Budgeting, Planning & Forecasting with CCH Tagetik - Maus Frères case study

Maus Frères implemented CCH® Tagetik’s software for Budgeting, Planning & Forecasting, Consolidation.

挑むべき課題

The history of Maus Frères dates back to 1902. At that time, the brothers Ernest and Henri Maus, together with their business partner Leon Nordmann, laid the foundation for today’s group with a department store in Lucerne. Against this background, efficient, high-performance structures and processes are crucial for Maus Frères’ finance department. But in areas such as planning, budgeting and corporate performance management, there were deficiencies and limitations, especially from a technological point of view.

For example, performance measurement was largely Excel-based - with all the associated challenges and limitations. Modern management reporting solutions were only available to a very limited extent. The existing accounting solution was getting old and heading toward outdated, insufficiently integrated and only partially suitable for mapping the holding company’s business processes.

Maus Frères opted for the Abacus ERP system on the one hand and for CCH® Tagetik for performance management on the other. The CPM specialist Satriun came into play as the holding company’s implementation partner. Satriun has extensive CCH® Tagetik expertise and was already known to Maus Frères from previous joint projects.

All transactional core processes of the organization are now mapped via the Abacus ERP. CCH® Tagetik in turn covers performance management, especially in the areas of budgeting, forecasting, planning, and KPIs. Data from the four business units Lease Management, Shopping Center Management, Facility Management, and Project Management is processed via a uniform solution.

The bottom line is that with CCH® Tagetik, Maus Frères was able to introduce a unified performance management platform that, thanks to its holistic finance transformation approach, goes well beyond the performance and functional spectrum of classic CPM solutions. They have a fully integrated and optimized planning process that saves time, improves accuracy and transparency with drill-down to the granular project level.