CCH Tagetik Reviews

Pros

Quick integration with SAP 4 Hana, simple to use and implement, adaptable and scalable solution.

Cons

Conducting ad hoc analysis to create flexible reports is not simple and is only suitable for specific, non-repetitive purposes.

Pros

Simple for end-users, easy maintenance for the CFO office.

Cons

Navigating and retrieving information within the knowledge base is challenging.

Pros

Very easy to navigate with a modern interface.

Cons

Making changes can be complicated due to the tool's complex backend.

Pros

Extremely useful for budget management, especially for large money transfers between users, even over 1,000,000.

Cons

Learning to use it requires a special consultant, as an operating manual would be excessively lengthy.

Pros

Simple to operate with robust features, and excellent Excel integration.

Cons

The help screens are generally useful, but the English is subpar.

Pros

I like the automation feature that saves a lot of time, and the interface is easy to master.

Cons

I had an excellent experience with CCH Tagetik and highly recommend it.

Pros

As a rapidly expanding global hotel company, citizenM deals with various currencies, GAAP standards, ownership percentages, mergers, etc. CCH Tagetik simplifies budgeting, consolidation, and reporting complexities.

Cons

The solution can be tailored to customer preferences, offering many possibilities. This requires detailed system knowledge or external consultants for configuration adjustments. We faced challenges with the transaction matching module's connectivity (API vs. FTP), but Tagetik's support was excellent.

Pros

Tagetik is built on a reliable system, ensuring accurate information.

Cons

The training process is quite difficult to manage.

Pros

Having both administration and development handled by the business greatly enhances power users' understanding.

Cons

Performance for large processes, like mid-term planning, can be somewhat slow.

Pros

Reliable, easy to use, and has an excellent support team.

Cons

The Excel add-on can be sluggish at times.

Pros

The reporting features are intuitive and simple, with drag-and-drop functionality for creating reports and easily maintaining complex filters dynamically. The user interface is visually pleasing, simplifying the closing process.

Cons

Execution times can be slow for certain processes, possibly due to complex calculations or external factors such as simultaneous user activity.

Pros

The system is incredibly simple for both technical and non-technical staff. It offers a broad range of out-of-the-box features to start immediately, yet is highly adaptable for business scaling.

Cons

The product is generally intuitive for customer-facing portions. However, new developments should be better promoted so customers can stay current and benefit from updates.

Pros

This basic product allows us to tailor it to our needs, with extensive built-in functionality for financial planning and reporting. SaaS implementation is quick and easy.

Cons

The specialized nature of the product makes it costly and difficult to find consultants or developers. Too much customization complicates data flow and processes. We faced some performance issues during implementation but have not encountered them in production so far.

Pros

Excellent for budgeting, planning, and generating financial reports for all business areas.

Cons

There's a significant amount to grasp initially, leading to a steep learning curve.

Pros

In one environment, we can reconcile management data with accounting and forecast data, creating customized environments.

Cons

Customization is difficult and time-consuming.

Pros

It keeps everyone updated at once.

Cons

Servers down a lot.

Pros

It has made things so much easier for us and saved me a lot of time personally.

Cons

None.

Pros

Our data is synthesized in one place.

Cons

Customizing things takes a while to do.

Pros

Cloud-based software with minimal downtime.

Cons

The structure is not particularly intuitive. Many elements are coded in Italian, which poses challenges.

Pros

A lot of the features surprised me pleasantly.

Cons

It could do with more refining.