CCH® Tagetik expert solution recognized by BARC for eighth consecutive year

NEW YORK: Wolters Kluwer, a global leader in professional information, software solutions, and services, today announced that its CCH Tagetik® expert solution has retained its leadership position for the eighth consecutive year in the prestigious BARC Score Financial Performance Management (FPM) report.

Karen Abramson, CEO of Wolters Kluwer Corporate Performance & ESG, said: “The BARC Score FPM Report has 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 to drive digital transformation, manage complex global requirements, and connect enterprise-wide insights to deliver growth and navigate change.”

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.

Positive client sentiment related to the business benefit of the CCH Tagetik expert solution and its price/performance ratio, 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 Analyst Data & Analytics, commented: “The BARC Financial Consolidation Survey – our counterpart to the Planning Survey for financial consolidation and group accounting – 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.”

Wolters Kluwer Corporate Performance Management (CPM) business unit is part of the Wolters Kluwer Corporate Performance & ESG (CP & ESG) division. The division is the world’s leading provider of integrated software solutions for EHS, ESG, Corporate Performance Management and Audit and Assurance. Through innovative technology and unique expertise, Wolters Kluwer CP & ESG solutions enable business leaders to drive financial and sustainability performance, manage risks, meet reporting requirements, improve safety and productivity, and reduce environmental impact.

For more information about Wolters Kluwer, please visit: www.wolterskluwer.com

Download the BARC Score Financial Performance Management 2025 report.

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 2024 annual revenues of €5.9 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.

About BARC Score

Since 2015, BARC has been classifying providers of business software in various market segments and economic regions. BARC analysts evaluate each vendor that meets a number of technical and financial criteria according to their “Portfolio Capabilities” and “Market Execution”. Behind these two dimensions lie detailed, weighted criteria that determine the placement of the vendors in the BARC Score chart. In addition, BARC draws on the results of user surveys such as The Planning Survey and The BI & Analytics Survey. For a concise overview of the market, all vendors are classified on the BARC Score chart in one of five segments: “Dominators”, “Market Leaders”, “Challengers”, “Specialists” and “Entrants”. For more information on BARC Score and the methodology behind it, please visit: barc.com/research/barc-scores/.

About BARC

BARC (Business Application Research Center) is one of Europe’s leading analyst firms for business software, focusing on the areas of data, business intelligence (BI) and analytics, enterprise content management (ECM) and customer relationship management (CRM). The company was founded in 1999 as a spin-off of the Chair of Business Administration and Information Systems at the Julius-Maximilians-University in Würzburg. Today, BARC combines empirical and theoretical research, technical expertise and practical experience, including a constant exchange with all market participants.

Fonte: Business Wire