All CCH Tagetik Reviews

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Sabrina

Verified reviewer

Chemicals, 1,001-5,000 employees

Used daily for more than 2 years

Review Source: GetApp

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed January 2017

Tagetik is easy

We choose tagetik some years ago for consolidation. the year after we started a new project for budgeting then planning... every project was a success

PROS

It's a tip to a better way of working saving time to perform better

CONS

Our consultant from the beginning is the same person, we know each other and we work as we are colleagues

Alessandro

Broadcast Media, 1,001-5,000 employees

Used daily for more than 2 years

Review Source: Capterra

OVERALL RATING:

4

EASE OF USE

4

VALUE FOR MONEY

4

CUSTOMER SUPPORT

5

FUNCTIONALITY

4

Reviewed February 2017

A business partner you can count on. Especially on M&A operations.

We use Tagetik for our statutory and management consolidated reporting processes. The recent stress test on this tool has been given by our latest M&A operations, in which we had to consolidated many companies with lots of intercompany relationships between them and within our Group perimeter. Tagetik let us manage this transition easily and in a short time lapse. With an appropriate configuration of the environment these new incorporations did not require additional resources (in terms of time and people). The absence of information duplicates and the use of an automated data entry platform allowed us to manage the communication with our new contributors in an efficient and effective way. In this process it is worth mentioning the contribution of the Tagetik consulting team that has supported us with prompt interventions on our main technical issues.

PROS

Easy to use and configure for the ongoing routines (a first implementation by a skilled consultant is required and suggested). - Familiar look-and-feel which replicates the tipical MS Excel interactions. - Easy to install on remote terminals (works also on mobile devices) for external contributors. - Data are managed in a consistent way. - Scalable architecture which lets you add new modules and manage large consolidation perimeters. - Possible automation for the most common consolidation routines (intercompany eliminations, consolidation adjustments, etc.). - Tangible returns in terms of time spent on reporting generation and time-to-market.

CONS

Depending on your business, the implementation of this platform could require a consistent effort in terms of architecture and data flow projecting. The assistance of a skilled consultant is largely suggested. This step is crucial in order to take the maximum benefits from this product.

luigi

Used more than 2 years

Review Source: Capterra

OVERALL RATING:

3

EASE OF USE

4

VALUE FOR MONEY

2

CUSTOMER SUPPORT

3

FUNCTIONALITY

3

Reviewed May 2017

Is a good product highly appreciated by users

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.

Alessandro

Marketing and Advertising

Used more than 2 years

OVERALL RATING:

4

EASE OF USE

4

CUSTOMER SUPPORT

5

FUNCTIONALITY

4

Reviewed September 2015

The one-stop solution for your financial reporting needs.

PROS

Tagetik has succeded to develop a Corporate Performance Management system which can fullfill the reporting needs (including legal compliance requests) of a great number of companies. Doesn't matter if you are a small firm or a large company, if you are an industrial company or a service provider. Tagetik offers a scalable solution which can easily implemented on your existing transactional applications, creating a consistent set of data which can be used for different proposals such as the draft of the financial statements, or a reporting package for internal use, or even a CSR report. Moreover the integration with the MS Office suite application (such as Word, Excel and Powerpoint) establish a familiar interface, thus empowering the day-by-day activity of data entry, report creation and data analysis. Last but not least, one of the key factors that make Tagetik your choice for your financial reporting activities resides in its consultants, who are focused on delivering a solution which fits perfectly to your requests. When you buy Tagetik you don't only buy a software. You buy a valuable service for your business.

CONS

Like any business software, Tagetik needs to be updated in order to increase its performance and to meet the hardware and software standards always evolving. If you are looking for a "one-shot investment" which could solve all your problems for the next 10 years look elsewhere. Even if it means that you are still running Office 97 on a Windows XP machine. And even if I'm not sure you are going to find what you are looking for.

Anonymous

2-10 employees

Used daily for less than 2 years

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

5

EASE OF USE

4

CUSTOMER SUPPORT

4

FUNCTIONALITY

4

Reviewed December 2022

very useful software

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

Buta

Construction

Used daily for more than 2 years

Review Source: Capterra

OVERALL RATING:

4

EASE OF USE

3

VALUE FOR MONEY

4

CUSTOMER SUPPORT

4

FUNCTIONALITY

5

Reviewed July 2016

Tagetik is maybe a little too good.

Tagetik is a wonderfully flexible product which we use for contract forecasting, year end statutory accounts and monthly management accounts production.

PROS

It's very flexible, the software can cater for almost any process quirk you can throw at it. The interfacing process between other software solutions is pretty seamless and the data structure is relatively simple to understand.

CONS

Because the software can cater for so many different solutions it has an awful lot of inbuilt complexity and it's very tricky to navigate the program at times (especially for administrators) and the report building process is very complex.

