WEBVTT

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Priva is an international working company with several foreign offices along with their headquarters in the Netherlands.

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We need to integrate our data as we have different companies, different offices, we need to bring information together from different systems.

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Of course, in finance, you have several processes, monthly reporting, year closing, budgeting, planning. 

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Our board and the management require timely information, to not wait too long and, of course, access correct information. 

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We had a solution for consolidating yearly accounts.

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Next to that, we had Excel solutions for monthly reporting and for budgeting and forecasting.

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CCH Tagetik is a tool that can be operated by finance without the need for an IT specialist

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to configure or set up things. For a period, we started to use CCH Tagetik with our solutions.

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The advantage of this was we had a fallback. Next to that, we could check the outcomes of CCH Tagetik and

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the new process with what we were used to. With the workflow that's available in CCH Tagetik, you

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have a dashboard and cockpit where you can see the status of every office.  

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With CCH Tagetik, we can reuse the same data in different ways. 

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Our yearly accounts are a bit different from our monthly management accounts. The roll-up of the data is different, but you can very easily define different hierarchies in CCH Tagetik.

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This makes my life a lot easier than it was in the past.