---
title: "#1 Consolidation with CCH Tagetik"
description: With CCH Tagetik Consolidated Financial Statements &amp; Consolidation software, we manage complexity to help you accelerate your close
---

![Space](https://bluebird-ag.com/hubfs/Space.jpg)>

# Wolters Kluwer CCH Tagetik

#### Financial Statements & Consolidation

[ Contact us ](https://bluebird-ag.com/en/about/contact-us)

![macbookpro](https://bluebird-ag.com/hubfs/Imported%20images/macbookpro.png) ![A screenshot of a dashboard in a computer.](https://bluebird-ag.com/hubfs/img_full.png)

#### With CCH Tagetik Consolidated Financial Statements & Consolidation software, we manage complexity so you can accelerate your close.

With Financial Statements & Consolidation, accelerate your financial close and keep pace with evolving [reporting](https://bluebird-ag.com/en/solutions/wolters-kluwer/compliance-reporting). Manage complex, global requirements in a consolidation workflow that streamlines processes from start to finish – from local to group consolidation, reporting to disclosure.

Create visibility and control with our Analytic Information Hub, which centralizes all your financial and non-financial data for integrated reporting and faster, more accurate closing. By using a single data source, data can be consolidated and connected to all other financial processes – [budgeting](https://bluebird-ag.com/en/expertise/planning-budgeting-forecasting), planning & forecasting, reporting and disclosure.

##### These core functions of our solution support you in your tasks:

- Consolidation cockpit
- Intercompany Matching Cockpit
- Account Reconcilitation and Transaction Matching
- Multi-GAAP and IFRS
- Different currencies, exchange and interest rates
- Calculation engine and complex rules
- Complete data integration, validation and delivery
- Additional special functions

## Wolters Kluwer | CCH Tagetik

Gain insights. Create value. Drive business.  
Experience one of the best CPM platforms solution and discover the benefits.

3 reasons why [CCH Tagetik](https://www.wolterskluwer.com/en)‘s Consolidated Financial Statements & Consolidation solution allows you to focus on your business.

 Single point of truth

Go beyond a single process. Automate the entire financial consolidation process – complete trial balance imports, intercompany reconciliations, journals, and reports on a single platform.

 Advanced consolidation intelligence

Monitor every consolidation step in an intelligent cockpit that gives you all the options – from eliminating intercompany transactions to managing multi-currency conversions.

 Compliance and control

Meet regulatory requirements by using data reporting to improve GAAP, IFRS, and XBRL reporting. Our automated financial controls, validation rules, and full audit trails provide complete data and process visibility.

##### Key capabilities of CCH Tagetik

- Consolidated financial statements in accordance with HGB, IFRS, US GAAP or other accounting standards,  
  Parallel degrees, if applicable
- Consolidated and subgroup financial statements
- True matrix consolidation and segment reporting
- IFRS notes/ HGB notes
- Mapping of reporting content according to controlling specifications
- Technical and content organization of the IC matching process
- Currency conversion
- Calculation of deferred taxes and tax reporting
- Automated Cash Flow Statement
- Depreciation calculations
- Simulation of consolidated financial statements (currency scenarios, virtual group structures)
- Planned consolidated financial statements
- Consolidation of corporate planning
- Extensive commenting functions (consolidation of comments)
- ESEF reporting in iXBRL format

##### Demo Consolidated Financial Statements & Consolidation

Manage multiple units in a single system. With comprehensive consolidation intelligence, CCH Tagetik takes care of the complexity so you can accelerate the close and consolidation process across all business units.

- Accuracy due to autom. Consolidation Cockpit
- Automated intercompany transactions
- Compliance with IFRS, GAAP and other financial statement standards
- Intuitive consolidation workflow
- Data governance and complete transparency

#### Wolters Kluwer | CCH Tagetik - Discover solutions

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#### Experience the difference with CCH Tagetik

CCH Tagetik goes beyond basic CPM capabilities. By **reconciling financial and operational data on a unified platform**, our software ensures that you are working with a “**single point of truth.**” The result is faster financial processes and a complete overview of your entire company.

Learn more about **CCH Tagetik**‘s **unified CPM platform**:

[

 Budgeting, Planning, Forecasting 

](https://bluebird-ag.com/en/solutions/wolters-kluwer/budgeting-planning)

Finanzen und den operativen Betrieb intelligent verknüpfen. Besser managen. Schneller reagieren.

[ Learn more ](https://bluebird-ag.com/en/solutions/wolters-kluwer/budgeting-planning)

[

 Financial Close & Consolidation 

](https://bluebird-ag.com/en/solutions/wolters-kluwer/consolidation)

Vollständig automatisiert. Einfach zusammengefasst. Erstellen Sie sich einen schnellen und präzisen Abschluss..

