Accelerate your Digital Finance Function with Financial Consolidation Software

Financial consolidation

Accelerate Month-End Close Cycle

Speeding up month end close procedures and group consolidation is the biggest priority for most CFOs. Excel is the most common tool for consolidation, but research shows 88% of financial statements consolidated in Excel sheets are wrong. By using CCH Tagetik, you can reduce consolidation errors and accelerate your month-end close and reporting cycle times by 70%.

CCH Tagetik Consolidation software is an intuitive and connected solution that collects, consolidates, and reports financial data accurately. It allows:

Mapping all general ledgers into one set of group accounts.

Mapping all general ledgers into one set of group accounts.

One set of governance policies to be applied to all financial data.

One set of governance policies to be applied to all financial data.

Automated currency, shares and investments, minority interest and intercompany accounting.

Automated currency, shares and investments, minority interest and intercompany accounting.

Your teams to work with financial and operational information.

Your teams to work with financial and operational information.

Five Paybacks of Automated Financial Close and Consolidation

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Financial Consolidation

WHY CHOOSE CCH TAGETIK

Financial Close and Consolidation Software

CCH Tagetik is financial consolidation software built by finance teams for finance teams. It uses modern cloud software to facilitate a smooth and stress-free group reporting process.

Understanding that group entities may have different close procedures, accounting standards and reporting requirements brings everything together, empowering finance to close quicker with more accurate reporting.

Different entities in a group have different closing procedures, accounting standards and reporting needs. All these factors make it difficult for finance teams to speed up financial close.

However, CCH Tagetik brings everything together,  empowering finance to close quicker and provide accurate reporting to internal teams and regulators.

See how Consolidation software is stepping up to become a strategic tool for finance.

Thinking about improving your finance systems?

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Read through our leadership blogs on financial planning, consolidation and reporting.

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