STAMFORD, Connecticut and LUCCA, Italy, October 3, 2018 /PRNewswire/ --
Together, CCH Tagetik and SAP HANA provide a unified architecture for streamlining financial processes and implementing real-time predictive analytics for the modern office of finance
Wolters Kluwer today announces that CCH Tagetik will join SAP for a live demonstration to showcase the combined power of the CCH Tagetik Finance Transformation Platform with SAP HANA®. The presentation, "Welcome to the Planning and Consolidation Revolution," is scheduled for Wednesday October 17th, 12.00pm - 12.20pm, Impact 20 Theater at SAP Insider's Financials 2018 conference in Prague.
Hosted by Claus Koppensteiner, managing director of CCH Tagetik DACH for Wolters Kluwer, and Artie Jasperse, partner success manager for SAP, the presentation will include customer success stories and will demonstrate to attendees how the combined solution can dramatically shorten planning and close cycles, maximize massive ERP and data warehouse data assets, and bring real-time and meaningful predictive analytics to the finance organization and C-suite.
The CCH Tagetik Finance Transformation Platform brings together corporate performance management (CPM) and granular data analysis and governance into a single platform. With the Finance Transformation Platform, the office of finance can efficiently orchestrate multiple financial processes and deliver deep financial and business insights with comprehensive visibility, transparency, control and confidence from start to finish.
SAP HANA is one of the first data management platforms to handle transactions and analytics in memory on a single data copy. It converges a state-of-the-art database with advanced analytical processing, application development capabilities, data integration, and data quality. Customers gain a single secure environment for all mission-critical data assets for efficient management of large volumes of structured and unstructured data.
"By integrating the financial intelligence of CCH Tagetik with the in-memory technology of SAP HANA, finance organizations get the ultimate CPM platform for the future," said Koppersteiner. "In addition to dramatically reducing run-times for planning, consolidation, and reporting - often by 50% or more - the unified platform also gives the office of finance a way to efficiently manage and utilize massive amounts of data from virtually all enterprise sources for advanced analytics and modeling. "
With the in-memory capabilities of SAP HANA, CCH Tagetik customers can manage growing data volumes with the ability to conduct advanced analytics, sophisticated simulations, and even industry benchmarking. Besides better decision making, CCH Tagetik customers also gain a platform ready to take advantage of future AI technologies while continuing to leverage investments in enterprise legacy systems.
Financials 2018 attendees can get further details about the combined solution at the Wolters Kluwer CCH Tagetik booth (#260). Technical information, case studies, and recorded webinars about the CCH Tagetik/SAP HANA solution are available here .
About Wolters Kluwer
Wolters Kluwer is a global leader in professional information, software solutions, and services for the health, tax & accounting, finance, risk & compliance, and legal sectors. We help our customers make critical decisions every day by providing expert solutions that combine deep domain knowledge with specialized technology and services.
CCH Tagetik, a part of the Wolters Kluwer Tax & Accounting, provides solutions to CFOs for Corporate Performance Management.
Wolters Kluwer reported 2017 annual revenues of €4.4 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). For more information about our solutions and organization, visit www.wolterskluwer.com, follow us on Twitter, Facebook, LinkedIn, and YouTube.
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SOURCE CCH Tagetik