Accelerating Financial Close processes and optimizing performance with CCH® Tagetik and SAP HANA®
Finance03 February, 2022
Acea
CCH®Tagetik with SAP HANA is increasingly important for our office of finance. Its high performance enables a continuous transformation process.
The Challenge
- Disconnected, siloed processes inhibited accounting alignment
- Tools for qualitative and quantitative analysis were slow and unresponsive
- Lacked the means to manage large amounts of data with analytical detail
- Long data collection and processing times
CCH Tagetik Solutions
- Accelerated financial close and real-time reporting processes through advanced data integration capabilities and hourly feeds, leading to the ability to manage 10x more data across processes for improved transparency
- Improved user experience as a result of faster response times for data loading, data entry and reporting
- Enhanced financial processes, consolidation, budgeting, planning, and management reporting
- Increased performance enabled by SAP HANA allowed Acea to benefit from robust data for granularity and volume available for processes
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