Providers evaluated according to various criteria, from product functions and software architecture to sales and marketing strategy and customer satisfaction
STAMFORD, Conn. and LUCCA, Italy, March 3, 2020 /PRNewswire/ -- CCH Tagetik, part of Wolters Kluwer Tax & Accounting and the global provider of market-leading software solutions and information services for finance professionals has once again been categorized as a "market leader" in the Financial Performance Management segment in 2020 in Germany, Austria and Switzerland (DACH) by the Business Application Research Center (BARC).
The new BARC Score Financial Performance Management DACH assesses a total of 15 solution providers in the segment. In the report, the research and consulting institute BARC highlights the differences between the respective solutions and the corresponding focus of their portfolios. The providers are evaluated according to various criteria, from product functions and software architecture to their sales and marketing strategy and customer satisfaction.
The BARC analysts highlight the integration options in SAP HANA infrastructures as an example of the strength of the CCH Tagetik Finance Transformation Platform. According to the report, CCH Tagetik is also characterized by the fact that it is an integrated solution for the financial planning of individual branches or at group level, but which also has CPM functions such as consolidation or disclosure management. The Analytic Information Hub also enables the processing of large amounts of data at a granular level. As a further strength of CCH Tagetik, the new BARC Score also mentions user-friendly data entry, which can be carried out using an Excel add-in or web-based forms.
"Switching to SAP HANA currently plays an important role for many of our customers and prospects. We are therefore all the more pleased that the analysts from BARC explicitly highlight these integration options in the new score," said Andreas Drescher, General Manager CCH Tagetik Central & Northern Europe. "We also see the renewed placement in the top group of market leaders as confirmation of our strategy to offer a holistic business intelligence approach with our solution: from planning and consolidation to regulatory aspects."
To download a copy of the CCH Tagetik's highlight report click here.
About Wolters Kluwer
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 specialized technologies and services.
Wolters Kluwer reported 2019 annual revenues of €4.6 billion. The group serves customers in over 180 countries, maintains operations in over 40 countries, and employs approximately 19,000 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).
SOURCE CCH Tagetik