2025 Gartner® Magic Quadrant™ for Financial Close and Consolidation Solutions

Following recognition as a Leader in the 2023 Gartner Magic Quadrant for Financial Close and Consolidation Solutions, Wolters Kluwer has once again been named a Leader in the 2025 Gartner® Magic Quadrant™ for its CCH Tagetik Financial Close and Consolidation Solution.

Wolters Kluwer’s Ability to Execute and Completeness of Vision are the key reasons for this recognition. the Wolters Kluwer was named as a Leader for the Financial Close and Consolidation thanks to the capabilities offered through the CCH Tagetik Intelligent Platform. We believe this recognition is a testament to our consistent commitment to product excellence and innovation. 

Innovating Financial Close & Consolidation with AI and Advanced Automation 

The CCH Tagetik Financial Close and Consolidation solution from Wolters Kluwer supports all close processes—from data collection to disclosure—including: 

• Transaction Matching
• Account Reconciliation
• Group Consolidation
• Financial & Management Reporting
• ESG & Disclosure Management
• iXBRL Compliance

With the recent launch of the CCH® Tagetik Intelligent Platform, we are integrating advanced AI capabilities to improve efficiency, accuracy, and strategic decision-making for the Office of the CFO. 

How CCH Tagetik Financial Close & Consolidation is transforming the industry 

• Extends the scope, speed, and accuracy of financial close processes, covering new operational dimensions such as account reconciliation, ESG, global minimum tax, and integrated disclosure.
• Empowers CFOs with AI and GenAI for transaction matching, outlier detection, and predictive insights, enhancing accuracy and speed in financial close and consolidation.
• Expands core capabilities beyond traditional financial consolidation, integrating with adjacent processes like ESG, sustainability, tax, and insurance reporting.
• Drives innovation with transaction matching, anomaly detection, COA mapping, and predictive analytics powered by AI and machine learning.
• Supports fast implementation timelines, even for the largest enterprises. 

By leveraging advanced automation and AI-driven insights, CCH Tagetik Financial Close & Consolidation enables finance leaders to automate close-adjacent processes, accelerate financial close, and make data-driven decisions with confidence. 

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2025 Gartner® Magic Quadrant™ for Financial Close and Consolidation Solutions. Published 25 March 2025 - By Jeffrin Francis, Nisha Bhandare, Renata Viana, Permjeet Gale.</sub>