Andrea

Used daily for more than 2 years

Review Source: Capterra

OVERALL RATING:

4

EASE OF USE

4

VALUE FOR MONEY

4

CUSTOMER SUPPORT

5

FUNCTIONALITY

4

Reviewed May 2017

Our experience started in 2006 and in September 2007 we have had the first go-live.

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

Anonymous

10,000+ employees

Used daily for more than 2 years

Review Source: GetApp

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

4

Reviewed May 2017

Tagetik

PROS

The software is very easy to use and really helpful with our internal processes of Budgeting Planning Closing and Managerial Consolidation

CONS

The software is less good when you need some function that is not a default set. In this case it is more difficult to achieve your expected results. In reality this occurs a few time.

Anonymous

501-1,000 employees

Used daily for more than 2 years

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

4

EASE OF USE

4

VALUE FOR MONEY

4

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed June 2020

Robust Software with a little room for improvement

As a pioneer in adoption Tagetik in NA, we have been satisfied. There is some room for improvement though, and we are very vocal about it.

PROS

Cloud based software that has a minimal downtime

CONS

Structure is not user super friendly. Lot of things are coded in Italian which makes it a bit challenging.

Anonymous

Used daily for less than 12 months

Review Source: GetApp

OVERALL RATING:

5

EASE OF USE

4

VALUE FOR MONEY

4

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed June 2017

Flexible and Comprehensive CPM Solution

PROS

The software platform provides everything we were looking for in a solution and more. Service and support has been outstanding and we now have a solution that is more efficient and provides better data sooner.

CONS

I wish some of the documentation were more comprehensive. tge pricing structure is a bit odd and complicated. I'd like to see it streamlined.

Giosue

Utilities, 10,000+ employees

Used daily for more than 2 years

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed May 2017

Tagetik a powerful tool for your CPM Processes

PROS

The software is very easy to use and really helpful with our internal processes of Budgeting Planning Closing and Managerial Consolidation.

CONS

The software is less good when you need some function that is not a default set. In this case, it is more difficult to achieve your expected results. This occurs just a few times.

Luca

Used daily for more than 2 years

Review Source: Capterra

OVERALL RATING:

4

EASE OF USE

4

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

4

Reviewed May 2017

Tagetik is not just a software but much more

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.

Dario

Transportation/Trucking/Railroad, 1,001-5,000 employees

Used daily for more than 2 years

Review Source: Capterra

OVERALL RATING:

4

EASE OF USE

4

VALUE FOR MONEY

4

CUSTOMER SUPPORT

4

FUNCTIONALITY

5

Reviewed March 2017

Tagetik, my reporting tool

The software offers a wide range of analytical tools, and is very straightforward for reporting purposes. It is very useful for reconciliations and tidying up the accounts.

PROS

Flexibility, quick, reliable and user-friendly

CONS

implementation and set-up costs are substantial

Stefano

Banking, 1,001-5,000 employees

Used daily for less than 2 years

OVERALL RATING:

4

EASE OF USE

3

VALUE FOR MONEY

4

CUSTOMER SUPPORT

4

FUNCTIONALITY

4

Reviewed March 2017

Tagetik CPM - my experience with budgeting and accounting reconciliation

We have worked to build an application to be able to do: - strategic planning - definition of commercial budget - gathering information workflow - reconciliation of data management and Accounting Tagetik give us the opportunity to combine all these requirements

PROS

Large amount of native or custom function available

CONS

not so easy to use for beginners, It requires a lot of practical application to get all the benefits

Bob

Media Production

Used more than 2 years

OVERALL RATING:

5

EASE OF USE

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed March 2015

Does exactly what it says on the tin

PROS

Awesome product, supplier easy to work with (a big bonus). Probably the best joint decision Finance and Technology have ever made regarding choice of core systems. Simple to use. Highly intuitive and puts control firmly into the Office of Finance removing the reliance on technology to deliver reports. Saved a huge amount of time on our month end processes.

CONS

Deep dive into the database and the fieldnames are in Italian, but then the company is based in Lucca, so this is to be expected.

Bjorn

Electrical/Electronic Manufacturing

Used more than 2 years

OVERALL RATING:

5

EASE OF USE

5

FUNCTIONALITY

5

Reviewed March 2015

Unified Corporat Management Solution

PROS

Keeps track of the latest CPM functionalities and embed them in the system. Great workflow, BI real-time, Integration to third part tools, scalable, easy to use and understand for end users. Transparent processes and functionalities for the user to administrate and maintain the system.

CONS

Too easy to expand the use of! More than 6 financial and non-financial processes are now transformed in to Tagetik applications.

Anonymous

1,001-5,000 employees

Used monthly for more than 2 years

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed June 2023

Tagetik features for closing

Tagetik has deeply changed closing process, from a system that enables all the company of the group contribute to reporting to a fast and reliable solution full integrated bot with ERP system and disclosure documents.

PROS

Fast integration with SAP 4 Hana, easy to use and implement, flexible and scalable solution.

