CCH Tagetik

CCH Tagetik brings ERP, operational and financial data together for group close and consolidation. The workflow handles intercompany eliminations, ownership changes and currency conversion, with minority interests and equity adjustments for complex group structures. Task status and data validation show progress before the figures reach reporting.

Review the group from different angles

Multiple consolidation hierarchies let the team work with more than one view of the organization. Currency conversion and adjustments remain connected to the underlying records, while drill-down helps explain a reported figure. Financial reporting and disclosure tools then use the consolidated data.

Wolters Kluwer also describes AI-assisted anomaly detection within the platform. Treat flagged items as prompts for investigation; the feature is not a guarantee that every accounting issue will be found.

Cloud and on-premises choices

The cloud and on-premises versions use the same platform, but the operating responsibilities differ. Cloud service includes provisioning, upgrades, backups and restoration work. An on-premises installation leaves more administration and customization with the organization and its implementation partner.

Annual maintenance includes standard support. Extended coverage or enhanced response arrangements cost extra, and the support portal is for registered users. These service choices are part of deployment planning rather than a separate consolidation feature.

Request a demonstration using the group's actual ownership changes, currencies and reporting structures, then obtain a quote for the required modules and deployment. Wolters Kluwer also offers negotiated private offers through AWS Marketplace; that route does not establish one public price for every implementation.