Our Solution
Ithude supported the client in designing and implementing a CCH Tagetik Cloud solution, configuring a system to:
- Automate statutory and managerial consolidation according to IFRS principles
- Manage data feeds via quarterly Year-To-Date Excel files
- Execute adjusting and consolidation entries (dividends, intercompany, equity, minorities)
- Integrate financial notes and reporting using Collaborative Office and Disclosure Management
- Provide advanced workflow for contributors and consolidators
- Offer customizable reporting via Excel add-ins and web reporting
Results & Impact
- Fully digitalized consolidation process
- Reduced operational time for preparation, validation, and review of objectives, indicators, and capacities
- Better alignment between individual performance and company goals through a transparent and consistent structure
- Increased engagement and accountability of managers in defining and achieving targets
Technologies used
- CCH Tagetik Cloud – Consolidation, Collaborative Office, Disclosure Management modules
- Workflow for Contributors & Consolidators
- Excel Add-in and Web Data Entry
- Data Integration via ETL and Quick Data Loader
Thanks to the collaboration with Ithude, the client transformed a complex and fragmented process into an integrated, compliant, and efficient system, positioning itself at the forefront of group economic-financial governance.