CONS

Not easy use of ad hoc analysis to build flexible reports only for specific and not repeatable purposes

GIAN PAOLO

Used more than 2 years

Review Source: Capterra

OVERALL RATING:

4

EASE OF USE

4

VALUE FOR MONEY

3

CUSTOMER SUPPORT

3

FUNCTIONALITY

4

Reviewed May 2017

Good experience about IT solution

PROS

The possibility to have all the data available for consolidation and Vigilance Reports on a unique environment . Direct assistance person to person.

CONS

Continuos increase of consolidation duration time and not satisfactory assistance with support Jira

Patrick

Banking

Used less than 12 months

OVERALL RATING:

4

EASE OF USE

4

CUSTOMER SUPPORT

4

FUNCTIONALITY

4

Reviewed June 2015

Feature Rich and Highly Flexible...

PROS

They seem hungry and willing to please their customers. Having been to 2 of their North American User conferences, you are not treated like a number or income stream like one of the big shops. Also, their product isn't lacking any features compared to other vendors (I should know, I checked out about 20 of them).

CONS

The time differences between the US (Eastcoast) and Italy (where most of the staff are located) create some issues - but not much. I was surprised how late their staff would stay to work with us during the implementation.

CESARE

Used free trial

Review Source: Capterra

OVERALL RATING:

4

EASE OF USE

3

VALUE FOR MONEY

5

CUSTOMER SUPPORT

4

FUNCTIONALITY

4

Reviewed February 2017

TAGETIK: a flexible, modular, scalable and integrated Platform,

Tagetik for us is, Tagetik APM (our DWH) and Tagetik CPM Tagetik can help you in order to manage all kind of data (business and risk, analytic and synthetic). No need for several instruments and skills. it is one platform for multiple reporting, with collaborative reporting system and integrated with DWH data. With tagetik I got a lot of benefits: Massive quantity of data automatically collected New processes designed Automatic Data Quality controls defined and implemented Complete auditability for processes and data modifications (i.e. Expert Judgment) Tagetik 5.0 potentially enhancing with important modules to cover other business needs (planning, budgeting). Integrable with Business Intelligence analysis tools. Low IT effort required.

Kanul

Management Consulting, 1,001-5,000 employees

Used monthly for less than 6 months

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

4

FUNCTIONALITY

5

Reviewed November 2016

Targetik is a must have in today's business environment

Targetik is a simple solution to complex problems we face. Processes such as financial planning, budgeting, reporting and consolidation can be handled in a very efficient manner, thanks to the customized features which can be added as per needs of the business with the help of Targetik consultants. It helps in the decentralization of data and maintenance at a global level. The data can be entered in MS Suite type interface which makes it easy to use and implement while handling complex procedures.

PROS

The data is stored in a solid a consistent DB structure which contains all the details required for conducting an audit. A work-flow utility is used to control the consolidation process which indicates the status of data for any particular user which makes it easy to track data as well as enforce security. It is flexible and handles large data sets and also generates data reports at a fast pace.

CONS

The user manual can be improved to include a detail description of topics which will improve functionality. Some of the functions and error messages are displayed in Italian which can be corrected.

Anonymous

51-200 employees

Used weekly for less than 12 months

Review Source: Capterra
This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.

OVERALL RATING:

3

EASE OF USE

4

FUNCTIONALITY

4

Reviewed November 2020

Excellent for budgeting and planning

PROS

Really great for budgeting and planning work and for generating financial reports for all areas of our business.

CONS

There's quite a lot to get your head around when first using it. A bit of a learning curve!

Simone

Used monthly for more than 2 years

Review Source: Capterra

OVERALL RATING:

4

EASE OF USE

3

VALUE FOR MONEY

4

CUSTOMER SUPPORT

5

FUNCTIONALITY

4

Reviewed May 2017

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

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)

Stefano

Used free trial

Review Source: Capterra

OVERALL RATING:

4

EASE OF USE

4

VALUE FOR MONEY

5

CUSTOMER SUPPORT

4

FUNCTIONALITY

4

Reviewed March 2017

An unexpected positive surprise!

We had to implement a new platform for the collection and validation of the Solvency II technical provisions. Despite the relatively new topic and the very limited timeframe at our disposal (less than 6 months), thanks to the Tagetik team support and the overall flexibilty of the product, the goal has been successfully reached in due time. Actually the new platform is used by more than 65 companies of the Group and the overall user's satisfaction is on average 4 out of 5.

Simone

Used free trial

Review Source: Capterra

OVERALL RATING:

4

EASE OF USE

4

VALUE FOR MONEY

4

CUSTOMER SUPPORT

5

FUNCTIONALITY

4

Reviewed March 2017

Planning and management control system with Tagetik

The experience of using Tagetik was great. With Tagetik we created a planning and management control system. Thanks to Tagetik we now plan better and faster; with respect to the actual data instead we now have a more transparent link between the accounting data and management data as well as the ability to have a multidimensional view of data.

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