CCH Tagetik

4.4 (96)
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Cloud-based & on-premise CPM solution for financial planning

Overall rating

4.4 /5
(96)
Value for Money
4.2/5
Features
4.4/5
Ease of Use
4.1/5
Customer Support
4.4/5

96%
recommended this app
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96 Reviews

Verified Reviewer
Overall rating
  • Industry: Transportation/Trucking/Railroad
  • Company size: 201–500 Employees
  • Used Weekly for 1-5 months
  • Review Source

Overall rating

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

Social media for business

Reviewed on 27/11/2018

CCH Tagetik is new for me, but so far it works well for small groups working to plan an event.

CCH Tagetik is new for me, but so far it works well for small groups working to plan an event.

Pros

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

Cons

The website does freeze and crash on occasion.

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.

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

Overall rating

  • 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.

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

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
Overall rating
  • 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
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  • 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

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  • 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.

Cristina
Overall rating
  • Industry: Transportation/Trucking/Railroad
  • Company size: 51–200 Employees
  • Used Daily for 2+ years
  • Review Source

Overall rating

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

Tagetik review 2019

Reviewed on 09/12/2019

Overall we are happy about Tagetik and we continued buying new modules (IFRS16, CbCR) to help us...

Overall we are happy about Tagetik and we continued buying new modules (IFRS16, CbCR) to help us with the new regulations. We support having the system and make it grow with new items.

Pros

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.

Cons

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.

Chiara
Overall rating
  • Company size: 1,001–5,000 Employees
  • Review Source

Overall rating

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

Smart and effective

Reviewed on 16/07/2016

The reporting with use of Tagetik has become faster and more effective.
You can organize the...

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.

Pros

Tagetik is a simple to use and flexible instrument.
I didn't follow the implementation from the beginning but I've learned quickly the majority of functionalities.
I learned to use Tagetik mostly from my collegues and by using it. It's not a stressing process.
This application permit the users to improve their accounting and analysis skills thanks to its features.
Tagetik is a smart company, creates network among customers and employees.

Cons

The online guide is poor of contents. It could be good for a beginner but it lacks of specific topics. In particular for CDM's section.

Michał
Overall rating
  • Industry: Computer Software
  • 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 10.0 /10

Flexible and powerful CPM

Reviewed on 15/02/2017

Tagetik is a scalable solution which can implement to cover all financial reporting processes but...

Tagetik is a scalable solution which can implement to cover all financial reporting processes but not only. It can be easily used to support operational reporting, what gives real benefit of having both financial and not financial data in one place. Consolidation functionalities as strong advantage of Tagetik.

Pros

- flexibility of setup with IT involvement needed
- integrated product for reporting/forecasting/budgeting/consolidation
- integration with excel
- easy to use
- scalable
- transparent processes and workflows

Cons

- documentation available online could be improved/extended

Andrea
Overall rating
  • Industry: Construction
  • Review Source

Overall rating

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

Whatever you want, it does

Reviewed on 28/08/2015

Pros

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.

Cons

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.

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

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support

Tagetik is not just a software but much more

Reviewed on 12/05/2017

Pros

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

Cons

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

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

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  • Value for Money
  • Ease of Use
  • Customer Support

Tagetik platforms offers great potential for your business, if you learn to use them well

Reviewed on 12/05/2017

Pros

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

Cons

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

Harshit
Overall rating
  • Industry: Management Consulting
  • Company size: 10,000+ Employees
  • Used Weekly for 1-5 months
  • Review Source

Overall rating

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

Tagetik helps ease out operations, a big help!

Reviewed on 09/11/2016

Tagetik is well suited to rapidly evolving businesses due to the ease with which hierarchies can be...

Tagetik is well suited to rapidly evolving businesses due to the ease with which hierarchies can be manipulated. Managers/directors can open a standard form that will pull in only data that he or she has the rights for and then generate meaningful reports. Tagetik has the ability to pick data and match it based on common parameters in order to generate a report in a nice presentable format. Linking matrices is a whole lot easier, just give it some time initially for database creation but that will help in an efficient system later.

Pros

Tagetik allows administrators to create multiple hierarchies to customize numerous reporting requirements.
It is a very flexible software which can be molded as per requirements.

Cons

Without being involved in the implementation process, it is difficult for an individual to speed up on using the system and generating reports.
It will be very beneficial to have a liaison at Tagetik who can guide the businesses in the implementation process to make the users aware of some of the features that the software has but the businesses might not be aware of.
Sometimes, while setting up the accounts, users are required to enter information that is not pertinent to their company but they still have to enter it.

Tim
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  • Review Source

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  • Value for Money
  • Ease of Use
  • Customer Support

Good but always a surprise

Reviewed on 01/12/2016

We use Tagetik for the consolidation / budgeting as well as for the Notes and other reporting...

We use Tagetik for the consolidation / budgeting as well as for the Notes and other reporting purposes (CDM Tool). For the normal purposes, I think it is a good to very good possibility to ease the consolidation purpose. My colleagues from Controlling are also satisfied with the functionalities of the reporting / budgeting tools. Nevertheless, it is not really user-friendly as it needs a lot of fine-tuning in places you might not see in the first sight. We are using it for over a year now and still we find new things that surprise us every day.
I experienced a very strange habit in Tagetik that sometimes things just don`t work but next time you try it (without changing anything in the settings) it suddenly works. That makes it a daily surprise.
Overall I have to admit that I already worked with both better and worse consolidation tools. The advantage of Tagetik, at least for our company, was that it can link to all the different general ledger systems that we use (which are plenty in regard to the size of our group).

Mario
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  • Industry: Logistics & Supply Chain
  • Review Source

Overall rating

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

A beautiful route with Tagetik

Reviewed on 03/11/2015

Pros

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

Cons

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

John
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  • Industry: Civic & Social Organization
  • Review Source

Overall rating

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

Fantastic product, fantastic company

Reviewed on 18/09/2015

Pros

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

Cons

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

Meghan
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  • Industry: Real Estate
  • Review Source

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  • Ease of Use
  • Customer Support
  • Likelihood to recommend 6.0 /10

All around a decent product

Reviewed on 14/10/2015

Pros

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

Cons

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

Alessandro
Overall rating
  • Used Monthly for 2+ years
  • Review Source

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  • Value for Money
  • Ease of Use
  • Customer Support

I use Tagetik for financial reporting and consolidation, budget and demand planning.

Reviewed on 17/05/2017

Pros

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.

Cons

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

Simone
Overall rating
  • Used Monthly for 2+ years
  • Review Source

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  • Value for Money
  • Ease of Use
  • Customer Support

Good product, Tagetik offer different features & functionality and it's easy to maintain

Reviewed on 10/05/2017

Pros

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

Cons

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)

Elisa
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  • Review Source

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  • Value for Money
  • Ease of Use
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My experience with Tagetik CPM for banking budget

Reviewed on 23/03/2017

We were looking for a new software to replace existing in house application and Tagetik is our...

We were looking for a new software to replace existing in house application and Tagetik is our choice. Now we have the chance to drive the planning process more quickly and with the consinstency of a certificate system.