CCH Tagetik Analytical Information Hub

In addition to the Financial Workspace, the user is given the ability to model their own data in the AI Hub. With this, the financial is able to step outside the gates of the traditional CCH Tagetik model, gaining access to Big Data operations and a full-fledged Data Driven system.
Because data is stored and processed smarter, performance improvements can be expected in cases of large data sets. It also gives the end user more in-depth analytical capabilities. The AI Hub's screens are part of the already familiar CCH Tagetik screens, giving a financial access to setting up complex calculations and processes without any programming.

The 4 fastest benefits of the AI Hub for users are:

• The expansion of the Actuals process
• Planning & Budgeting on a free canvas
• Management Reports with many dimensions
• Standardize data beyond the Finance department

The Analytical Information Hub

In using the AI Hub, the Finance Department is enabled to bring more detail to the Actuals process. Examples include:

• Reading ledger journals
• Reporting outside the 5 standard dimensions of the financial model
• Faster drill-throughs through smarter data modeling

In addition, the Planning & Budgeting process can step outside the existing dimensionality, for example, to introduce many more drivers into your calculations that create your budget.
Calculate where you need it: with the AI-Hub, the utilization of your financial model can be made more efficient by storing data smarter (partitioning). This gives performance improvements during your consolidation. Because of this partitioning, the AI-Hub offers the possibility of fast complex calculations: the data tables are only used for the purpose of the calculations, which improves performance. Think of Statistical Forecasting, Big Data allocations and Data Driven calculations.
In our opinion, the AI-Hub offers a platform that can eventually replace the strong ETL functionality of CCH Tagetik: Not only does the AI-Hub make it possible to access multiple (non-financial) sources, but it can also be deployed as a kind of data warehouse.

A summary of the Analytical Information Hub

• Easy to model
• Quick to implement
• Several sources zipper together
• Works with large amounts of data
• Seamlessly integrated with your current reporting model
• Get a better grip on your data
• Can also be used standalone