The Gartner report includes Cloud Financial Close Solutions that help the office of finance manage the financial close and apply appropriate controls throughout the accounting cycle. CCH Tagetik is helping customers accelerate their financial close with financial consolidation, financial reporting, reconciliation management, close management, intercompany transactions and disclosure management capabilities.
"This recognition by Gartner marks another significant step in our journey. We are focus on supporting our global customer base with comprehensive, innovative solutions, while keeping pace with evolving accounting standards," said Ralf Gärtner, Senior Vice President and General Manager of Corporate Performance Solutions, Wolters Kluwer Tax & Accounting. "By equipping the Office of Finance with advanced functionality, we enable our customers to go beyond and gain transparency and control in times of fast-paced change."
CCH® Tagetik Financial Close & Consolidation, CCH® Tagetik Account Reconciliation, and CCH® Tagetik Collaborative Office are the ideal solutions to manage complex global requirements in a consolidation workflow that streamlines processes from end-to-end — from account reconciliation, local close to group consolidation, financial reporting, regulatory compliance and disclosure. Strong data management and governance capabilities in CCH® Tagetik solutions are powered by the Analytic Information Hub, centralizing all granular financial and non-financial data to enable integrated reporting and a faster close.
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1 Gartner, Market Guide for Cloud Financial Close Solutions, Greg Leiter, Robert Anderson, 21st July 2021.
About Wolters Kluwer
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 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).