/05/2017

Pros

The software can provide a great flexibility for all the company's needs and covers all our business processes

Cons

During the implementation too many complex customizations were implemented and few technical manuals were given.

Stefano
Overall rating
  • Industry: Banking
  • Company size: 1,001–5,000 Employees
  • Used Daily for 1+ year
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 8.0 /10

Tagetik CPM - my experience with budgeting and accounting reconciliation

Reviewed on 24/03/2017

We have worked to build an application to be able to do:
- strategic planning
- definition of...

We have worked to build an application to be able to do:
- strategic planning
- definition of commercial budget
- gathering information workflow
- reconciliation of data management and Accounting

Tagetik give us the opportunity to combine all these requirements

Pros

Large amount of native or custom function available

Cons

not so easy to use for beginners, It requires a lot of practical application to get all the benefits

Mattia
Overall rating
  • Review Source

Overall rating

  • Ease of Use
  • Likelihood to recommend 10.0 /10

Simple, complete, powerful!

Reviewed on 15/01/2016

Pros

I have followed step by step the implementation of Tagetik in our headquarter and I find it very simple and powerful.
It guides simple users during the consolidation process and it is very powerful for power-users. You can use it with a lot of level of options.
Tagetik is a fresh company: care of the customers and focused on the future!

Cons

As I know the software from the installation I don't have any bad note, but I find the internal (from the software) help documentations poor for some functionality.

Susan
Overall rating
  • Industry: Management Consulting
  • Review Source

Overall rating

  • Ease of Use
  • Customer Support
  • Likelihood to recommend 10.0 /10

Tagetik as part of your team

Reviewed on 26/04/2016

Pros

Overall flexibility of the product. It's powers seem endless and their desire to be a long term business partner.

Cons

I cannot think of a negative thing to say. I guess if I had to say something. I feel like they could check in with us to learn more about our needs to give us insight into how Tagetik could be solutions for those business problems. I often feel that I truly don't know it's full possible capabilities because there are so many.

Patrick
Overall rating
  • Industry: Banking
  • Review Source

Overall rating

  • Ease of Use
  • Customer Support
  • Likelihood to recommend 8.0 /10

Feature Rich and Highly Flexible...

Reviewed on 16/06/2015

Pros

They seem hungry and willing to please their customers. Having been to 2 of their North American User conferences, you are not treated like a number or income stream like one of the big shops. Also, their product isn't lacking any features compared to other vendors (I should know, I checked out about 20 of them).

Cons

The time differences between the US (Eastcoast) and Italy (where most of the staff are located) create some issues - but not much. I was surprised how late their staff would stay to work with us during the implementation.

CESARE
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  • Review Source

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  • Value for Money
  • Ease of Use
  • Customer Support

TAGETIK: a flexible, modular, scalable and integrated Platform,

Reviewed on 25/02/2017

Tagetik for us is, Tagetik APM (our DWH) and Tagetik CPM
Tagetik can help you in order to manage...

Tagetik for us is, Tagetik APM (our DWH) and Tagetik CPM
Tagetik can help you in order to manage all kind of data (business and risk, analytic and synthetic). No need for several instruments and skills. it is one platform for multiple reporting, with collaborative reporting system and integrated with DWH data.
With tagetik I got a lot of benefits:
Massive quantity of data automatically collected
New processes designed
Automatic Data Quality controls defined and implemented
Complete auditability for processes and data modifications (i.e. Expert Judgment)
Tagetik 5.0 potentially enhancing with important modules to cover other business needs (planning, budgeting). Integrable with Business Intelligence analysis tools. Low IT effort required.

Kanul
Overall rating
  • Industry: Management Consulting
  • Company size: 1,001–5,000 Employees
  • Used Monthly for 1-5 months
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 9.0 /10

Targetik is a must have in today's business environment

Reviewed on 09/11/2016

Targetik is a simple solution to complex problems we face. Processes such as financial planning,...

Targetik is a simple solution to complex problems we face. Processes such as financial planning, budgeting, reporting and consolidation can be handled in a very efficient manner, thanks to the customized features which can be added as per needs of the business with the help of Targetik consultants. It helps in the decentralization of data and maintenance at a global level. The data can be entered in MS Suite type interface which makes it easy to use and implement while handling complex procedures.

Pros

The data is stored in a solid a consistent DB structure which contains all the details required for conducting an audit.
A work-flow utility is used to control the consolidation process which indicates the status of data for any particular user which makes it easy to track data as well as enforce security.
It is flexible and handles large data sets and also generates data reports at a fast pace.

Cons

The user manual can be improved to include a detail description of topics which will improve functionality.
Some of the functions and error messages are displayed in Italian which can be corrected.

Ignazio
Overall rating
  • Used Weekly for 6-12 months
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support

I've been learning for a year

Reviewed on 17/05/2017

Pros

The simplification of databases, the stratification of data, the possibility of not having to copy the same data many times

Cons

Sometimes it is unclear, improved reporting tools, data model is complex and of no immediate comprehension

Stefano
Overall rating
  • Review Source

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  • Value for Money
  • Ease of Use
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An unexpected positive surprise!

Reviewed on 30/03/2017

We had to implement a new platform for the collection and validation of the Solvency II technical...

We had to implement a new platform for the collection and validation of the Solvency II technical provisions. Despite the relatively new topic and the very limited timeframe at our disposal (less than 6 months), thanks to the Tagetik team support and the overall flexibilty of the product, the goal has been successfully reached in due time. Actually the new platform is used by more than 65 companies of the Group and the overall user's satisfaction is on average 4 out of 5.