WEBVTT 1 00:00:09.284 --> 00:00:14.063 The challenges we face in the landscape are actually very scattered, 2 00:00:14.064 --> 00:00:23.843 we also faced different challenges at the same time, so at a certain point in time it was actually the request of one business group that triggered 3 00:00:23.844 --> 00:00:33.624 the start of a more in depth analysis of new requirements and new needs, so we decided to review all the budgeting processes 4 00:00:33.625 --> 00:00:41.404 within Agfa and also the consolidation processes. We were using different tools, SAP SEM-BCS and Cognos Controller. 5 00:00:41.405 --> 00:00:53.185 CCH Tagetik mets are requirements but our requirements were also like analyze very much in depth so before we actually launched the request for proposal we had a large set of 6 00:00:53.186 --> 00:01:02.965 requirements but we were convinced that CCH Tagetik would have met them. We wanted to be more flexible than with the previous tool and there CCH Tagetik 7 00:01:02.966 --> 00:01:12.746 really responded to our needs. It drastically changed our work environment and also our processes because we took the opportunity 8 00:01:12.747 --> 00:01:24.126 to implement a new data model but also to introduce additional control processes and shift them a bit forward again into the finance processes. 9 00:01:24.127 --> 00:01:32.307 A good example of this is the intercompany reconciliation cockpit which we recently introduced, now having all our data that comes 10 00:01:32.308 --> 00:01:43.087 in the corporate tool is reconciled for intercompany and this is a major step. The three main attributes were: the first the single platform approach, 11 00:01:43.088 --> 00:01:53.468 which evidently avoids you to have lot of interfaces and all the troubles that come with them, secondly the strong performance showed during the proof of concept 12 00:01:53.469 --> 00:01:57.648 and thirdly price competitiveness was very important for Agfa as well. 13 00:01:57.648 --> 00:02:07.217 The benefits of the platform solution for Agfa is having less interfaces, less reconciliations, more controls in one system. 14 00:02:07.218 --> 00:02:10.817 We will definitely recommend CCH Tagetik to another company.