Wolters Kluwer named a Leader in the 2024 Gartner® Magic Quadrant™ for Financial Planning Solutions

In this annual report, Gartner® evaluates 16 financial planning solution providers, and Wolters Kluwer has been recognized as a Leader for its Ability to Execute and Completeness of Vision for yet another year,   

About CCH Tagetik Budgeting, Planning, and Forecasting software 

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 

Our budgeting, planning, and forecasting software is part of the CCH® Tagetik Intelligent Platform. This state-of-the-art enterprise platform uses AI to enable finance professionals to manage massive datasets, unlock insights, and improve decision-making.

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.