The highly-respected Matrix objectively ranks current BPM vendors according to measurable data relating to market status and customer satisfaction. The BPM Partner analysis highlighted core strengths of product flexibility, depth and breadth of functionality, operational analytics and harnessing the power of AI. Recent developments include:
CCH® Tagetik Account Reconciliation with enhanced transaction matching from disparate systems to accelerate the close
Wolters Kluwer acquisition of Vanguard Software to further expand operational planning with predictive planning for end-to-end supply chain management
"From the survey results, it is clear that Wolters Kluwer continues to invest in the CCH® Tagetik portfolio, customer support, and partner ecosystem," said Craig Schiff, CEO, BPM Partners. "By connecting finance and operations with predictive capabilities, they are in the forefront of delivering on the vision of performance management by uniting strategic, financial, and operational planning."
"Our commitment to drive innovation, including AI, that helps the office of the CFO deliver explainable predictions and actionable insights has been recognized by the respondents to BPM Partners' highly-regarded Matrix," said Ralf Gärtner, Senior Vice President and General Manager of Corporate Performance Solutions, Wolters Kluwer Tax & Accounting. "We will continue to focus on delivering expert solutions that empower finance and other enterprise functions with insights that shine a light on strategic decisions and help ensure better business outcomes."
The CCH® Tagetik Finance Transformation Platform, powered by the Analytic Information Hub, provides a comprehensive corporate performance management solution, including processes such as budgeting planning & forecasting, financial close & consolidation, financial reporting, disclosure management, compliance regulatory reporting, and advance analytics & dashboarding. CCH® Tagetik expert solutions connect finance and operations to facilitate integrated business planning and integrated reporting.
Wolters Kluwer (WKL) is a global leader in professional information, software solutions, and services for the healthcare; tax and accounting; governance, risk and compliance; and legal and regulatory sectors. We help our customers make critical decisions every day by providing expert solutions that combine deep domain knowledge with technology and services.
Wolters Kluwer reported 2020 annual revenues of €4.6 billion. The group serves customers in over 180 countries, maintains operations in over 40 countries, and employs approximately 19,200 people worldwide. The company is headquartered in Alphen aan den Rijn, the Netherlands.
Wolters Kluwer shares are listed on Euronext Amsterdam (WKL) and are included in the AEX and Euronext 100 indices. Wolters Kluwer has a sponsored Level 1 American Depositary Receipt (ADR) program. The ADRs are traded on the over-the-counter market in the U.S. (WTKWY).
BPM Partners is the leading independent authority on business performance management (BPM) and related business intelligence solutions. The company helps organizations address their budgeting, planning, financial reporting, regulatory compliance, profitability optimization, key performance indicator (KPI) development, and operational performance challenges with vendor-neutral experts who can guide companies through their BPM initiatives from start to finish while both reducing risk and minimizing costs. For further details, go to https://www.bpmpartners.com. Follow BPM Partners on Twitter @BPMTeam.