WEBVTT 1 00:00:07.290 --> 00:00:25.060 Before using CCH Tagetik we had scattered Excel files in the organization, we had many experts using Excel, but when they change their functions and new users took on their roles, they could not follow the reports. 2 00:00:25.800 --> 00:00:28.800 So we tried to find out the right solution 3 00:00:29.000 --> 00:00:31.000 to standardize our reporting process. 4 00:00:34.000 --> 00:00:49.000 We had many vendors to select from, 5 00:00:50.000 --> 00:00:55.000 Microsoft, Hyperion, IBM ... 6 00:00:55.300 --> 00:01:17.000 and we found that the suitable solution for our needs was CCH Tagetik. I think the main aspect that differentiates CCH Tagetik from the other products is the ease of use. It allows the users to do allocation rules by themselves and that's the main reason why we selected it. 7 00:01:19.860 --> 00:01:30.900 Before CCH Tagetik we had the calculation in Excel and the users 8 00:01:31.040 --> 00:01:38.000 easily put the allocation logic into CCH Tagetik. 9 00:01:38.100 --> 00:01:46.410 Once they have many assumptions and calculation they are able to change by themselves and they try to learn, 10 00:01:47.190 --> 00:02:03.410 according to the implementation time, and finally we can get through the high position that we want to, in the past few years. Using CCH Tagetik we can reduce the preparation phase of the data, 11 00:02:04.400 --> 00:02:09.000 if we did not have it, we would have to gather the information from 12 00:02:09.100 --> 00:02:11.500 many sources of data. 13 00:02:12.290 --> 00:02:22.000 Now that we get the standard structure of the application, we can gather the information from any sources 14 00:02:22.700 --> 00:02:26.000 and populate the data into CCH Tagetik, automatically. 15 00:02:26.370 --> 00:02:42.710 That's the amazing thing: we can reduce the preparation phase, so the users can use that time to analyse data, so that is the value that we can have from CCH Tagetik. 16 00:02:45.820 --> 00:03:03.720 I think that the most important thing using CCH Tagetik is the unified platform, it allows me to do the accounting and reporting 17 00:03:04.000 --> 00:03:08.000 in one single application 18 00:03:08.100 --> 00:03:11.260 and that's what I was looking for. 19 00:03:12.410 --> 00:03:19.220 In terms of benefits that we get, the most significant is the TCO 20 00:03:19.300 --> 00:03:24.000 and being able to analyse data 21 00:03:24.430 --> 00:03:34.660 not only in the data preparation that we did in the past. That's the biggest benefit: 22 00:03:34.700 --> 00:03:40.380 our users can now have time to analyze the data. 23 00:03:41.430 --> 00:03:51.560 I would recommend CCH Tagetik to other companies that need a unified platform to improve their business financial processes.