Wolters Kluwer’s CCH® Tagetik expert solution recognized by Nucleus Research
Wolters Kluwer’s CCH® Tagetik Corporate Performance Management (CPM) solution has been recognized for helping enterprises drive strategy with comprehensive extended planning, financial close, and regulatory reporting.
The financial technology solution has been recognized as Leader for the third consecutive year in the Nucleus Research CPM Technology Value Matrix. The report specifically recognizes the CCH® Tagetik Corporate Performance Management (CPM) solution, which empowers the office of the CFO to drive efficiency and enhance decision-making.
“We are honored that the CCH Tagetik expert solution has been recognized as a market leader by Nucleus Research for the third consecutive year,” said Ralf Gartner, Senior Vice President and General Manager of Corporate Performance Solutions, Wolters Kluwer. “The results of the 2023 CPM Technology Value Matrix reflect our relentless commitment to empowering the office the CFO to drive digital transformation, plan for uncertainty, and ensure regulatory compliance for profitable growth.”
Nucleus Research evaluates CPM vendors each year based on customer feedback, product demonstrations, and conversations with users and vendors regarding usability, functionality and value realized from each product’s capabilities. For 2023, Nucleus Research highlighted recent CCH® Tagetik product innovations including new capabilities in a range of areas.
This includes ESG & Sustainability Performance Management, which helps companies comply with ESG reporting requirements and achieve long-term sustainable growth. It also includes Integrated Business Planning, which connects and aligns strategic, financial, and operational plans across the organization to provide visibility, insights, and drive profitable growth. The analyst firm also recognized Transaction Matching, which automates, analyzes, and reconciles high-volume transactions to accelerate and improve control of the financial close, while optimizing corporate governance.
“With continued investments in areas such as ESG performance management, integrated business planning and transaction matching, the CCH® Tagetik platform is likely to deliver organizations substantial ROI to businesses, globally,” added Isaac Gould, Research Manager, Nucleus Research, in a statement.
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