Gain access to critical insights on the recognized financial planning software solutions with our comprehensive report. The experts at Gartner analyzed 16 platforms to help you choose the right tools for your team’s unique goals and needs.
What’s in the report?
- Expert evaluations & in-depth analysis: Objective, evaluation of financial planning software vendors to ensure you make the most informed decision.
- Emerging trends & important features: Discover the latest advancements in real-time analytics, predictive planning, and integration capabilities that empower finance teams to act with agility and precision.
- AI-powered planning: A deep dive into solutions excelling in AI-driven forecasting, dynamic modeling, and real-time data to solve today’s complex business challenges.
For the fourth year, Gartner® recognizes Wolters Kluwer as a Leader for its CCH® Tagetik expert solution. Here’s why.
CCH® Tagetik Budgeting, Planning, and Forecasting is an AI-powered enterprise planning software that enables global companies across industry verticals to plan with unmatched speed and automation. As a true extended planning solution, CCH® Tagetik supports strategic, financial, and operational planning, including supply chain and workforce planning, and integrates with any third-party source system.
To answer the call for agility, accuracy, and transparency in enterprise planning,
CCH® Tagetik planning software provides:
- Real-time analytics
- Cascading allocations
- Configurable workflows
- Predictive plans and forecasts
- AI-driver based planning
Financial Planning Software for FP&A transformation
Financial planning software refers to technology that supports FP&A processes, including planning, budgeting, forecasting, modeling, performance reporting, and analysis.
The Gartner® Magic Quadrant ™ evaluates financial planning software vendors according to specific market criteria.
FP&A leaders and finance teams can use this research to evaluate vendors and determine the best software for their financial planning needs.
About the 2024 Gartner® Magic Quadrant™ for Financial Planning Solutions
Gartner, a company that delivers actionable, objective insight to executives and their teams.
According to Gartner®, “A Gartner Magic Quadrant is the culmination of research in a specific market, offering a wide-angle view of the relative positions of the market’s competitors. By applying a graphical treatment and a uniform set of evaluation criteria, a Magic Quadrant helps you quickly assess how well technology providers are executing their stated visions and performing against Gartner’s market view.”
The Magic Quadrant places technology providers into one of four categories:
- Leaders: Execute well against their current vision and are well positioned for tomorrow.
- Visionaries: Have a forward-looking vision for where the market is going but may not yet execute well.
- Niche Players: Successfully focus on a small segment or are unfocused and do not out-innovate or outperform others.
- Challengers: Execute well today or dominate a large segment but may not fully understand future market direction.
3 reasons why CCH Tagetik Financial Planning Solution lets you focus on your business
Decide faster
Speed up your reaction time and make faster decisions. Real-time driver-based simulations and built-in automation give you the flexibility to plan your way, at any time.
Understand impacts
Drill down into low-lying data and plan at any level using detailed drivers. With financial and operational information aligned and unlimited dimensions to explore, you can produce in-depth profitability analysis.
Predict outcomes
AI-based forecasting transforms billions of lines of raw data into information that can save your organization time and money.
*Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
Gartner, Magic Quadrant for Financial Planning Software, 18 November 2024, Regina Crowder, Vaughan Archer, Matthew Mowrey, Michelle Carlsen
GARTNER is a registered trademark and service mark, and MAGIC QUADRANT is a registered trademark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and are used herein with permission. All rights reserved.This graphic was published by Gartner, Inc. as part of a larger research document and should be evaluated in the context of the entire document. The Gartner document is available upon request from CCH Tagetik.
Gartner, Magic Quadrant for Financial Planning Software, 18 November 2024, Regina Crowder, Vaughan Archer, Matthew Mowrey, Michelle Carlsen
GARTNER is a registered trademark and service mark, and MAGIC QUADRANT is a registered trademark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and are used herein with permission. All rights reserved.This graphic was published by Gartner, Inc. as part of a larger research document and should be evaluated in the context of the entire document. The Gartner document is available upon request from CCH Tagetik.