Management & Financial Reporting with CCH Tagetik

Ease of Excel, consistency of a database

With CCH Tagetik, you can easily create reports that can be accessed both on the Web and in Excel. Both a snapshot and the most up-to-date data can be retrieved directly from the database. What we notice as an advantage is that users quickly become accustomed to the CCH Tagetik reporting environment in Excel, without the inconsistency and error proneness that traditional Excel reports bring.‍

Construction and management by end users

A major advantage is that the construction of reports does not have to be done by IT, but financials can learn to do this themselves. Our implementation technique therefore also focuses on training end users: This makes the finance department a strategic sparring partner of senior management.

We see different reporting needs from clients, from management accounting to financial accounting. Think of reporting needs such as IFRS, Solvency II, but also Local GAAP; CCH Tagetik has the ability to isolate entries that allow multiple accounting standards to be reported in the same application.

Newer versions of CCH Tagetik have even more useful functionalities; since version 5, stakeholders in the organization can subscribe to a periodic report presented through push notifications cross-device.

The benefits of reporting with CCH Tagetik

• Produce all reports from a single source
• Update all reports dynamically
• Built-in audits and controls
• Full consistency and exclusion of errors
• Elimination of time-consuming activities such as audits and data vetting
• Collaborate with multiple users

CCH Tagetik reporting in Power BI

Increasingly, we see the request to report CCH Tagetik data in Power BI. This is because it allows you to share the data collected in CCH Tagetik more broadly within your organization. This increases the finance department's impact within a company.

We ourselves created a connector that can send data to a dashboarding solution using ETL and AIH technology.

In addition, we have partnered with cpmVision, who have developed a very advanced Power BI connector. Check out their website for more information!

https://www.cpmvision.com/