Projectplanning with CCH Tagetik
For complex, project-driven organizations, it is essential to have both detailed insight into individual projects and a reliable consolidated view. Bridging the gap between project administration and corporate finance is a common challenge here. CCH Tagetik is specifically designed to bridge this gap with a deeply integrated architecture.
CCH Tagetik stands out in project planning because of its deeply integrated architecture. Where other tools stop at planning, CCH Tagetik connects the most granular project details with corporate-level consolidated financial reporting. An adjustment in the cost forecast for a specific project flows automatically and directly into the P&L, balance sheet and cash flow of the entire company, without manual reconciliation.
Its power for project-driven organizations lies in its advanced allocation engine. It allows complex, multi-stage "waterfall allocations" to be configured. This allocates indirect costs and overhead accurately and defensibly to individual projects. This leads to a very clean analysis of actual project profitability.
The underlying "Analytic Information Hub" is designed to handle extremely large volumes of both financial and operational data. This allows project managers to manage not only by budget, but also by operational drivers such as man-hours or machine hours. For organizations where compliance, deep financial intelligence and control over a complex project portfolio are critical, CCH Tagetik offers a robust, all-in-one solution.
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