Wolters Kluwer named Market Leader in BARC Score Financial Performance Management 2024
March 28 2024 - 7:09AM
Business Wire
Wolters Kluwer CCH® Tagetik expert solution
recognized by BARC for seventh consecutive year
Wolters Kluwer, a global leader in information, software, and
services for professionals, today announces that its CCH® Tagetik
expert solution has retained its leadership position for the
seventh consecutive year in both the Global and DACH region issues
of the prestigious BARC Score Financial Performance Management
(FPM) Report.
Developed by BARC, one of Europe’s leading analyst firms for
business software, the reports highlight CCH Tagetik’s strength as
a unified platform for financial corporate management (financial
consolidation and close; budgeting, planning, and forecasting; ESG
and regulatory reporting; corporate tax) that can be used by
individual subsidiaries or at group level.
Ralf Gärtner, Senior Vice President and General Manager of
Corporate Performance & ESG, Wolters Kluwer, said: “The
BARC Score FPM Reports have ranked CCH Tagetik as a market leader
year after year, recognizing our consistent commitment to product
excellence and innovation. We are focused on empowering CFOs – in
the DACH region and globally – to drive digital transformation,
manage complex global requirements, and connect enterprise-wide
insights to deliver growth and navigate change.”
To develop the BARC Score FPM Reports, BARC analysts review data
and insights from the BARC Planning Survey, the BARC Financial
Consolidation Survey, and customer feedback to rate solution
providers on architecture, functionality, performance, and customer
satisfaction.
Positive client sentiment related to the business benefit of the
CCH Tagetik expert solution and its price-to-value, planning and
financial consolidation functionality, workflow support and ease of
use was highlighted in the BARC Planning Survey, a key input for
the BARC Score FPM Reports.
Dr. Christian Fuchs, BARC Senior Data & Analytics
Analyst, commented: “Our BARC Financial Consolidation Survey
has revealed a high level of customer satisfaction with CCH Tagetik
projects. Clients particularly highlighted the key strengths of the
workflow and comprehensive financial consolidation and close
functionality. This positive customer feedback underscores CCH
Tagetik's continued strong performance in the BARC Scores.”
CCH Tagetik is part of Wolters Kluwer’s Corporate Performance
& ESG (CP & ESG) division, headed by CEO Karen Abramson.
The division is the world’s leading provider of integrated software
solutions for EHS, Environmental, Social, and Governance (ESG), and
Governance, Risk and Compliance (GRC). Through innovative
technology and unique expertise, Wolters Kluwer CP & ESG
enables business leaders to make informed, strategic decisions
driving transformation, performance and risk management for a
sustainable and resilient world.
About Wolters Kluwer
Wolters Kluwer (EURONEXT: WKL) is a global leader in
information, software solutions and services for professionals in
healthcare; tax and accounting; financial and corporate compliance;
legal and regulatory; corporate performance and ESG. We help our
customers make critical decisions every day by providing expert
solutions that combine deep domain knowledge with technology and
services.
Wolters Kluwer reported 2023 annual revenues of €5.6 billion.
The group serves customers in over 180 countries, maintains
operations in over 40 countries, and employs approximately 21,400
people worldwide. The company is headquartered in Alphen aan den
Rijn, the Netherlands.
For more information, visit www.wolterskluwer.com, follow us on
LinkedIn, Facebook, YouTube and Instagram.
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version on businesswire.com: https://www.businesswire.com/news/home/20240328199815/en/
Sarah Whybrow Associate Director, External Communications
Corporate Performance & ESG Wolters Kluwer Mob: +44 7855 186713
sarah.whybrow@wolterskluwer.com