[ Learn more ](https://bluebird-ag.com/en/solutions/wolters-kluwer/consolidation)

[

 Cash Flow Planning and Analysis 

](https://bluebird-ag.com/en/solutions/wolters-kluwer/cashflow-planning)

Manage Cash. Risiko reduzieren. Liquidität optimieren.

[ Learn more ](https://bluebird-ag.com/en/solutions/wolters-kluwer/cashflow-planning)

[

 Disclosure Management Software 

](https://bluebird-ag.com/en/solutions/wolters-kluwer/disclosure-management)

Optimieren Sie die „letzte Meile“. Berichterstattung – sorgfältig und vertraulich.

[ Learn more ](https://bluebird-ag.com/en/solutions/wolters-kluwer/disclosure-management)

[

 Compliance & Regulatory Reporting 

](https://bluebird-ag.com/en/solutions/wolters-kluwer/compliance-reporting)

Compliance- Anforderungen erfüllen. Korrekte Berichtserstattung. Regelkonform ohne Hindernisse.

[ Learn more ](https://bluebird-ag.com/en/solutions/wolters-kluwer/compliance-reporting)

[

 Advanced Analytics & Dashboarding 

](https://bluebird-ag.com/en/solutions/wolters-kluwer/advanced-analytics)

Treffen Sie genaue, datengetriebene Entscheidungen mit CCH Tagetik Advanced Analytics & Dashboarding

[ Learn more ](https://bluebird-ag.com/en/solutions/wolters-kluwer/advanced-analytics)

[

 ESG & Sustainability Performance Management 

](https://bluebird-ag.com/en/solutions/wolters-kluwer/esg-sustainability)

Schaffen Sie Konformität. Vertrauen aufbauen. Treiben Sie eine nachhaltigere Zukunft voran.

[ Learn more ](https://bluebird-ag.com/en/solutions/wolters-kluwer/esg-sustainability)

[

 Account Reconciliation & Transaction Matching 

](https://bluebird-ag.com/en/solutions/wolters-kluwer/account-reconciliation)

Beschleunigen Sie Ihren Abschluss. Erhöhen Sie die Transparenz. Die Kontrolle übernehmen.

[ Learn more ](https://bluebird-ag.com/en/solutions/wolters-kluwer/account-reconciliation)

[

 Profitability Analyse 

](https://bluebird-ag.com/en/solutions/wolters-kluwer/profitability-analysis)

Granulare Daten. Maximale Einblicke. Sorgen Sie für höhere Leistung und profitables Wachstum

[ Learn more ](https://bluebird-ag.com/en/solutions/wolters-kluwer/profitability-analysis)

[

 Financial Reporting 

](https://bluebird-ag.com/en/solutions/wolters-kluwer/financial-reporting)

Die CCH Tagetik-Lösung kombiniert vertraute Reporting-Tools mit Echtzeitdaten, Automatisierung und Finanzintelligenz.

[ Learn more ](https://bluebird-ag.com/en/solutions/wolters-kluwer/financial-reporting)

[

 Production Cost Planning & Control 

](https://bluebird-ag.com/en/solutions/wolters-kluwer/production-cost)

COGS steuern. Entscheidungsfindung verbessern. Profit maximieren.

[ Learn more ](https://bluebird-ag.com/en/solutions/wolters-kluwer/production-cost)

[

 Supply Chain Planning Software 

](https://bluebird-ag.com/en/solutions/wolters-kluwer/supply-chain-planning)

Lieferketten ausrichten. Angebot und Nachfrage ausgleichen. Funktionsübergreifend zusammenarbeiten.

[ Learn more ](https://bluebird-ag.com/en/solutions/wolters-kluwer/supply-chain-planning)

#### You are looking for something different?

Find more leading CPM providers here:

[ONESTREAM XF ](https://bluebird-ag.com/en/software/onestream)

[BOARD CPM ](https://bluebird-ag.com/en/software/board-cpm)

[ORACLE EPM ](https://bluebird-ag.com/en/software/oracle-epm-cloud)

[HYPERION EPM ](https://bluebird-ag.com/en/software/oracle-hyperion)

##### BLUEBIRD CONSULTING AG

 Switzerland   
Blattenweg 8 8634   
Hombrechtikon / Zurich

- Telefon: [+41 43 535 04 - 57](tel:+41%2043%20535%2004%20-%2057)
- E-Mail: [info@bluebird-ag.com](mailto:info@bluebird-ag.com)
- Webseite: [https://bluebird-ag.com](https://bluebird-ag.com)

Germany   
Muehlweg 1  
82054 Sauerlach/Munich

 Telefon: [+49 89 21 55 1007 - 0](tel:+49%2089%2021%2055%201007%20-%200)

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